REGIONAL SNAPSHOT TriCounty Region North Dakota Table of
REGIONAL SNAPSHOT Tri-County Region, North Dakota
Table of contents 01 02 Overview Industry Cluster Analysis
01 overview Tricounty Region, ND
Overview Tricounty Region The Tricounty Region is comprised of three North Dakota counties. U. S. State Route 83 passes through the western part of the region connecting to I-94 to the north. § Emmons § Logan § Mc. Intosh section 01 4
02 Industry cluster analysis Tricounty Region, ND
Industry cluster analysis How to interpret cluster data results The graph’s four quadrants tell a different story for each cluster. 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. Mature Top left (strong but declining) Transforming Contains clusters that are under-represented in the Bottom left region (low concentration) (weak and are also losing jobs. Clusters in this region may declining) 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 more concentrated in the region and are growing. These clusters are strengths that help a community stand out from the competition. Small, high-growth clusters Top right can be expected to become more dominant over time. (strong and Stars advancing) Emergin g often Bottom right (weak but advancing) Contains clusters that are under-represented in the region but are growing, 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 02 Modified from: http: //www. charlestonregionaldata. com/bubble-chart-explanation / 6
Industry and occupation Industry cluster bubble chart 12 Mature Transforming Star Emerging Note: Glass & Ceramics and Apparel & Textiles clusters have too few jobs section 02 Source: EMSI Class of Worker 2014. 4 (QCEW, non-QCEW, self-employed and extended proprietors). Note: Label includes cluster name, LQ 2014, and Employment 2014; NAICS 2012 definitions 7
Industry and occupation Manufacturing sub-cluster bubble chart Star Mature Transforming Emerging Note: Primary Metal Manufacturing, Computer & Electronic Product Manufacturing and Electrical Equipment, Appliance & Component Manufacturing sub-clusters do not exist in the region. section 02 Source: EMSI Class of Worker 2014. 4 (QCEW, non-QCEW, self-employed and extended Note: Label includes cluster name, LQ 2014, and Employment 2014; NAICS 2012 proprietors). definition 8
Industry cluster analysis Star Clusters Mature Clusters Machinery Manufacturing (1. 21; 46) 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. The clusters are sorted in decreasing order by location quotient. Agribusiness, Food Processing & Tech (10. 78; 1, 848) Level of Specialization Biomed/Biotechnical (Life Science) (1. 40; 633) Mining (1. 09; 19) Percent Growth in Specialization Transforming Clusters Emerging Clusters Transportation Equipment Mfg. (0. 97; 49) Energy(Fossil & Renewable) (0. 84; 263) Chemicals/Chemical-based Products (0. 77; 54) Transportation & Logistics (0. 82; 150) Manufacturing Supercluster (0. 54; 105) Forest & Wood Products (0. 66; 54) Arts, Ent, Recreation. & Visitor Industries (0. 50; 119) Printing & Publishing (0. 49; 49) Advanced Materials (0. 42; 72) Business & Financial Services (0. 43; 331) Information Technology & Telecom. (0. 15; 34) Defense & Security (0. 43; 105) Education & Knowledge Creation (0. 43; 57) Fabricated Metal Product Mfg. (0. 2; 10) Note: Primary Metal Manufacturing, Computer & Electronic Product Manufacturing and Electrical Equipment, Appliance & Component Manufacturing sub-clusters do not exist in the region. Glass & Ceramics and Apparel & Textiles clusters have too few jobs. section 02 * Numbers in parenthesis include location quotient and employment in 2014. 9
Industry and occupation Bubble chart interpretation Mature Industries Star Industries Two industry clusters in the Tricounty Region are in the Maturing stage: Biomed/Biotechnical (Life Science) and Machinery Manufacturing. These industries are relatively concentrated, but their growth is trending downward. It is worth noting, however, that the Tricounty Region may find it worthwhile to invest in efforts to shore up the concentration of these industries. Star industry clusters are highly concentrated, exporting and still experiencing growth in the region. The most highly concentrated of the Star industry clusters in the Tricounty Region is Agribusiness, Food Processing & Technology. Its location quotient is 10. 78, indicating that the cluster is 10 times more concentrated in the region compared to the U. S. The other strong cluster in the region is Mining. Transforming Industries Emerging Industries Transforming clusters capture the mix of industries that are experiencing relative decline and limited export capability. In the Tricounty Region, Transportation Equipment Mfg. , Chemicals/Chemical-based Products, Manufacturing Supercluster, Arts, Entertainment, Recreational & Visitor Industries, Advanced Materials, Information Technology & Telecommunications, are all Transforming clusters. Any amount of growth in these industries would require relatively large investments. Industry clusters that may be poised for future growth are classified as “Emerging. ” There are eight Emerging clusters in the Tricounty Region. Top three that has highest LQ are Energy(Fossil & Renewable), Transportation & Logistics, and Forest & Wood Products. The other clusters include Printing & Publishing, Business & Financial Services, Defense & Security, Education & Knowledge Creation, and Fabricated Metal Product manufacturing. section 02 Source: EMSI Class of Worker 2014. 4 (QCEW, non-QCEW, self-employed and extended proprietors ). 10
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