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Economy / Market Analysis

Unemployment Numbers Reflect a Recovering Economy

Mark Crawford, Staff Editor, Area Development (Q4 2017)

As the U.S. economy has rebounded from the Great Recession and added jobs, unemployment has fallen to record lows in many states, creating worker shortages that need to be addressed. More

Tech Firms Find New Opportunity in Emerging Hotspots

Steffen Kammerer, Senior Vice President, Technology Practice Group, JLL (Q3 2017)

“Hidden gems” like Sacramento and Albany are winning more industry interest thanks to affordable, talent-rich ecosystems. More

The Select Few Metros Where Wages Are Really Growing

Joshua Wright, Director of Marketing and PR, Emsi (Q2 2017)

A recent analysis from Emsi suggests that the labor market might not be as tight as the data shows — or at least not tight enough for businesses in aggregate to significantly drive up wages. More

Leading Locations for 2017: West Coast "Tech" Cities Top List, Smaller MSA's Show Workforce Chops

Area Development Research Desk and Mark Crawford, Staff Editor, Area Development (Q2 2017)

It’s not surprising to see larger MSAs at the top of the list due to their economic diversity and advantages of scale. But, mid-size and small cities built upon clusters that are in high demand, and where a prime workforce exists, can also be economic powerhouses. More

Texas: Attracting Large and Small Companies Through Innovative Initiatives

Dan Emerson, Staff Editor, Area Development (Q2 2017)

State and local leaders are continuing to drive economic growth in Texas through pro-business policies and workforce training initiatives. More

2017 Gold & Silver Shovel Awards Recognize States Compiling Healthy Rosters of New and Expanded Facilities

Geraldine Gambale, Editor, Area Development Magazine and Steve Stackhouse-Kaelble, Staff Editor, Area Development (Q2 2017)

The work of economic development is a complicated mix of salesmanship, customer service, technical and legal expertise, communications, relationship-building, and a healthy dose of good fortune. More

Thinking Local: How to Find Manufacturing Talent

Joshua Wright, Director of Marketing and PR, Emsi (Q2 2017)

The best answer to the skills-shortage question is that it depends on where you’re located, the positions you’re looking to fill - and perhaps most importantly, the compensation you’re willing to offer. More

Corporate Tax Reform to Have Positive, Domino Effect on U.S. Industrial Economy

Scott Parker, Chief Financial Officer, Gray, Inc. (Q2 2017)

While the timing and details of a new corporate tax policy are still uncertain, it will change the business landscape for U.S. companies of all sizes for the better. More

Industry Leaders Speak on Issues Facing Small Manufacturers, and Optimism for the Future

Gray Construction (Q2 2017)

Small-to-medium-sized manufacturers are the backbone of the supply chain, making the parts and products that enable their larger counterparts to compete, grow and thrive. They constitute nearly 90 percent of manufacturing's contribution to the economy so it’s vital to understand and address the issues facing them. More

Workforce Supply and Demand in the Automotive Industry

Joshua Wright, Director of Marketing and PR, Emsi (Q1 2017)

More technology and automation means auto makers require fewer workers (with relatively low labor costs), but their workforce needs are increasingly tech-focused—a trend that’s going to accelerate with the rise of driverless cars and trucks. More

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

Editor's Note: Will Corporate Optimism Be Sustained?

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

How the new administration addresses the issues of immigration and workforce training, as well as trade agreements, offshoring, and other concerns remains to be seen, but it will ultimately affect the sustainability of corporate optimism, plans for growth, and business competitiveness. More

Record Demand Brings New Heights and Challenges to Industrial Real Estate Market

Craig Meyer, President, Logistics and Industrial Services Group for the Americas, JLL (Q1 2017)

The continued growth of e-commerce, promised infrastructure upgrades, and new and creative development are some of the trends affecting the industrial real estate market. 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

Data Center Outsourcing Trending Up

Kristina Metzger, Advisory & Transaction Services, Data Center Solutions Group, CBRE  and Jeff West, Research Director, Data Center Solutions Group, CBRE (Data Centers 2017)

Corporate data center sales volume is on the rise as enterprise moves to colocation and the cloud continue. More

Editor’s Note: About Those Manufacturing Jobs…

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

Overall U.S. labor force participation rate (LPR) has trended downward since 2010 - which could be tied in part to skill sets not matching up to today’s job opportunities - creating a low unemployment paradox. More

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