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The Roane Alliance’s 2011 annual report shows that Roane County continued to be cushioned from the worst of the economic downturn with “a whole lot to be proud of and plenty to be thankful for.”
“The year 2011 began with high hopes and great expectations at the prospect of finally seeing the backside of the global economic downturn that had hung on way too long,” said Leslie Henderson, The Alliance president and CEO. “As the year went on, though, it became clear that this recovery was not going to be a quick and easy one.”
The county was cushioned from the worst of it, Henderson said, “thanks to the stimulus dollars that came into Oak Ridge through the downturn, the strength of our existing industrial and commercial sector, and the continuing hard work and dedication of The Alliance staff, volunteers and board members.”
Some of the positive indicators in the report include:
• Per capita income growth continued to increase at a healthy rate in Roane County in relation to other counties in the state, and especially compared to the state’s and the nation’s rate which during the same time showed decreases of some 2.5 percent.
• Roane County’s unemployment rate continued to be among the lowest in the state.
• Four new big name businesses — Goody’s, Big Lots, Tractor Supply and Little Caesar’s — opened their doors.
Henderson said the report is a combination of a “snapshot of Roane County’s economy” and an in-depth view of some of the Alliance’s “most active and successful programming.” The full report is available at www.
The Alliance is Roane County's economic development organization and consists of both public and private organizations, including the Roane County Chamber of Commerce, the Roane County Industrial Development Board and the Roane County Visitors Bureau.