Cottonwood is the economic heart of the Verde Valley, providing the city and surrounding communities with the retail and services that are needed to support daily life and business operations. From its renowned wine industry to the locally-owned shops of Old Town, Cottonwood's business scene is a testament to sound policies that support business investment.
Recognizing the vital importance of building an even stronger and more diverse economy, the City of Cottonwood commissioned this economic development strategy to understand where the community stands vis-à-vis its economic development competitiveness, the dynamics that will directly impact its economic and population growth and which of the many growth sectors in the U.S. and world economies are best suited for the community.
This economic development strategy is based on a comprehensive, data-driven analysis of Cottonwood’s:
- Current economic status
- Current and projected labor force
- Current competitive standing
- Targeted sector analysis
We would like to acknowledge and thank the City of Cottonwood and its partners and stakeholders for their participation and engagement in the economic development strategic planning process. We commend Cottonwood for its commitment to ensuring the community remains a desirable place in which to live and do business for generations to come.
Click here to read the plan.