TEConomy reports shows Joplin growth in health care, higher education
Joplin, MO – The Joplin Area Chamber of Commerce and its fellow stakeholders in the Joplin Regional Alliance for Health Care and Health Science (JRAH) are excited to present the results of a strategic report on the Joplin region’s future in health care and education.
TEConomy Partners, a research and analysis firm focused on economic development, provided a strategic economic development roadmap for the Joplin area, specifically when it comes to the region’s health care industry. The findings from this report were presented to the Joplin City Council earlier this year in March.
“We are excited for this partnership with TEConomy. With their expertise and experience, we are developing a plan to provide more career opportunities, increase average wages, and ultimately help improve the quality of life in our community,” says Bryan Vowels, Founding Partner with TrueNorth Wealth & Impact and member of the JRAH steering committee.
The report highlights the growth of Joplin’s health care and higher education industries. Between 2017 and 2021, Joplin’s biomedical sector grew by 21% compared to the nation’s 5.2% growth rate. And in that same time, the region’s higher education industry grew by 1.3% while the U.S. saw a 4.5% decline.
“Communities grow by building on the foundation of their existing strengths and assets,” says Travis Stephens, President & CEO of the Joplin Area Chamber of Commerce. “This report has identified some of those key assets and growth areas for the Joplin region and provides us with a road map for leveraging our higher education and health care institutions to capitalize on their potential.”