Shoals Area Jumps Ten Percent in 2014 Economic Strength Rankings for U.S. Metropolitan Areas

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shoals chamber of commerceTHE SHOALS – POLICOM Corporation, an economic analysis organization, ranked the Florence/Muscle Shoals area 276 out of 381 metropolitan areas for economic strength – a ten percent jump in comparison to 2013.

POLICOM Corporation releases annual Economic Strength Rankings for both metropolitan and micropolitan areas. According to its study, “the highest ranked areas have had rapid, consistent growth in both size and quality for an extended period of time.”901BANNER

Ten years ago, the Shoals area was ranked 357 out of 361 metropolitan areas in the United States. “We had a lot of room to grow,” said Shoals Chamber of

Commerce President Steve Holt.
Last year, the Shoals ranked 302 out of 366, a 1:82 ratio. This year, that ratio is 1:72. “That’s 10 percent higher than where we were this time last year,” explained Holt. “I believe with the help of the community’s new plan, The Rhythm of Commerce: Turn it

Steve Holt

Steve Holt

Up!, the Shoals is poised to rise even higher in the ranking for next year.”
The Rhythm of Commerce: Turn it Up! is a five-year plan set forth by the Shoals Chamber of Commerce and adopted by the Shoals community. Based on a 2.5 million dollar investment by Shoals Chamber partners, the plan is designed to promote economic growth and the well-being of the Shoals community. The plan focuses on five key areas of economic growth: Education and Workforce Readiness; Entrepreneurship and Innovation; Public Policy, Advocacy and Activism; and Investor Relations and Marketing.
“We hope to keep moving up from here,” said Holt. “Our investors believe in this plan. This community believes in this plan. We are determined to deliver on the promises we’ve made. That means our economic strength should only get stronger from here.”

MEDIA RELEASE/Shoals Chamber of Commerce/Chelsea Kauchick, Director of Membership & Marketing

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