The business costs of a community impact its attractiveness for economic activity. Business Costs include the wage rates needed to be paid for workers in the relevant industry, home prices and other major expenses and transportation costs including lost time in traffic congestion. Employee wage rates for a given industry have a substantial impact on […]
The quality of a region’s infrastructure and transportation system directly impacts its chances for current and future economic success. Measures of infrastructure and transportation include a review of major highways, transit and airport systems, and level of traffic congestion that all impact the ability to do business. Ohio has a robust highway and roadway transportation […]
With the retirement of the Baby Boom generation and the invasion of the millennial generation, no issue for a region matters more than the availability of skilled workers. Comparing industry job growth and loss in Ohio to North Carolina illustrates why North Carolina is succeeding. The North Carolina economy continues to transition away from manufacturing […]
Ohio, like the nation, is transitioning from a manufacturing based economy to a service economy. The Buckeye state remains a manufacturing leader but the number of jobs in this sector have seen a dramatic decline. Trade, transportation and utilities, education and health care, government and professional service jobs all have more jobs in Ohio than […]
The Ohio economy is the size of Saudi Arabia but long-term slow population and private sector job growth threaten the state’s economic success. Join the Montrose Group and leaders from Ohio’s economic development and business community to learn about the Ohio Competitiveness Report presented by Montrose Development Advisors, LLC to learn how the Ohio economy […]
Communities and companies alike in a complex world with ever changing markets need consulting services that address complex economic development issues such as where to locate companies, how can communities position themselves to grow and how do both communities and companies gain the financing needed for economic development projects to happen. Montrose Development Advisors focused […]