1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Amazons HQ2 and Economic Development: Perspectives and Policy Options Michael H. Cecire Analyst in Intergovernmental Relations and Economic Development Policy March 8, 2019 In February 2019, facing political and public opp
2、osition, 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 jo
3、bs 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. Amazons announcement followed an approximately year-long pr
4、ocess in which over 238 localities competed to attract HQ2. Overall, reactions to Amazons initial announcement were mixed, reflecting contrasting views of economic development prioritizing economic growth on the one hand, and social welfare on the other. While proponents of the Virginia and New York
