Since the coronavirus outbreak, stay-at-home restrictions began to lift in late April for some U.S. states and slower for others. This varied state-by-state approach to reopening their economies has become a factor for where businesses decide to locate operations.
In a recent Reuters article, Gregory Burkart, Managing Director and leader of the Site Selection and Incentives Advisory practice at Duff & Phelps, commented “Industry officials said one outcome of the crisis could be a push by both domestic and international firms to bring more production closer to the U.S. market to reduce supply chain risks.”