Automation of nearly all industries has been impacting companies and communities for decades by making companies more productive with fewer workers making higher wages. COVID 19 will likely expedite this economic trend as a robot cannot contract a human virus. Current economic projections see overall job growth in professional services, educational services, and health care […]
Rural communities’ cost of doing business are substantially lower than their urban counterparts. The largest cost for nearly every company is labor. Paying workers, unless it is a data center or some other energy intensive, capital intensive business, will be the largest cost facing any company. Regions with competitive wage rates are highly attractive for […]
Rural communities present substantial economic opportunities. Manufacturers in the United States account for 11.39% of the total output in the economy, employing 8.51% of the workforce.[i] Total output from manufacturing was $2,334.60 billion in 2018.[ii] In addition, there were an average of 12.8 million manufacturing employees in the United States in 2018, with an average […]
The high profile move of Elon Musk, successful serial entrepreneur, from California to Texas due to the tax burden of the Golden State illustrates the danger high-tax states face. California which was a post-World War II success story riding the success of mega cities like Los Angeles and San Francisco and as the home of […]