Commissioner Adams would like task how we should define economic success [1] for Portland and the region? This is a draft list of indicators of a successful regional economy that our office and a team of advisors compiled. We want to know, what goals matter most to you?

BUSINESS SUCCESS GOALS

• LEAD GOAL: Business climate.
  Local business confidence survey  meets or exceeds national business confidence survey rating.   
• GOAL: Business viability.
  Local business profitability meets or exceeds national average.   
• GOAL: Business competitiveness.
  Job Creation, measured by rate of local business growth exceeds national average - and/or Percentage of local jobs added per 1,000 population exceeds national average.   
• GOAL:  Economic equality.
  Minority and women business ownership matches percent of minority and women in local population.   
• GOAL: Economic sustainability.
  Percentage growth rate in the number of local sustainable business exceeds national growth rate, and/or Maintain lead in LEEDS certified projects. 
• GOAL: Business innovation climate.
  Maintain 10 percent lead in Bachelor’s Degrees and higher held by 25+ year olds and/or Increase from 33rd to 10th Portland--Vancouver, OR--WA PMSA’s ranking for the total number of degrees conferred (Bachelor's and Higher) and/or  Increase from 15th 10th Portland--Vancouver, OR--WA PMSA’s ranking for the number of utility patents issued to companies or individuals per 1,000 workers.   
• GOAL: Other.

INDIVIDUAL AND FAMILY PROSPERITY GOALS

• GOAL: Family income.
  Local median family income of $63,300 matches median family income of $70,000 for western U.S. Metropolitan Statistical Areas. (U.S. Census Bureau, updated 2005 ACS)
• GOAL:  Reduced Unemployment.
  Unemployment for all residents matches for western U.S. Metropolitan Statistical Areas.
• GOAL:  Health Care Coverage.
  100 percent health care coverage (Multnomah County Health Dept).
• GOAL: Educational Achievement.
  8th grade test scores, and/or high school completion (Oregon Dept of Education).
• GOAL:  Neighborhood Livability.
  Percentage of local residents rate their neighborhood livability as “good” or “Very Good”.
• GOAL: Other.

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