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Area Development - Site Selection, Facility Planning and Workforce Development

36th Annual Survey of Corporate Executives Commentary: Corporate Sensitivity to Ongoing Operating Costs

The survey results underscore current corporate anxiety around rising costs, especially as more firms consider domestic investment.

Q1 2022
I find it very telling that three of the top four site selection factors from the corporate survey are cost-related (labor, energy, and transportation, respectively). This is a drastic reprioritization from the previous year which underscores current corporate anxiety around rising costs, especially as more firms consider domestic investment.

Those in the site selection and economic development industry have been looking into their proverbial crystal balls to predict when this unprecedented project activity will slow down. This reported corporate sensitivity to ongoing operating costs just might be the leading indicator we have all been looking for.

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