COVID-19 Impact: 5 Predictions for 2021

Research

COVID-19 Impact: 5 Predictions for 2021

January 13, 2021

Renewed site selection activity, cautious optimism on foreign direct investment (FDI), continued skilled labor shortages and a shakeup of the global supply chain are ahead in 2021, according to a Site Selectors Guild survey on the impact of COVID-19.

Conducted the week of December 7, 2020, the online survey of Guild members aimed to shed light on shifts and challenges in corporate location strategy moving into 2021. The COVID-19 impact survey of Guild members was the third of its kind, following surveys in April and June 2020.

Site Selectors' Top 5 Predictions for 2021

Renewed Activity In Site Selection

Consultants predicting companies will move forward with projects

Hybrid Is The New Normal

95% of consultants report a transition to all virtual or hybrid selection process

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Cautious Optimism On FDI

Workforce Challenges, Yet New Opportunities

Supply chain shakeup will continue

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