{"id":61917,"date":"2023-02-20T06:00:00","date_gmt":"2023-02-20T14:00:00","guid":{"rendered":"http:\/\/www.kentreporter.com\/local-marketplace\/economic-equity-is-foundational-for-growth\/"},"modified":"2023-02-20T06:00:00","modified_gmt":"2023-02-20T14:00:00","slug":"economic-equity-is-foundational-for-growth","status":"publish","type":"post","link":"https:\/\/www.kentreporter.com\/local-marketplace\/economic-equity-is-foundational-for-growth\/","title":{"rendered":"Economic equity is foundational for growth"},"content":{"rendered":"\n\t\t\t\t
Data can be used as a powerful tool to address the business resiliency of a community. The Greater Federal Way Chamber<\/a> issued an Economic Equity Assessment <\/a>to better understand economic conditions such as the distribution of industry,<\/a> small business clusters<\/a>, gender and racial disparities,<\/a> and the unique challenges faced by businesses within their sectors.<\/p>\n\t\t\t\t Data, however, will only tell part of the story. The statistics in the Equity Assessment show that disparities exist, and while data alone does not tell us how we can address disparities, it can serve as a tool to direct future conversations in the community.<\/p>\n\t\t\t\t “At the Chamber, we work to enhance growth by identifying areas in which Federal Way business is performing well and others where the local economy<\/a> and specific populations face persistent challenges,” said Chamber CEO Rebecca Martin, CCE. “How do we enhance growth for strong business clusters? What are the barriers to business success?”<\/p>\n\t\t\t\t