A dozen communities across the nation, including Chicago, where former White House Chief of Staff Rahm Emanuel is mayor, will receive up to $1.3 billion in federal taxpayer funds after having been approved recently by the U.S. Department of Commerce.
Designated as “manufacturing communities,” the Commerce Department stated each region is part of a federal initiative to “help communities attract and expand private investment in the manufacturing sector and increase international trade and exports.”
The announcement, part of an initiative launched by the administration in December 2013, came a day before newly released economic data for the first quarter of 2014 revealed the U.S. economy shrank for the first time since 2011.
According to a report last week, manufacturing job growth primarily concentrated in the Midwest and South after the recession. The communities chosen as part of the Commerce Department’s plan are spread out across the nation.
(link below)
http://blog.heritage.org/2014/06/02/emanuels-chicago-among-cities-get-federal-manufacturing-communities-funds/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FoundryConservativePolicyNews+%28The+Foundry%3A+Conservative+Policy+News.%29
Monday, June 2, 2014
CHICAGO AMONG CITIES TO GET FEDERAL MANUFACTURING COMMUNITIES FUNDS
A dozen communities across the nation, including Chicago, where former White House Chief of Staff Rahm Emanuel is mayor, will receive up to $1.3 billion in federal taxpayer funds after having been approved recently by the U.S. Department of Commerce.
Designated as “manufacturing communities,” the Commerce Department stated each region is part of a federal initiative to “help communities attract and expand private investment in the manufacturing sector and increase international trade and exports.”
The announcement, part of an initiative launched by the administration in December 2013, came a day before newly released economic data for the first quarter of 2014 revealed the U.S. economy shrank for the first time since 2011.
According to a report last week, manufacturing job growth primarily concentrated in the Midwest and South after the recession. The communities chosen as part of the Commerce Department’s plan are spread out across the nation.
(link below)
http://blog.heritage.org/2014/06/02/emanuels-chicago-among-cities-get-federal-manufacturing-communities-funds/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FoundryConservativePolicyNews+%28The+Foundry%3A+Conservative+Policy+News.%29
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