Vision Shared Releases 2011 WV Economic Performance Study

Edited from a Press Release

CHARLESTON, W.Va. - Despite improvements there is a great deal of work left to do in West Virginia according to Vision Shared's 2011 Performance Measures Report. The report, which has tracked the states progress in key economic indicators since 2005, is now available on online at http://www.visionshared.com/pdf/performance.pdf.

The 2011 Performance Measures Report provides background information on Vision Shared's four focus areas: education, research and commercialization, workforce development, and entrepreneurship. The report also assess West Virginia's progress in achieving the objectives outline in an implementation plan developed by Market Street Services and released by Vision Shared in 2001. The original plan indicated a need for economic development performance measures to gauge the progress of West Virginia along with consistent tracking of these measures.

The report indicates improvement in West Virginia's position in 33 of 55 benchmarks. Most notable is West Virginia's improvement in Workers Compensation Index Rates; now well below the regional average. Other highlights include West Virginia's low unemployment rate when compared with national levels; the high level of manufacturing capital investment per worker in the state; and growing GED attainment rates among adults in the state.

"With the support of our board and volunteer committees, Vision Shared continues to proactively promote partnerships in improving West Virginia's position in areas defined by the report," said Rebecca McPhail Randolph President/CEO of Vision Shared. "We are encouraged by West Virginia's progress and anxious to be a part of addressing the challenges ahead."

For more information contact Rebecca McPhail Randolph at 304-767-5189. Print copies of the report are available by request.

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