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The smaller market breakdown is also interesting:
"Multi-state metros top our other population categories too. Omaha-Council Bluffs, Neb.-Iowa, is No. 1 among Tier 2 areas (population 200,000 to 1 million), repeating its achievement in 2013. It’s trailed by Dayton, Ohio; Tulsa, Okla.; Durham-Chapel Hill, N.C.; and Baton Rouge, La.
Sioux City, Iowa-Neb.-S.D., tops Tier 3 (less than 200,000 population), followed by Bowling Green, Ky.; Gainesville, Ga.; Janesville-Beloit, Wis.; and Altoona, Pa.
Ohio and North Carolina have the most representation among the top 10 metro areas across each population tier, with five each."
No, it is not about industry...it is about economic development. Please reread the study. Some of the job producers are corporate headquarters, certainly not industry. That's an easy assumption to make though since its mostly Midwest cities.
It's a specific type of economic development.
"Site Selection’s Top Metros of 2015 are those enriched by facility project investment from corporations."
"The database includes new or expanded facilities of the following types: Manufacturing, Distribution/Warehousing, Corporate Headquarters, R&D Labs, Call Centers, LNG Terminals, Ethanol Plants, Refineries, Tank Farms, and Mining Facilities."
"Projects that do not qualify: Restaurants/Financial service company/Bank branches (Headquarters will qualify if meeting the General Qualifying Criteria) - Retail including shopping malls - Museums - Elementary and secondary schools and other non-commercial educational facilities - Government facilities ([separate category for infrastructure projects]) - Self-storage facilities - Purchases (unless the project involves renovation and meets the General Qualifying Criteria)"
Most people would consider this CAPEX spending though this study has an emphasis on real estate movement and number of jobs generated through expansion. There's many cities with substantial economic growth but it's being generated by a handful or so number of corporations and in most cases, the corporations are already very large and don't need to make any major expansions that frequently though that doesn't stop spin-off economic development from occurring (which wouldn't be captured in this study).
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