West Virginia Executive Summer 2019 | Page 36

[ business ] Local Challenges, Unique Opportunities HANCOCK BROOKS OHIO MARSHALL MONONGALIA WETZEL PLEASANTS DODDRIDGE WOOD HARRISON PRESTON BARBOUR TUCKER GILMER CALHOUN ROANE JEFFERSON HARDY UPSHUR RANDOLPH BRAXTON PUTNAM HAMPSHIRE GRANT LEWIS JACKSON PENDLETON WEBSTER CLAY CABELL BERKELEY MINERAL TAYLOR RITCHIE WIRT MASON MORGAN MARION TYLER KANAWHA NICHOLAS WAYNE POCAHONTAS LINCOLN BOONE FAYETTE GREENBRIER LOGAN RALEIGH MINGO WYOMING SUMMERS Understanding Our Regional Economies MONROE JOHN DESKINS MCDOWELL MERCER West Virginia is made up of multiple regions that vary dramat- ically in terms of economic strengths, weaknesses, challenges and opportunities. For instance, the changes needed to promote economic prosperity in the Metro Valley are very different from those needed in the Southern Coalfields. Given these individual needs, a one-size-fits-all approach to economic development in the Mountain State will not work. Instead, state leadership should embrace regional differences and push to empower and encourage leaders in each area to span county lines and work together efficiently to tailor a set of economic development strategies that fits each region’s unique needs. 34 WEST VIRGINIA EXECUTIVE With this map, the state has been broken down into 10 regions, each defined by its challenges and opportunities. By pinpointing these strengths and weaknesses, state leadership can more easily create individualized action plans intended to solve the problems each area is facing. By strengthening the regional economies in the state, West Virginia will move closer to a more prosperous future. Southern Coalfields The Southern Coalfields region has experienced a great depression in terms of employment losses in recent years. Of all the regions in the state, this one was the most dependent