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Economy / Market Analysis

How Technology Is Making Data Collection for Incentives Programs Applications Easier

Kenan Gay, Manager, Multistate Tax Services, Deloitte Tax LLP (Q3 2020)

Kenan Gay, Manager, Multistate Tax Services, Deloitte Tax LLP, spoke with Area Development about technology solutions for evaluating incentives programs in site selections after his presentation at our 2019 Houston Consultants Forum. More

How are Uncertain Times Altering Company Location Strategies?

David Hickey, Managing Director, Hickey & Associates (Q3 2020)

The pandemic’s effect on workforce, supply chain, and government support will affect your company’s location decisions, increasing risks while also presenting new opportunities. More

What Does the Future Hold for FDI from Europe?

Alexandra Segers, Dipl.-Ing., PE, MS,  (Q3 2020)

The coronavirus pandemic has affected foreign direct investment from Europe, but some positive signs are seen going forward. More

COVID-19 and Site Selection in the Near and Long Term

Marc Beauchamp, President & CEO, The CAI Global Group (Q2 2020)

The global pandemic has accelerated a digital transformation of the workforce, a shift to just-in-case inventory management, redirecting of incentives, and other changes in business priorities. More

Supply Chain Growth in the U.S., Mexico and Latin America

Jeffrey Garza Walker, Senior Vice President, Cresa and Joshua Rodriguez, Vice President, Cresa (Q2 2020)

Jeffrey Garza Walker, Senior Vice President, and Joshua Rodriguez, Vice President, Cresa, spoke with Area Development about opportunities for relocation, investment and supply chain extension in Latin America after their presentation at our 2019 Houston Consultants Forum. More

Global Investment In – and Within – North America

Marc Beauchamp, President & CEO, The CAI Global Group (Q2 2020)

Marc Beauchamp, President and CEO, CAI Global Group, spoke with Area Development about recent Canadian and international investment projects in the U.S. from a site selection perspective after his presentation at our 2019 Houston Consultants Forum. More

“Future-Proofing” Corporate Location Decisions in Uncertain Times

Chris Volney, Senior Director, Labor Analytics, CBRE (Q2 2020)

Despite today’s unprecedented labor market uncertainty, predictive people analytics can still be used to understand exposure to the economic ramifications of the current crisis. More

A “Now, Next, Later” Approach for Dealing with Pandemic Challenges

Kate Crowley, Principal,  Baker Tilly Virchow Krause, LLP and Jeff Jorge, Principal, International Growth Services Practice Leader , Baker Tilly Virchow Krause, LLP (Q2 2020)

The coronavirus pandemic is driving companies to focus on near-term survival and long-term supply chain changes. More

Corporate Site Location in the COVID 19 Hurricane

David J. Robinson, Principal, The Montrose Group, LLC (Q1 2020)

Although expansion will take a back seat to dealing with COVID 19 for several months, companies that focus on key business and corporate site location matters will not just survive but also thrive. More

Mid-size Markets Competing for Business and Winning

David Hickey, Managing Director, Hickey & Associates (Q1 2020)

Workforce availability with the necessary skills and local partnerships are two trends driving investment to mid-size markets. More

Investment Follows Talent to Mid-Size Markets

Drew Repp, Content Manager, Emsi (Q1 2020)

The affordability of mid-sized communities has made them attractive to tech-savvy workers who, in turn, are drawing business investment to those locales. More

In Focus: Mitigating Risk with Aggressive Support in Economic Development

Stephanie Few, Womble Bond Dickinson (Q1 2020)

Having an economic development program in place, ready to go, will help a community get back on its feet once the devastating threat of COVID-19 is behind us. More

34th Annual Corporate Survey & the 16th Annual Consultants Survey

Geraldine Gambale, Editor, Area Development Magazine (Q1 2020)

Plans for new and expanded facilities among the smaller firms (in terms of employment numbers) responding to our Corporate Survey are not as robust as those of larger firms that employ consultants to help in location analysis and site decisions. More

In Focus: A Holistic Balance Sheet: The Key to Successful Real Estate

Tray Anderson, Industrial & Logistics Leader, Americas, Cushman & Wakefield (Q1 2020)

As the industrial landscape shifts, occupiers need to seek out opportune markets as well as evaluate the impact of labor costs in order to be successful. More

Revitalized Cities: Which Locations Have Outperformed and Why?

Matthew Mowell, Senior Economist, Oxford Economics (Q1 2020)

Many locations that saw economic contractions have been able to revitalize themselves by instituting pro-business policies, developing innovative workforces, and drawing the right industry mix — sprinkled with a little bit of luck! More

2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List

Area Development Research Desk and Lisa A. Bastian (Q4 2019)

Metro areas that are hotbeds of technology lead the pack, joined by others showing manufacturing prowess, which has a large economic ripple effect. More

FDI Surges Ahead in Canada

Marc Beauchamp, President & CEO, The CAI Global Group (Location Canada 2019)

Canada continues to be a premier investment destination and is dedicated to protecting its key industries, investing in innovation, and developing its workforce. More

In Focus: Last-Mile Distribution Drives Industrial Demand in Secondary Markets

Ben Newell, Senior Vice President, Logistics Group, Transwestern Development Company (Q3 2019)

Retailers are rethinking their supply chain management and locating closer to the end customer to meet their lightning-fast delivery expectations. More

Growing Markets Positioned for Corporate Location Success

David J. Robinson, Principal, The Montrose Group, LLC (Q2 2019)

Corporate site location projects begin with understanding which regional markets are growing and will provide a long-term pool of skilled workers and a successful economy attractive to the company and its supply chain. More

People Analytics Helps Define the Search for Skilled Labor

Wayne Gearey, Chief Data Scientist, Emsi and Amy Fobes, Vice President of Business Development, Emsi (Q2 2019)

The analysis of human capital flows across markets and regions measures how, why, and where talent and skill clusters are creating and supporting sustainable market strength. More

What Makes a Successful Innovation District?

Stephen Coulston, Principal, Perkins+Will (Q2 2019)

Prosperous innovation districts have diversified economies and are integrated into the fabric of a community, drawing workers who seek out such environments and the companies that are trying to attract them. More

33rd Annual Corporate Survey & the 15th Annual Consultants Survey

Geraldine Gambale, Editor, Area Development Magazine (Q1 2019)

Our survey Results indicate that despite an uncertain operating environment and continuing concerns about the availability of skilled labor, plans for new and expanded facilities still are on the horizon. More

Site Selection 2020: Riding the Waves of Disruption into the Next Decade

Bradley Migdal, Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc. (Q1 2019)

Following our Miami Consultants Forum, Area Development discussed the current and evolving state of the site selection industry and industrial real estate market with Brad Migdal, Senior Managing Director at Cushman & Wakefield. More

Frontline: What’s Driving Down FDI?

Dan Emerson, Staff Editor, Area Development (Q1 2019)

The fear of trade wars and protectionist policies are being blamed for the overall decline in global foreign direct investment. More

Mid-Sized Urban Markets Compare Well with Mega-Cities

David J. Robinson, Principal, The Montrose Group, LLC (Q1 2019)

With their economic vitality and lower cost of doing business compared to their mega-city counterparts, growing mid-sized urban markets are succeeding in retaining and attracting high-wage jobs. More

One Year Later: The Impact of the Tax Cuts and Jobs Act

Kyle Syers, Senior Consultant, Biggins Lacy Shapiro & Co. (Q4 2018)

We are just beginning to see the economic effect of the TCJA, passed in December 2017, but tax cuts are among many factors influencing U.S. investment decisions. More

The Key to Industrial Site Selection? Consumers and Labor

Rob Wheeler, Senior Vice President, Industrial Integrated Portfolio Services , JLL (Q4 2018)

Following our Consultants Forum, Area Development discussed the state of industrial real estate in an evolving world with Rob Wheeler, Senior Vice President, Integrated Portfolio Services, at JLL. More

Is Your New Economy Workforce Hiding Where You Least Expect It?

Chris Schwinden, Vice President, Site Selection Group (Q4 2018)

Area Development recently interviewed Chris Schwinden, Vice President, Site Selection Group, about how companies can assess a location’s true workforce potential in this exceptionally tight labor market. More

Is the Automotive Aftermarket Immune to E-Commerce?

Jeffrey Green, Managing Director, Global Occupier Services, Cushman & Wakefield and Ben Conwell, Senior Managing Director and Practice Leader, eCommerce Advisory Group , Cushman & Wakefield, Inc. (2018 Auto/Aero Site Guide)

Auto parts suppliers are responding to the growth in e-commerce with a multi-pronged strategy, from the expansion of retail locations to the addition of regional and “mega” distribution hubs. More

2018 Top States for Doing Business: Georgia Ranks #1 Fifth Year in a Row

Geraldine Gambale, Editor, Area Development Magazine and Steve Kaelble, Staff Editor, Area Development (Q3 2018)

Competitive labor environments and leading workforce development programs, low taxes and utility costs, favorable regulatory environments, and cooperative state governments are among the top-ranked states’ pro-business attributes. More

Which Locations Are Drawing FinTech Companies?

Tedd Carrison, Financial Analyst, CBRE and Kristin Sexton, Senior Managing Director, Labor Analytics, CBRE (Q3 2018)

Irrespective of their size, the strongest markets for financial technology companies have a workforce that aligns to best serve all distinctive skill set and cost requirements. More

Explaining the Emergence of Smaller and Western Metros

Joshua Wright, VP, Economic and Workforce Development, Emsi (Q2 2018)

With fast-growing populations and diverse economies, states in the West and Mountain region are showing significant economic growth, while smaller metros are benefitting from their larger urban neighbors’ spillover effect. More

Texas Today: Where Businesses Succeed

Steve Kaelble, Staff Editor, Area Development (Q2 2018)

The state of Texas continues to gain accolades for its pro-business environment, which is sustained by its skilled workforce, low taxes, favorable regulatory environment, and deal-closing funds among other attributes. More

2018 Leading Metro Locations: Pacific and Mountain Metros Dominate the List

Area Development Research Desk and Karen Thuermer, Staff Editor, Area Development (Q2 2018)

The 2018 Leading Metro Locations reflect the nation’s overall economic growth as the country enjoys the second-longest economic expansion on record, with many small and mid-size metros exhibiting economic strength. More

The Art and Science of Assessing the Labor Market

Doug Rasmussen, President & CEO, Steadfast City Economic & Community Partners (Q2 2018)

Only through a combination of data analysis (the science) and labor interviews (the art) can a company be sure of choosing a location where its workforce needs are satisfied now and in the future. More

In Focus: Steel Tariffs to Prevent U.S. Economic Growth

Stephen Gray, CEO, Gray  (Q2 2018)

The recently enacted tariffs on steel and aluminum have created an uncertain investment climate for both domestic and foreign firms, causing companies to rethink their supply chain strategies and put their expansion plans on hold. More

2018 Gold & Silver Shovel Awards Recognize States’ Efforts to Attract High-Value Investment & Large Job-Creating Projects

Geraldine Gambale, Editor, Area Development Magazine and Steve Kaelble, Staff Editor, Area Development (Q2 2018)

More than 200 projects across multiple states brought with them the promise -- in total -- of thousands of jobs and billions of dollars in investment. More

Retaking the Rust Belt

Rich Forslund, Executive Vice President, Colliers International (Q2 2018)

Across the Midwest, new life is being breathed into old industrial facilities that are becoming home to IoT incubators, office space, and other mixed-use development. More

32nd Annual Corporate Survey & the 14th Annual Consultants Survey

Geraldine Gambale, Editor, Area Development Magazine (Q1 2018)

Although the U.S. economy is strong, there may still be some hesitancy in investment decisions brought about by an uncertain legislative environment. More

Unemployment Numbers Reflect a Recovering Economy

Mark Crawford, Staff Editor, Area Development (Q4 2017)

As the U.S. economy has rebounded from the Great Recession and added jobs, unemployment has fallen to record lows in many states, creating worker shortages that need to be addressed. More

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