Business Summit & Economic Outlook

Brent Finnegan -- February 19th, 2010

Yesterday morning around 200 local business owners, managers, organizers and leaders gathered at First Presbyterian Church to hear a sometimes gloomy economic forecast for the Harrisonburg metro area. The event combined the annual Chamber of Commerce economic forecast with the Harrisonburg Summit on business and the economy.

Liz Povar, speaking for the Virginia Economic Development Partnership, said the economic outlook for the state looks grim. Unemployment is not expected to shrink, and the economy may get worse before it gets better. Povar painted a silver lining by telling the assembly that the state intends to focus on energy: nuclear, wind, and coal. Her office believes that energy is the key to weathering this economic storm.

After the forecast, the majority of the gathering stuck around for the summit. As with the previous four summits, the attendees set the schedule and agenda by facilitating breakout groups, scattered around downtown. Topic ranged from marketing and real estate, to agriculture and community investment. Even I convened a session on how businesses can use blogging and social media to their advantage.

An (incomplete) list of group summaries can be found here.


4 Responses to “Business Summit & Economic Outlook”

  1. Her office believes that energy is the key to weathering this economic storm.

    …because that has worked out so wonderfully for the citizens of West Virginia! …and the multi-national corporations that extract that energy!

  2. mtnsailor says:

    “Google” initiative for demo fiber system–Suggest review of good info about Google’s initiative and very simple way that anyone can “nominate” their City. I just did that for Harrisonburg; only complexity was finding (I used Google) a good U-Tube segment about the pros of City of HBurg (videos from JMU groups available).

  3. mtnsailor says:

    For Google “nomination” for their fiber initiative:

    Its easy & quick to do–and may yield good results!

  4. Leo says:

    nice to see that the working class majority was excluded from this, just the latter day plantation owners discussing how to best squeeze their chattel.

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