The Cleveland Federal Reserve Bank released a groundbreaking report on the impact of the opioid crisis on the Fourth Federal Reserve District that includes Kentucky, Ohio, Pennsylvania and West Virginia.  The findings of the Cleveland Federal Reserve Bank were troubling to say the least and provide a clear policy mandate for local, state and federal […]

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

Federal government funding to address the opioid crisis is a critical piece of a program to address this challenging issue.  The federal government has announced a five point strategy to be implemented through the Department of Health and Human Services that focuses on: Access: Better Prevention, Treatment, and Recovery Services. HHS issued over $800 million