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Tri-County Region, North Dakota REGIONAL SNAPSHOT

Tri-County Region, North Dakota REGIONAL SNAPSHOT

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Page 1: Tri-County Region, North Dakota REGIONAL SNAPSHOT

Tri-County Region, North Dakota

REGIONAL SNAPSHOT

Page 2: Tri-County Region, North Dakota REGIONAL SNAPSHOT

Overview0102

Table of contents

Industry Cluster Analysis

Page 3: Tri-County Region, North Dakota REGIONAL SNAPSHOT

01overview

Tricounty Region, ND

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4

Overview

section 01

Tricounty RegionThe 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

McIntosh

Page 5: Tri-County Region, North Dakota REGIONAL SNAPSHOT

02Industry

cluster analysis

Tricounty Region, ND

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

Industry cluster analysis

section 02Modified 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 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 can be expected to become

more dominant over time.

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 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.

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 anticipatea future need. In general, clusters in this quadrant show a lack of competitiveness.

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Industry and occupation

Note: Label includes cluster name, LQ 2014, and Employment 2014; NAICS 2012 definitions

Industry cluster bubble chart

section 02Source: EMSI Class of Worker 2014.4 (QCEW, non-QCEW, self-employed and

extended proprietors).

Mature Star

Transforming Emerging

Note: Glass & Ceramics and Apparel & Textiles clusters have too few jobs

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Industry and occupation

Note: Label includes cluster name, LQ 2014, and Employment 2014; NAICS 2012 definition

Manufacturing sub-cluster bubble chart

section 02Source: EMSI Class of Worker 2014.4 (QCEW, non-QCEW, self-employed and

extended proprietors).

Mature Star

Transforming Emerging

Note: Primary Metal Manufacturing, Computer & Electronic Product Manufacturing and Electrical Equipment, Appliance & Component Manufacturing sub-clusters do not exist in the region.

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Industry cluster analysis

section 02

Percent Growth in Specialization

Leve

l of S

peci

aliz

ation

Mature Clusters

Biomed/Biotechnical(LifeScience)(1.40;633)

MachineryManufacturing(1.21;46)

NOTE:Thefirstnumberaftereachclusterrepresentsitslocationquotientwhilethesecondnumberrepresentsthenumberoftotaljobs(fullandparttimejobsbyplaceofwork)inthatclusterintheregion.Theclustersaresortedindecreasingorderbylocationquotient.

Star Clusters

Agribusiness,FoodProcessing&Tech(10.78;1,848)

Mining(1.09;19)

Emerging Clusters Energy(Fossil&Renewable)(0.84;263)

Transportation&Logistics(0.82;150)

Forest&WoodProducts(0.66;54)

Printing&Publishing(0.49;49)

Business&FinancialServices(0.43;331)

Defense&Security(0.43;105)

Education&KnowledgeCreation(0.43;57)

FabricatedMetalProductMfg.(0.2;10)

Transforming ClustersTransportationEquipmentMfg.(0.97;49)

Chemicals/Chemical-basedProducts(0.77;54)

ManufacturingSupercluster(0.54;105)

Arts,Ent,Recreation.&VisitorIndustries(0.50;119)

AdvancedMaterials(0.42;72)

InformationTechnology&Telecom.(0.15;34)

* Numbers in parenthesis include location quotient and employment in 2014.

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.

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Bubble chart interpretationIndustry and occupation

section 02

Mature 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.

Transforming 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.

Star 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.

Emerging Industries

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.

Source: EMSI Class of Worker 2014.4 (QCEW, non-QCEW, self-employed and extended proprietors).