Loading...
Greater Dubuque Development Corporation Quarterly UpdateCopyrighted October 21, 2024 City of Dubuque WORK SESSION # City Council ITEM TITLE: 6:00 PM - Greater Dubuque Development Corporation Quarterly Update SUMMARY: President and CEO Rick Dickinson will present a quarterly update on Greater Dubuque Development Corporation. SUGGUESTED DISPOSITION: ATTACHMENTS: 1. Presentation Page 27 of 1713 Greater Dubuque DEVELOPMENT CORP. City of Dubuque Work Session October 21, 2024 at 6:00 p.m. ater uque DEVELOPMENT CORP. Page 29 of 1713 DULY NFOACT1ON DASHBOARD SEPT What Dubuque M SA CEOs, business owners, and top managers have told us 2024 Government Relations Index Scale oflto7•lisLow, 7isHigh Q3 2024 CITYGOVERNMENT Company Visits (FASEOFDOING BUSINESS) July through September, 2024 COUNTYGOVERN14NT (FASEOFDOXG BUSINESS) TOTAL STATEGOVERNMENT (OSEOFDOWC BUSINESS) 66V I T S FEDERALGOVERNMENT 0ASEOFDOING RUSINESSI 1 2 3 4 5 6 7 Public Services Index Scale oflfo7:fisLow, 7isHigh Q3 2024 FIRE AMBULANCE POLICE COLLEGES 6 UNIVERSITIES SCHOOLS(K-12) COMMUNITY COLLEGE TRUCKING HEALTH CARE E LDE R CARE HIGHWAYS REGULATORY COMMUNITY PLANNING ZONING/BUILDING STREETS CHILD CARE TRAFFIC CONTROL/FLOW AIR CARGO PROPERTYTAXES PU BLI C TRAN SP ORTATI ON HOUSING (AMOUNT/AFFORDA ShMO AIR PASSENGER SERVICE f Q3 2023 6.47 6.24 6.21 6.10 6.12 6.00 5.75 5.53 N/A 5.24 4.66 5.12 4.60 4.97 4.19 5.06 3.71 4.41 4.29 2.90 2.45 A= Up from Q3 2023 V=Down from Q3 2023 04 BUSINESS Greater Dubuque SERVICES 1. Quality of Life / Amenities 2. Market Size / Location / Customer Loyalty 3. Community Leadership/ Partnerships 1. Population / Market Size / Capacity 2. Workforce / Labor Pool 3. Air Service 1. Workforce / Labor Pool 2. Population / Market Size / Capacity 3. Air Service Page 30 of 1713 C� 0 Company Visits 25 o July through September, 2024 Reported Yes 4 TOTAL VISITS1[75% Reported No 892 100% TOTAL of Area Businesses reporting Remote/ EMPLOYEES Hybrid Workforce is in Greater Dubuque market at Stable Area Businesses Reporting 5.75 5.50 5.50 5.50 5.00 Area Businesses Identified the Following as their Top Workforce Priorities overthe Next 12 Months with Percentage of Reporting 100% O 0% Companies Citing: Reported.711. Employment Culture, 100% Yes 2. Employee Engagement, 100% Top 3 Most Significant Personal Barriers 100GJ for Potential or Current Workforce with /p Percentage of Reporting Companies Citing of Area Businesses reporting Expect Hiring of Interns to Remain Stable of Area Businesses reporting have recruitment challenges 50 C with specific position or skills 25% Reported 75o/O No Reported 100O/ of Area Businesses reporting Yes note a Decrease in Turnover Rates How do you rate the Ease of Doing Business with City, County, State and Federal Government on a scale from 1 to 7? From 50 interviews with Dubuque businesses from July 1 through September 30, 2024: • City of Dubuque - 4.75 • Dubuque County - 5.20 • State of Iowa - 4.87 • Federal Government - 3.73 Page 32 of 1713 '41A Jobs $%^ Promote career opportunities and upgrade resources to grow our regional workforce. August 2024. 61,000 (-200) — Month Change r1,300 gear Change 15K Population Facilitate meaningful careers and vibrant communities. September 2024: 98,887 Median Household Income Increase high -quality and high -paying careers to raise the median household income. December 2023: $737495 5 0 n Reduction in Poverty Reduce the number of households below the Dubuque County Supplemental Poverty Measurement by five percent. UeceMDer 2023: 10.0% Construction Investment Encourage and facilitate new construction. September 2024: $600,182,361 Page 33 of 1713 Pushing Through. access dubuque Greater M E D I A jobs.com A Dubuque can be great here. Nonfarm Employment by Metropolitan Statistical Area (MSA)* MSA Ranked by % Job Growth August 2024 Nonfarm Employment August 2023 Nonfarm Employment Change from Year Ago, # of jobs Change from Year Ago, % of Growth Dubuque 61,000 59,700 1,300 +2.2% Ames 52,900 52,000 900 +1.7% Sioux City 90,300 88,800 1,500 +1.7% Cedar Rapids 142,000 140,100 1,900 +1.4% Iowa City 103,600 102,400 1,200 +1.2% Waterloo 89,200 88,200 1,000 +1.1 % Des Moines-W Des Moines 397,500 396,800 700 +0.2% Pottawattamie County 39,800 40,100 -300 -0.7% Scott County 90,400 91,600 -1,200 -1.3% *Source: Iowa Workforce Development, Released September24, 2024 Key Highlights: . Total Nonfarm Employment: 61,000, up 1,300 from August 2023. . Ranked 1st in annual job growth rate among Iowa's nine major metros. . Employment remains 800 jobs above the pre -pandemic high of August 2019. . Unemployment dropped to 3.3%, with 300 fewer individuals reporting as unemployed compared to last month. YOU can be great here. Greater .Dubuque Page 34 of 1713 DUBUQUE MSA LABOR FORCE I GOAL: 64,000 JAN FEB MAR APR MAY DUNE J U L Y CURRENT:61,000 AUG SEPT OCT NOV DEC s 2019—Pre Covid—2020—Covid t2021—Benchmark 2022—Year 1 -*-- 2023—Year 2 x 2024—Year 3 x 2025—Year4 2026—Year 5 YOU can be great here. Greater 1 Dubuque Page 35 of 1713 Attention PSSI Impacted Workers John Deere Layoffs Duluth Trading Closure PSSI Relocation RM ccessdubuquejobs. com HIRING In Partnership with Iowa WORKS FAIR Open to Any and All Job Seekers! r ❑� Y D061sard Connect with up to 50 of the region's top employers QR- participotiN emp"rsonline of HIRING NOW for entry-level and professional careers Acc—Dubuquefob-om/ca eer-falrs in Manufacturing, Financial and Insurance Services, Questla,s? Warehouse Logistics, Administrative, ITand more! Call 563-557-9049 Email gddc a@greaterdubuque.org Greater HMEDIA ""°""°'°°""'° YOU can be great here. Dubuque a.w��. c��mmm°'a ce°�odaee°rvo,drw m.amwc"°"° 'rALL 1\' Wednesday, October 2 1.00 4.00 SCAN FOR p.m. • • • • MORE DETAILS Grand River Center 500 Bell St., Dubuque Questions? Contact: Greater Dubuque D-.Iapment 1563-557-9Da91 gddc@greaterdubuque—g � can be great here. � YOU can be great here. Greater 1 W a Dubuque (099 Page 36 of 1713 Greater Dubuque Development's Worker Adjustment and Retraining Notification (WARN) engagement in 2024: • Yelloh/Schwans (Dyersville, IA) — ongoing • PSSI (Kieler, WI) — ongoing • Duluth Trading Company (Dubuque, IA) — ongoing • John Deere (Dubuque, IA) — ongoing • John Deere (Waterloo, IA) — ongoing • John Deere (Davenport, IA) — ongoing • John Deere ISG (Des Moines, IA) • iSolved (Dubuque, IA) — ongoing • Concordia University (Mequon, WI) • Conagra (Beaver Dam, WI) • Tyson Foods (Perry, IA) • Grand River Medical Group (Dubuque, IA) • Saputo (Lancaster, WI) • HSHS Hospitals & Prevea Clinics (Eau Claire, WI area) • Energizer (Fennimore, WI) Greater YOU can be great here. - • ,Dubuque Page 37 of 1713 Derby Grange College Night Wednesday, September 18, 202 GrangeI0 Rd DDiObuque g'ertbach's Derby Grange Golf & Recreation Center 113079 DerbyPO tition some friendly com Kick off the evening Will walking tacos by Hy-Vee or the baby tting cages! followed cn the 18-hde mini -golf course, the driving range, College Hockey Night Friday, November 8, 2024 5:00 p.m. Pina a Pop 16:00 pm. Doors Open 17:05 p.m. Puck Drop & Game Time ImOnArena I18MAdmx'alSheehy Dr, Dubuque and s,cidize Wth fellow students before the puck Experience a Fighting Sants -`9 ficketstothe game, refreshments, and pizza. drop- Evening includes comp! imentary AccessDubuqueJobs.com Spring Career Fair Wednesday, March 26, 202511:OQ - 4:00 p-m. Grand River Center 1500 gel St, Dubuque o ortunity to The AccessDubuqueJobs-com Spring career Fa r offe-on s another o e p place yourself and your talents on the radar of the reg on's top empl y YOU can be great here Community of Colleges Series Completed: • Derby Grange College Night on September 18, 2024 160 students participated • AccessDubuqueJobs.com Fall Career Fair on October 2, 2024 50 employers participateo a,iu over 220 job seekers incluoi,iy n0 6wuwii� Upcoming- • November 8, 2024-College Hockey Night • February 5, 2025-Island Social College Night • March 26, 2024-AccessDubuqueJobs.com Spring Career Fair Welcome Students Letter 16 1,2 r r setters sent to rar i lilies of college students • 4,350 successfully delivered emails Page 38 of 1713 College Career Fairs & Community Events . University of Northern Iowa's UNI Career Fair in Cedar Falls, IA University of Platteville Fall Career Fair in Platteville, WI • Telegraph Herald Career Fair in Dubuque, IA Qanraster • QC EXPO and Graduate School Fair in East Moline, IL =19 =feepOrt • University of Iowa All Majors Career Fair in Iowa City, IA M.tagi.a4. r.:.y • Community Picnic & Job Fair in Dubuque's Bee Branch Creek QCeo edarRapids Nor.h Srorllna Greenway 0 .owa City p :ast Moline Latinx Fiesta in downtown Dubuque Upcoming Peoria • Southwest Tech Career Fair in Lancaster, WI • Highland Community College Career Fair in Freeport, IL g Y g Page 39 of 1713 Relocation Guide quick scats .-•-,<� �� - . tl seen ttrrwm.n ���•;,��(rjry,, O 0 Baen twAnw.. co,m» �t 1� .. -✓':. • tl F �_ � oewpre r�M a°ndM n As33. O aracuwe ceuAxr. •� ' , egos.3m3> am ne M. nop 100 P-.roiF. - - _ - bracom�5b^cF (C«BBrA.uMc, xOxa), a vl le due+ol CFNz /J4 el — �{y.• �ndecuQom,xmx.xa3nkl �v rWMB1. I_ V _ Ngbz Can0u9^1 °atwG zf urwn - WHO mI00 Fraeddand«cm Mr - Con of Irving ie B.ex lower zeonrhe norbml � � menage. . .__ _ n __ erepMYrm wre mr ellewa'z logo I«gM vnez. YOUR LIFE can ��prw° °m�oeMM �Aaµmus eVua wm mdrFelNeuyl. be great here. Md °°��~wl•Bn•„��• .w«d�romr�.ananiam WMque Courrty �zundwyvrg a munmiA�an- Wdlvewom«, Combining a vibrant culture with a thriving economy and stunning - n»a.a.r orn°w.r.yar, •. �.m.alr ««.`� yn AB»ra rrwn°rnw.«m naturalbeouty, the Greater Dubuque region offers the energy � en« erne«-Iaae wo.rna« ro Ovvenpen, Ox Mernea, AradM1on, and and amenities of a big city with the seventy of o small town, nAx^•°Bel*. y4 i t can = = Greater ue Dubu qhere*tr c�� RQ�Oc lGle le °1i' 7rair youconb�ynalMn,cam International Economic .,,,,,LLO.ap.M,C,Jo,.,Q,,3 evelo ment Council (IEDC • 2024 Excellence in tconomic Development Award for Public -Private Partnerships (August 30, 2024) Phase 2 Funding Application - August 27, 2024 - Governor Kim Reynolds Tour of Bright Minds Ll Page 41 of 1713 Community of Choice Rating importance of all 35 factors provide when choosing where you live / work in the future versus how Greater Dubuque ranks on same factors* Access to quality healthcare Affordable home ownership Great schools and education Low crime rate Variety of restaurants Affordable, quality rental housing Natural features Farmer's markets Shopping/commercial districts Pet -friendly community 3.01 3.30 3.30 3.19 3.23 3.00 3.52 3.75 3.03 3.41 I 1) Page 42 of 1713 �11P_StIC YOU can be great here. Greater Dubuque Page 43 of 1713 Thank You Greater Dubuque DEVELOPMENT CORP. access dubuque jobs.com 'Avioiv«ilil,o'=7i1if=7iiii%it=