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Economics/ Government Policy

31st Annual Survey of Corporate Executives: Confidence in U.S. Economy, Need for Investment in Infrastructure Reflected

Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)

The Corporate Survey respondents feel confident about the economy under President Trump, but highway accessibility and skilled labor are still their primary concerns. More

13th Annual Consultants Survey: Confidence in U.S. Economy, Concern Over Proposed Trump Policies

Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)

The responding consultants are confident that economic conditions under the Trump administration will be favorable to their clients moving ahead with new facilities plans, but also believe potential penalties for moving offshore will affect those plans. In fact, nearly two thirds believe there will be financial inducements to reshore operations. And 100 percent say finding skilled labor is the number-one priority. More

31st Annual Survey of Corporate Executives Commentary: Political Risk Comes to the United States

Dan Levine, Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc. (Q1 2017)

International site selection is already changing in response to our new era of presidential tweeting. To last year’s rankings must now be added the challenges presented by major shifts in federal policies and tactics. More

Gubernatorial Shift: New Economic Development Policies

David Hickey, Senior Director, Hickey & Associates (Q1 2017)

New governors of eight states reveal their ideas for strengthening their states’ economies and growing their business bases. More

First Person: The American CEOs One Shot at Capturing a Manufacturing Resurgence

Steven L. Blue, CEO, Miller Ingenuity (Q1 2017)

Steven L. Blue is CEO of Miller Ingenuity, an innovative company revolutionizing traditional safety solutions for railway workers, and author of American Manufacturing 2.0: What Went Wrong and How to Make It Right. In this interview he provides insights for the business community on how to be innovative and competitive. More

Navigating Uncharted Waters: 5 Trends Affecting Capital Investment Plans

Josh Bays, Principal, Site Selection Group, LLC (Q1 2017)

A new administration in Washington, escalating wages, and a dwindling supply of industrial real estate are just some of the trends that may cause companies to take a wait-and-see approach to capital investment. More

Editor’s Note: Manufacturing Execs Offer Insights on the Effect of Trump Administration’s Policies on Growth

Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)

75% of C-level manufacturing executives surveyed believe that economic conditions under the new Trump administration will be favorable to moving ahead with new facility or facility expansion plans. More

Industrial Manufacturers’ Optimism Reflected in Expectations of Higher Revenue Growth, Increased Capital Spending

Geraldine Gambale, Editor, Area Development Magazine (Q1 2017)

PwC’s Q4/2016 Manufacturing Barometer reveals increased optimism about the U.S. economy. The senior executives of U.S.-based industrial manufacturing companies surveyed expect revenues to increase, and they are also increasing their capital spending plans. More

Aerospace Industry Costs "Disrupted" by Economic Development Partnerships

Jeff Troan, Principal, Hickey & Associates, LLC (2016 Auto/Aero Site Guide )

As competition for aerospace investment and jobs heats up, economic developers are increasingly offering tax relief, infrastructure and financial support, and workforce partnerships. More

What Can Manufacturers Expect From the New Administration?

Doug Woods, President, The Association For Manufacturing Technology (Q2 2016)

Doug Woods, president of the Association for Manufacturing Technology (AMT), gives his organization’s take on the current landscape and outlook for America’s manufacturers’. More

2016 Gold & Silver Shovel Awards Recognize States That Have Garnered High-Impact Economic Development Projects

Geraldine Gambale, Editor, Area Development Magazine and Mark Crawford, Contributing Editor (Q2 2016)

The states receiving this year’s Shovel Awards are being recognized for their large numbers of high-impact economic development projects, including $1 billion+ deals with thousands of new jobs. Six states — California, Ohio, Tennessee, South Carolina, Nevada and Utah — are being awarded Gold Shovels in recognition of projects undertaken in 2015. More

Do Free-Trade Agreements Represent Fair Trade?

Mark Crawford, Contributing Editor,  (Q2 2016)

The U.S. has far fewer free-trade agreements in place than its North American neighbors, while many make arguments for and against these agreements. More

12th Annual Consultants Survey: Clients’ Robust New Facility/Expansion Plans Revealed

Geraldine Gambale, Editor, Area Development Magazine (Q1 2016)

Two thirds of the consultants believe the economy is on a continuous growth track, and nearly all are busy helping clients with new facility and expansion plans. The primary recipient of these new facilities will be the Southern states. More

Compliance: Where Incentives Are Won or Lost

Gary Marx, Managing Director, BlueCap Economic Advisors, LLC (Q3 2015)

Proper incentives compliance reporting will help a company to ensure that it receives the full value of the incentives it was offered in the application and negotiations process. More

Leading Locations for 2015: Creating a Track Record of Economic Success, Denver-Aurora-Broomfield Ranks First

Area Development Special Presentation (Q2 2015)

Area Development analyzed economic and workforce data for 373 MSAs to determine which U.S. cities are creating jobs and nurturing sustainable economic development. The results of the Leading Locations 2015 study clearly reflect the strength of the western half of the United States: eight of the top-10 MSAs are in the West — three in Colorado, two in California, two in Texas, and one in Washington State. More

The Evolution of Economic Development: 1965 - 2015

Steve Stackhouse-Kaelble (Q2 2015)

Since Area Development’s inaugural issue 50 years ago, the economic development process has changed dramatically. More

First Person: U.S. Economy Uniquely Positioned for 21st Century

Peter Zeihan, Geopolitical Analyst,  (Q2 2015)

One of Area Development’s staff editors recently interviewed Peter Zeihan, a former analyst at the geopolitical security firm Stratfor and author of The Accidental Superpower. Zeihan discusses the North American shale boom and the role of the U.S. in protecting global trade. More

29th Annual Survey of Corporate Executives: A Realignment of Location Priorities

Area Development Special Presentation (Q1 2015)

The location and expansion plans of our Corporate Survey respondents are not as robust as we had hoped, and their site selection priorities have been realigned, with facilities costs supplanting labor considerations. More

Positive Outlook for Middle Market Manufacturing Execs

Karen L. Kurek , Partner - National Industrial Products Practice Leader, McGladrey LLP (Q3 2014)

Amid growing optimism, the manufacturing sector plans to add jobs over the next 12 months. Small and mid-size manufacturing and distribution companies expect solid growth over the next 12 months — and two-thirds plan to add jobs during that period. In fact, these growing companies expect to increase their workforces by 6 percent, up from 4 percent in 2013. More

Location Notebook: Tesla’s “Gigafactory” - Reno’s Game Changer

Dennis Cuneo, Managing Partner , Fisher & Phillips (Q3 2014)

With the announcement that Tesla picked Reno for its highly publicized $5 billion “gigafactory,” the area took a giant step toward civic leaders' goal of remaking its economy and image. To win the project, the state offered a rich — and what will be a highly scrutinized — incentive package. Will the bold gamble pay off? More

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