The majority of the Top 20 Cities selected, slimmed down from 238 submissions, are located in Eastern USA. But more interesting to me is where the clusters lie - particularly one cluster located around Washington D.C. proper, with three potential locations within neighboring counties. Where the big banks and pharmaceutical giants used to dominate the US lobbying industry, flexing their economic muscle, the new player in town is the tech industry, and in a big way.
Read MoreIn an article published today by the Financial Post, Earnest Research has analyzed debit and credit transaction data to reveal that 89% of all holiday spending, beginning after American Thanksgiving and ending at Christmas, was captured by the retail giant Amazon. The close second? Wal-Mart at a whopping 4.4%.
Read MoreAre we surprised? Not even a little.
It was only a matter of time before Amazon found the final piece of the logistics puzzle to allow them to consolidate and manage ALL the steps from the moment an order is placed online, to the the moment the package efficiently arrives in the hands of the consumer.
Read MoreIt's no secret that Amazon released a Request for Proposals last week to determine the location of their new headquarters - HQ2. Every major City is jumping at the opportunity to have a company of this magnitude enter their market, to say nothing of the billions in capital expenditure and thousands of jobs created. Take a look at what their top decision drivers are here.
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