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From the Mayor - INFOCUS - December 2012
Holidays Brighter in Goodyear as Economy Begins to Buzz Each year, economists and merchants alike look to holiday shopping sales receipts as an indicator of the health of the economy. They begin to predict the plans of holiday shoppers well before the first chilly day of Fall telling us what we will or won’t do when it comes to spending money on holiday gifts and goodies.
But here in Goodyear, we don’t need an economist in New York City to tell us how things are going in our city. We only need to look at all of the businesses opening and houses under construction to know that our economy is starting to buzz once again.
The optimism of big and small business owners says a lot about where they think we are headed. The numbers are very encouraging. Since January 2011, some 263 businesses have opened their doors in Goodyear, resulting in a net gain of 82 new retail outlets over the last 22 months.
Small businesses are the lifeblood of our city. They have helped us weather this storm with jobs, sales tax revenue and the confidence that lifts our spirits when new companies open their doors to customers.
We all know that when people feel good about the economy, we all win. Money is spent. Investment dollars flow. And jobs are created. It’s a wonderful cycle.
Speaking of jobs, they too are popping up all over Goodyear. And our larger employers are leading the way. Many companies like Aeroturbine, AZZ Galvanizing and Cancer Treatment Centers of America are expanding, adding hundreds of jobs to the mix. Based on the number of inquiries that come into the City each week from interested companies, 2013 is looking pretty good too.
Of course, getting people back to work allows them to get that long-awaited mortgage for a new home or existing house that better suits their needs. Housing permits are showing an increase this year over last year, and are on pace to top 1,000 permits issued for the first time since 2007.
Indeed, we see all around us the growing confidence in Goodyear’s economy. The jobs, the investments and the new home permits have combined to make the holiday season bright no matter the economists’ predictions. Shoppers hitting our stores in droves would only be the bow on an already awesome holiday present.