Services Departments Government

From: Edward Nieto, Clackamas County Business and Community Services, 503-742-4334

04-09-15

Clackamas County

Media and Interested Parties

Clackamas County named to national top 10 list for attracting modern investment, people

A national economic development consulting firm ranks Clackamas County fourth in the nation for being "ideally positioned to achieve sustainable economic growth" while attracting modern investment and people. Fourth Economy Consulting proclaims that "Clackamas County boasts a quality of life that many counties of its size envy."

This particular Fourth Economy Community (FEC) Index rates U.S. counties with populations between 150,000 and 499,999 people. Clackamas County, which has more than 388,000 residents, is the only county in the West to make the index’s top 10 "Large-Sized Counties" category.

Clackamas County received high scores in the FEC Index’s five categories: investment, talent, sustainability, place, and diversity. The index suggests these categories serve as a foundation of future economic success. Specific indicators used to determine rankings include: wage and employment growth, education levels, drive times, home values, minority business ownership, alternative measures of employment/entrepreneurship and population density.

"This recognition reflects what businesses in the region already know - Clackamas County is a proud partner with private enterprise to create jobs and spur economic growth in the private sector," said Clackamas County Business and Community Services (BCS) Director Gary Barth.

Fourth Economy praised Clackamas County for understanding "that continued growth and sustainability need to be supported by a positive business environment." A county’s ability to improve resiliency in its communities for possible future economic fluctuations was also a factor in the judging process.

The County also scored highly for "being proactive in developing local broadband infrastructure for the modern economy." Since 2013, the County-initiated Clackamas Broadband Express (CBX), a fiber ring that links rural and urban parts of the County, has successfully converted to a self-sustaining utility service with revenue based on affordable rates for public and private agencies. CBX was developed with a Broadband Technology Opportunities Program grant.

The entire FEC Index for large-sized counties can be viewed at www.fourtheconomy.com, along with other indexes for mega-sized, mid-sized and small-sized counties.

For more information, media may contact Clackamas County Business and Economic Development Manager Catherine Comer, 503-742-4303 or ccomer@clackamas.us, or visit www.clackamas.us/business/.

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