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Barryton is a mid-sized city in a southwestern state that is experiencing significant changes to its economy. In 2010, the city had a population of
Barryton is a mid-sized city in a southwestern state that is experiencing significant changes to its economy. In 2010, the city had a population of 125 thousand people and a median household income of $45000. 1 The fraction of households with at least one unemployed adult was 0.28, and the housing cost index was measured at $1425. 2 At the same time (beginning approximately 2 years prior), other cities were offering more lucrative commercial rental opportunities, and this led to some large companies relocating their central offices away from Barryton to these favorable cities. The reduced commercial activities had a quick and direct impact on the city's economy as overall growth became stagnant. This change in the economic environment motivated the local government to begin implementing policies geared towards promoting economic growth in the city. Over the seven-year period from 2010 to 2017, the policies implemented have led to an expansion of the textile industry as well as an increase in new small businesses in the food industry. During that same time period, Barryton experienced a 5 percent increase in its population with the number of households increasing by 4500. These policies, along with the change in population, also led
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