Month: July 2018
Salary Data is Sending You Signals. Pay Attention!
What is salary signaling? With labor costs representing up to 60-80% of production costs, high-wage regions lose a significant competitive advantage. Trends in salaries are often a useful signal for good recruitment zones for business attraction.Read more
Artificial Intelligence and Economic Developers
Although AI isn’t a new concept, right now there’s a lot of buzz around the topic. Some pundits believe AI will have a bigger impact than the invention of the PC or even the spread of smartphones. Growth projections for AI revenues are staggering; it was $643.7 million in 2016 and its expected to reach $36.8 billion by 2025. But what exactly is AI? And more importantly, how can it help Economic Developers?Read more
Data Dig: Chocolate Import Competition
For many, February is synonymous with Valentine’s Day. A fun, frivolous, entirely made-up day. But the business behind it is no joke. Chocolate and cocoa-based confectionary has had sluggish growth over the past years – despite a population with rising disposable incomes – with almost stagnant total sales since 2012. Trade numbers on Gazelle.ai point […]Read more