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America's poorer counties are new investment boomtowns: study

Posted on AllSides February 14th, 2024
From The Left
Illustration: Aïda Amer/Axios

There's an unprecedented building boom underway in America. With it has come a less-noticed phenomenon: a surge of investment into communities left behind in the last economic expansion.

Why it matters: Poorer counties with lower employment rates have attracted a large share of the hundreds of billions of dollars allocated for clean energy projects, semiconductor mega-factories and more.

If sustained, the investment surge has the potential to help reshape local economies — a sharp departure from the 2010s, a period that saw more muted investment in these parts of the...

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https://www.axios.com/2024/02/14/biden-economy-low-income-investment-study

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