In the News

We don’t like to brag, but often we find ourselves reading the newspaper when we stumble across our work, or our company name. Here’s a list of some of those articles.

Fourth Economy in the News

Southwestern Pennsylvania is moving forward in the development of a thriving water industry sector, one that not only attracts cutting-edge technologies from around the world but provides the region with thousands of jobs.


North Huntingdon officials are seeking the public's input as they begin implementing a consultant's recommendation that the municipality do a better job of promoting and marketing itself to stimulate economic development.


Indiana is analyzing regional cities across the country that experienced positive economic transformation to identify tools that can benefit growth and investment. This study will provide Indiana’s cities with information and resources to initiate their own transformative economic development strategies.


The Indiana Economic Development Corp. will conduct a study to compare Indiana cities to others across the region that are economically booming, the IEDC announced Wednesday. The study – called for by a law that the General Assembly passed earlier this year – will provide Indiana cities with the information and resources to grow and create their own economic development strategies.


Indiana is analyzing regional cities across the country that experienced positive economic transformation to identify tools that can benefit growth and investment. This study will provide Indiana’s cities with information and resources to initiate their own transformative economic development strategies.


Fourth Economy Consulting, based on Pittsburgh's North Side, last month delivered an analysis to help municipal officials develop short- and long-term economic-development strategies. The report includes a dozen recommendations that range from working to retain existing businesses and attract new ones to improving the municipality's promotional and marketing efforts.


Validation of the State of Pennsylvania’s showing in the awards above is offered by Pittsburgh-based Fourth Economy, which just updated its 2012 research on the state’s life sciences sector with some reassuring statistics.


While it is common for states, regions or cities to develop economic strategies when times get rough, the Valley Prosperity Partnership hopes to capitalize on the unprecedented job growth the Red River Valley has experienced in recent years to build a more innovative economy. A new, five-year action agenda, drafted in partnership with Fourth Economy, offers many possible action items for the region, which includes parts of North Dakota and Minnesota.


Michael Rubino wants to bring a bit of Seattle's Pike Place Market to Pittsburgh's Strip District. Mr. Rubino, whose family has been part of the Strip for nearly a century, wants to turn the neighborhood's iconic produce terminal into a "grand marketplace" filled with farmers, Amish vendors, businesses that specialize in closeout merchandise and local merchants looking to try something new or different.


Providence developer Stanley Weiss believes Rhode Island should take advantage of what he calls its “high-quality, well-built ancient architecture,” many of the former mill buildings now vacant or underused in its downtown areas. He took issue last week with a consultant’s suggestion that the Rhode Island Commerce Corporation should have funding to develop a business park with “pad-ready sites” for manufacturers seeking larger facilities than currently exist.


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FEC Index in the News

The Fourth Economy Community Index ranked Lexington the top Mid-sized community because it is ideally positioned to attract modern investment and manage economic growth. The index measured investment, talent, sustainability, place, and diversity.






Greensburg officials want the district to spark development and to “enhance the charm and character of the residential neighborhoods,” according to the proposal. Urban, which will be working with Fourth Economy Consulting of Pittsburgh, will be paid $85,000 from grant and foundation money, said Steve Gifford, executive director of the Greensburg Community Development Corp., which is involved in the project.


A panel discussion on “The Responsible Use of Water in Industry” will include Steve McKnight, of Fourth Economy Consulting; Sam Johnson, director of Water Asset Development for CONSOL Energy; Doug Wyatt of the National Energy Technology Laboratory; and Jack Adams and Leo Zappa of Calgon Carbon.


At the County level, the FEC Index divides communities into micro-, small-, mid-, and large-sized counties. Fourth Economy then evaluates five areas; Investment, talent, sustainability, place, and diversity.


Published annually by Fourth Economy Consulting of Pittsburgh, the Fourth Economy Index identifies those counties that are “ideally positioned to attract modern investment and managed economic growth.”


The latest release of the "Fourth Economy Community (FEC) Index" was announced recently, listing the nation’s top 10 large-sized Fourth Economy Communities. These communities are those ideally positioned to attract modern investment and managed economic growth and Kalamazoo County is on the list. 


A consulting company based in Pittsburgh has ranked Guilford and Durham counties among the nation’s top 10 large-sized Fourth Economy communities, according to a new index created by Fourth Economy Consulting, according to the High Point Enterprise.


Durham residents know that their county is a hotbed of economic activity and is poised for growth in all the right ways, but it's always nice to be recognized. Durham was recently recognized for being #1 in the nation by the Fourth Economy Community Index's top 10 large-sized Fourth Economy Communities. The recognized communities are ideally positioned to attract modern investment and managed economic growth.


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FEC Clients in the News

The Abandoned Pennsylvania Turnpike hasn’t seen car traffic since 1968 – but it’s experiencing new life as a pike-to-bike trail. The 13-mile stretch of road runs parallel to the modern turnpike, from Breezewood stretching east, and has a fascinating history as “America’s Only Abandoned Superhighway.”


FORT WAYNE – Economic development in northeast Indiana just got a boost – Ball State University’s Building Better Communities initiative has established a regional office in downtown Fort Wayne. Beth Neu was named the regional director of public policy and engagement at the office, adjacent to the Northeast Indiana Works staff offices on the ninth floor of the First Source buildingat 200 E. Main St. Neu, who mingled at an open house Tuesday, is not new to the Fort Wayne business community. Born and raised in Fort Wayne, she was the city’s economic development director in the 1990s before moving to Virginia, where she lived for 15 years.


The “footloose” industries that can locate almost anywhere provide a shrinking share of jobs in Indiana, but they remain the key targets of economic-development recruiting, according to a report from Ball State University. The report released Wednesday was commissioned by the Indiana Economic Development Corp., the state’s top economic-development agency. The report, by Ball State’s Center for Business and Economic Research, identified four broad sectors of the economy in which hundreds of thousands are employed in “footloose” fields: technologically advanced manufacturing, biosciences, emerging media, and information technology and logistics.


BUFFALO, N.Y. – The University at Buffalo’s New York State Center of Excellence in Bioinformatics and Life Sciences (CBLS) is refreshing its brand identity with a significant redesign that more accurately communicates its collaborative role in the community and emphasizes its efforts to spur economic development and innovation in Western New York.


Governor Bobby Jindal returned to the Louisiana Economic Development Authority Monday to announce that another information technology company is moving to Lafayette. California-based company Enquero Inc. will create a new technology center and will collaborate with the University of Louisiana at Lafayette to strengthen computer science curriculum and provide student internships and apprenticeships, the company's executive director Hemant Asher said. Jindal said Enquero's move from the Silicon Valley to Lafayette will produce 350 direct jobs with a salary of $64,300 per year plus benefits. Those direct jobs are expected to be filled by 2017. The company said it will also provide 354 indirect jobs, the company said.


"Pittsburgh Re-made" Environmental and Economic Transformation Along the Three Rivers


The Valley Prosperity Partnership (VPP) Steering Committee released an action-oriented economic development strategy May 14, identifying six focus areas for high value and sustained economic growth in the Red River Valley.


The Valley Prosperity Partnership (VPP) Steering Committee released an action-oriented economic development strategy May 14, identifying six focus areas for high value and sustained economic growth in the Red River Valley.


State officials and executives from area chemical companies and industry organizations gathered at the West Virginia Regional Technology Park in South Charleston to commemorate the launch of the nation’s first business incubator focused solely on chemical-based technologies.


Workforce, water and research are among the priorities in a plan released Wednesday by an initiative to increase cooperation among the Red River Valley’s businesses and institutions. The Valley Prosperity Partnership introduced a blueprint outlining its goals for economic development and quality of life, a document it has been developing since the group publicly launched its campaign in February 2013.


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