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November 15, 2018

Will it pay off for Amazon HQ2 winners?

  • Amazon's final selections suggest that subsidies and giveaways probably weren't needed: Other places offered much more.
    • By CHRISTOPHER RUGABER
    AP Economics Writer

    WASHINGTON — The awarding of Amazon's second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost?

    Amazon's decision will bring to Arlington, Virginia, and the Long Island City section of New York a combined 50,000 jobs and $5 billion in investment over the next two decades.


     
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