How To Recession-Proof your Economic Development
13 Mar 2023
As an economic developer, you understand that economic recessions can wreak havoc on local businesses and communities. These times of economic uncertainty cause businesses to shut down, people to lose jobs, and local economies to crumble. However, with the right strategies, you can recession-proof your economic development efforts and ensure that your community remains resilient and prosperous even during tough times.
Uncertainty is scary and challenging. Hearing stories of the struggles people face during difficult times darkens the soul. But economic developers are the leaders for communities, and economic development leadership strengthens communities. You have the ability to promote your community now and in the future to build a workforce and attract the next employer.