Geraldine Gambale

Jun 26, 2024 | areadevelopment.com | Geraldine Gambale

For almost 30 years, I have proudly served as Editor of Area Development and, I hope, have provided you, the reader, with information to help in making your company’s site and facility planning decisions. Of course, there have been changes in the way the information is delivered, with our website adding to what’s included in the print magazine and its many supplements focused on varied industrial sectors, logistics, workforce, and domestic and foreign locations.

Apr 30, 2024 | areadevelopment.com | Geraldine Gambale

Analysts say that the biggest barrier to getting consumers to purchase electric vehicles is the dearth of charging infrastructure. In fact, according to a CNBC poll, nearly half of Americans say they doubt they would purchase an EV as their next car, citing a lack of charging options as well as the high costs. Industry in the Era of the Electron Looking at the situation from another angle, it’s not just consumers who are looking to “plug in” but industry as well.

Jan 18, 2024 | areadevelopment.com | Geraldine Gambale

The Congressional Budget Office projects that the U.S. labor force will grow by a mere 0.2 percent from 2024 to 2031. The baby-boomers are retiring, millennials are approaching middle age, and a comparatively small Gen Z follows.

Oct 18, 2023 | areadevelopment.com | Geraldine Gambale

Despite high inflation, U.S. labor force growth has been better than expected — with the workforce adding 187,000 jobs and unemployment decreasing to 3.5 percent in July 2023, according to the Bureau of Labor Statistics. Manufacturing construction also continues to surge.

Oct 3, 2023 | areadevelopment.com | Geraldine Gambale

The Federal Reserve continues to raise interest rates in an attempt to cool the job market and inflation, with an effective rate now more than 5 percent, the highest since June 2006. As a result, consumers are still focusing more on savings than spending, with consumer confidence falling in April for the third time in four months, according to the Conference Board.