Q1 & Q2 Economic Development Update

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In economic development, understanding the distribution and specifics of project leads is crucial for fostering growth and making informed investment decisions.

Below, you can see key data points providing a comprehensive look at project leads by state, building size requirements, acreage requirements and industry of projects. These insights can aid you and other businesses, investors and policymakers in identifying opportunities and aligning strategies with regional needs.

Project Leads by State

Analyzing project leads by state offers a snapshot of economic activity across our 23 member cooperatives. This breakdown helps identify which states are seeing the most interest in new projects and can guide resource allocation and strategic planning.

 

  • 65 leads in Indiana
  • 14 in Missouri
  • 9 in Illinois
  • More leads were submitted that did not have a state designated.
  • Total of 97 leads were submitted from January to July

 

Projects leads by industry:

Understanding the distribution of project leads by industry helps to identify economic trends and sectoral growth patterns. We submitted to many leads within the manufacturing industry, agricultural industry, data centers, warehousing, and call centers. The largest number of projects that were submitted were in the warehousing industry and ranged from food manufacturing to EV car manufacturing. We submitted 56 project leads in the manufacturing industry.

Acreage Requirements

Project leads vary significantly based on the acreage requirements, reflecting different types of developments and their spatial needs. In the first half of the year the most requested acreage size was 100+ acres.

 

Building Size Requirements

The scale of buildings required for projects provides insight into the nature and scope of these developments. In the first half of the year the most submitted building size requirement was 0-50,000 SF.