Regional Report: The West and Southwest
Despite a growth slowdown, the region is still attracting tech sector investment.
Despite a growth slowdown, the region is still attracting tech sector investment.
Based on polling of nearly 700 CEOs and business owners, the Lone Star State placed No. 1 again, Florida No. 2. But will changing politics change the game?
Long derided as ‘flyover country,’ the nation’s industrial core is again taking flight, thanks to chips and EVs, pragmatic politics, seismic shifts in manufacturing and a deep rethink of the global supply chain. China who?
More states than ever find themselves in a position to afford tax cuts, in part because the onset of Covid created only a V-shaped drop-off in revenues.
Predictions of flight from big cities were a bit overblown, although reactions to Covid did heat up a few migratory routes that already were increasingly popular.
Some states are taking the long view by using the billions to train workforces, buttress water and sewer systems, and extend broadband.
Intel passed on the Badger State for Ohio, and Foxconn is a mess, but Wisconsin remains on an upward arc.
Intel’s huge investment will cap a push behind new technologies that already has benefited the Buckeye State.
While the top (Texas, Florida) and the bottom (just guess) of our annual rankings remain unchanged, what has changed are the stakes, with a growing number of CEOs we polled open to a post-Covid change of locale. Governors, take note.
The February storm and power system collapse haven’t hurt the Lone Star State’s #1 ranking spot. Says Gov. Greg Abbott, “People know one-off events occur, and what matters most is what our response is.”
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0