How Demographics Impact Major Decisions
Monday, August 07, 2017
Demographic information can be of huge importance when it comes to relocation decisions. When looking for a new market for your product, it is important to check demographics for specific areas to determine whether your product or service will be successful. Demographic information may include information about population density, age distribution, ethnicity, education attainment, households, labor force status, race distribution, income, etc. A GIS map shows this large amount of information at once.
In order to facilitate your future business decisions, the Lovington Economic Development Corporation has a GIS planning tool you can use.