ECONOMIC DEVELOPMENT
Resilient communities are characterized by their involvement in a diverse array of products and services that are both produced in and available to the community. Diversity in production and employment is linked to a community’s ability to substitute goods and services and shift employment patterns as the situation demands. The PEOPLES Resilience Framework incorporates three illustrative subcategories within this dimension: Industry – Production, Industry – Employment Distribution, and Financial Services.Primary indicators of this dimension include the proportion of the population that is employed within the various industries, and the variability that might characterize a community’s industrial employment distribution. This dimension is closely interconnected with the Population and Demographics dimension. For example, key indicators of economic development beyond employment and industry distribution include literacy rates, life expectancy, and poverty rates. Disaster-specific indicators related to economic development include extent of evacuation plans and drills for high-occupancy structures, adequacy of plans for inspecting damaged buildings following disasters, and adequacy of plans for post-disaster commercial reconstruction (Tierney, 2009).What do we measure
- Production and consumption of primary goods
- Economic activity standpoint
- Economic development standpoint
- Diversity of economic activity of the community
- Employment
- Financial services
Stakeholders
- Local, state, federal government
- Financial service institutions
- Producers
- Distributors
- Transportation industry
Are you a stakeholder? Join us to make your community resilient!
