35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
22 Mar 2022
News
The challenges faced in 2020 were unlike any other confronted in our lifetime. The global pandemic wreaked havoc on our personal and professional lives and the U.S. and global economies.
The Commerce Department reports that U.S. GDP declined 3.5 percent in 2020, with the economy falling into recession in February 2020 — a month before the World Health Organization declared Covid-19 a pandemic. The 3.5 percent decline is the worst year for the U.S. economy since at least the end of World War II, as reported by CNBC.
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Profile of the Consultants Survey Respondents
At least 80 percent of those responding to our 17th annual Consultants Survey work with manufacturers of durable goods, with some of these consultants also working with other manufacturers, and three quarters are working on distribution/logistics projects. Nearly half represent clients in data processing/computer-related...
When we last took stock of Area Development’s Top States for Doing Business, it was a bit hard to gauge what “doing business” was even supposed to look like. In 2020, the country was riding one wave of COVID-19 after another, mixing times of turmoil and concern with ripples of...
Covid-19 has resulted in wild gyrations in the supply chain with the hard-hit semiconductor industry having a major impact on U.S. auto manufacturing. From its beginning, Covid-19 resulted in auto plants closing around the country while sales of computers and other consumer products skyrocketed. When automakers resumed production, they found...
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Royse City combines hometown character with exceptional growth, offering residents and businesses a high quality of life, strong schools, vibrant neighborhoods, and easy access to the Dallas-Fort Worth Metroplex.
