Cost effective data analysis
Job Creation
The number of new jobs created in the community or region is a key indicator of economic growth and vitality.
Business Retention
The number of new businesses started and existing businesses that are retained in the community or region can provide insights into the health and competitiveness of the local economy.
Investment and Capital
The amount of investment and capital formation in the community or region can be an indicator of economic growth and the potential for future expansion.
Workforce Development
The number of residents who are trained and prepared for local job opportunities can be an important factor in attracting and retaining businesses in the area.
Industry Cluster Analysis
Identifying and tracking industry clusters, or groups of businesses that share common inputs, technologies, and markets, can help economic development organizations understand the local business landscape and target their efforts to support specific sectors.
Business Climate
Surveys and other tools are used to track the perception of the local business climate, including factors such as tax policies, regulatory environment, and quality of life factors.
Insights
Regional Competitiveness
Tracking the region's competitiveness compared to other regions can help economic development organizations identify strengths and weaknesses and develop strategies to improve the region's economic performance.
Whether your community needs a complete profile or help identifying key insights, Community Source will help you every step of the way. Our experts and research helps city government build data-driven policy and support. We aim to enable communities of all sizes to foster a positive business environment.