Economic Development - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

On May 1, 1931, President Herbert Hoover pressed a button in Washington, D.C. and the lights went on in the Empire State Building for the first time. For a nation mired in the depths of a Great Depression, the world’s tallest building was much more than an engineering marvel. It was a 1,472-foot-high beacon of […]


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On May 1, 1931, President Herbert Hoover pressed a button in Washington, D.C. and the lights went on in the Empire State Building for the first time. For a nation mired in the depths of a Great Depression, the world’s tallest building was much more than an engineering marvel. It was a 1,472-foot-high beacon of […]

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Economic Development

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.

Happy Birthday, Spike

On May 1, 1931, President Herbert Hoover pressed a button in Washington, D.C. and the lights went on in the Empire State...

Recession What?

These days it's hard to stay up on the news without being subjected to talk of recession this and recession that. Now,...

A river runs through it

The devastation caused by Hurricane Katrina in 2005 started a national conversation about levees. Suddenly, a lot of people who couldn't tell the difference...

The Hopeful Hopi Tribe

Today, an article out of Arizona caught my attention for a couple of reasons. First, I don't often come across economic development news stories...

A breath of fresh air from coal country

Earth Day has everyone thinking "green" this week, so we thought this would be the perfect time to talk about a coal...

U.S. Bumper to Bumper Blues

With the familiar dread of my 5pm drive home on the New Jersey Garden State Parkway hovering, I have decided to ...

Brother, can you spare a tank of Exxon Supreme?

Do you have a tough time deciding whether to order that side of fries with lunch or put those nickels aside in case gas...

Will Minnesota’s JOBZ be AXED . . . for good?

It was about this time last year that I blogged about Minnesota's economic development golden child—JOBZ—which was on the legislative chopping block last year--largely...

Beijing drivers carry a torch for Detroit

The biggest status symbol in China isn't a Mercedes, it's a roomy, six-passenger Buick. That's right, General Motors' venerable sedan is the most sought-after vehicle...

Maybe they should put a high-tech door in that big border fence

With the U.S. economy on life support -- in the form of regular transfusions of cash from the FED -- and jobs disappearing in...

American Jobs on a Death March?!

The word recession has been emblazoned in the psyche of most Americans over the past few months. The term has become ubiquitous (although most...

Airlines Nosediving One by One

For years now—probably since after the 9/11 attacks, understandably—I've noticed the media paying a lot of attention to the troubles of the airline industry....

Chicken Industry Served a Big “Cluck You”

Apparently the emerging ethanol industry is wreaking havoc on the chicken industry. So, you might ask: what does an alternative energy fuel source have...

EADS Finally Wins U.S. Contract: Let the Fallout Begin!

A couple days ago, the Pentagon announced that EADS won a $36 billion ($100 billion growth potential) contract to build U.S. Air Force refueling...

Now, Only the Brownfields Remain

Saw this article in The New York Times today; it's about how New Jersey's brownfield redevelopment incentives didn't do much during the 1990s, but...

The Future of Turbines

Everyone knows about wind turbines and how they are increasingly popping up around the world as another enviro-friendly way to create energy. But did...

Half-price Stars and Stripes?

A recent article entitled "America for Sale" caught my attention this morning. Why? Just a few days ago, I was writing an article about Virginia's...

Is Pakistan the new India?

Pakistan is perceived as a better place for doing business in South East Asia than India in many respects. In fact, Pakistan ranked 76 among 178 economies worldwide, while India held the 120th spot.

One Cut Cable = $Millions Lost

Lest we be forget that the Internet is based on wires and antennas, consider this news item (Reuters via NYTimes): A breakdown in an international...

Porn and Pumpkins

When governments are strapped for cash and hesitant to raise income taxes, lawmakers often invent some wacky taxes on random goods, according to a...

The Recession-Proof State

Our previous blog post highlighted recession-proof jobs and employment sectors, so I thought a recent news story about a "recession-proof" state would be pertinent...

Is YOUR job safe!?

With the word recession at the tip of every one's tongues these days, I figured it would be apropos to spotlight an article I...

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

Connecticut Governor’s Report: Leading From The Front

Connecticut succeeded in mitigating the impact of the coronavirus pandemic by aggressively testing people in the early stage of the outbreak, avoiding the massive casualty levels in neighboring states.

Featured Location Spotlight

Location Spotlight: Santee Cooper – CAMP HALL

Camp Hall is a first-of-its-kind, master-planned industrial work space located in a business epicenter of the South and at the heart of modern Southern culture — Charleston, S.C.

Featured Location Videos

[VIDEO] Mexia is a great place to live (and do business in!), no matter how you pronounce...

Located in the Heart of the Texas Triangle, Mexia’s centrally located community at the intersection of HWY 84 & 14 provides great access to I-35 & I-45. Our lower cost of living, rich history, shovel-ready industrial park sites, regionally based workforce, and abundance of retail are just a few reasons why Mexia should be on your radar!