2007 TOP CITIES FOR BUSINESS ATTRACTION:
[6/19/2007]
By: Bill King, Chief Editor
“Expansion Management and the National Policy Research Council looked at the facility relocation activity of 19 million companies over the past eight years to determine the most popular destinations for relocating businesses.”
“We also looked business growth rates at the county level, which gives us an indication of which part of the metro area was driving the growth.
The list for large counties was headed by Mecklenburg County (part of the Charlotte-Gastonia-Concord, N.C.-S.C. MSA),…”
“How We Calculated the Rankings
This ranking is based on the following two measures:
Relocation Rate: Number of business establishments (headquarters, subsidiaries, independents) that relocated to another market during the most recent 8-year period and still survive today, as a percent of all business establishments in the market, and
New Branch Rate: Number of branches opened during the most recent 8-year period and still survive today, as a percent of all business establishments in the market.
Our methodology assumes that the capture rate is the same for branches as it is for non-branches.”
Link to chart of counties:
http://www.expansionmanagement.com/S...20COUNTIES.PDF
Link to chart of metros:
http://www.expansionmanagement.com/S...E%20METROS.PDF
Link to full article:
2007 TOP CITIES FOR BUSINESS ATTRACTION: These Communities Are Literally Magnets for Business