A VIBRANT LOCAL ECONOMY, including jobs and opportunities for growth, creates an environment where people can afford to make ends meet and have the opportunity to achieve all they hope to accomplish.
Income inequality affects wellbeing. Studies have shown that Americans are happier when income inequality is low.
Source: U.S. Census, ACS, 2014
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Being able to make ends meet, to keep a roof over your head and not being worried about bills are indicators of economic security.
Source: Santa Monica Wellbeing Survey, 2014
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Feeling like you can advance and build long-term economic stability is key to wellbeing. In addition, it is important to have options for professional growth.
A diverse economy supports wellbeing by reducing the risks of economic difficulty and ensuring the goods and services people want and need are within easy reach.
Source: City of Santa Monica Economic Development Department, 2014
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