There is Economic Life in the Auto Belt!

Good Morning! Despite all the gloom and doom, data does show that economic development lives. While working on an auto-related project in the Midwest, I was reviewing location/expansion data for a three-state area including Indiana, Kentucky, and Ohio. I was amazed at the amount of activity over the second half of 2008 (see below). There were almost 150 IT-type office deals, over 115 warehouse/distribution, and almost 60 transportation equipment projects reported.

Although these numbers are down from past years, there are still deals to be captured! Larger available incentives from the stimulus package may even boost these numbers in coming quarters. Keep doing your thing to get your fair share! Deane

Deane Foote Opens Foote Consulting Group, LLC

Seasons Greetings!

I am pleased to announce the opening of a new development-related consulting company, FCG! We specialize in economic development, real estate, site selection and workforce development consulting, where I have over 30 years of experience. Please contact me with any of your project needs and check out our new web site: www.footeconsulting.com.

Best Regards, Deane

Contact mobile: (480) 399 – 4854 • email: deane@footeconsulting.com