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Jumping Hurdles in 2020

Another year of monitoring economic development project activity in the South — the world’s third largest economy — clearly shows that this last 10-year recovery that ended in the spring of 2020 thanks to the pandemic (the longest recovery on record), peaked in 2015 or 2016. SB&D doesn’t judge an economy as an economist does, using real time data such as job creation, GDP, worker productivity and unemployment rates, even though unemployment rates are incredibly important in economic development. We look at the economy in just one way — economic development project activity broken down by how many manufacturing and service projects were announced in the region each calendar year.

To judge where the economy is and how it is performing, we count the number of projects meeting or exceeding 200 jobs and/or $30 million in investment announced in the South each year. We use projects submitted by each of the 15 states’ economic development agencies and back that up with announcements published on our fantastic news aggregator site, RandleReport.com.

We call it the SB&D 100 because we publish the top 100 job and investment projects announced the previous calendar year. Ranking the top 100 announced projects creates a threshold for both rankings, and that threshold is the 100th largest project. So, any project of 200 jobs or more and/or $30 million or more Read More

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