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Economics/ Government Policy


The Five Overarching Trends Effecting Global Corporate Real Estate

Area Development Online Research Desk (Q2 / Spring 2013)

Corporate real estate executives are being asked to do more with less, but CRE leaders have an opportunity to drive productivity and affect corporate competitiveness like at no other time. More

Immigration Reform Would Impact Manufacturers

Lisa Buddecke, Kelsar Industries (Q2 / Spring 2013)

Comprehensive immigration reform is one of the top priorities of the Obama administration. This includes reforms that will keep highly skilled workers in the United States, as well as the creation of a new system to bring skilled workers into the country when Americans aren’t available to fill jobs. More

Forging a Winning Business-Community Partnership Through Incentives

Larry Gigerich, Managing Director , Ginovus (Q2 / Spring 2013)

Although a company should never select a location based upon incentives, financial assistance to offset project and/or operating costs is important when the final decision is made. More

Editors Note: Annual Surveys Show Consistency of the “New Normal”

Geraldine Gambale, Editor, Editor, Area Development Magazine (Q1 / Winter 2013)

Uncertainty about U.S. government policies — including healthcare and taxes — may continue to slow economic growth. These issues were cited by our survey respondents when asked what was preventing them from spending more of their earnings on investment in U.S. facilities. More

27th Annual Survey of Corporate Executives: Changing Site Selection Priorities

Area Development Magazine Special Presentation (Q1 / Winter 2013)

Although the survey results show no dramatic upswings in new facility or expansion plans, there are noted changes in site selection priorities – perhaps as a result of the lackluster economic recovery. More

Health Insurance Reform: Ramifications When Expanding or Relocating Out of State

Phillip M. Perry (Q1 / Winter 2013)

States will have the option of developing their own guidelines in a number of areas. Among the most important are details concerning the state-level health insurance marketplaces or exchanges. Decisions made at this level can make a big difference in the attractiveness of a state to new business. More

Federal and State Legislative Moves to Boost Competitiveness & Business Climate

Jason Hickey, President, Hickey & Associates, LLC (Q1 / Winter 2013)

Understanding the competitive economic climate across the United States, Congress and state legislatures continue to propose new legislation to compete in today’s economic environment. More

How Business Size Factors in the Expansion or Re-location Process

Mark Crawford (Q1 / Winter 2013)

The site selection needs of medium and small-size firms differ from those of larger firms so a singular approach to the facility location process will not fit all. More

Preparing for the Proposed New FASB Lease Accounting Standards

David Kamen, Vice President, Global Portfolio Strategy, Global Workplace Solutions, Johnson Controls and Ron Zappile, Manager, Strategic Real Estate Consulting Services, Johnson Controls (Q1 / Winter 2013)

While the new accounting standards will provide more financial transparency, they may lead to a false picture of a firm’s financial health. More

First Person: U.S. Oil & Gas Boom - The Road to Energy Independence Is Not Without Challenges

Alexander Frei, Director, Business Incentives Practice, Global Business Consulting
, Cushman & Wakefield (Q1 / Winter 2013)

The editor of Area Development magazine recently discussed the latest developments in the oil and gas industry and their economic impact with Alexander Frei, Director of the Business Incentives Practice at Cushman & Wakefield of Illinois. More

How Some Locations are Making Their Business Case for Incentives

David J. Robinson, The Montrose Group, LLC (Q1 / Winter 2013)

Incentives are only part of an area’s economic development strategy and they are a necessity for companies that are struggling to compete in challenging economic times. See how Columbus, Ohio, Alabama and New York city have all recently successfully used incentives to promote economic growth. More

2013 Real Estate Outlook Part II: New Demands, Challenges in Office Market

John Sikaitis, Senior Vice President and Director of Office Research and Local Markets Research for the Americas, Jones Lang LaSalle (Q1 / Winter 2013)

More investment is needed by the private sector in order for full office recovery to take hold. More

Economic Developers Working “Smarter” With Incentives

Beth Mattson-Teig (Q1 / Winter 2013)

The incentives package that Kentucky recently awarded Ford to retain and grow jobs at two Louisville facilities is an example of how economic development agencies are taking steps to tweak financial incentives in order to make them more effective and protect their investments. More

Barometer Shows Optimism Among U.S. Manufacturers

Area Development Online Research Desk (February 2013)

In late January, PricewaterhouseCoopers (PwC) released its Q4 2012 Manufacturing Barometer revealing U.S. industrial manufacturers’ increased optimism regarding the domestic economy with uncertainty for the world economy. More

Economic Stimulus for Both Sides of the Atlantic

James T. Berger (Directory 2013)

The proposed EU-U.S. free-trade agreement could result in increased U.S. production capacity for export and accompanying plant expansion and regional economic growth. More

From Proposal to Permit: Getting Development Projects Approved

Michael Sherry, Campaign Manager, The Calvert Street Group and Darden Copeland, Managing Partner, The Calvert Street Group (Directory 2013)

Find out how today’s most controversial commercial and industrial development projects are navigating the approval process and getting the permits to proceed. More

Historic Building Rehab: A Viable Option for Relocating or Expanding Business

Warren Kirshenbaum, Founder, The Cherrytree Group (Directory 2013)

Those wishing to rehab an historic building can take advantage of various tax credits, while also building good will in the community. More

Benefits of Natural Gas Exports Outweigh the Costs

Area Development Online Research Desk (December 2012)

A study conducted by NERA Economic Consulting in Washington, D.C., finds that exporting natural gas would benefit the U.S. economy even if it led to higher domestic prices for the fuel. More

Editors Note: Cushioning the Fall Off the “Fiscal Cliff”

Geraldine Gambale, Editor, Editor, Area Development Magazine (November 2012)

Some economists say it is necessary for the nation to “fall off” this cliff in order to stop the economic “hemorrhaging,” other economists believe the nation will slide back into recession if corporate taxes are increased and federal spending is cut. More

Economic Development in an Era of Political Uncertainty

Christopher D. Lloyd, Senior Vice President and Director, Infrastructure and Economic Development, McGuireWoods Consulting (November 2012)

The election results point to continued fiscal and tax uncertainty and no clear direction for economic development policy on federal, state, and local government levels. More
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