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President Biden is set to unveil federal grants in Wisconsin to remove or retrofit highways that separate minority neighborhoods in many cities from jobs, hospitals and other services.
Surging demand for Nvidia's AI chips could spur job growth across the US semiconductor industry.
A surge of factory building fueled by Biden administration investments in "strategic sectors" such as clean energy and semiconductors has so far flowed disproportionately to U.S. counties with relatively distressed economies and notably has not tracked "Democratic geography." Since 2021, a group of counties with relatively low employment rates for prime-age workers and low median household incomes - while accounting for only about 8% of national GDP - snared 16% of the $525 billion in announced investments, according to a data analysis by the Brookings Institution and the ...
A surge of factory building fueled by Biden administration investments in "strategic sectors" such as clean energy and semiconductors has so far flowed disproportionately to U.S. counties with relatively distressed economies and notably has not tracked "Democratic geography." Since 2021, a group of counties with relatively low employment rates for prime-age workers and low median household incomes - while accounting for only about 8% of national GDP - snared 16% of the $525 billion in announced investments, according to a data analysis by the Brookings Institution and the ...
A surge of factory building fueled by Biden administration investments in strategic sectors such as clean energy and semiconductors has so far flowed disproportionately to U.S. counties with... -February 13, 2024 at 02:04 pm EST - MarketScreener