It may not be felt in N.J. It may not be felt in Colorado Springs, and it May not be felt in Gilbert Arizona. But several Areas seem to have found the answer.
1.Boise-Nampa-Meridian Idaho.
This area has surged in the last few years Growth is fueled by the presence of Boise State University , Micron Technology, J R Simplot, Boise Cascade, and Albertsons. It has become a tech boomtown with a thriving cultural scene.
2.Provo-Orem Utah
Home to Brigham Young University Provo has a generous business climate, the Sundance Movie Festival in nearby Park City and is one of the nations top cities to start a career.
3.Denver-Aurora-Boulder Colorado. Anchored by several scientific Institutes and the University of Colorado, Denver is the third largest city in the Mountain West. The economy is fueled by financial services, aerospace, and micro brewing. The area is home to MolsonCoors Brewing Company, Gates Automotive, Johns Manville, Chipotle's, Qdoba's, and Quisno's. Dish TV, Direct TV, and Qwest Communications have a large presence because the area is one of the few in the US where a "one bounce" real time satellite signal can be transmitted to six continents in less then day.
4.San Antonio- New Braunfels Texas. The fastest growing city in the United States. The booming economy is fueled by Cyber security, call centers, and cloud computing companies. It also has a large Military base workforce. Home of Fort Sam Houston, Lackland AFB and Randolph AFB. Oil producer/refiner/ and retailer Valero also calls San Antonio home. San Antonio has a thriving cultural scene anchored by the Riverwalk area.
5.Sioux Falls-Sioux City S.D. What used to be a agri- business based economy has been converted to a banking and tech economy. No city or corporate income taxes. 3.2% unemployment rate. Home to Citigroup, Wells Fargo Financial, Sanford Healthcare System and John Morrell Packing Company.
6.Nashville-Davidson-Murfreesboro-Columbia Tennessee gained more jobs then any other area of the US since 2010. uses generous incentives to spur growth in Health care, Education and Entertainment. Home to Vanderbilt University and Medical Center, Belmont University, Hospital Corporation of America, Nissan North America, Cracker Barrel Old Country Store, Gaylord Entertainment. Has a thriving music scene, CMT, RFD TV and GAC cable stations all operate out of Nashville. Mecca for country music lovers and home to the Christian pop rock culture, EMI Christian, Provident and Word, all Christian labels all operate out of Nashville.
7.Greenville-Spartanburg- Anderson S.C. 5 % unemployment. Used taxpayer funded incentives to bring BMW North American and Michelin to the area. The International Center for Automotive Research is here and GE Wind Turbine. The area is home to Clemson University, Furman University and S.C Upstate.
8.Raleigh-Durham-Chapel Hill-Cary North Carolina. Yep my home area. Maybe why I don't see things the way some of you do. Three major Universities, Duke, UNC Chapel Hill, and NC State. Lesser colleges, N.C. Central , Shaw University, St. Augustine's, William Peace University, Meredith College, S E Theological Seminary. Heart of the Research Triangle Region, Biotechnology Center, Healthcare, Silicon Valley of the east. Home to Red Hat, SAS, IBM North America, Quintiles, 1st Citizens Bank, BASF, GlaxoSmithKline North America, Blue Cross/Blue Shield NC, Grifols America, and Burt's Bees Cosmetics and Skincare, Cree Lighting Corporation. Called the City of the Oaks for it's abundance of Oak Tree lined streets and numerous parks and Greenways. More PHD's per capita then any other city in America. Just signed on to be the next town with Google Fiber.
9.Portland-Lewiston-South Portland Maine contains 1/3 of the state's total population. Only ranked area without a major educational Institute. Home to Immucell, Magellan Petroleum Unum. Lowest overall tax burden for new investment, growing Financial, healthcare and insurance industries. Hip Foodie driven downtown.
Scattered coast to coast these areas have some things in common. Government has made wise investments to stimulate the economies of these areas. Investments have been made in infrastructure, culture, education and the people. They all abound with parks, and abundant cultural and educational opportunities.
More then lower taxes, (Only two of these areas can boast that), what brings business is investment in the community. More then incentives, companies want a nice place for their employees to live. More then Tax breaks companies want a optimistic community that invests in education and developing the workforce.
And the sad but true fact my Republican Friends except for Sioux Falls S D and Greenville S C they are blue areas in some very red states. Yes, except the two afore mentioned they are all run by Democratic Mayors with a majority democratic council. These are the planners my friends. These are the people who call the shots and make all your towns what they are or are not. They make the decisions to tax or not they make the decisions on land use, transportation, roads, cable companies, utilities, schools and other infrastructure investments.
What makes companies pick up and move to a different region?
Stimulus does matter.
Ah! The Truth hurts doesn't it?
ReplyDeleteAll red states except blue Maine and purple NC. What does this tell us Sherlock?
DeleteBy the way rick I'm enjoying the warmer weather today in Southern Pines. Drove through your area yesterday afternoon.
DeleteJohn's Manville, due to asbestosis litigation declared bankruptcy 1982, renamed Manville, 1997 renamed itself Johns Manville and was purchased by Buffet in 2001. A once large corporation reduced to a mere shadow of it's former self. Both manufacturing and research facilities were closed and sold to Lockheed, Martin. Office still in Denver controlled by Omaha.
DeleteQwest: Another financial disaster. After the CEO went to jail, still there, the company shed tens of thousands jobs, many in Colorado. Qwest was purchased by Century Link in 2010. Denver is a regional office for Century Link.
Molsen Coors, Coors was sold to Molsens, Toronto is the main office, Golden remains the US office.
The Gates manufacturing facilities in Denver closed and are being torn down and replaced by Condo's. A shadow of it's former self still has a corporate office in Denver.
Quisno's. At the height of operations sported over 5000 stores. Today 2100 remain in the US and Canada. Due to massive lawsuits from the Franchise owners the company may seek bankruptcy protection.
Denver Metro area UE rate 6.2% US, 6.7%.
Slightly better than the US average.
Someone pad the statistics??
Hey William,
DeleteColorado forever conservative turned liberal in the 2008 election. Today the House is red again with the GOP 1 seat away from taking the Senate. Hopefully we can dump the Hick who is invisible until he campaigns to raise taxes which fails miserably.
The politicians cannot raise taxes with out approval of the taxpayers. In the recent election they approved marijuana sales. This year the conservatives went to the ballot box and added a 25% tax to the product and a 5% upgrade to taxes next year. If people are going to smoke it they will pay dearly. The best part is the state can only keep last years spending plus cola and 1.5% increase. All other revenues returned to the taxpayers at the end of the year.
In January, Colorado reported pot sales of $14 million.
Deletehttp://www.latimes.com/business/money/la-fi-mo-colorado-marijuana-job-fair-20140314,0,4721999.story
Hey Mick,
DeleteDenver is the new place for spring break for the college kids. Most of the hotels in the are are booked through the middle of April.
Interesting comment from Lou re the smoking tax. I think we in Australia have the most stringent smoking laws in the world. Cigarettes can only be sold in plain packaging (no company logo) No tobacco product may be displayed in stores, they have wall to wall health warnings of the most graphic kind. Government tax is about 300 percent and all this is accompanied by a massive anti smoking campaign. To give an indication, a loaf of bread costs about three dollars and a pack of twenty cigs about 10 plus dollars.
DeleteK,
DeleteIn Colorado we have the latest and the greatest.
Marijuana is the latest legal drug to smoke.
Rocky mountain high, Col-or-a-doe.
DeleteThe fun is just beginning as the police now give your auto the sniff test when you open the window. If they smell pot burned or green weed, they haul you in for a blood test.
DeleteWahoo.
Lou although MolsonCoors is based in Toronto it is still the 8th largest employer in the Denver metroplex, Qwest which does still exist as a subsidiary of Century Link is the second largest Denver employer. Your real good at the pessimism of who left but not so much in the optimism of who came. Ball Corporation left it's long time Indiana home and settled in Denver area. Yeah you say a jar company. Not really the main part of Ball moved to Colorado is Ball Aerospace a defense contracting arm. It has Quickly become the 13th largest employer in Denver. And Level 3 communications is the 24th largest employer. Oh little sad sack friend. Denver is growing sorry you can't see it.
DeleteThis comment has been removed by the author.
DeleteLou check out Money magazine. Denver unemployment rate is actually 5.8%.
DeleteOf course William you missed the point entirely that in spite of being in red states, these 9 cities are run by what you would call tax and spend Democrats. I don't have the tax numbers but they did spend spend spend and they did what it took to stimulate their economies and are better off for it today.
ReplyDeleteEnjoy your time in Southern Pines. You got a couple nice days. You know the U.S.Open is down there this year. Both the men's and the Women' s.
Of course what metroplex in the U.S. is poised to gain big from that? Don't know if this is your first trip to that area or not but there ain't squat there to handle a big crowd. Guess where the masses stay and eat and spend their Money? Raleigh-Durham- Chapel Hill-Cary. The Amtrak will run you down in about an hour from Cary for $19. They also upgraded U S 1 from Raleigh to So. Pines last time the open was there in 2005.
Of course Rick, you miss the point completely.
DeleteIt's not necessarily the city but the surrounding area that is actually growing doing well. The surrounding areas are not necessarily controlled by a democrat. One of the best places to live in Colorado, Longmont a small city.
Ball corp, Boulder, Broomfield. Boulder democrat, Broomfield, GOP.
Comcast, DIsh Network, Direct TV, Englewood, Littleton, GOP
Level 3, Broomfield
TW Telecom, Douglas County
Century Link, office in downtown Denver, the bulk of the workers are outside Denver proper in garages through out the area.
Well my shill friend, the point is the Democrat city isn't where the bulk of people work. Denver contributes to the economy of the entire area and isn't solely responsible for the success of the area.
I would venture to say the statistics of the cities on you list reflect the same as the Colorado area.
Sales tax Denver 8.25%-8.75%
Sales tax surrounding cities 6-25%-7.25%
Sales tax Unincorporated Douglas/Arapahoe County 5.1%
p.s. The schools in the suburbs are far superior to Denver Public Schools which sport a 56% graduation rate vs. 92% in the burbs.
Been coming to Pinehurst/So Pines for quite a long time rick. All the local lodging for the opens has been booked out by corporate interests for years. I won't be coming down for the opens but experienced the open and the connections near phila last year.
DeleteUS 1 is a nice highway. Nice end to a 9+ hour drive down thru phila, baltimore, dc, richmond, etc.
Will be headed over to Charlotte after golf tomorrow to visit my son and avoid the snowstorm hitting richmond-dc area. Heading back to jersey on tuesday or wednesday. I always enjoy my time at Southern Pines. You're lucky to live in the NC-SC area.
Yes I am. Worked for an Ohio Restaurant company back in the 90's that expanded to NC. I jumped at the first chance I got to come down here. I first went to Greenville, home of East Carolina University an my son in fact went back there for college. A great place. We then came to the Raleigh area for the new job which enhanced momma's career. She was working at Target and coming here opened the door to get her into management there and she has excelled with them. We settled in Clayton which is 15 miles out 40 towards Benson/Wilmington. It would be about equal in distance to Holly Springs as you go down US1 although not nearly as populated, yet anyway. It's getting there. Thinking about Greenville as my retirement burg although momma would like to be closer to the coast.
DeleteCharlotte is a very nice city. Lot's of opportunity for young folks to move forward. UNC Charlotte is very nice and will grow into an even more major university. Refreshing to move around the city after fighting through NJ/NY crime ridden urban areas. As long as the unions don't make inroads here the city will be an outstanding area for growth.
Deleteright to work state. Charlotte is ok like Raleigh a lot better though. Big enough but doesn't have a lot of the big city problems that even Charlotte has. That all seems to migrate to Durham
DeleteIs there a dirty little secret about Duke-Durham's first year east campus?
Delete@ Lou Denver housing market, a home sells in Denver in approximately 38 days that is the fourth fastest in America. Average Denver metro home prices are up 19.6% this year. Two more signs that Denver has recovered from the recession.
DeleteThe American economy has been recovering slowly & steadily for the past 3+ years. The next Prez, R or D should be credited with a strong economy barring some unforeseen disaster.
ReplyDeleteAh Pfunky a voice of reason.
ReplyDelete