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Paris, Texas

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Title: Paris, Texas

1
Paris, Texas

Economic Drivers Assessment
Paris has a strong commitment to a diversified
economy that has sustained her for decades.
Building our future
Presented by
Laurin Prather

Expectations? Positive growth of any
type, enhanced economic opportunities, and
quality of life for the citizens
2
Why Economic Development?

3
The Survey Said Improving Paris Economic Growth

4
The Survey Said Paris Perceived Weaknesses

5
The Survey Said Economic Development Efforts

6
Age

7
Racial Mix

Studying residents ethnic backgrounds reveals
much about workforce preferences and needs. The
Chart depicts the racial distribution of
citizens within Paris, which is predominantly
Caucasian.
Ethnic diversity will expand through 2012, as
experts believe the US will continue to become
more ethnically diverse in the future.
Not shown in the chart is only five percent of
Paris population has Hispanic origins, which is
considerably smaller than most Texas communities
and 24 is African-American.
Cultural food products
Specific marketing programs addressed to lower
incomes

8
Household Income Levels

Residents of Paris have fairly low incomes.
Notice there are few people with high incomes and
a large number with incomes under 15,000.
However, Paris 2007 median household income
level is somewhat lower than Lamar County.
Paris 34,346
Lamar County 38,252
Income in Paris is forecast to grow steadily
through 2012
Focus on higher paying jobs! Small to mid-range
manufacturing and commercial
General retail opportunities
Specialty retail (focused at older population)

9
Educational Attainment

Educational attainment statistics partially
explain low income levels in Paris, since
education generally correlates with income.
As shown in the Chart, the majority of residents
have completed high school.
Paris also has a significant number of people
with elementary-level education.
Twenty-seven percent of residents over 25 years
of age never completed high school.
Strong Life Skills training programs through
high school or Paris Junior College
Identify labor (indicate skills and availability)
Provide job training for new companies locating
in Paris

10
Population Growth

The Chart shows population growth in the Paris
since 1970. Paris has experienced growth at times
during the past three decades.
From 1990 to 2000, the community has grown
Paris 4.9
We forecast that Paris will expand to 27,1666
residents by 2012.
Encourage development by offering bold and
meaningful development incentives
Market Paris as the regional purchasing center
Continue pro-active relationships with regional
communities to collectively market the region
Encourage basic retail and services

11
Civilian Labor Force Growth

Labor force growth in Paris has been slow, yet
positive since 1990. In fact, from 2000 to 2006
civilian labor force growth in the City of Paris
(5.1) significantly outpaced the growth in Lamar
County (3.8).
Additionally, Paris witnessed an increase in
unemployment from 2000 (5.8) to 2006 (6.9).
Unemployment in Lamar County increased slightly
from 2000 to 2006, and ended at 5.5.
Create more job opportunities for all citizens
through the location of new retail, commercial,
and industrial operations

12
Employment by Industry

The Charts give an indication of the abilities
and skills of Paris residents, as opposed to the
communitys labor pool. However, this information
gives insight into the overall composition of
area workers.
Paris has a massive quantity of people employed
in services.
Additionally, a large number of residents work in
wholesale and retail trade.
Paris has proportionately more white-collar
occupations than blue-collar.
Target additional manufacturing jobs and higher
level service sector businesses

13
Average travel time to work