ABSTRACT

Amazon's HQ2 and Economic Development: Perspectives and Policy Options [March 8, 2019]   [open pdf - 599KB]

From the Document: "In February 2019, facing political and public opposition, Amazon canceled the New York portion of its planned second headquarters (HQ2). Originally announced in November 2018, HQ2 was going to be split between the Northern Virginia suburbs of Washington, DC, and Long Island City, NY, which Amazon claimed would each gain as many as 25,000 direct jobs as a result. According to its cancelation announcement, Amazon plans to proceed with its Virginia site, along with a smaller third site in Nashville also announced last November that Amazon suggested would generate 5,000 additional jobs. Amazon's announcement followed an approximately year-long process in which over 238 localities competed to attract HQ2."

Report Number:
CRS Insight, IN11070
Author:
Publisher:
Date:
2019-03-08
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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