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
British-Based Zotefoams Expands Walton, Kentucky, Headquarters Operations
07/13/2026
Hoffmaster Group Expands Clintonville, Wisconsin, Manufacturing Operations
07/13/2026
Weidmann Electrical Technology Expands Middletown-Urbana, Ohio, Production Operations
07/12/2026
Japan-Based Mitsubishi Chemical Advanced Materials Expands Reading, Pennsylvania, Manufacturing Operations
07/12/2026
Jabil Plans Marshall County, Mississippi, Production Operations
07/11/2026
Bio-Lab Expands Westlake, Louisiana, Manufacturing Operations
07/10/2026
Germany-Based Alzchem Group AG Plans Berkeley County, South Carolina, Production Operations
07/10/2026
Platform Aerospace Expands St. Mary’s County, Maryland, Manufacturing Operations
07/08/2026
Toyota Motor Manufacturing Texas Expands San Antonio, Texas, Assembly Operations
07/08/2026
Oobotic Plans Melbourne, Arkansas, Operations
07/07/2026
Curtiss-Wright Expands Cheswick, Pennsylvania, Manufacturing Operations
07/07/2026
Germany-Based Blackwave Plans San Antonio, Texas, Manufacturing Operations
07/06/2026
Edible Garden AG Upgrades Webster City, Iowa, Operations
07/05/2026
ADM Upgrades Decatur, Illinois, Operations
07/05/2026
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