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
Industrial Timber Expands Ripley, Mississippi, Production Operations
09/23/2026
Freeberg Industrial Fabrication Plans Eloy, Arizona, Manufacturing Operations
09/23/2026
Data Machines Expands Reston, Virginia, Headquarters Operations
09/23/2026
Ross Stores Plans Bakersfield, California, Distribution Operations
09/23/2026
South Korea-Based Hansae Mobility Plans Chesterfield Township, Michigan, Manufacturing Operations
09/22/2026
Medvantx Expands Louisville, Kentucky, Distribution Operations
09/22/2026
CHS Plans Evansville, Wisconsin, Soybean Processing Operations
09/21/2026
Infiltrator Water Technologies Plans Davenport, Iowa, Operations
09/21/2026
Australia-Based Sicona Battery Technologies Plans New Orleans, Louisiana, Headquarters Operations
09/19/2026
ArtiCast Jackson Plans Madison County, Tennessee, Operations
09/19/2026
Holly Poultry Establishes Hanover, Maryland, Production Operations
09/19/2026
TurbineOne Establishes Old Town, Maine, Innovation Operations
09/18/2026
Tampa Brass & Aluminum Expands Tampa, Florida, Headquarters Operations
09/18/2026
Toyotetsu Mid America Expands Owensboro, Kentucky, Operations
09/17/2026
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