Back to “normal” for the Industrial Market? Without a doubt the past several years have been record-breakers for industrial development. Hang on… Q2 2023 Industrial: “Reverting to the Norm” August 10, 2023  |  Amy Wolff Sorter  |  connectcre.com The industrial sector has been … Read more

We have discussed the multiplier effect before.  The multiplier effect is an economic term, which measures the impact that a change in economic activity—like investment or spending—will have on the total economic output of something. A recent study shares the impact that BlueOval … Read more

The huge mega-sites for electric vehicle assembly and electric vehicle battery cells have garnered much attention over the past year. Now we are starting to learn of the “second wave” of EV investment, which typically requires smaller sites. Shovel-ready sites will be top … Read more

Following, in part, is a report from Thomas Insights that includes the top states benefiting from reshoring in 2022. For each of the top 5, the number of jobs added as a result of reshoring, along with what industries are moving to that … Read more

Latest Jobs and Productivity Report Last Friday, the Labor Department released the monthly jobs report. The economy added 187,000 jobs in July. The report also showed that most people who want to work can find jobs, keeping upward pressure on wages. Average hourly … Read more

A few weeks back we shared information about the “Investment Boom” and how economic development teams are working to capitalize on new manufacturing projects. Today’s post details why construction of manufacturing facilities is skyrocketing. America’s Factory Building Boom Construction spending on factories is … Read more

Population migration to the Southern and Southeastern United States has been occurring for many years but the acceleration of that movement over that past two years is unprecedented. Following are excerpts from a story from Bloomberg.com. Click the link at the bottom for … Read more

Finding workers is not going to get any easier as the median age in the U.S. continues to rise. Click on the link at the bottom to see a map that includes each state’s median age. The Median Age in the U.S. Reaches … Read more

Private manufacturing construction has hit a record milestone. Shovel-ready land and build-out ready buildings play crucial roles in landing new projects. Investment Boom Turns Up The Heat For Economic Development Teams Geert De Lombaerde  |  IndustryWeek.com  |  June 22, 2023 Having prepared real … Read more