areadevelopment + cost-of-doing-business   41

Amazon Isn’t Afraid of NYC’s High Taxes - Bloomberg
Amazon.com Inc.’s highly publicized search for a second headquarters is hurtling toward a conclusion, with the e-commerce giant nearing deals to open new offices in two locales. One is an area of northern Virginia where homes are expensive but taxes are relatively low. The other is Long Island City in the New York borough of Queens, a place that combines scarce housing with some of the highest state and local taxes in the U.S.
corporate-tax  taxes-incentives  HQ2  amazon  new-york-city  new-york  virginia  cost-of-doing-business  Around-the-web  this-week-441 
9 days ago by areadevelopment
From Honda to Volvo: New U.S. auto transplant transcends tariffs - The Detroit News
Learning from successful Japanese and European manufacturers over four decades of expansion, Volvo’s Charleston plant is the 17th non-union transplant to embrace American-made production advantages: lower costs, expanded global capacity, massive supplier infrastructure and proximity to the richest auto consumers in the world.
south-carolina  organized-labor  right-to-work  labor-costs  cost-of-doing-business  business-climate  fdi-USA  volvo  automotive-industry  Around-the-web  this-week-439 
29 days ago by areadevelopment
Booming Seattle struggles to stay affordable - Open for all? - Economist
FOR the third consecutive year, Seattle has the most cranes in operation of any city in America—three times as many as New York. Long a placid, drizzly company town, the place is booming. Since 2010 Seattle has grown more quickly than any other large American city, thanks in part to the success of Amazon and Microsoft, two local technology firms. Entrepreneurs are flocking there, repelled by the obscene costs of San Francisco.
Metros  seattle  innovation-hubs  industry-clusters  Around-the-web  cost-of-doing-business  cost-of-living  this-week-433 
august 2018 by areadevelopment
For Manufacturers, a Complex Mix Can Determine Location - The New York Times
Bob Hess, a vice chairman of Newmark Knight Frank, the global real estate company, explained that labor costs were no longer significantly lower in rural parts of the country.

The change is most often the result of a need to hire workers with higher skills than in the past or to entice them to commute longer distances or even relocate.
small-manufacturing  cost-of-doing-business  labor-costs  u.s.-manufacturing  Around-the-web  this-week-431-top 
july 2018 by areadevelopment
Does Your State Tax Manufacturing Machinery? - Tax Foundation
Taxing inputs in a sales tax leads to “tax pyramiding.” Throughout the production cycle, the tax can be assessed multiple times. This leads to higher prices for consumers, fewer job opportunities for workers, or limits the business’s ability to expand. If too many business inputs are taxed, a state’s sales tax could actually start to function as a gross receipts tax.

This week’s map looks at just one of the many business inputs that states tax in their sales tax bases: manufacturing machinery.
corporate-tax  corporate-tax-reform  cost-of-doing-business  industry-organizations  maps  Around-the-web  this-week-420 
april 2018 by areadevelopment
Truck Driver Salaries Rising on Surging Freight Demand - WSJ
Report says wages rose up to 18% in past four years and benefits are also on the upswing, adding to higher logistics costs in a tight trucking market
logistics  freight-logistics  trucking  cost-of-doing-business  Around-the-web  this-week-420 
april 2018 by areadevelopment
Mid-Market Manufacturer Finds New Opportunities to Reshore Parts - Chief Executive
Mitchell supplies parts and wreath rings to companies throughout North America and Europe, and is a preferred parts supplier to furniture, window and computer manufacturers. Mitchell CEO Tim Zimmerman said recently that the company was able to reshore a handle sub-assembly product back to the U.S. last year, offering both increased production and significant cost savings to the client.
case-studies  Around-the-web  this-week-406  cost-of-doing-business  wisconsin  parts-suppliers  global-supply-chain  business-globalization  u.s.-manufacturing  small-manufacturing 
december 2017 by areadevelopment
Why are companies moving to the Southeast? They want proximity to their customers, German consul says - The Greenville News
For two years, Detlev Ruenger, consul general of the Federal Republican of Germany, wondered why companies kept putting a footprint in the Southeast...Wages are lower in the Southeast, he said. The time difference is better for companies calling back to their native Germany compared to locations on the West Coast, and, in particular, South Carolina is a right-to-work state, though it can be a concern to some given Germany’s strong union presence, he said. 
BMW  regional-reports  south-atlantic  south-carolina  automotive-industry  fdi-USA  right-to-work  cost-of-doing-business  labor-costs  Around-the-web  this-week-386 
may 2017 by areadevelopment
State looks to take advantage of ‘reshoring’ trend - Connecticut Post
After decades where changes in manufacturing employment were characterized by offshoring, the current trend is toward “reshoring,” according to a report by location consultants The Boyd Co. of Princeton, N.J., which shows Connecticut faces steep challenges in taking advantage.
The state ranks No. 3 nationally on the list of most expensive places to run a factory, according to the report, behind only New Jersey and New York. South Carolina is the least expensive.
regional-reports  state-rankings  backshoring  cost-of-doing-business  Around-the-web  this-week-385 
may 2017 by areadevelopment
The Cities Where Your Salary Will Stretch The Furthest 2016 - Newgeography.com
When Americans consider a move to another part of the country, they sometimes are forced to make a tough choice: should they go to a city with the best job opportunities, or a less economically vital area that offers a better standard of living, particularly more affordable housing? However,  there are still plenty of metropolitan areas in the U.S. where you can get the best of both worlds.
cost-of-doing-business  quality-of-life  Around-the-web  this-week-369  demographics  Metros 
november 2016 by areadevelopment
Small Business Tax Index 2016: Best to Worst State Tax Systems for Entrepreneurship and Small Business - SBE Council
Among the states, some are situated well from a competitive tax standpoint, with others moving in the right direction. Consider that compared to last year’s report, 11 states have improved their tax climates by reducing their personal or corporate income tax rates, or eliminating their death tax.
taxes-incentives  corporate-tax  STUDIES  cost-of-doing-business  small-business  Around-the-web  this-week-356  state-rankings 
june 2016 by areadevelopment
Which Countries Have Lowest Business Costs? - Area Development
According to the 2016 Competitive Alternatives report from KPMG, the United States has dropped to 10th place for lowest business costs — the only time the U.S. has ever placed this low in Competitive Alternatives rankings.
economic-development  site-selection  area-development-features  Matt  manufacturing  cost-of-doing-business 
may 2016 by areadevelopment
Producing Poverty: The Public Cost of Low-Wage Production Jobs in Manufacturing - Berkeley Center for Labor Research and Education
Much attention has been given in recent years to low-wage work in the fast-food industry, big-box retail, and other service sector industries in the U.S. The rise of low-wage business models in the service sector has often been contrasted to business models of the past, when blue collar jobs in the manufacturing industry supported a large middle class in the United States.

Recent research by the National Employment Law Project (NELP), however, found that manufacturing production wages now rank in the bottom half of all jobs in the United States.
workforce-development  cost-of-doing-business  labor-costs  u.s.-manufacturing  economic-analysis  Around-the-web  this-week-353 
may 2016 by areadevelopment
About That U.S. Manufacturing Renaissance ... - Bloomberg View
After a brutal period of downsizing and reorganizing, the U.S. manufacturing sector has become the most competitive in the world. Output per worker is higher than in any other major manufacturing country. Labor costs per unit of output are lower than in Brazil, Canada and Germany, and only slightly higher than in China. What's more, writes Gregory Daco of Oxford Economics in the new report from which the above facts are taken, "the U.S. is 'gifted' with a stable regulatory framework, a flexible labor market, low energy costs and access to a large domestic market."
u.s.-manufacturing  Around-the-web  cost-of-doing-business  competitiveness  this-week-349 
april 2016 by areadevelopment
The 100-Mile Commute - strategy+business
San Francisco provides the most concentrated version of this dilemma. But similar situations can be seen in London, Hong Kong, and New York, where the salaries for vital jobs and positions that make the economy hum simply don’t seem to be enough to pay for housing in the region.
san-francisco  workforce-mobility  cost-of-doing-business  cost-of-living  this-week-384  Around-the-web 
april 2016 by areadevelopment
Car Industry's Recovery Isn't All American - US News
Every U.S. automaker imports parts from overseas to take advantage of less expensive labor, to the point that there are no more cars built completely with parts from the U.S. or Canada, says Patrick Olsen, editor-in-chief of Cars.com.
Around-the-web  business-globalization  global-supply-chain  cost-of-doing-business  industry-reports  automotive-industry  this-week-338 
january 2016 by areadevelopment
State-Local Tax Burden Rankings FY 2012 - Tax Foundation
New Yorkers faced the highest burden, with 12.7 percent of income in the state going to state and local taxes. Connecticut (12.6 percent) and New Jersey (12.2 percent) followed closely behind. On the other end of the spectrum, Alaska (6.5 percent), South Dakota (7.1 percent) and Wyoming (7.1 percent) had the lowest burdens.
cost-of-doing-business  taxes-incentives  corporate-tax  government-policy  industry-organizations  Around-the-web  this-week-338 
january 2016 by areadevelopment
Doing Business 2016 - Measuring Regulatory Quality and Efficiency - World Bank Group
Doing Business 2016: Measuring Regulatory Quality and Efficiency, a World Bank Group flagship publication, is the 13th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies—from Afghanistan to Zimbabwe—and over time.
rankings  international-location-reports  cost-of-doing-business  business-climate  Around-the-web  this-week-328 
october 2015 by areadevelopment
How Commuting Costs and Utilities Affect Middle-Class Housing Affordability - Trulia's Blog
In the past year, affordability for homebuyers has fallen in 89 of the 100 largest housing markets thanks to rising home prices and stagnant income growth in many metros.
demographics  workforce-mobility  cost-of-doing-business  cost-of-living  Around-the-web  this-week-324 
september 2015 by areadevelopment
How High Are Gas Taxes in Your State? - Tax Foundation
This week’s tax map takes a look at state gasoline tax rates, using data from a recent report by the American Petroleum Institute. Pennsylvania has the highest rate of 51.60 cents per gallon (cpg), and is followed closely by New York (45.99 cpg), Hawaii (45.10 cpg), and California (42.35 cpg). On the other end of the spectrum, Alaska has the lowest rate at 12.25 cpg, but New Jersey (14.50 cpg) and South Carolina (16.75 cpg) aren’t far behind. These rates do not include the additional 18.40 cent federal excise tax.
gas  taxes-incentives  cost-of-doing-business  government-policy  transportation  logistics  Around-the-web  this-week-315 
july 2015 by areadevelopment
Competitive Alternatives 2014 Special Report: Focus on Tax - KPMG
Cincinnati, Cleveland, Atlanta score high marks as most tax-friendly large cities for business. New Orleans Has Most Cost-Competitive Tax Structure Among U.S. Mid-Market Cities; Baton Rouge Fares Best in Small-Market Category.
metros  ranking  taxes-incentives  corporate-tax  business-taxes  cost-of-doing-business  this-week-269  around-the-web 
july 2014 by areadevelopment
Look to the U.S. for Low-Cost Manufacturing? - Automation World
A new study indicates that China’s currency fluctuations and shipping costs are leading some companies to look more closely at the U.S. and/or Mexico for low-cost manufacturing operations.
u.s.-manufacturing  cost-of-doing-business  backshoring  studies  this-week-266  around-the-web 
june 2014 by areadevelopment
Worldwide cost of living 2014 – The Economist Intelligence Unit
The Worldwide Cost of Living is a twice yearly Economist Intelligence Unit survey that compares more than 400 individual prices across 160 products and services. These include food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs.
rankings  metros  cost-of-doing-business  cost-of-living  site-selection-factors  international-location-reports  this-week-264  around-the-web  studies 
may 2014 by areadevelopment
Front Line: Micro Factories of the Future
With companies scrutinizing all expenses — including the cost of factory floor square footage, equipment, and energy, some executives are finding that micro production might offer advantages.
micro-factories  micro-production  cost-of-doing-business  energy  manufacturing  workplace-trends  area-development-features  main-sfp-insider-94 
may 2014 by areadevelopment
U.S. manufacturing: U.S. production costs catching up with China - Los Angeles Times
Another win for the made-in-America movement: A new report found that U.S. manufacturing in the past decade has become much more competitive compared with low-cost manufacturing rivals.
this-week-262  around-the-web  u.s.-manufacturing  global-supply-chain  business-globalization  economic-analysis  free-trade-agreements  cost-of-doing-business  web 
may 2014 by areadevelopment
Honolulu is even more expensive than New York or San Francisco - Vox
The commerce department has begun releasing data on something called "regional price parity," a figure that shows how high prices in a given place are compared to the rest of the nation.
cost-of-doing-business  quality-of-life  this-week-260  around-the-web 
may 2014 by areadevelopment
How Global Manufacturing Cost Competitiveness Has Shifted Over the Past Decade - bcg.perspectives
The new BCG Global Manufacturing Cost-Competitiveness Index tracks changes in direct manufacturing costs among the world’s leading goods-exporting nations from 2004 to 2014.
cost-of-doing-business  business-globalization  studies  manufacturing  this-week-260  around-the-web  international-location-reports 
may 2014 by areadevelopment
Competitive Alternatives Guide to International Business Location Costs - KPMG
Competitive Alternatives 2014 compares business costs and other competitiveness factors in more than 100 cities, in 10 countries: Australia, Canada, France, Germany, Italy, Japan, Mexico, the Netherlands, the United Kingdom, and the United States. For 2014, Competitive Alternatives further expands its coverage in the US, and for the first time includes every US metro area with a population of two million or more.
cost-of-doing-business  Total-Cost-Ownership  business-expansion  site-selection  this-week-259  around-the-web 
april 2014 by areadevelopment
Do State Business Taxes Really Matter? - Richard Florida - The Atlantic
The overwhelming result is no connection at all between a states investment tax burdens and its economic performance
cost-of-doing-business  taxes-incentives 
april 2013 by areadevelopment
How Chicago's urban vibe attracts talent, lowers costs - John Pletz Technology Blog - Crain's Chicago Business
Sure Chicago is a cheaper place to launch a tech business than Silicon Valley. But how about Pittsburgh? Yep. We've got cheaper talent and rents, and airfare.
regional-reports  pittsburgh  around-the-web  metros  midwest  high-tech  cost-of-doing-business  rust-belt  chicago  industry-clusters  this-week-205 
march 2013 by areadevelopment
The Cities Where A Paycheck Stretches The Furthest - Newgeography.com
High wages are just one part of the equation — high prices in East and West Coast cities mean the fat paychecks aren’t necessarily getting the locals ahead. When cost of living is factored in, most of the places that boast the highest effective pay turn out to be in the less celebrated and less expensive middle part of the country.
twitterfeed  around-the-web  This-Week-174  ranking  metros  demographics  COLI  cost-of-doing-business 
july 2012 by areadevelopment
Cost of Living survey 2012 - Mercer
Although price increases have remained moderate overall, most US cities have gone up in the ranking, mainly as a result of the strong US dollar.
metros  twitterfeed  around-the-web  This-Week-172  studies  COLI  cost-of-doing-business 
june 2012 by areadevelopment
Midwest Closes a Cost Gap - WSJ.com
The Midwest has largely closed the cost gap in competing for companies with the South, traditionally the nation's cheapest region in which to do business.
twitterfeed  around-the-web  This-week-168  cost-of-doing-business  regional-reports  midwest 
may 2012 by areadevelopment
The (High) Cost of Manufacturing in America - IndustryWeek
The United States is one of the most expensive places on earth to manufacture products. Here's why.
manufacturing  competitiveness  this-week-147  around-the-web  twitterfeed  cost-of-doing-business 
november 2011 by areadevelopment

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