35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
15 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...
Grace Arrigoni was unsure about her future career path when she graduated from Rice Lake High School amid the start of the pandemic in spring 2020.
Arrigoni didn’t want to attend a four-year university without a definitive major and felt a small-school environment in her own backyard could be...
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...