36th Annual Survey of Corporate Executives Commentary: Labor Costs and Availability Go Hand in Hand
The pandemic shook up what workers want and expect from a job.
Q1 2022
The most interesting result on the combined ratings of factors, would be the top two of labor costs and availability of skilled labor. To me, those go “hand in hand.” A recent jobs report shows an increase in the numbers of workers returning to work, but payroll sums are still more than five million shy of pre-pandemic levels. The pandemic shook up what workers want and expect from a job.
Lastly, the most overlooked site selection factor would be quality of life (tied for 11th). This will continue to rise, as it not just about what to do in the region, but other factors to look at are healthcare availability and affordability, educational institutions, infrastructure, crime and corrections, and the natural environment. Quality of life may have a minimal impact early in the site selection process, but a major impact in the final short-list stage.
Recent Project Announcements
Quantum Global Technologies Expands Austin, Texas, Operations
06/26/2026
Deckorators Establishes Lackawanna, New York, Manufacturing-Distribution Operations
06/26/2026
Yancey Engineered Solutions Plans Cordele, Georgia, Manufacturing Operations
06/26/2026
Hygrade Components Expands Mount Pleasant, Tennessee, Manufacturing Operations
06/25/2026
McKesson Corporation Plans Moore, Oklahoma, Pharmaceutical Distribution Operations
06/24/2026
Keytronic Expands Corinth, Mississippi, Electronic Manufacturing Operations
06/24/2026
Muon Space Establishes San Jose, California, Satellite Manufacturing Operations
06/24/2026
Pratt Industries Expands Rockwall, Texas, Operations
06/23/2026
General Atomics Expands San Diego, California, Operations
06/23/2026
Johnson & Johnson Vision Expands Jacksonville, Florida, Operations
06/23/2026
Talalay Global Plans Reidsville, North Carolina, Operations
06/23/2026
COIM USA Expands New Boston, Texas, Production Operations
06/23/2026
Textum, OPCO Expands Gaston County, North Carolina, Operations
06/23/2026
BlackVe Inc. Expands Albuquerque, New Mexico, Operations
06/21/2026
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