2013 Portland Economic Scorecard

| February 23, 2013 | 0 Comments

The Portland Community Chamber and the Portland Development Corporation have been working hard to understand the overall economic vitality of the region and develop metrics to illustrate areas of strength as well as areas that need attention.

Economic Scorecard 2013This month the third Portland Economic Scorecard has been published. The study measures 31indicators of economic performance, such as employment, income, education, housing and taxes. It  ranks whether Portland is exceeding, keeping pace or lagging behind peer cities in Maine, New England and across the country. This year, it showed changes in 16 of 31 categories from last year’s survey that were split evenly between gains and losses.

This year’s report included the addition of one new category – crime rate. Another category, which was added last year — employment growth in key sectors  — was split into two separate measures assessing employment growth in different areas.

That change showed mixed results. Regional job growth in the science and business fields (biomedical and life sciences, information technology and business and financial services) lagged behind peers while job growth in arts, entertainment, recreation and tourism excelled.

You can view the entire report at: Portland Economic Scorecard 2012-2013.

Category: Business, Portland

About the Author ()

Along with my wife and partner Laura, we moved to Maine in 2000, after living in many areas of the United States & Europe, including NYC, Chicago, Dallas, Atlanta and Belgium. We love Portland and are proud to call it home. Our passion is real estate, and we currently own the company Maine Home Connection, providing personalized online home buying & selling services.

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