Why regional economies matter
Monday, March 02, 2015
Many business-owners make the mistake of considering their opportunities in a silo. The fact is that every business, service and manufacturing alike, is interconnected by a complicated web of regional factors: Employees aren’t simply bodies on the line—they are people with unique needs for childcare, housing, and a quality of life concerns. Your customers are also employees at another business, perhaps just down the block.
Combining all these factors is what makes up the regional economy. And it can only be as strong as the weakest link. At Gage Area Growth Enterprise (NGage), we keep a close watch on our regional economy, which includes more than 376,723 in our labor market population, including adjacent counties, and hundreds of businesses. You can learn more about our quality of life and economic vitality here: http://ow.ly/BvQcf.