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REGIONAL SNAPSHOT Industry Cluster Analysis

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Presentation on theme: "REGIONAL SNAPSHOT Industry Cluster Analysis"— Presentation transcript:

1 REGIONAL SNAPSHOT Industry Cluster Analysis
Foothills Region, North Carolina

2 Table of contents 01 Overview 02 Industry Cluster Analysis

3 Industry cluster analysis
01 Industry cluster analysis How to interpret results of cluster analysis

4 Industry cluster analysis
How to interpret cluster data results The graph’s four quadrants tell a different story for each cluster. Emerging Bottom right (weak but advancing) Stars Top right (strong and advancing) Mature Top left (strong but declining) Transforming Bottom left (weak and declining) Contains clusters that are more concentrated in the region but are declining (negative growth). These clusters typically fall into the lower quadrant as job losses cause a decline in concentration. Contains clusters that are more concentrated in the region and are growing. These clusters are strengths that help a region stand out from the competition. Small, high-growth clusters can be expected to become more dominant over time. Contains clusters that are under-represented in the region (low concentration) and are also losing jobs. Clusters in this region may indicate a gap in the workforce pipeline if local industries anticipate a future need. In general, clusters in this quadrant show a lack of competitiveness. Contains clusters that are under-represented in the region but are growing, often quickly. If growth trends continue, these clusters will eventually move into the top right quadrant. Clusters in this quadrant are considered emerging strengths for the region. section 01 Modified from:

5 02 Region1 Foothills Region & 4 NC counties Foothills Region
Buncombe County Burke County Gaston County Henderson County

6 Foothill Region & 4 NC counties
Overview Foothill Region & 4 NC counties This region is comprised of the Foothills Region plus four additional counties from North Carolina. Charlotte lies to the east of the region. Buncombe Burke Cleveland (Foothills) Gaston Henderson McDowell (Foothills) Polk (Foothills) Rutherford (Foothills) section 02

7 Industry cluster bubble chart
Industry and occupation Industry cluster bubble chart Mature Star Transforming Emerging Note: Label includes cluster name, LQ in 2014, and Employment in 2014 section 02 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

8 Manufacturing sub-cluster bubble chart
Industry and occupation Manufacturing sub-cluster bubble chart Mature Star Transforming Emerging Note: Label includes cluster name, LQ in 2014, and Employment in 2014 section 02 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

9 Level of Specialization
Industry cluster analysis Mature Clusters Fabricated Metal Prod Mfg. (1.58; 5,720) Machinery Manufacturing (1.25; 3,613) Star Clusters Electrical Equip., App & Comp Mfg. (4.97; 4,915) Apparel & Textiles (3.49; 11,616) Transportation Equipment Mfg. (2.16; 8,416) Glass & Ceramics (2.04; 1,491) Chemicals (1.91; 10,250) Manufacturing Supercluster (1.64; 24,685) Forest & Wood Products (1.61; 10,497) Advanced Materials (1.51; 19,960) Biomedical/Biotechnical (1.32; 45,974) Level of Specialization Percent Growth in Specialization Transforming Clusters Transportation & Logistics (0.87; 12,206) Energy (Fossil & Renewable) (0.83; 20,258) Education & Knowledge Creation (0.68; 6,963) Business & Financial Services (0.65; 36,969) Computer & Electronic Prod Mfg. (0.51; 1,335) Mining (0.5; 682) Emerging Clusters Arts, Enter., Rec & Visitor Industries (0.98; 17,899) Printing & Publishing (0.81; 6,175) Agribusiness, Food Proc & Tech (0.8; 10,718) IT & Telecommunications (0.75; 13,293) Primary Metal Manufacturing (0.68; 686) Defense & Security (0.5; 9,444) section 02 NOTE: The first number after each cluster represents its location quotient while the second number represents the number of total jobs (full and part time jobs by place of work) in that cluster in the region in The clusters are sorted in decreasing order by location quotient.

10 Regional requirements, 2013
Industry Clusters: Leakages Regional requirements, 2013 Note: ** shows Star clusters section 02 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

11 03 Region2 4 NC counties Buncombe Burke Gaston Henderson

12 Four NC counties Foothills Region Overview
Two counties in the West and two counties in the East of the Foothills Region form this experimental region. This is a noncontiguous area and the objective is to know the competitive clusters in the surrounding region. Buncombe Burke Gaston Henderson Foothills Region section 03

13 Industry cluster bubble chart
Industry and occupation Industry cluster bubble chart Mature Star Transforming Emerging Note: Label includes cluster name, LQ in 2014, and Employment in 2014 section 03 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

14 Manufacturing sub-cluster bubble chart
Industry and occupation Manufacturing sub-cluster bubble chart Mature Star Transforming Emerging Note: Label includes cluster name, LQ in 2014, and Employment in 2014 section 03 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

15 Level of Specialization
Industry cluster analysis Mature Clusters Electrical Equip, App & Comp Mfg. (5.46; 4,243) Apparel & Textiles (3.04; 7,945) Fabricated Metal Product Mfg. (1.44; 4,096) Advanced Materials (1.37; 14,253) Machinery Manufacturing (1.12; 2,543) Star Clusters Transportation Equipment Mfg. (2.37; 7,245) Manufacturing Supercluster (1.65; 19,536) Glass & Ceramics (1.56; 896) Forest & Wood Products (1.44; 7,346) Chemicals (1.33; 5,604) Biomedical/Biotechnical (1.22; 33,320) Arts, Enter, Rec & Visitor Industries (1.08; 15,536) Level of Specialization Percent Growth in Specialization Transforming Clusters Energy (Fossil & Renewable) (0.84; 16,080) IT & Telecommunications (0.81; 11,233) Business & Financial Services (0.71; 31,572) Education & Knowledge Creation (0.66; 5,231) Computer & Electronic Product Mfg. (0.57; 1,174) Defense & Security (0.48; 7,099) Mining (0.38; 403) Emerging Clusters Printing & Publishing (0.81; 4,871) Transportation & Logistics (0.79; 8,687) Agribusiness, Food Proc & Tech (0.76; 7,970) Primary Metal Manufacturing (0.3; 236) section 03 NOTE: The first number after each cluster represents its location quotient while the second number represents the number of total jobs (full and part time jobs by place of work) in that cluster in the region in The clusters are sorted in decreasing order by location quotient.

16 Regional requirements, 2013
Industry Clusters: Leakages Regional requirements, 2013 Note: ** shows Star clusters section 03 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

17 04 Region3 3 SC counties Cherokee Greenville Spartanburg

18 Three SC counties Overview
The three counties region forms the northern boundary of South Carolina and it is adjacent to the NC Foothills Region. The region is at the crossroads of interstates I-85 and I-26. I-85 connects to Charlotte metropolitan area in the northeast. Cherokee Greenville Spartanburg section 04

19 Industry cluster bubble chart
Industry and occupation Industry cluster bubble chart Mature Star Transforming Emerging Note: Label includes cluster name, LQ in 2014, and Employment in 2014 section 04 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

20 Manufacturing sub-cluster bubble chart
Industry and occupation Manufacturing sub-cluster bubble chart Mature Star Transforming Emerging Note: Label includes cluster name, LQ in 2014, and Employment in 2014 section 04 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).

21 Level of Specialization
Industry cluster analysis Mature Clusters Chemicals (2.66; 15,451) Apparel & Textiles (2.64; 9,515) Electrical Equip., App & Comp Mfg. (2.31; 2,468) Machinery Manufacturing (2.28; 7,133) Advanced Materials (1.49; 21,295) Fabricated Metal Product Mfg. (1.48; 5,792) Transportation & Logistics (1.18; 17,841) Education & Knowledge Creation (1.07; 11,723) Star Clusters Transportation Equipment Mfg. (3.01; 12,699) Manufacturing Supercluster (1.82; 29,715) Energy (Fossil & Renewable) (1.07; 28,276) Level of Specialization Percent Growth in Specialization Transforming Clusters Forest & Wood Products (0.98; 6,932) Glass & Ceramics (0.98; 775) Business & Financial Services (0.79; 48,486) IT & Telecommunications (0.79; 14,984) Printing & Publishing (0.76; 6,243) Biomedical/Biotechnical (0.63; 23,875) Mining (0.61; 900) Agribusiness, Food Proc & Tech (0.49; 7,074) Primary Metal Manufacturing (0.12; 128) Emerging Clusters Arts, Enter, Rec & Visitor Industries (0.68; 13,452) Defense & Security (0.66; 13,489) Computer & Electronic Product Mfg. (0.52; 1,495) section 04 NOTE: The first number after each cluster represents its location quotient while the second number represents the number of total jobs (full and part time jobs by place of work) in that cluster in the region in The clusters are sorted in decreasing order by location quotient.

22 Regional requirements, 2013
Industry Clusters: Leakages Regional requirements, 2013 Note: ** shows Star clusters section 04 Source: EMSI Class of Worker (QCEW, non-QCEW, self-employed and extended proprietors).


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