“Economic strength is the long term tendency for an area to consistently grow in both size and quality.”
POLICOM specializes in studying the dynamics of local economies. From its research, it determines if an area is growing or declining, what is causing this to happen, and offers ideas and solutions to communities to improve the situation.
POLICOM addresses the condition of an economy from the viewpoint of the economy’s impact upon the “standard of living” of the people who live and work in an area. The economic strength rankings are created so POLICOM can study the characteristics of strong and weak
economies. The highest ranked areas have had rapid, consistent growth in both size and quality for an extended period of time. The lowest ranked areas have been in volatile decline for an extended period of time.