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

Spray Products Corporation Expands Medina, Ohio, Operations
11/08/2026
BWXT Expands Jonesborough, Tennessee, Manufacturing Operations
11/08/2026
Germany-Based VITREUS USA Plans Newberry County, South Carolina, Production Operations
11/08/2026
ABB Relocates-Expands Selmer, Tennessee, Manufacturing Operations
11/08/2026
Astemo Expands Muncie, Indiana, Manufacturing Operations
11/08/2026
Grow Therapy Expands New York City Operations
11/05/2026
Robinson Carbon Plans Alenandria, Louisiana, Biochar Operations
11/05/2026
ClearFlow Metalworks Plans Logan County, Kentucky, Aluminum Manufacturing Operations
11/03/2026
Forgent Power Solutions Plans Columbus, Ohio, Operations
11/03/2026
Lockheed Martin Expands Camden, Arkansas, Production Operations
11/03/2026
Sartori Company Expands Plymouth, Wisconsin, Production Operations
11/02/2026
Tronix3D Expands Pittsburgh, Pennsylvania, Manufacturing Operations
11/02/2026
South Korea-Based Hwasung Group Plans Florence, South Carolina, Manufacturing Operations
11/02/2026
Japan-Based Nissin International Transport Plans Franklin County, Kentucky, Distribution Operations
11/01/2026
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