Retain and support existing employers and job growth, grow target sector employers and entrepreneurs, and work to attract a greater diversity of employers and employees.
Number of Businesses
Story Behind the Curve
The number of businesses has increased since 2010 and has surpassed 2008 levels, indicating recovery from the economic downturn. This indicator measures the number of registered businesses in Chittenden County.
Why Is This Important?
An increase in the number of businesses can lead to a healthy economic climate. More businesses means more competition which is typically a driver of innovation. Business growth is essential for creating vital jobs and strengthening a community’s economy.