Volume 7: Issue 3

It’s no secret that local and state governments are under tremendous budget pressures throughout our state and country. Weak housing markets, lower tax collections, reduced consumer spending, increased fuel costs, additional educational demands and rising health care costs are causing many governments to buckle. What I believe is most important is how our state and local governmental bodies are handling these difficult times. As an economic development identity, I thought it might be appropriate to provide some comments concerning these events.

Just like investing, the best time to seek new investments is during these down times. Now is the best time to help our local companies become more efficient and if possible to increase their market share. These were the messages presented to the Wilson County Human Resource Association and the Wilson County Existing Industry meetings in June as we discussed new programs/opportunities in training and assistance. The ole adage of "if you wait for the robins, spring will be over” is relevant today.