COVID-19 Impact: Suburbs & Mid-size Cities are in
Suburban areas and mid-size cities, followed by rural areas, will be the biggest winners of new corporate expansions and relocations, with large urban areas falling to the bottom of the list, according to a Site Selectors Guild survey on the impact of COVID-19.
Conducted the week of June 29, 2020 in partnership with Development Counsellors International (DCI), the online survey of Guild members aimed to uncover changes and new trends in corporate location strategy brought on by the COVID-19 crisis. The COVID-19 impact survey of Guild members was the second of its kind, with the first conducted in April 2020.
Download or view more details below, and read more in our press release.
Suburbs and mid-size cities will be the next winners for corporate location projects
Top mid-size cities for new location or expansion projects
61% of Guild members say companies are moving forward with site selection projects
69% say the majority of project activity will resume in 2021
Food and beverage processing emerges as hot industry, biotech and manufacturing activity hold strong
Economic developers should begin shifting focus back to business attraction
When asked about priorities for EDOs – on a scale from 1 (not a priority) to 5 (high priority) – Guild members rated business attraction at 3.6, a strong increase from the rating of 2.9 in April 2020.
Download Our Infographic
Latest News & Media
Disagreeing Better: Building Trust to Overcome NIMBYism in Economic Development
- Author: Rachel Barvi
The Site Selectors Guild Selects Lisbon, Portugal as the Host City for its 2027 European Conference
- Author: Rachel Barvi
REDI Sites Names 26 Newly Designated Sites Across 10 States as Program Passes 100 Sites
- Author: Rachel Barvi
Site Selectors Guild Announces St. Louis, Missouri to Host the 2027 Guild Fall Forum
- Author: Rachel Barvi