CNBC – The odds of a recession may be falling, but states appear to be betting that corporate leaders are still nervous.
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An analysis of all 50 states’ economic development marketing efforts — part of CNBC’s annual America’s Top States for Business study — finds that a strong economy is the most frequently mentioned selling point to attract corporate site selectors these days. That includes factors like job growth, fiscal stability, and a wealth of other corporate headquarters. State web sites mentioned economic factors 222 times in our analysis, well ahead of the next most cited factor, infrastructure, at 203.
Site selection consultant Tom Stringer, a principal and leader of the site selection and incentives practice at Grassi Advisors in New York, said that emphasis on economic strength and stability stands to reason.
