A Tale of Demographics
Growth has been concentrated in the Southern and Western regions of the U.S., although rising costs are becoming a concern.
Q4 2019
The West in particular has benefitted from positive demographic trends, but what sets it most apart from the rest of the country is its core dynamic industry mix and exceptional workforce. Seven of the top 10 large metros and five of the top 10 mid-size metros are located in the West. Dynamic industry growth coupled with the high-quality of life west of the Rocky Mountains continues to outmatch rising costs.
However, within the region, rising costs are becoming more of a concern. This is evident when looking at the overall ranking of leading metros, with Reno, Nev., taking the top spot. Metro areas like Reno, Ogden, Boulder, and Colorado Springs are becoming increasingly attractive, lower-cost alternatives to the usual Western powerhouse metros like San Jose and San Francisco. Five years from now, this list is likely to be peppered further with Mountain-West metro areas benefitting from lower costs, while maintaining strong workforces and a relatively high quality of life.
Recent Project Announcements
SIP Manufacturing Plans Southaven, Mississippi, Operations
07/27/2026
Fortified Solar Expands Greenville County, South Carolina, Manufacturing Operations
07/27/2026
Canada-Based Swamp Rider Plans High Point, North Carolina, Production Operations
07/27/2026
Hepburn and Sons Plans Prince William County, Virginia, Headquarters Operations
07/27/2026
Relativity Space Expands Cape Canaveral, Florida, Production Operations
07/27/2026
Park Aerospace Plans Tulsa, Oklahoma, Production Facility
07/24/2026
Electra Plans Springfield, Ohio, Production Operations
07/24/2026
Taiwan-Based E Ink Expands Billerica, Massachusetts, Headquarters Operations
07/24/2026
Beehive Industries Expands Ohio Production Operations
07/24/2026
Redwire Expands Huntsville, Alabama, Production Operations
07/24/2026
Quality Companies Plans-Expands Louisiana Operations
07/20/2026
American Eagle Outfitters Plans Salisbury, North Carolina, Distribution Operations
07/20/2026
Australia-Based Detpak USA Plans Spartanburg, South Carolina, Production Operations
07/20/2026
SteelFab Expands Florence County, South Carolina, Operations
07/20/2026
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