Economic Development Futures Journal

Tuesday, April 01, 2003

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Believe It or Not, Some Businesses Will Expand This Year

Recently we reported on some announced business investments that are moving forward this year, despite the economy, war and other key developments. A recent report by RKS Research of NY says that a number of U.S. businesses plan major investments in 2003. More than a quarter of U.S. businesses plan to expand their operations during the next 12 months, according to data from a survey by RKS of 1,304 businesses nationwide.

The Southeast ranked most positively nationwide as a preferred region for corporate expansion or relocation. Within this region, Florida, North Carolina, and Georgia rank highest as potential expansion or relocation communities.

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