Recent statistics indicate that Licking County's economy continues to maintain, and gain, strength. What we're observing is how, and where, those statistics converge with reality. Recent projects reinforce the "ripple effect" of a strong, diverse, economic base and the added community value of new investment.

Licking County's Unemployment Rate dropped, consistently, over the course of 2013. December's rate of 5.9% was .6% lower than the November rate (6.5%), and represent the lowest unemployment figure for 2013, besting the previous lowest level (6.3%, in April).

This is even more important and positive news for our community, when viewed in a broader context.  Licking County's reported Employment (80,400) is the 4th highest level reported since January, 1970. It is worth noting that this is also the 4th highest level of employment this calendar year; reinforcing the consistent strength of our community's economy. 

Where these numbers converge with reality is where our community's efforts in economic development become even more positive and hopeful. Recently, we've shared news about a number of new investments being made in Licking County. One primary, obvious benefit of these projects is the creation and retention of job opportunities. A less obvious, but equally important benefit, is the relationships that can be leveraged.

We have been asked, by several of the companies investing in our community, for information on a variety of service providers and supply-chain partners. Our ability to refer and identify local service providers and manufacturers, across a wide range of disciplines, helps us in the recruitment of these clients. It also helps initiate the business relationships that are evolving, between existing businesses and companies new to our community. It is a trend that we hope to see continue, and expand, as we work - together with our community partners locally and regionally - to help leverage and secure new business investment in our community, for our community.