115 N. Castle Heights Ave.
Suite 102
Lebanon, TN 37087
P 615.443.1210
Joint Economic and Community Development Board of Wilson County

Nothing is Permanent but Change

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I suspect that each of us has heard in some form the quote above which is credited to the Greek philosopher Heraclitus.   I believe that it is especially appropriate in closing the year 2010 and entering into 2011.  Major changes occurred in Wilson County in 2010, especially in the arena of Wilson County politics.   Because of these changes I wanted to take a moment to express our appreciation to those that provided guidance, direction and support.  The changes occurred in offices of mayors, state representatives, and city and county councils/commissions.  Many had provided years of service and support and contributed greatly to the past successes of Wilson County. On behalf of the JECDB, we thank you.

The economy also continued its “change” in 2010.   Although not the banner year of a few years ago, our community experienced sales tax growth.   Our clients described their interest with great “patience”.  They detailed how they worked hard to weed out their inefficiencies, improve products and reduce cost.  In many cases companies increased their reserves and are now deciding to pay dividends, reinvest in their companies, or improve their market position.

I believe that companies today are beginning to feel more confident.  And while consumer confidence will drive the major consumables, such as transportation and housing, we should not forget that the United States is still a good long term potential market.  Most economies see some short term growth in our service and manufacturing industries.   However, the lack of confidence in financial institutions, the government and the future in some regards, continue our stalled position. This high degree of uncertainty paralyzes consumer confidence.

Our hopes and beliefs are that 2011 will be the time that we return to greater growth and opportunities.  If the year 2010 was described as “patience” then 2011 might be described as “opportunity”.   We will continue our efforts, and once again, a sincere thank you to all those who have helped in the past and to those who will do so in the future.

 

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