24th Annual Corporate Survey Analysis by Jay Garner, CEcD
Dec/Jan 10
Multinational companies that invest in the United States know that they need to find locations that - on par - can compete with foreign locations in both productivity and costs. Those communities that embrace this knowledge and have committed public policymakers who are working to achieve the goal of quality public services at low cost know they will have a competitive advantage in the global marketplace.
Quality-of-life factors continue to point to another longstanding trend that both corporate investors and residents of a community want to insure as a given - public safety. The respondents want to see a low crime rate and have quality healthcare facilities. Housing costs switched this year with housing availability in the top-four rankings. We believe that with deflated real estate prices in nearly all regions of the country, company officials recognize that, in today's environment, affordable housing for executive level management is more reasonably priced than in recent history. The ratings of public schools factor is still in the middle of the pack for what we believe are two reasons: Many of the middle and higher management personnel place their children in private schools and don't often consider public schools as an option; in addition, many of our corporate clients have expressed that public schools are inherently broken at many locations around the country so if they find a location that has an excellent public schools rating, then that may be an unexpected plus in favor of that community.
I for one would be surprised if the 2010 rankings change with respect to the importance of costs and the desire of companies to locate in reduced-cost locations.
Project Announcements
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Google Plans Cedar Rapids, Iowa, Data Center
03/25/2024
Canada-Based Premier Tech Establishes Williamsport, Pennsylvania, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024