Within the world of economic development, there exists a two-way interplay between a location’s economic vitality and their labor supply. One key determinant of an area’s capacity for economic growth is the availability of relevant, skilled labor – an indicator… Continue reading
According to Area Development Magazine’s “33rd Annual Corporate Survey and the 15th Annual Consultants Survey”, more than 90% of the respondents considered the availability of skills labor as their top factor in deciding where to locate or expand their businesses.1”… Continue reading
There are many reasons why a business looking to expand or relocate their company would have Lexington, KY high on their list. At Commerce Lexington Economic Development, to companies asking “Why Lexington?”, our website has displayed four major motivators in… Continue reading
The past few editions of the blog have celebrated the successes of Lexington’s entrepreneurs and the city’s outstanding ecosystem in 2018. While 2018 was an incredible year for local innovators, it was also a fruitful year for Commerce Lexington’s business… Continue reading
When you ask someone to list where they think the largest concentrations of tech companies are in the U.S., most will respond quickly and correctly by including some form of Silicon Valley. For years, the San Francisco Bay Area and… Continue reading
In the spirit of celebrating the beginning of a new year, the focus of this article is on the pioneers of Lexington’s economy and the environment that supports their success. As you may remember, in December we highlighted numerous, record-breaking… Continue reading
