With trillions in government money at stake, infrastructure takes center stage in America's Top States for Business

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With trillions of dollars from the government to spend on infrastructure and high-tech manufacturing, the way states are competing for business has changed.

Historic government programs including President Biden's CHIPS Act and Inflation Reduction Act, and a national push to revitalize supply chains has made infrastructure the main economic development battleground in 2024.

Workforce, which had been the top category in the Top States for Business rankings since 2014, remains crucial, but worker shortages have eased as the economy stabilizes. "When you've got all those variables combined — the federal money, the mitigation of risk, and reshoring, moving production capacity away from abroad and moving it back to the United States— it has created a situation where you've got a lot of companies vying for a limited amount of sites in the U.S.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyWorkforce, which had been the top category since 2014, remains crucial. But, with roughly 1.

 

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