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ERIE COUNTY ECONOMIC DEVELOPMENT CORP. 2015
ANNUAL REPORT
ECONOMIC DEVELOPMENT IS THE SUSTAINED, CONCERTED ACTIONS OF COMMUNITIES AND POLICYMAKERS THAT IMPROVE THE STANDARD OF LIVING AND ECONOMIC HEALTH OF A LOCALITY.
ANNUAL REPORT ERIE COUNTY ECONOMIC DEVELOPMENT CORP. ECONOMIC - - PowerPoint PPT Presentation
ANNUAL REPORT ERIE COUNTY ECONOMIC DEVELOPMENT CORP. ECONOMIC - - PowerPoint PPT Presentation
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
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What is happening?
A A nationa ional persp spective ective
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NATIONAL TRENDS
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Slow Horizon
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Global Landscape
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The Knowledge Economy
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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
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By 2013, that figure has risen to 30%
In 1959, the combined value of US imports and exports amounted to less than 9% of the country’s GDP.
Source The World Bank
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The new economy is increasingly digital and information driven.
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What does this mean?
A A local al persp spec ective ive
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KEY AREAS
1 Skills 2 Opportunities 4 Infrastructure 3 Business Climate
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4 KEY AREAS 2015
4 STRATEGIES
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REGIONAL
SKILLS
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VISUAL
Regional Workforce Coalition – EDOs
Erie, Huron, Lorain, Ottawa, Sandusky, Seneca Counties- 150 Erie County Students participate
in October Career Exploration Day
- 125+ area business leaders attend
- 17 Erie County companies assisted
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VISUAL
get
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ENTREPRENURIAL
OPPOR TU N ITIES
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41 Appointments 110 Clients Served
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COLLABORATIVE
BU SIN ESS C LIMATE
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Collaborative Business Climate
- Established Erie County
Economic Development Task Force
- 3rd Annual Business
Appreciation Week
- 10+ Organizations
- 60+ Business Visits
Local Government Staff
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CREATIVE
IN FR ASTR U C TU R E
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Creative Infrastructure
Energy Special Improvement District Foreign Trade Zone 8
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50 MILLION CAPITAL INVESTMENT
$
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Carrington Arts
Arts & Entertainment
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- 1.0%
PROJECTED OVERALL JOB GROWTH
NEO Erie
Source EMSI SLIDE 23
THANK YOU
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NIKKI LLOYD
SANDUSKY CITY COMMISSIONER PHARMACIST OWNER, VOLSTEAD BAR AND HOTEL KILBOURNE
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JULIE BARNES-FOSTER
BARNES NURSERY INC.
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D.J. SWEARINGEN
WICKENS, HERZER, PANZA, COOK & BATISTA CO. NORTH COAST YOUNG PROFESSIONALS
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ECONOMIC DEVELOPMENT 2015
ANNUAL AWARDS
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BUSINESS PIONEER
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Recognizes individuals, companies or organizations that have demonstrated outstanding business inspiration and ambition.
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DEAL OF THE YEAR
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Recognizes a business that values Erie County as a strategic location and organizations supporting their investment. SLIDE 30
VISIONARY LEADERSHIP