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Economics/ Government Policy


First Person: A Tire Giant Helps Grow Small Business

John D. Tully, President & COO, Michelin Development Company and Geraldine Gambale, Editor, Area Development Magazine (Q3 2014)

Forming positive relationships with the communities in which they are located is important for companies, large and small. These relationships foster further economic growth within the host communities. With that in mind, Area Development’s editor recently interviewed John Tully, the director of Michelin Development, formed specifically to offer support to new small and medium-size businesses. More

Zero-Sum Labor - The C-Suite's Next Wicked Problem

Mark Lautman, Lautman Economic Architecture LLC (Workforce 2014)

The impending chronic shortage of qualified workers is causing employers to rethink their business models, locations, and role in their host communities. More

Closing the Gap Between Manufacturing Employers’ Needs and Workers’ Skills

Dave Claborn , Director of Development and Community Relations, Ohio State University, Marion (Workforce 2014)

A resurgent manufacturing sector, and shifting workplace technology, has government, business, and academic leaders combining to build a modernized system of work and learning capable of equipping the workforce for 21st century careers. More

Cultivate STEM Talent to Grow Your Bottom Line

Elizabeth Narehood, Managing Director, Future Focus Foundation , Virginia's Region 2000 Business and Economic Development Alliance and Catherine Mosley (Workforce 2014)

Industrial, educational, and government leaders are joining forces to build the robust STEM talent pipeline necessary for U.S. companies to compete in the global economy. More

Editor’s Note: Which Locations Are Leading in Economic Growth and Job Creation?

Geraldine Gambale, Editor, Area Development Magazine (Q2 2014)

Although the economy was off to a slow start this year, the states and MSAs highlighted in Area Development’s Gold and Silver Shovel and 100 Leading Locations reports will be among the leaders of the predicted economic rebound for 2014. More

Leading Locations for 2014: Economic Strength and Year-Over-Year Growth MSAs

Dale D. Buss, Staff Editor,  (Q2 2014)

Nine of the top-10 cities in the Area Development 2014 “Economic Strength” ranking benefited greatly from boom times for oil and gas development and refining, or from their area’s historic and growing position at the forefront of a burgeoning area of the global economy. More

Leading Locations for 2014 Commentary: Why Should I Measure Regional Economic Performance Using Gross Metro Product (GMP)?

Alexander Miron, Economist, Moody's Analytics (Q2 2014)

Measuring economic perfor-mance can be a difficult task, and no single measure offers a complete picture. However, a comparison of gross metro product (GMP) is often the best starting point for judging regional performance. More

Leading Locations for 2014: U.S. Metros Ranked for Economic and Job Growth

Dale D. Buss, Staff Editor,  (Q2 2014)

Area Development analyzes economic and workforce data for 379 MSAs, producing a snapshot of the cities across America that are poised to capitalize on the new potential for economic growth as the United States leaves the recession behind. A diversified economic base tops the most desirable traits. More

First Person: Aerospace Industry Focuses on Technological Growth and Job Retention

Jeff Troan, Director, Lockheed Martin Corporate Treasury (Q2 2014)

Jeff Troan, of Lockheed Martin, talks to staff writer Clare Goldsberry about economic development issues facing the aerospace industry including priorities when making location decisions and the value of incentives. More

Why the C-Suite Should Focus on Incentives

Rebecca Truelove, Business Incentives Partner, Ernst & Young and Judith Garner, Senior Manager, Financial Services, Ernst & Young (Q2 2014)

As governments at all levels increase their use of incentives, companies must figure out how to best capitalize on these offerings to increase their competitive advantage. More

Transportation Equipment: A Key Economic Driver

Mark Crawford (Q2 2014)

Growth in the automotive, aerospace, and other transportation related manufacturing industries is rolling along at a steady pace. More

Location Notebook: Kentucky Keeps Its Economy On Track

Steve Stackhouse-Kaelble (Q2 2014)

As states throughout the nation struggled during the recession, Kentucky quickly acted to help its economy not only recover but also grow. More

Looking Beyond the Numbers When Assessing a Community

Dean J. Uminski, CEcD, Principal, Crowe Horwath (Q2 2014)

Those charged with the location decision should look for tangible evidence that the communities they are considering are taking an integrated approach to community development. More

Stepping Up Your Game Through Productivity Improvement

Woodruff Imberman, President, Imberman and DeForest (Q2 2014)

Only those suppliers selling parts and components to original equipment manufacturers (OEMs) who improve their overall productivity faster than their competitors will continue to prosper as the economy revives and the OEMs keep driving relentlessly to cut their costs. More

A Letter from Vinai Thummalapally, Executive Director, SelectUSA, U.S. Department of Commerce

Vinai Thummalapally, Executive Director, SelectUSA U.S. Department of Commerce (Location USA 2014)

The year 2013 was an exciting one for investment in the United States, which reclaimed the top spot in foreign direct investment (FDI) attractiveness in a survey among global business executives by AT Kearney. More

Renewed Confidence & Commitment in the World’s Largest Market

Keida Ackerman, International Investment Specialist, SelectUSA, U.S. Department of Commerce (Location USA 2014)

A favorable legal and regulatory environment, improved access to global markets, and talent-driven innovation are among the reasons the U.S. continues to attract the lion’s share of foreign direct investment. More

Energy Innovation Boosts Foreign Direct Investment

Christopher Steele, Global COO and North American President, Ivestment Consulting Associates and Richard K. Greene, Senior Associate, Investment Consulting Associates (Location USA 2014)

International investors can avail themselves of incentives to develop conventional as well as non-conventional sources of energy and other innovative technologies. More

Editor’s Note: Annual Corporate Survey Provides Glimpse of Modest Economic Growth Ahead

Geraldine Gambale, Editor, Area Development Magazine (Q1 2014)

Although the severe winter weather impacted economic growth in the first two months of 2014, the results of our annual Corporate Survey show a modest improvement in new facility and expansion plans for 2014, as well as a renewed emphasis on the need for skilled labor. More

10th Annual Survey of Site Selection Consultants: Economy on a More Continuous Growth Track

Area Development Magazine Special Presentation (Q1 2014)

Area Development asked the consultants who work with corporate clients to tell us about their clients’ facilities plans and priorities in making a location decision. Nearly half of the respondents believe the economy will achieve a more continuous growth track this year but, how will that affect their clients’ facility decisions? More

28th Annual Survey of Corporate Executives: Availability of Skilled Labor New Top Priority

Area Development Magazine Special Presentation (Q1 2014)

The results of our survey show a modest improvement in short-range new facility and expansion plans, as well as a realignment of site selection priorities with the availability of skilled labor being the number one concern, outranking highway accessibility and labor costs. More
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