I want to bring attention to the 2012 Regional Economic Scorecard that was done through the Greenville Chamber of Commerce. They compared Greenville and the Greenville area to other comparable locations. One of the biggest points that the study makes is that Greenville has undergone a large decline in per capita personal income over the past decade.
That our individual incomes have decline is no surprise to anyone. That it declined compared to other regions is a concern that we need to address. It is studies like this that helps us identify what we need to address. Now the concern is do we have leaders that will notice and step up to take the steps that are necessary to help us make up the ground we have lost.
The study estimates that if we were able just to stay even with the national average, we would have an additional $11.1 billion in spendable income for the local area. that is a lot of peaches and tomatoes.
In 2010, which is the last data available, we did show a small upturn. Now we need to determine what caused it and how to ensure it continues.
thank you Leadership Team who