Moving the Needle Forward on Broadband & Economic Development

August and September, in partnership with the International Economic Development Council (IEDC), I conducted a national survey of IEDC members and others affiliated with IEDC. The primary goal was to get a snapshot of how broadband impacts local economic outcomes. A secondary goal was to gather some insights to leveraging broadband as an economic development asset.

This is the only survey that goes directly to the people who work in the trenches daily impacting local economic outcomes. Here is where I separate some of the hype surrounding broadband’s power to transform local economies with some reality checks. Some of the findings from this year’s survey include:

  • only 11% of economic developers believe broadband’s biggest economic benefit to individuals is helping them find jobs;
  • 18% of respondents have insufficient speeds to produce economic outcomes listed and have given up hope for a solution; Continue reading
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