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Western MA Business Community

LocalPro

Key Business Metrics: For government officials

Local unemployment rate

%

State

Total Businesses

GDP and economic output

State

New Businesses

New Businesses vs Closed

%

State

Closed Businesses

    • Local unemployment rate: Split by industry if possible.
    • GDP and economic output: By sector/industry.
    • Number of new businesses registered vs. number of closures.
  • Sales tax and other business-related tax revenues: Trends over time.
  • Import/export data: Especially for regions with significant trade.

    Business Sentiment and Feedback:

      • Quarterly or annual business sentiment surveys: How do businesses feel about the current economic and regulatory environment?
      • Business concerns/issues: Aggregated and anonymized feedback.

    Regulatory and Policy Documents:

      • Existing business regulations: Hyperlinked to official texts.
      • Proposed legislation affecting businesses: With a brief summary and status.
      • Whitepapers or research on the impact of policies on the local business ecosystem.

    Infrastructure and Development:

      • Infrastructure project updates: Any major projects that could impact businesses.
      • Available commercial zones, parks, or hubs: With facilities and benefits highlighted.

    Infrastructure and Development:

      • Infrastructure project updates: Any major projects that could impact businesses.
      • Available commercial zones, parks, or hubs: With facilities and benefits highlighted.

    Financial Data:

      • Grants, loans, and incentives: List with application details and success stories.
      • Investment data: Details about major investments in the region, public or private.

    Training, Education, and Workforce:

      • Talent pool analysis: Education levels, skills available, and areas of shortage.
      • Details about business training or mentorship programs.
      • Collaborative programs: Between educational institutions and businesses.

    Networking and Collaboration:

      • Local business events: Calendar, outcomes, and partnerships formed.
      • Profiles of major business associations or chambers of commerce.

    Sustainability and Corporate Social Responsibility (CSR)

      • Local business sustainability initiatives: Both private and public.
      • CSR activities and their impacts: Especially those in collaboration with the government.

    External Links:

      • Link to federal, state, and local economic development agencies.
      • Other business data repositories or research institutes.
      • Local news outlets: For politicians to keep an ear to the ground.

    Reports and Research:

      • Economic forecasts: For the region and how it compares nationally.
      • Special reports: On business trends, challenges, and opportunities.
      • Case studies: Success stories, business turnarounds, or best practices adopted.
      • Interactive Tools:
        • Business impact calculator: To see the potential effect of new policies or regulations.
        • Comparative tools: To compare the local business environment with other regions or states.