The Portland Community Chamber of Commerce (PCC) actively advocates for improvements within the City of Portland. Near the end of 2012, we released our third Portland Economic Scorecard, which is an annual assessment of economic health in Portland and our entire region. This scorecard helps us to develop and build a strong foundation and address problems which may be road blocks to economic vitality. In 2011, the PCC worked closely with the city and other organizations to create Portland’s first official economic development plan. This important document has become the touchstone for the mayor and the city council as it considers its efforts in this area. The Portland Community Chamber of Commerce also works to make sure that this plan receives the active support of the community. Click here to read more about Portland.
In 2007, the Portland Community Chamber released “Looking Out for Portland and the Region,” which examined our economy in ways that hadn’t been done before. That report became the touchstone for many successful economic development initiatives. This Scorecard remains one of those accomplishments. Every Scorecard begins with the data we need to analyze the strengths and weaknesses of our economy. We compare ourselves to Maine, New England, the U.S. and a set of benchmark cities from around the country that best resemble us. We set goals for excellence, and we measure our progress toward these goals, both annually and over time.
Each Scorecard is a tool for understanding how Portland is performing economically and what’s needed to keep our City and our region strong. And sometimes, like this year’s report, what we find out is worryingly different than what we read in the press or hear on the street. To put it simply, we’ve found that Portland’s boom conceals some difficult and troubling realities. We remain a wonderful place to live and work, but out economic foundations need immediate attention.