Economic and Community Development
Chambers... Still on Top
It’s like deja vu. Late last spring I wrote a blog post praising chambers of commerce and their affiliates for dominating the list of top performing economic development groups. A year goes by and I’m writing practically the same blog post.
- Austin Chamber of Commerce
- Baton Rouge Area Chamber
- Economic Futures Group at the Spartanburg Area Chamber
- Metro Atlanta Chamber
- Mobile Chamber of Commerce
- Pittsburgh Regional Alliance
- Siouxland Initiative at the Siouxland Chamber of Commerce
- Southwest Louisiana Economic Development Alliance
That’s right folks, 8 out of the top 10 economic development groups in the country are chambers of commerce or are affiliate entities housed at chambers. The dominance continues in the second 10 where half are chambers of commerce or similar private sector lead regional entities.
- Cincinnati USA Partnership
- Dallas Regional Chamber
- Greater New Orleans Inc.
- Indy Partnership
- Nashville Area Chamber
What’s the basis for all this recognition you ask? Well it’s pretty rigorous. Here’s how Site Selection describes the ranking process:
“As in past years, the top performers were evaluated on a variety of criteria, with four objective measurements counting the most: jobs, capital investment, jobs per capita, and investment per capita. In addition, Site Selection looked at creativity of economic development strategy; depth and breadth of project activity; ability to generate breakthrough deals; and the ability to properly document the contributions of the economic development organization to actual project results.”
Objective criteria, creative innovation, breakthrough deals and documented leadership… if you want to model the best in economic development, you have to look at chambers.