City’s rankings might matter little to companies | The Augusta Chronicle

20
May

City’s rankings might matter little to companies | The Augusta Chronicle

Since 2008, Augusta has appeared in 20 national rankings, receiving high marks for being the “most resilient metro economy,” providing its residents with the “best bang for their buck” and having one of the “strongest building markets for housing.”

Local business recruiters refer to the accolades as the city’s “bragging points” in luring major industry to set up shop in Augusta.

But with publications and industry think tanks keeping no record or traceable origin of their rating systems, some question whether these lists carry any weight.

According to state economic developers and business executives, market research studies by Forbes, Business Week and the Brookings Institute have little influence in company site selection. Professionals say it’s the information the reports provide that holds great importance, all of which is public record and readily available through the federal government.

via City’s rankings might matter little to companies | The Augusta Chronicle.

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