Stronger Economies Togetheragecon.okstate.edu/files/session2 50316.pdf · Stronger Economies...

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Stronger Economies TogetherSession 2: More Data Exploration & Strategy Identification

Revised Data Snapshot

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Income and poverty

2004 2009 2014

Total Population in Poverty

17.5% 21.7% 23.1%

Minors (Age 0-17) in Poverty

25.8% 31.1% 33.0%

Real MedianHousehold Income* ($ 2014)

$36,953 $35,776 $35,958

Source: U.S. Census Bureau – Small Area Income and Poverty Estimates (SAIPE)

Questions:

• Is the poverty rate for individuals in the county getting better or worse?

• Is poverty for minors in the county lower or higher than the overall poverty rate for all individuals? Why?

• Has real median income (adjusted for inflation) improved or worsened over the 2004 to 2014 time period? What may be reasons for these changes?

* Note: Regional Median Household income is the population-weighted average of median household income values across the Crossing Borders Region counties.

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Labor force

section 04 Source: LEHD, OTM, U.S. Census Bureau

Questions:• How many people employed in the region actually reside outside the region? How many who live in the

region commute to jobs outside the region? • What are the implications for the region’s economic development efforts?

Population2014Jobs

Proportion

Employed in Region 35,566 100.0%

Employed in Region but Living Outside

13,475 37.9%

Employed and Living in Region

22,091 62.1%

In-Commuters Same Work/Home

13,475 22,091

Journey to WorkOut-Commuters

32,308

Population2014Jobs

Proportion

Region Residents 54,399 100.0%

Employed Outside Region but Living in Region

32,308 59.4%


22,091 40.6%

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Labor force


Population2014Jobs

Proportion



2,326 47.3%


2,588 52.7%

In-Commuters

Same Work/Home

2,326

2,588

Journey to Work

Out-Commuters

5,324

Population2014 Jobs

Proportion



5,324 67.3%


2,588 32.7%

Benton, AR 750

Cherokee 628

Tulsa 499

Sequoyah 420

Sebastian, AR 364

Cherokee 425

Sequoyah 300

Washington, AR

190

Benton, AR 137

Tulsa 128

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Labor force


Population2014Jobs

Proportion



5,976 45.9%


7,042 54.1%

In-Commuters

Same Work/Home

5,976

7,042

Journey to Work

Out-Commuters

10,326

Population2014Jobs

Proportion



10,326 59.4%


7,042 40.6%

Muskogee 2,335

Tulsa 2,254

Mayes 609

Oklahoma 583

Rogers 503

Muskogee 787

Tulsa 680

Adair 628

Wagoner 372

Delaware 325

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Labor force


Population2014Jobs

Proportion



3,884 45.5%


4,661 54.5%

In-Commuters

Same Work/Home

3,884

4,661

Journey to Work

Out-Commuters

9,764

Population2014Jobs

Proportion



9,764 67.7%


4,661 32.3%

Benton, AR 1,592

Tulsa 1,432

Mayes 889

Ottawa 779

Oklahoma 575

Ottawa 910

Mayes 322

Tulsa 285

Craig 274

Benton, AR 247

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Labor force


Population2014Jobs

Proportion



4,473 45.9%


4,616 54.1%

In-Commuters

Same Work/Home

5,976

7,042

Journey to Work

Out-Commuters

10,326

Population2014Jobs

Proportion



10,078 59.4%


4,616 40.6%

Sebastian, AR 2,990

Le Flore 875

Tulsa 858

Muskogee 708

Oklahoma 575

Muskogee 422

Adair 420

Le Flore 393

Sebastian, AR 336

Cherokee 311

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Industry and occupation

section 05

Top five occupations in 2014

Questions:

• What are the education and skill requirements for these occupations?

• Do the emerging and star clusters align with the top occupations?

• What type salaries do these occupations typically provide?

Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors)

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Industry and occupation

section 05

Science, Technology, Engineering & Math

Questions:

• How do STEM jobs compare to the state?

• What has been the trend of STEM jobs over time?

• How important are STEM jobs to the region’s Star and Emerging clusters?

*Note: STEM and STEM-related occupation definitions from BLS (2010)

Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors)

9.9%869770

-11.4%

Change20142009

Job change in STEM occupations*

CBR, OK

Rest of Oklahoma

67,59261,527

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Industries: Fayetteville-Springdale-Rogers Leakages

Regional requirements, 2013

Source: EMSI 2016.1 (QCEW Employees, Non-QCEW Employees, Self-Employed, and Extended Proprietors)

section 05

$0 $1,000,000,000 $2,000,000,000

Animal Production and AquacultureCorporate, Subsidiary, and Regional Managing Offices

Petroleum RefineriesFederal Government, Military

State Government, Excluding Education and HospitalsPoultry Processing

Elementary and Secondary Schools (Local Government)Lessors of Nonfinancial Intangible Assets (except…

Commercial BankingLessors of Residential Buildings and Dwellings

Lessors of Nonresidential Buildings (except…Offices of Lawyers

Other Animal Food ManufacturingOffices of Real Estate Agents and Brokers

Wholesale Trade Agents and BrokersWired Telecommunications Carriers

Local Government, Excluding Education and HospitalsCrop Production

Computer Systems Design ServicesAdministrative Management and General Management…

Couriers and Express Delivery ServicesTemporary Help Services

Plastics Material and Resin ManufacturingInternet Publishing and Broadcasting and Web Search…

General Freight Trucking, Long-Distance, Truckload

In-Region Out of Region

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Industries: Fort Smith Leakages



section 05

$0 $400,000,000 $800,000,000

Animal Production and AquacultureCorporate, Subsidiary, and Regional Managing Offices

Elementary and Secondary Schools (Local…Petroleum Refineries

Federal Government, MilitaryLocal Government, Excluding Education and Hospitals

Poultry ProcessingState Government, Excluding Education and Hospitals

Crop ProductionIron and Steel Mills and Ferroalloy Manufacturing

Wholesale Trade Agents and BrokersLessors of Residential Buildings and Dwellings

Lessors of Nonresidential Buildings (except…Commercial Banking

Rail transportationPaperboard Mills

General Freight Trucking, Long-Distance, TruckloadOffices of Real Estate Agents and Brokers

Colleges, Universities, and Professional Schools…Offices of Lawyers

Lessors of Nonfinancial Intangible Assets (except…Wired Telecommunications Carriers

Temporary Help ServicesEngineering Services

Other Animal Food Manufacturing


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Industries: Joplin Leakages



section 05

$0 $200,000,000 $400,000,000 $600,000,000

Animal Production and AquaculturePetroleum Refineries

Corporate, Subsidiary, and Regional Managing OfficesElementary and Secondary Schools (Local Government)

Cheese ManufacturingCrop Production

Local Government, Excluding Education and HospitalsWholesale Trade Agents and Brokers

Lessors of Residential Buildings and DwellingsLessors of Nonresidential Buildings (except…

Iron and Steel Mills and Ferroalloy ManufacturingWired Telecommunications Carriers

Dry, Condensed, and Evaporated Dairy Product…Commercial Banking

Couriers and Express Delivery ServicesOffices of Real Estate Agents and Brokers

General Freight Trucking, Long-Distance, TruckloadOther Animal Food Manufacturing

Lessors of Nonfinancial Intangible Assets (except…Offices of LawyersRail transportation

Fluid Milk ManufacturingTemporary Help Services

General Warehousing and StoragePlastics Material and Resin Manufacturing


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Industries: Tulsa Leakages



section 05

$0 $1,000,000,000 $2,000,000,000

Crude Petroleum and Natural Gas ExtractionCorporate, Subsidiary, and Regional Managing Offices

Petroleum RefineriesElementary and Secondary Schools (Local Government)

Federal Government, MilitaryIron and Steel Mills and Ferroalloy Manufacturing

Local Government, Excluding Education and HospitalsState Government, Excluding Education and Hospitals

Lessors of Residential Buildings and DwellingsCommercial Banking

Lessors of Nonresidential Buildings (except…Wired Telecommunications Carriers

Offices of LawyersOffices of Real Estate Agents and Brokers

Wholesale Trade Agents and BrokersInsurance Agencies and Brokerages

Temporary Help ServicesLessors of Nonfinancial Intangible Assets (except…

Engineering ServicesAnimal Production and Aquaculture

Direct Property and Casualty Insurance CarriersComputer Systems Design Services

Other Activities Related to Real EstateHospitals (Local Government)

Machine Shops


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Cluster Data

LIST OF CLUSTERS• Advanced Materials

• Agribusiness, Food Processing & Technology

• Apparel & Textiles

• Arts, Entertainment, Recreation & Visitor Industries

• Biomedical/Biotechnical (Life Sciences)

• Business & Financial Services

• Chemicals

• Computer & Electronic Product Manufacturing

• Defense & Security

• Education & Knowledge Creation

• Electrical Equip, Appliance & Component Manufacturing

• Fabricated Metal Product Manufacturing

• Energy (Fossil & Renewable)

• Forest & Wood Products

• Glass & Ceramics

• Information Technology & Telecommunications

• Machinery Manufacturing

• Manufacturing Super‐cluster

• Mining

• Primary Metal Manufacturing

• Printing & Publishing

• Transportation & Logistics

• Transportation Equipment Manufacturing

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How to interpret cluster data resultsThe graph’s four quadrants tell a different story for each cluster.

Modified from: http://www.charlestonregionaldata.com/bubble-chart-explanation/

EmergingBottom right(weak but advancing)

StarsTop right (strong and advancing)

MatureTop left

(strong but declining)

TransformingBottom left (weak and declining)

Contains clusters that are moreconcentrated in the region and are

growing. These clusters are strengths that help a community

stand out from the competition.Small, high-growth clusters

can be expected to becomemore dominant over time.

Contains clusters that are moreconcentrated 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 under-represented in the

region but are growing, oftenquickly. If growth trends

continue, these clusters willeventually move into the top right

quadrant. Clusters in this quadrantare considered emerging strengths

for the region.

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 workforcepipeline if local industries anticipatea future need. In general, clusters in this

quadrant show a lack of competitiveness.

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Industry cluster analysis

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 2014. The clusters are sorted in decreasing order by location quotient.

Percent Growth in Specialization Level o

f Sp

ecialization

Mature Clusters

Agribusiness, Food Prod., & Tech (3.88; 6913)

Star Clusters

Electrical Equip, App. & Comp. Mfg. (3.36; 442)

Mining (1.3; 236)

Glass & Ceramics (1.11; 108)

Forest & Wood Products (1.09; 949)

Emerging Clusters

Fabricated Metal Product Mfg. (0.9; 435)Biomedical/Biotech (0.82; 3776)Business & Financial Services (0.51; 3857)Printing & Publishing (0.38; 383)Apparel And Textiles (0.35; 156)Advanced Materials (0.29; 507)Edu. & Knowledge Creation (0.29; 399)Primary Metal Mfg. (0.23; 30)

Transforming Clusters

Energy (Fossil And Renewable) (0.87; 2840)Arts, Ent., Rec, & Visitor Industries (0.61; 1487)Transportation & Logistics (0.58; 1082)Manufacturing Supercluster (0.57; 1148)Machinery Mfg. (0.51; 194)Defense & Security (0.39; 984)Chemicals (0.38; 273)IT & Telecommunication (0.35; 821)Transportation Equipment Mfg. (0.08; 39)Computer & Electronic Product Mfg. (0.02; 7)

section 05

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Industry Clusters: Crossing Borders Leakages


Source: EMSI 2015.4 (QCEW Employees, Non-QCEW Employees, Self-Employed, and Extended Proprietors); Industry cluster definitions by PCRD

section 05

Note: ** shows Star clusters

Approaches for Strengthening Clusters

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C.A.R.E. Model

Source: Barta, et al (2010) CARE Model

Foundationof Economic Growth

Creation Attraction Retention Expansion


Starting from a Solid Foundation

• Workforce development

• Healthcare• Public policy

• Physical infrastructure• Sufficient housing• Adequate transportation systems• Broadband access• Water & energy

Creation Attraction Retention Expansion

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Attraction

C.A.R.E.

• Are there individuals in the region interested in starting a new business?

• Are there entrepreneurship training programs in place to build capacity?

• Are there channels for accessing capital?


Creation Retention Expansion

Attraction

C.A.R.E

• Are there specific types of firms the region could attract to fill the leakage gap?

• What strategies are in place to target these specific industries?

• What do these industries need to be lured to the region?


Creation Retention Expansion

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Retention

C.A.R.E.

• What firms are currently contributing to the cluster?

• Are these firms facing any common threats to survival in the region?

• Do these firms need any particular programs, resources, policies in order to continue operation in the region?


Creation Attraction Expansion

Retention

C.A.R.E.

• Could existing businesses expand to fulfill the needs of the cluster?

• What incentives or resources are needed to help these businesses expand?


Creation Attraction Expansion

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C.A.R.E.: Healthcare Example

FOUNDATIONImproved access to high speed Internet through a co‐op.

CREATE:Entrepreneur

starts a transportation service for patients.

ATTRACT:Hospital attracts

a part‐time endocrinologist to fill a void.

RETENTION:Marketing firm hired to develop

marketing strategies to attract more patients

EXPANSION:Part‐time

cardiologist and diagnostics lab expanded to full

time

Decision-Making Sweet SpotPublically Acceptable

Financially

Viable

Scientifically Compatible

Technically Feasible

Environmentally Responsible

Politically/ Legally

Aligned

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Prioritizing Opportunities

Action PlanStart Drafting the Plan:

• and summarize the Civic Engagement Forum process and results.

• Summarize key strengths and challenges based on the data

• Describe the selected clusters:• Why were these clusters selected for further exploration?

• What are the strengths and challenges associated with the selected clusters?

• Which suggested opportunities are associated with each selected cluster?

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Action Plan

• Invite Industry Representatives to next meeting (or interview)

•Additional modules?

•Other items?

Stronger Economies Togetheragecon.okstate.edu/files/session2 50316.pdf · Stronger Economies...

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