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First Annual Business Breakfast
 
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The following recaps the welcome message delivered by Mayor Irvana Wilks at the Village of Mount Prospect October 19, 2006 -- First Annual Business Breakfast:

"Introductions – Welcome to all of you. We are glad you have joined us at this First Annual Business Breakfast.

One of my jobs as mayor of the Village of Mount Prospect is to understand the economic dynamics that impact us as a community. Last year when we began these business visits, it allowed me first-hand knowledge about some of the issues facing our local companies, our retail stores, restaurants or other commercial activities.

I appreciate all the business people who opened their doors to our teams of interviewers. We are very fortunate to have dedicated members of the Economic Development Commission spearhead these efforts. As today’s program continues, you will learn more about the teams and the survey instrument we used. Please accept my thanks to all of you who participated in the interviews, and to all who helped put on this business breakfast.

Each day I am reminded of how great it is to have been born in the United States of America. And I feel particularly fortunate that my family and I live in the northwest suburbs of Chicago. We can tap into the vitality of being next to a major City, but live and work in the wonderful community of Mount Prospect.

Recently I came upon some statistics assembled by the Council for the New American City and given to the United States Conference of Mayors. With respect to the Gross Metropolitan Product of Metro Areas, the Chicago area ranks third, behind New York at number 1, and Los Angeles at number 2.

In 2004 they calculated the Gross Metropolitan Product for our area at $392.6 Billion. Out of 361 metro areas in the US, we are third. The Gross Product of the United States was over $11 Trillion. During the last few years over 87% of the US economic growth was generated in metropolitan areas. It is this metro economy that is driving re-development in Mount Prospect.

That is why it is so critical that we in government try to understand what drives business people to make the decisions they make. We hope this breakfast serves as an acknowledgement that we appreciate your hard work on all of our behalves."

To see a summary of the Business Visitation Program Survey results, click here.