Local and state governments facing potential economic challenges that could slow revenue collections for the first time in over a decade are likely to search for the best tax policy that can retain and attract the industry that is their focus. 2023 will be a year when state policymakers not just focus on economic development […]
The Great Lakes states of Illinois, Indiana, Michigan, Ohio, Pennsylvania, and Wisconsin remain an economic development powerhouse particularly in the field of manufacturing. Manufacturing jobs, known as production jobs for federal government wage analysis purposes, pay on average $43,000 constituting high-wage jobs. Measuring industry concentration in an area illustrates industry strengths. This is measured by […]
While the South and Southwest regions of the United States will continue their long-term population growth, growing pains in these regions create an opportunity for the Industrial Midwest to rise once again. Rising labor rates, housing, real estate, and construction costs matched with infrastructure struggling to keep up with large population growth in the South […]
Beginning in May of 2022, the Montrose Group began the development of economic development strategic plans for three central Ohio municipalities. Now, the city of Circleville, Union Township, and Morrow County have all received their completed strategic. Tailored to the strengths and weaknesses of each specific area, the economic development strategic plans will provide these […]