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
Canada-Based Celestica Plans Fort Worth, Texas, Manufacturing Operations
05/17/2026
Vylor Plans Southeast Pennsylvania Operations
05/17/2026
Candlelight Curated Plans Lockport, New York, Operations
05/17/2026
Germany-based HK USA Expands Columbus, Georgia, Operations
05/17/2026
Azuria Water Solutions Expands Batesville, Mississippi, Operations
05/17/2026
Kalmbach Feeds Expands Wyandot County, Ohio, Manufacturing Operations
05/16/2026
Nebius Plans Independence, Missouri, AI Operations
05/16/2026
Germany-Based Reinhausen Expands Humboldt, Tennessee, Production Operations
05/16/2026
Lockers Manufacturing Expands Batesville, Mississippi, Production Operations
05/12/2026
Acra Cast Foundry Expands Bay City, Michigan, Operations
05/11/2026
United Foods International Establishes Phoenix, Arizona, Manufacturing Operations
05/11/2026
Poland-Based Displate Manufacturing Plans Louisville, Kentucky, Operations
05/11/2026
Averitt Expands Bullitt County, Kentucky, Operations
05/11/2026
Denmark-Based Multicut Plans Loveland, Colorado, Production Operations
05/09/2026
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