Leading North Shore businesses help mould economy

Leading North Shore businesses help mould economy

North Shore businesses who significantly contribute to the local economy are helping predict future economic growth trends for the region.

Enterprise North Shore, in association with Market Economics Limited, has identified a select circle of businesses as major economic players in the region, based not just on number of employees and annual turnover but also factors that magnify their contribution for the local economy.

Information about these business will be used to update the 2010 edition of the Economic Futures Report - an in depth analysis of the region’s economy designed to assist businesses make critical strategic decisions.

Chief executive Terry Hoskins Enterprise says Enterprise North Shore supports enterprises in return for their commitment to contribute to sustainably grow the local economy and employment opportunities.

“Select circle businesses, while only accounting for 1.3% of businesses on the Shore, create almost 30% of employment. These businesses contribute immense economic value to the Auckland economy, so it’s vital that they are included in economic modelling.

“Extending research into this field will ensure activities are suitably directed and effective.”

The 2010 Economic Futures Report will be presented at Enterprise North Shore’s annual Economic Summit on 24 February 2010.
 
Any North Shore company not contacted by Enterprise North Shore about the select circle that believes they contribute significantly to the local economy should visit: www.ens.org.nz/selectcircle

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