Invest in the U.S.
This week, hundreds of companies will visit our country at the Select USA Investment Summit in Washington D.C. The attending companies are either current investors within our country, or they are considering investment. They come at a time when there is much debate about global trade policies in our country and around the world.
Trade and investment policies matter to our local economies. Even subtle shifts have an impact, and with the rebuke of the Trans-Pacific Partnership (TPP) a few years ago, the review of the NAFTA agreement, BREXIT negotiations, and tariffs being implemented and considered by the U.S. and other countries, it is beyond time to take note.
These policies impact exports and imports for sure, but they also impact job creation, physical supply chains, and ultimately, relationships. The Select USA summit will be filled with discussions about these policies. While change is inevitable as the global marketplace continues to evolve and mature, economic developers should be wary of the impact within its office spaces and industrial parks.
It is also true that there continues to be great justification to invest in the United States. In the short-term, the U.S. economy is growing at a rapid pace, creating opportunities for entrepreneurs including foreign investors. In the long-term, our diverse demographics, legal protections of intellectual property, and penchant for innovation are durable and ever-evolving.
Let’s welcome the visitors we have from around the world and continue to monitor the many changes underway that impact global trade and investment.
One Columbus Update
- This week, the One Columbus team is hosting companies considering the Columbus Region.
- Next week, our team will travel to Buffalo for IEDC’s Economic Future Forum.