OUR BLOG
Top 10 Economic Development Headlines for 2021
Last March, I wrote a blog predicting how Covid-19 would impact economic development. It’s been quite a ride since then, but my predictions were pretty darn close. At least enough to embolden me to make some predictions for 2021. Here we go! Top 10 Economic...
Site Selectors and Economic Development Organizations Not Always on the Same Page
At Ady Advantage embracing data is built into our mission. As such, we conduct industry-wide research to help inform our site selection clients and the economic developers who serve them. One key finding of our research was a distinct mismatch, or gap, in the...
BRE Takes a Front Seat
Business retention and expansion (BRE) has never been more critical. One of the first things economic development organizations (EDO) did when COVID-19 hit was reach out to their existing businesses. This was the most direct and efficient way to understand the...
As I See It | Housing in a Time of COVID-19
Every industry and market has been impacted by COVID-19 in some way, often negatively. The pandemic disrupted supply chains and drastically altered consumer behavior. Industries like hospitality and travel have been decimated. While transportation, warehousing and the...
As I See It | To Plan or Not to Plan, Virtually
One of the silver linings of COVID-19 is that it has given a big push to certain trends that were in play but not yet widely adopted. Look for a more detailed assessment of that broader topic in a future blog, while today we’ll focus on what you can expect when...
As I See It | It’s a Perfect Time to Market that Industrial Site
Over the past several months, Ady Advantage has been tracking and interpreting reams of data that provide clues as to what’s next for economic development. We recently developed a white paper summarizing the top impacts from COVID-19 and the implications for Economic...
As I See It | The Fork in the Road that will Define Your Community’s Future
By: Janet Ady, President, and Jordan Ackerman, Senior Research Specialist/Project Manager “A rising tide lifts all boats.” That phrase is commonly attributed to John F. Kennedy. But in the decades of economic growth and development the country has experienced since...
As I See It | How COVID-19 Adds a New Dimension to the Site Selection Process
Back in the good old days – I’m talking about December before the coronavirus pandemic – site selectors thought about security mostly in two dimensions: natural disasters and man-made threats like crime or terrorism. Now a third dimension has entered our...
As I See It | Moving from Triage to Strategy
As economic developers start to pivot from the triage work of reaching out to existing businesses and connecting them with business resources, the big question is, “What should we focus on now to most favorably position our community for the future?” None of us...