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Research to show economic trends and business opportunities in the Northland

Wednesday, November 20, 2013

Article by Northland's NewsCenter

A major research program in the Northland will soon provide measurements and analyses' of our region's economic trends and business opportunities.

The goal is to spur economic growth and development throughout the Arrowhead region.

A "Regional Economic Indicators Forum", will be held in the Twin Ports every six months, to present the findings of economic development in 15 counties across northeast Minnesota and northwest Wisconsin.

"It will measure the attitudes of local businesses and their hiring plans and their capital expenditure plans," said Robert Hoffman, an assistant professor at the College of St. Scholastica.

The National Bank of Commerce is funding the research for the program, which is being gathered by experts from three Duluth-Superior universities.

"It kind of showcases the power that the universities have to drive change in their communities, and to drive economic development through applied research," said Renne Wachter, chancellor at the University of Wisconsin - Superior.

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