A new report released by the Marion-Grant County Chamber of Commerce paints an optimistic view of the region’s economic base.
The chamber, sourcing data from the Bureau of Economic Analysis, says the county’s gross domestic product rose more than 11% between 2017 and 2018.
Grant County was one of three counties statewide to see a double-digit increase in GDP, according to the chamber.
“This recent economic growth can be attributed to local businesses actively investing not only in their own facilities and equipment but in the community around them,” said a Marion-Grant County chamber news release.
The chamber says businesses are expanding product lines, meeting market demands and deploying new growth strategies, resulting in increased sales and hiring rates.
“It is encouraging to see that everyone’s hard work has created results that benefit Grant County businesses and residents,” said Gas City Mayor Bill Rock.