This year’s edition of the annual report determined that the economic contributions made by the development process last year were 40 percent higher than those made in 2013. The data show that 2014 was the strongest year for economic development impacts from development activity since the market began to recover in 2011.
The “sharing economy” has been receiving a lot of buzz across popular media, academic and business circles, and local government as well as social enterprises. As the label suggests, the sharing economy is a means of sharing goods, services, ideas, information and skills through a network of individuals, often facilitated through social networks via computers and mobile apps.
As e-commerce sales continue their robust growth, manufacturers, transportation providers, distribution and fulfillment center operators and retailers all are being pressured to modify the retail logistics chain. To meet customer expectations, retailers must have merchandise on shelves for instant purchases as well as in distribution centers for delivery directly to customers. Additionally, retailers need to ensure that their deliveries—both to stores and directly to customers—are predictable and remain cost effective.