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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

With his signature on the Economic Opportunity Act of 2013, Gov. It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. By Jonathan Sanders.

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STATE FOCUS: Florida – Let The Sun Shine

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From the July/August 2013 issue. According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2013, 2.5 percent during 2013 to 2016.

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More Commercial Real Estate Execs Expect To Increase Capital Spending Amid Tepid Economic Growth In 2014

Business Facilities

Of the 100 senior commercial real estate executives surveyed, 68 percent expect to increase capital spending in 2014, up from 60 percent in 2013. The number of real estate executives considering an IPO doubled from 8 percent in 2013 to 16 percent this year. audit, tax and advisory services firm. Outside the U.S.,

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

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From the May/June 2013 issue. percent growth supported by its robust export industry, and it is on track to meet its 5 percent target for 2013. The BOI has divided Thailand into three zones each with a different incentive package to accelerate development in disadvantaged regions. percent as of February 2013].

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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From the January/February 2013 issue. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Ultimately, ACT selected Sacramento because the availability of a qualified workforce and the benefits of locating in an Enterprise Zone.

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Giving and Getting

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State officials reportedly underestimated the impact of federal tax policy changes in 2013 and thus overestimated the revenues they’d be collecting. New Jersey is facing an estimated $2.7-billion billion revenue gap in the state budget over the next two years, including about $800-million in current-year revenue.

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Oklahoma Incentives and Workforce Development Guide

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Foreign Trade Zones: U.S. Customs Duty Management Program where manufacturers and distributors located in Foreign Trade Zones—since for Customs purposes, are considered to reside outside the U.S.—benefit For debt obligations issued under this act, there is a maximum maturity of 25 years and a maximum coupon rate of 14%.