April 2016: Commerce Corner

Six ways colleges impact local economies

Brooke Rouse

Brooke Rouse

The north country is fortunate to be home to many institutions of higher education. Many businesses in college towns feel the ebbs and flows of a “semester-based business cycle” and periods of particular peaks during move in, move out, graduations, family weekends, reunions and sporting events. The influx of students and their families, as well as a constantly revolving pool of faculty and staff, presents challenges and tremendous opportunity for the local economy. Here are six ways that colleges help to drive the local economy: [Read more…]