“This chapter presents an overview of the economic characteristics of the City of Berlin and the related issues and opportunities presently confronting the community. The first portion of the analysis focuses on historic employment trends for the city, as well as the county and state, based on changes in employment, wages and establishments at the industry sector level. This is followed by a review of changes in the labor force and unemployment rates, occupational characteristics of the workforce, and concludes with a summary of the city’s tax base and bonding capacity. The second portion of the chapter outlines the key opportunities and initiatives that the City must address as part of a long-term strategy for sustained economic development.”