NEWS BLIPS
Elkhart/Goshen Listed Among Top Small Cities For Business Owners
Editor's Note: This news item was retrieved and first published through ABC 57 News' website.
GOSHEN, Ind. – A new study ranks the Elkhart-Goshen area as one of the best small cities for businesses in the United States. The report looked at the business climate in U.S. cities with populations between 50,000 and 250,000, and analyzed seven variables including a city’s regional price parities, job creation rates, per capita income, percentage of the young population with a Bachelor’s degree or above, the median earnings of 25+ year olds with a Bachelor’s degree, unemployment rates, and total sales/ number of midsize firms per capita.
According to the ABC News article, Elkhart-Goshen was listed as the 9th best small city for current and future business owners. Elkhart County’s 3.4 percent unemployment rate and the high number of midsize companies reporting large revenues were reasons why the area was placed ninth. “Goshen, Elkhart, Elkhart County has a long spirit of being very entrepreneurial,” said president of the Goshen Chamber of Commerce Nick Kieffer. He thinks the area needs to continue focusing on land development and creating amenities that make life outside of work enjoyable to continue economic growth and placing high on lists like this.
More information on the study can be found here.