Foreign direct investment in Germany grew by 37.5% in 2023 to €34.8 billion ($38 billion) worth of international business projects, according to Germany Trade & Invest’s annual FDI study.
The new Kansas City International Airport terminal means just as much to Kansas as it does to its neighbor. Plus a look at Panasonic’s megaproject and logistics industry momentum.
In addition to providing reputable projections of global greenhouse gas emissions, Rhodium Group’s investment monitoring activities include its Clean Investment Monitor, which reported late last month, “Clean energy and transportation investment in the United States continued its record-setting growth in Q3 of 2024, reaching a new high of $71 billion. This continues a nearly unbroken quarter-on-quarter growth trend over the past three years, and marks a 12% increase in Q3 of 2024 from the same period in 2023.” The increase was driven primarily by retail sales of zero-emission vehicles. Site Selection first interviewed Rhodium Group Research Director Thilo Hanemann about clean energy and FDI in a 2012 story about Chinese companies wanting to invest in the United States called “Get Out, and Come Back Soon.”
A Fourth of July parade takes place in Mandan, North Dakota.
Photo courtesy of North Dakota Tourism Division
Last week the U.S. Chamber of Commerce Institute for Legal Reform released a new study that finds the costs and compensation paid into the U.S. tort system reached over $529 billion in 2022, which is over $4,200 per U.S. household. Along with the study, the Chamber also released a new 50-state data center that breaks down the hidden costs of lawsuits per household. Delaware, New York, Florida, New Jersey and California are the highest-cost states when measured by tort costs per household, while the lowest costs are to be found in North Dakota, Alaska, South Dakota, Wyoming and Washington, in that order.
PHOTO OF THE DAY
Photo by Andrew Pielage courtesy of The Urban Conga and v2com newswire
The art installation “Molecules” is a series of five interactive water molecules rising up from the Arizona Canal that come to life through the interactions of users and the surrounding environment in Scottsdale, Arizona. The Urban Conga, the Brooklyn, New York-based creator of the art work, says in a release that during the day, “the work responds to the natural light by shifting and changing colors based on the angle in which it is viewed. Each panel takes on the identity of a screen reflecting the motion of the landscape and people passing by … At night, each molecule is illuminated from within by LED lighting that responds to visitors’ voices … Looking across the canal, people can see the conversations from afar as the lights pulsate and change colors based on the volume and tone of their voices.”
