With Salem being the capitol of Oregon, state government is the city's largest employer with about 13,000 full-time employees, 38 of the state's largest agencies, and over 20 smaller agencies being located in the immediate area.
Salem is also a major agricultural food processing area: "Food processing has been the mainstay and backbone of our manufacturing economy in Salem for the past 100 years," said Larry Glassock, president of the Salem Economic Development Corp.
Major industries providing employment:
*Educational, health, and social services (20.6%)
*Retail trade (11.6%)
*Public administration (11.5%)
*Manufacturing (10.8%)
Here are some of the ways the city government plans to promote steady growth in Salem's economy and in the business community in the future:
· Preservation of the historic downtown buildings, with a core master plan for commercial and residential development, which will ensure that the growth is managed.
· Keep the economy and business community healthy by keeping taxes low and simple and encouraging private sector savings and investment, two of the building blocks of a strong economy.
· By deregulating and privatizing the regulatory system, the regulations will become more cooperative and consistent.
· Contributions to the economic base by state and federal government employees and also the wood and food products industries should be recognized and maintained.
Because of its outstanding outdoor recreational facilities, the addition of high technology industries, and its close proximity to Portland, Salem finds itself in the midst of a sustained and steady growth cycle.
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