2015 ANNUAL REPORT ERIE COUNTY ECONOMIC DEVELOPMENT CORP.
“ ECONOMIC DEVELOPMENT IS THE SUSTAINED, CONCERTED ACTIONS OF COMMUNITIES AND “ POLICYMAKERS THAT IMPROVE THE STANDARD OF LIVING AND ECONOMIC HEALTH OF A LOCALITY.
{ } 1 What is happening? A A nationa ional persp spective ective
NATIONAL TRENDS 1 Slow Horizon 2 Global Landscape 3 The Knowledge Economy
During the 1960s, the US per capita income growth rate averaged 3.48%. Compared to 1.21% in the 2000s Source US Department of Commerce
In 1959, the combined value of US imports and exports amounted to less than 9% of the country’s GDP. By 2013, that figure has risen to 30% Source The World Bank
The new economy is increasingly digital and information driven.
{ } 2 What does this mean? A A local al persp spec ective ive
KEY AREAS 1 Skills 2 Opportunities 3 Business Climate 4 Infrastructure
2015 4 STRATEGIES 4 KEY AREAS
REGIONAL SKILLS
Regional Workforce Coalition – EDOs Erie, Huron, Lorain, Ottawa, Sandusky, Seneca Counties • 150 Erie County Students participate in October Career Exploration Day VISUAL • 125+ area business leaders attend regional event “Welcome to the Generational Talent Jungle” with John Grubbs • 17 Erie County companies assisted with workforce planning and development
get VISUAL
ENTREPRENURIAL OPPOR TU N ITIES
41 Appointments 110 Clients Served
COLLABORATIVE BU SIN ESS C LIMATE
Collaborative Business Climate • Established Erie County Economic Development Task Force Local 3 rd Annual Business • Government Staff Appreciation Week • 10+ Organizations • 60+ Business Visits
CREATIVE IN FR ASTR U C TU R E
Creative Infrastructure Energy Special Improvement District Foreign Trade Zone 8
$ 50 MILLION CAPITAL INVESTMENT
Carrington Arts Arts & Entertainment
PROJECTED OVERALL JOB GROWTH 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% -1.0% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 NEO Erie Source EMSI
THANK YOU
NIKKI LLOYD SANDUSKY CITY COMMISSIONER PHARMACIST OWNER, VOLSTEAD BAR AND HOTEL KILBOURNE
JULIE BARNES-FOSTER BARNES NURSERY INC.
D.J. SWEARINGEN WICKENS, HERZER, PANZA, COOK & BATISTA CO. NORTH COAST YOUNG PROFESSIONALS
2015 ANNUAL AWARDS ECONOMIC DEVELOPMENT
“ “ BUSINESS PIONEER Recognizes individuals, companies or organizations that have demonstrated outstanding business inspiration and ambition.
“ DEAL “ OF THE YEAR Recognizes a business that values Erie County as a strategic location and organizations supporting their investment.
“ “ VISIONARY LEADERSHIP Recognizes a leader or citizen whose visionary contributions have broken social, political, or economic barriers, whereby opening doors and setting a new course for Erie County.
Recommend
More recommend
