The Northeast lags the nation in post-recession recovery. Real GDP increased just 1 percent in 2013, the last full year for which data is available. As a whole, that year the nation grew 1.8 percent. Slow job gains have frustrated efforts to bolster economic growth despite such positive signs as falling unemployment and rising personal income.
New Jersey’s economic development programs generally earn glowing reviews. The state “has some of the strongest incentives you’ll see in this country,” says Joe Lacy, managing director of Biggins Lacy Shapiro & Company, based in New York, Princeton and Chicago.
BLS & Co. Project Director Michelle Comerford provides insights on how brownfield sites offer and undergo redevelopment opportunities.
BLS & Co.'s Andy Shapiro and Kyle Syers provide insight into how the biopharma industry continues to be an attractive target industry for economic development despite reduced levels of private financing, the absence of IPOs and persistent layoffs.
BLS & Co. Managing Director, Tracey Hyatt Bosman provides insights on how quality of life is an important factor for companies exploring location options.