Last year, the Wilmington Chamber of Commerce’s flagship initiative, Cape Fear Future, produced a new Regional Economic Scorecard intended to help business and community leaders and elected officials make decisions concerning factors that affect Wilmington’s economic health. On November 16th, the second annual Regional Economic Scorecard was unveiled, providing new benchmarks for our region against peer regions using hard data, and showing how we have improved or slipped in key areas of economic development. The publication is not a marketing tool. It is an objective assessment of where we excel and where we have challenges which need to be addressed.
Knowing where we stand as we compete for human capital, traded sector jobs, entrepreneurs and innovative activity is key to our region’s future, especially in attracting and retaining a skilled workforce and businesses. Development of the 2nd Annual Scorecard was undertaken by the Cape Fear Future board and Chamber staff. The research, conducted by UNCW’s Dr. Adam Jones, reflects data collected from New Hanover, Pender and Brunswick counties. The Scorecard measures the progress of key areas of economic development outcomes, human capital, innovation and entrepreneurship.