Logistics, distribution and fulfillment centers are the new job centers for many regions across the U.S. for lower skilled workers—much as manufacturing was 100 years ago. Logistics, distribution and fulfillment centers is and has been a growing market due to globalization of the manufacturing industry and the massive expansion of e-commerce as a means of […]
Disruption of existing markets is another prime opportunity using new technology. Disruptors change an existing industry. They create jobs and often destroy jobs but they succeed if they add value to a customer experience for a price that is usually lower. Disruptors may also be small start-up companies or giant companies that still remember when […]
Measuring a region’s economic performance is the next critical step to a corporate site location analysis. Again, population growth, regional Gross Domestic Product growth, market size and other factors are critical to measuring the economic attractiveness of a market. The population size of a market is an important measure of a region’s overall attractiveness. The […]
A review of the state’s economy involves understanding the state’s industry size and make up, its income performance, unemployment rate, demographic strengths and weaknesses. As an example, Ohio has the seventh largest economy among the fifty states with a $608.1 B GDP as measured in 2015. Pennsylvania ranked 6th in GDP of states and New Jersey […]