Cape Cod Chamber of Commerce - eCapeChamber
Economic Development
A breakdown of Cape Cod’s economic base shows that tourism is its largest segment, representing 43%. Retirement represents the next largest segment with 15.3%, which when combined with tourism represents two-thirds of the jobs in BarnstableCounty. These two industries are extremely compatible as what generally serves and attracts the visitor also serves and attracts the retiree.
The Cape Cod Chamber of Commerce, however, is about more than tourism. After extensive market research, industry capacity analysis and community capacity and unemployment concerns, the Chamber adopted a new program of work. Recognizing that all economies are regional, five major issues were addressed in addition to tourism that affected residents and businesses across the peninsula. The five areas are:
Growing entrepreneurial activity
Smart growth
Affordable housing
Access to child care and family support services
Public transportation amenities
Still, tourism remains an important part of our economic development. By fine-tuning we are better able to serve and protect those Cape Codders who make their livelihood in this important industry - one which offers a lucrative career path.