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Addison County Economic Report: Region sees opportunities, with obstacles

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Photo: The Addison County Chamber of Commerce is having a busy summer. Along with preparing for festivals in Vergennes and Bristol, the chamber is launching the Middlebury Car Show and Fall Festival in October. Shown are photos fromVergennes Day last year. Courtesy photo.

As the economy attempts to speed ahead post-pandemic, a lack of housing, workers, and childcare restrict economic activity

by Olga Peters, Vermont Business Magazine According to several economic development specialists, Addison County’s economy is performing well. The county has much to be excited about, such as Amtrak’s Ethan Allen Express extended rail service running to Middlebury and Vergennes in July.

Top of Fred Kenney’s list is the county’s economic diversity.

According to the executive director of the Addison County Economic Development Corp (ACEDC), the county’s economic diversity makes it resilient. The mix of small businesses, manufacturers, nonprofits, and institutions such as Middlebury College means that the county isn’t reliant on a single industry.

Yet, a shortage of workers, affordable housing, and quality childcare remain the preverbal stone in the economy’s shoe.“I’m sure you’re hearing this from everybody because it impacts everybody. We’ve got labor shortage issues. We have serious housing shortage issues here, and they’re all complicated […]

Click here to view original web page at vermontbiz.com

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