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Pittsburg Economic Development Report
By Felicia Lawrence
PITTSBURG, KS.--- "The middle class is growing and the projections say that the number of people that are added to the middle class, are going to increase at a much faster rate in the Pittsburg area, than both in the state and the nation," said Michael Davidsson, PSU Economics Professor.
Which is why PSU's Kelce College of Business is producing a quarterly newsletter, in conjunction with the city, to report its growth.
"Pittsburg is serious about economic development," said Davidsson.
So serious that they have invested a lot of resources in conducting projections, studies and research.
"We get studies, we get information, and then we try to get that out," said Daron Hall, Pittsburg City Manager.
The Pittsburg Micropolitan Area Economic Report serves as a marketing tool for attracting new business to our area. When the city boasts an 8.3% growth in its middle class and more than 152 new businesses added within the last year, City Manager Daron Hall says it's something they must broadcast across the country.
"I want to get it to Kansas City. I want to get it to Oklahoma. I want to get it into Texas," said Hall.
The city manager and economists at Pittsburg State say the latest numbers mean the city is doing something right in expanding its economy.
"That indicates that there is some sort of entrepreneurial spike that is going on in the community," said Davidsson.
The numbers also focus on real estate, the labor force, and the increase in jobs. If you would like to see a copy of the economic report, it can be found at Pittsburg City Hall.