Opinion: Investment in rural business vital to global economy

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It’s a story I’ve heard too many times in my own life and in the lives of the many small business owners I meet:

 Person grows up in a small town. Person moves to a city or urban area for college or work. Person yearns to return to the small-town life they love or return to raise their children in the same environment they grew up. However, a lack of job opportunities makes this American Dream unattainable.

 While it’s heartening to see many of our region’s major metropolitan areas flourish in this unprecedented booming economy, we need to include investment in rural communities as well.

 Forty-six million people live in rural America. And according to the U.S. Census Bureau, 54% of counties in Washington state are defined as rural – a substantial segment.

 Rural small businesses make a huge and critical impact on our state’s economy, the U.S. economy, and even the global economy. For instance, of the top 10 exports from the state of Washington, six are agricultural products. 

 While traditional rural sectors such as agriculture, mining and manufacturing employ a smaller percentage of the population than before, they continue to anchor the economies of more than half of the nation’s counties, including right here in our own backyard.



 Our strength depends on our rural communities’ ability to thrive in the new global economy, build and attract an educated workforce, expand its population base, and use its diverse and abundant natural resources to provide food, fiber, forest products, energy and recreation.

 Rural communities face economic challenges different from those in urban areas. Access to public transportation, housing, higher education and job training may limit rural areas’ abilities to thrive economically.  

Resourcefulness, innovation, common-sense problem-solving and a reverence for hard work are familiar attributes of people in rural areas. They’re also the attributes of successful entrepreneurs.

Jeremy Field is the Regional Administrator for the U.S. Small Business Administration Pacific Northwest Region.