Vermont Futures Project announces statewide tour to inform economic plan

Montpelier, VT (August 15, 2023) – On August 17, 2023, the Vermont Futures Project will embark on a statewide tour, the latest research stage to inform the 2024 Economic Plan for Vermont. The tour’s launch marks a milestone in the work of the Vermont Futures Project to answer the mission question of, “How can we use data to support the evolution of Vermont’s economy toward a thriving future full of opportunity for all?” 

The Vermont Futures Project, an independent non-partisan organization led by Executive Director Kevin Chu, will convene community conversations, and make strategic stakeholder visits in all fourteen counties. Aggregate input gathered at these events will inform the recommendations made in the report and provide an opportunity for diverse, statewide, participation from Vermonters. The initial stops will be in Addison on 8/17, Windsor on 9/13, and Caledonia on 9/21. 

With the support of key partners, Chu has been leading efforts to define updated economic development goals and data indicators. Central to this work is the goal of increasing Vermont’s population to 802,000 by 2035 and increasing housing inventory to 350,000 non-seasonal units by 2035. Key data indicators being evaluated are net migration, racial composition, rental vacancy, homeownership rates, building permits, cost burden, and more.  

“It’s essential that we invest in strategies and remove barriers to strengthen our economy, scale up Vermont’s impact on sustainability, and make progress on social equity,” stated Kevin Chu, Executive Director of the Vermont Futures Project. “Vermont needs more people, and more people need Vermont.” 

Vermonters interested in contributing to the 2024 Economic Plan are encouraged to complete this survey and can reach out to kchu@vtfuturesproject.org with additional feedback. 

The 2024 Economic Plan is slated to be released in June 2024. 

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About the Vermont Futures Project 

The Vermont Futures Project is an independent non-partisan organization pursuing answers to their mission question: How can we use data to support the evolution of Vermont’s economy towards a thriving future full of opportunity for all?   

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