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North Central Indiana Region
REGIONAL
SNAPSHOT
Overview
01
Demography
02
Human capital
03
Labor force
04
Industry and occupation
05
Conclusions
06
Table of contents
01
overview
North Central Indiana
Region
What is a regional
snapshot?
4
Overview
section 01
The North Central
Central region is
comprised of the
following five Indiana
counties:
 Cass
 Fulto...
5
Overview
section 01
What is a regional snapshot?
What is the snapshot?
This regional snapshot is a demographic and
econo...
02
demograph
y
Population change
Population pyramids
Income and poverty
7
Demography
section 02
Population change
In 2013, the population in the North Central
Region represented almost 3 percent...
8
Population pyramids
Population pyramids are visual representations of the age distribution of the population by
gender.
...
9
Income and poverty
Demography
section 02
Source: U.S. Census Bureau – Small Area Income and Poverty Estimates (SAIPE)
20...
03
human
capital
Educational attainment
Graduation rates
Patents
11
Human capital
section 03
Educational attainment
Educational attainment is an important
indicator of the skills of a pop...
12
Human capital
section 03
Four-year high school graduation rates
Nearly nine of every10 North
Central Indiana students
s...
13
section 03
Patents
Source: U.S. Patent and Trademark Office
Patents per 1,000 Jobs
2000-2013
From 2000 to 2013, North C...
04
labor force
Unemployment rates
Earnings per worker
Laborshed and
commuteshed
15
Labor force
section 04
Unemployment rates
Prior to the onset of the Great
Recession around 2008, the NC
Region’s unempl...
16
$37,226
$48,183
$49,296
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
Realaverageearnings(2013US$)
$41,419
Labor f...
17
Labor force
section 04
Laborshed
Source: LEHD, OTM, U.S. Census Bureau
A region’s laborshed is
the geographic area
from...
18
Laborshed in 2011
Labor force
Source: U.S. Census Bureau, OTM, LEHD, PCRD
The North Central Region draws its
labor forc...
19
Labor force
section 04
Commuteshed
Source: LEHD, OTM, U.S. Census Bureau
*most recent data available
A region’s
commute...
20
Commuteshed in 2011
Labor force
Source: U.S. Census Bureau, OTM, LEHD, PCRD
The North Central IN Region’s
commuting pat...
05
industry
and
occupation
Establishments
Employment by industry
Cluster analysis
Health and arts industries
Top occupatio...
22
Industry and occupation
section 05
Establishments
Source: National Establishment Time Series (NETS) – 2012 Database
Num...
23
Industry and occupation
section 05
EstablishmentsComponent Change
Source: National Establishment Time Series (NETS) – 2...
24
Industry and occupation
section 05
Establishments
Source: National Establishment Time Series (NETS) – 2012 Database
Num...
25
Industry and occupation
section 05
Top five industries’ employment growth
NAICS Description 2008 Jobs 2013 Jobs Change ...
26
Industry and occupation
section 05
Top five industries’ employment decline
NAICS Description 2008 Jobs 2013 Jobs Change...
27
How to interpret a bubble chart
The graph’s four quadrants tell a different story for each cluster.
Industry and occupa...
Industry and occupation
section 05
Note: Label includes cluster name, LQ 2013, and Employment 2013
Industry cluster bubble...
29
Industry and occupation
section 05
Note: Label includes cluster name, LQ 2013, and Employment 2013
Manufacturing superc...
30
Bubble chart results
Industry and occupation
section 05
Stars
 Agribusiness, Food Processing & Technology
 Manufactur...
31
Bubble chart interpretation
Industry and occupation
section 05
Mature Industries
Few industry clusters in the North Cen...
32
Industry and occupation
section 05
Top five occupations in 2013
The top five occupations in North
Central Indiana regio...
33
Industry and occupation
section 05
STEM and STEM-related occupations
STEM (Science,Technology, Engineering and
Math) jo...
06
conclusions
35
Conclusions
section 06
North Central IN Region: key opportunities
The North Central Indiana Data SnapShot report highli...
36
Report Contributors
This report was prepared by the Purdue Center for Regional Development in partnership with
Purdue U...
For more information,
please contact:
Dr. Bo Beaulieu,
PCRD Director:
ljb@purdue.edu
Or
765-494-7273
The Purdue Center for...
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North Central Indiana Regional Data Snapshot

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North Central Indiana Regional Data Snapshot

  1. 1. North Central Indiana Region REGIONAL SNAPSHOT
  2. 2. Overview 01 Demography 02 Human capital 03 Labor force 04 Industry and occupation 05 Conclusions 06 Table of contents
  3. 3. 01 overview North Central Indiana Region What is a regional snapshot?
  4. 4. 4 Overview section 01 The North Central Central region is comprised of the following five Indiana counties:  Cass  Fulton  Howard  Miami  Tipton North Central Indiana region
  5. 5. 5 Overview section 01 What is a regional snapshot? What is the snapshot? This regional snapshot is a demographic and economic assessment of the North Central Region in Indiana. Using county-level data, PCRD analyzed a number of indicators to gauge the overall economic performance of the North Central Indiana Region. What is its purpose? The snapshot is intended to inform North Central leaders, organizations and residents of the key attributes of the region’s population and economy. In particular, it takes stock of the region’s important assets and challenges. With such data in hand, regional leaders and organizations are in a better position to invest in the mix of strategies that will spur the growth of the economy and provide a higher quality of life for residents of the region. What are its focus areas? PCRD secured and analyzed recent data from both public and private sources to generate the snapshot. In order to build a more comprehensive picture of the region, the report presents information under four key categories:  Demography  Human Capital  Labor Force  Industry When appropriate or relevant, the report compares information on the region with data on the remainder of the state of Indiana. By so doing, the region is better able to determine how well it is performing relative to the state on a variety of important metrics.
  6. 6. 02 demograph y Population change Population pyramids Income and poverty
  7. 7. 7 Demography section 02 Population change In 2013, the population in the North Central Region represented almost 3 percent of the overall Indiana population, compared to 3.2 percent in 2002. If the trend holds, by 2020 the North Central region population will have less than 3 percent of Indiana’s population. Their region experienced a population decline of 2.8 percent between 2002 and 2013 . The rest of the state grew by almost 7 percent during that same time period. Source: U.S. Census Bureau: Population Estimates, STATS Indiana 198,964 193,462 191,959 2013-20202002-20132002 Total population projections North Central Region Rest of Indiana - 2.8% 6,343,440 6,660,162 5,957,003 - 0.8% + 7.1% + 4.4% It is estimated that the North Central Indiana Region’s population will decrease around 1 percent over the 2013 to 2020 period.The rest of Indiana is expected to grow by 282,722 people (4.4 percent growth) over that period of time. The North Central Indian region has suffered greater population declines when compared to the rest of the state over the past decade.The disparity is likely to continue through 2020..
  8. 8. 8 Population pyramids Population pyramids are visual representations of the age distribution of the population by gender. Demography section 02 Males outnumber females in nearly all age categories (specifically those in the 0 to 59 range) in the North Central Indiana Region. In contrast, the distribution of men and women are fairly similar in nearly all groupings in the rest of the state, at least up to the 50-59 age cohort. The share of North Central’s population 50 years old and over constitutes 38 percent (or 73,000 people) of the overall population.This figure is 4 percent larger than the figure in the rest of the state (where residents 50 and over account for 34 percent of the population). Additionally, the two oldest groupings (70-79 and 80+ years old) make up nearly 12 percent of NorthCentral’s population, but about 9 percent of the population of the rest of the state. These results suggest North Region is becoming relatively older than the rest of the state. This suggest that the region may want to give attention to the mix of services that may be needed by an aging population. Source: U.S. Census Bureau: Population Estimates 6.3% 6.8% 6.0% 6.1% 6.8% 7.4% 5.7% 3.2% 1.6% 6.0% 6.3% 5.5% 5.7% 6.4% 7.4% 6.0% 3.9% 2.8% 9 6 3 0 3 6 9 00-09 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+ Percentage of Population AgeCohort North Central - 2013 6.8% 7.1% 6.9% 6.3% 6.5% 6.9% 4.9% 2.5% 1.3% 6.4% 6.8% 6.8% 6.3% 6.6% 7.1% 5.4% 3.1% 2.4% 9 6 3 0 3 6 9 00-09 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+ Percentage of Population AgeCohort Rest of Indiana - 2013
  9. 9. 9 Income and poverty Demography section 02 Source: U.S. Census Bureau – Small Area Income and Poverty Estimates (SAIPE) 2002 2008 2013 Total Population in Poverty 8.5% 12% 14.8% Minors (Age 0-17) in Poverty 3.1% 4.3% 5.2% Average Real Median Income* $ 53,172 $ 50,420 $ 44,765 The average real median income across North Central counties has decreased consistently from 2002 to 2013, with the drop approaching the $8,500 mark over the 12-year period. Meanwhile, the percentage of population classified as poor increased steadily from 2003 to 2013, as did the proportion of minors in poverty. Nearly 15 percent of residents, and 5.2 percent of minors, were impoverished in the region in 2013. . * Weighted real median income, weighted by county population
  10. 10. 03 human capital Educational attainment Graduation rates Patents
  11. 11. 11 Human capital section 03 Educational attainment Educational attainment is an important indicator of the skills of a population. In 2013, 41 percent of North Central residents (25 years of age or higher) had a high school education only, 6 percentage points higher than the rest of the state. Furthermore, the proportion of adults with a bachelor’s degree or more was lower in the North Central Indiana area when compared to the rest of the state (16 percent versus 23 percent).On the other hand, the percentage with an associate’s degree was similar in both the North Central region and remainder of the state. In general, the North Central Region could be challenged in its ability to capture high quality jobs in light of the sizable number of adults with a high school education or less. Associate’s degree Bachelor’s degree Graduate degree No high school Some high school High school Some college Source: 2013 ACS 5-year estimates 4% 10% 41%22% 7% 10% 6% North Central IN Region – 2013 4% 9% 35% 21% 8% 15% 8% Rest of Indiana – 2013
  12. 12. 12 Human capital section 03 Four-year high school graduation rates Nearly nine of every10 North Central Indiana students successfully graduated from high school after four years (in 2009). This was almost 4.5 percentage points higher than the rest of Indiana as a whole. The rate for four-year graduates rose to 90.7 percent in the North Central Region by 2013, a figure that continued to exceed the rate for the remainder of the state. High schools in the North Central Region have outperformed the rest of Indiana when it comes to their high school graduation rates. Source: datacenter.kidscount.org 87% 90.7% 82.6% 88.9% 2009 2013 North Central Region Rest of Indiana North Central Region Rest of Indiana Rest of Indiana
  13. 13. 13 section 03 Patents Source: U.S. Patent and Trademark Office Patents per 1,000 Jobs 2000-2013 From 2000 to 2013, North Central counties were issued patents at a rate of 9.81 per 1,000 jobs, while the remaining Indiana counties garnered 6.08 patents per 1,000 jobs. Patents per 1,000 residents 2000-2013 From 2000 to 2013, 4.18 patents per 1,000 residents were issued in North Central counties.The rest of Indiana amassed 2.95 patents per 1,000 residents. Human capital North Central, 9.8 Rest of Indiana, 6.1 North Central, 4.2 Rest of Indiana, 2.9 The number of patents issued is an important indicator of the level of innovation in a region. Furthermore, success in commercializing these innovations can lead to long- term growth for a region. When it comes to innovation, the North Central region is outpacing the rate for the rest of the state. The data make clear that the North Central Indiana region has enjoyed success in creating a culture of innovation.
  14. 14. 04 labor force Unemployment rates Earnings per worker Laborshed and commuteshed
  15. 15. 15 Labor force section 04 Unemployment rates Prior to the onset of the Great Recession around 2008, the NC Region’s unemployment rate was slightly higher than the rate in the rest of the state. But the major jump in the region’s unemployment occurred at the start of the recession in 2008, resulting in a dramatic increase that approached 14 percentage points, higher than the 10.3 percent that the rest of Indiana experienced at that time. In the recovery period since 2009, the rates between the region and the rest of the state have slowly converged, with the gap between the region and the rest of the state dwindling to about 0.7 percent by 2013. North Central Indiana’s unemployment rates was just over 8 percent in 2013. Source: U.S. Bureau of Labor Statistics – Local Area Unemployment Statistics 3.1% 6.0% 5.3% 13.8% 8.2% 2.9% 5.4% 4.6% 10.3% 7.5% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 North Central IN Region Rest of State
  16. 16. 16 $37,226 $48,183 $49,296 $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 Realaverageearnings(2013US$) $41,419 Labor force section 04 Real earnings per worker The real earnings* per worker was constructed by averaging earnings for all industries in the North Central region and the Rest of Indiana. North Central Region and the Rest of Indiana registered an increase in real earnings per worker from 2008 to 2013, However, the rate of growth was higher in the North Central IN region than the Rest of Indiana.As a result, the earnings gap between the two regions has shrunk. Despite the solid growth in earnings since 2008, real earnings per worker in the North Central IN Region remain nearly $8,000 below the amount captured by workers in the rest of Indiana in 2013. North Central Region Rest of Indiana 2008 2013 *Earnings include wages and salaries, supplements and other proprietorship incomes Source: Economic Modeling Specialists International (EMSI) – EMSI 2014.3 Class of Worker Data (QCEW, non-QCEW, self-employed and extended proprietors), industrycluster definitions by PCRD
  17. 17. 17 Labor force section 04 Laborshed Source: LEHD, OTM, U.S. Census Bureau A region’s laborshed is the geographic area from which it draws employees. In 2011, NorthCentral was home to a total of 69,601 jobs. Almost 36 percent of individuals working in North Central counties at this time traveled from surrounding counties to work in the region. On the other hand, 64 percent of jobs in the region were held by individuals living in the NorthCentral region. Thus, almost two-thirds of North Central's labor force is comprised of people who both live and work in the North Central region. Population 2011 Jobs* Proportio n Employed in North Central 69,601 100.0% Employed in North Central but Living Outside 24,780 36% Employed and Living in North Central 44,821 64% In-Commuters Same Work/Home *most recent data available 24,780 44,821
  18. 18. 18 Laborshed in 2011 Labor force Source: U.S. Census Bureau, OTM, LEHD, PCRD The North Central Region draws its labor force largely from its own counties and other surrounding areas. Seventy-five percent of NorthCentral workers come from counties that make up the NorthCentral region, as well as the nearby counties of Hamilton, Marion andTippecanoe, and the more distant county of Allen. When extending the threshold to 80 percent, other nearby counties appear, includingWabash, Grant and Madison. Lake County,White County,CarrollCounty, Marshall County and Kosciusko County are all part of the 85 percent laborshed region. section 04
  19. 19. 19 Labor force section 04 Commuteshed Source: LEHD, OTM, U.S. Census Bureau *most recent data available A region’s commuteshed is the geographic area where its residents work. Nearly 45 percent of employed residents in the North Central region commute to jobs located outside of the region. On the other hand, the remaining 55 percent of the region’s workforce both live and work in the North Central region. Out-Commuters Same Work/Home 36,337 44,821 Population 2011 Jobs* Proportion Employed North Central Residents 81,158 100.0% Living in North Central and Employed Outside 36,337 45% Living and Employed in North Central 44,821 55%
  20. 20. 20 Commuteshed in 2011 Labor force Source: U.S. Census Bureau, OTM, LEHD, PCRD The North Central IN Region’s commuting pattern involves a number of counties, some located a good distance from the region. Approximately 75 percent of the residents who live in the region and who are part of the labor force are employed in 11 counties, the five counties that make up the region and Kosciusko, Grant, Hamilton, Marion,Tippecanoe and Allen counties. Increasing the threshold to 80 percent of residents introducesCarroll,Wabash and Marshall counties into the picture.When we extend to the 85 percent commuteshed, then five more counties get added, namely Boone, St. Joseph, Madison, Delaware. Lake and St. Joseph. section 04
  21. 21. 05 industry and occupation Establishments Employment by industry Cluster analysis Health and arts industries Top occupations STEM occupations
  22. 22. 22 Industry and occupation section 05 Establishments Source: National Establishment Time Series (NETS) – 2012 Database Number of Establishments by Employment Size Year 2000 2011 Stage 0 2,773 4,572 Stage 1 5,025 7,681 Stage 2 1,319 1,296 Stage 3 111 113 Stage 4 22 17* Total 9,250 13,679 The number of establishments in the North Central IN Region grew sharply between 2000 and 2011. Impressive growth occurred in Stage 0 and Stage 1 establishments. In particular,Stage 0 establishments grew by 65 percent, while Stage 1 establishments expanded by 53 percent. Stage 2 establishment slipped by 2 percent between 2000 and 2011 (loss of 23 establishments) and Stage 3 establishments remained stable during this time period.At the same time, Stage 4 establishments declined in the region, going from 22 to 17 establishments that employed 500 people or more.. An establishment is a physical business location. Branches, standalones and headquarters are all considered types of establishments. Definition of Company Stages 0 1 2 3 4 Self- employed 2-9 employees 10-99 employees 100-499 employees 500+ employees *Reference USA shows 16 stage 4 establishments for North Central region, as compared to 17 establishments from NETS database.
  23. 23. 23 Industry and occupation section 05 EstablishmentsComponent Change Source: National Establishment Time Series (NETS) – 2012 Database The North Central IN region gained 4,429 new establishments between 2000 and 2011. Most of the gains came from natural change (births minus deaths of establishments). Births surpassed deaths by 4,387 establishments. More establishments migrated into the North Central IN Region than out-migrated.The result is a gain of 42 establishments as a result of net migration. Components of Change for Establishments Total Change (2000-11) 4,429 Natural Change (births minus deaths) 4,387 Net Migration 42
  24. 24. 24 Industry and occupation section 05 Establishments Source: National Establishment Time Series (NETS) – 2012 Database Number of Jobs by Establishment Stages Year 2000 2011 Stage 0 2,773 4,572 Stage 1 18,223 23,531 Stage 2 34,413 33,464 Stage 3 20,291 20,899 Stage 4 41,588 22,761 Total 117,288 105,227 From 2000 to 2011, the number of total jobs declined, largely as a result of jobs losses among Stage 4 establishments. The self-employed (Stage 0) and small firms of 2-9 employees (Stage 1) witnesses some impressive gains in jobs between 2000 and 2011. Stage 3 establishments, those that employ 10-99 workers, suffered a slight drop in jobs, but employment increased by almost 600 job for Stage 3 firms. However, the largest firms experienced employment decline of nearly 45 percent.These sizable declines fueled the overall loss of jobs in the region between 2000 to 2011. Aggregate Sales (2013 US$) by Establishment Stages Year 2000 2011 Stage 0 $ 354,779,758 $ 348,516,214 Stage 1 $ 2,401,854,202 $ 2,013,418,283 Stage 2 $ 4,296,754,204 $ 3,110,725,955 Stage 3 $ 2,602,118,061 $ 2,266,119,145 Stage 4 $ 4,871,158,578 $ 4,532,424,081 Total $14,526,664,806 $ 12,271,203,679 Total sales decreased among all stages of firms in the North Central IN Region between 2000-2011. The decline in sales touched all firm stages over the past decade.Specifically, sales for Stage O (self-employed) establishments slipped by 2 percent, by 16 percent for Stage 1 firms, and by 20 percent for Stage 2 establishments. Sales for firms employing 500 or more workers sagged by 32 percent and by nearly 13 percent for Stage 3 establishments. On an overall basis, sales figures decreased from $14.5 billion to $12 billion over the 2000 to 2011 period.
  25. 25. 25 Industry and occupation section 05 Top five industries’ employment growth NAICS Description 2008 Jobs 2013 Jobs Change Change (%) North Central IN Region 62 Health Care and Social Assistance 6,838 9,130 2,292 34% 56 Administrative and Support and Waste Management and Remediation Services 2,631 3,209 578 22% 11 Crop and Animal Production 1,658 2,016 358 22% 72 Accommodation and Food Services 6,309 6,550 241 4% 48 Transportation and Warehousing 1,598 1,709 111 7% Rest of Indiana 62 Health Care and Social Assistance 341,261 368,395 27,134 8% 56 Administrative and Support and Waste Management and Remediation Services 156,665 175,093 18,428 12% 72 Accommodation and Food Services 234,029 242,656 8,627 4% 61 Educational Services 63,201 69,841 6,640 11% 48 Transportation and Warehousing 121,073 124,945 3,872 3% By total employment, the fastest-growing industry in North Central IN was HealthCare and Social Assistance. The industry was also the fastest growing in the rest of the state. Administrative and Support andWaste Management and Remediation Services appear in the top five growth industries for both regions, as doAccommodation and Food Services andTransportation and warehousing. Source: Economic Modeling Specialists International (EMSI) – EMSI 2014.3 Class of Worker Data (QCEW, non-QCEW, self-employed and extended proprietors)
  26. 26. 26 Industry and occupation section 05 Top five industries’ employment decline NAICS Description 2008 Jobs 2013 Jobs Change Change (%) North Central IN Region 90 Government 16,449 13,736 -2713 -16% 31 Manufacturing 21,712 19,340 -2372 -11% 23 Construction 3,988 3,366 -622 -16% 44 Retail Trade 9,355 8,870 -485 -5% 81 Other Services (except Public Administration) 4,141 3,873 -268 -6% Rest of Indiana 23 Construction 175,583 146,648 -28935 -16% 31 Manufacturing 503,844 475,619 -28225 -6% 90 Government 440,125 426,602 -13523 -3% 42 Wholesale Trade 112,541 105,682 -6859 -6% 52 Finance and Insurance 101,702 96,739 -4963 -5% Government, Manufacturing and Construction were the top industries experiencing the largest job declines in the region and the state between 2008 and 2013. These were the same industries most negatively impacted in the Rest of Indiana as well. Modest declines occurred in the RetailTrade and Other Services industries in the region. As for the state, the top industries ranking fourth and fifth in job losses where WholesaleTrade and Finance/Insurance. Source: Economic Modeling Specialists International (EMSI) – EMSI 2014.3 Class of Worker Data (QCEW, non-QCEW, self-employed and extended proprietors)
  27. 27. 27 How to interpret a bubble chart The graph’s four quadrants tell a different story for each cluster. Industry and occupation section 05 Modified from: http://www.charlestonregionaldata.com/bubble-chart-explanation/ 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 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 anticipate a future need. In general, clusters in this quadrant show a lack of competitiveness.
  28. 28. Industry and occupation section 05 Note: Label includes cluster name, LQ 2013, and Employment 2013 Industry cluster bubble chart Source: Economic Modeling Specialists International (EMSI) – EMSI 2014.3 Class of Worker Data (QCEW, non-QCEW, self-employed and extended proprietors), industrycluster definitions by PCRD Advanced Materials, 2.16, 6,466 Agribusiness, Food Processing And Technology, 1.84, 5,484 Apparel And Textiles, 0.18, 136 Arts, Entertainment, Recreation And Visitor Industries, 0.23, 921 Biomedical/Biotechnical (Life Sciences), 0.82, 6,414 Business And Financial Services, 0.19, 2,451 Chemicals, 0.39, 474 Defense And Security, 0.27, 1,156 Education And Knowledge Creation, 0.15, 355 Energy (Fossil And Renewable), 0.65, 3,465 Forest And Wood Products, 0.71, 1,139 Glass And Ceramics, 1.82, 306 Information Technology And Telecommunications, 0.43, 1,758 Manufacturing Supercluster, 4.33, 14,594 Mining, 1.21, 350 Printing And Publishing, 0.37, 628 Transportation And Logistics, 0.56, 1,731-1.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 -50% -45% -40% -35% -30% -25% -20% -15% -10% -5% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Mature Star Transitioning Emerging
  29. 29. 29 Industry and occupation section 05 Note: Label includes cluster name, LQ 2013, and Employment 2013 Manufacturing supercluster bubble chart Source: Economic Modeling Specialists International (EMSI) – EMSI 2014.3 Class of Worker Data (QCEW, non-QCEW, self-employed and extended proprietors), industrycluster definitions by PCRD Computer & Electronic Product Mfg, 0.62, 382 Fabricated Metal Product Mfg, 2.35, 1907 Machinery Mfg, 0.99, 642 Primary Metal Mfg, 4.54, 1027 Transportation Equipment Mfg, 11.82, 10150 Electrical Equip, Appliance & Component Mfg, 2.23, 486 -2.00 0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 -20% -10% 0% 10% 20% 30% 40%
  30. 30. 30 Bubble chart results Industry and occupation section 05 Stars  Agribusiness, Food Processing & Technology  Manufacturing Supercluster  Transportation Equipment  Fabricated Metal Product  Electrical Equip, Appliance & Comp. Manufacturing Emerging  Biomedical/Biotechnical (Life Sciences)  Education & Knowledge Creation  Energy (Fossil & Renewable)  Forest & Wood Products  Chemicals & Chemical Based Products  Information Technology & Telecommunications Transforming  Arts, Entertainment, Recreation & Visitor Industries  Apparel & Textiles  Business & Financial Services  Chemicals & Chemical Based Products  Defense & Security  Glass & Ceramics  Printing & Publishing  Manufacturing Supercluster  Computer & Electronic Product Mining  Machinery Mature  Advanced Materials  Mining  Manufacturing Supercluster  Primary Metal  Transportation & Logistics Percent Growth in Specialization LevelofSpecialization Source: Economic Modeling Specialists International (EMSI) 2014.3 Class of Worker, industry cluster definitions by PCRD
  31. 31. 31 Bubble chart interpretation Industry and occupation section 05 Mature Industries Few industry clusters in the North Central Region are in the Mature stage.This means they are relatively concentrated, but their growth is trending downward. Mining, Advanced Materials and Primary Metals are the mature clusters. It is worth noting, however, that the North Central Region may find it worthwhile to invest in efforts to shore up the concentration of some of these industries, if they are deemed important to the future economy of the region. Transforming Industries Transforming industries are relatively small and declining. In the North Central Region, the Arts, Defense, Business and Finance cluster, among others are transforming industries. Any amount of growth in these industries would require relatively large investments. Star Industries The most highly concentrated star industry cluster in the North Central Region is the Manufacturing Supercluster. Nearly all industries inside this cluster have high and growing LQ. The supercluster has a location quotient of 4.33, indicating that this cluster is about 4 times more concentrated in the region than the rest of the U.S. as a whole. Nearly 14,600 North Central jobs are captured by this cluster. Another strong cluster is Agribusiness, Food Processing andTechnology. These, and the remaining star clusters, constitute important drivers of the North Central Indiana Region’s economy. Emerging Industries Industry clusters that may be poised for growth are classified as “Emerging."In the North Central region several industry clusters are emerging. These clusters have gained strength over the 2008-13 period and may emerge as some of the important economic forces in the future. One worthy of note is the Biomedical/Biotech cluster.
  32. 32. 32 Industry and occupation section 05 Top five occupations in 2013 The top five occupations in North Central Indiana region account for 52 percent of all jobs. As the accompanying chart indicates, the largest occupation is made up of production occupations, with more than 14 percent of all jobs in the region linked to this occupation. This is followed by Office andAdministrative Support at 12 percent. Rounding out the top five occupations in the region are Food Preparation and Serving Related, at 9 percent, Sales and Related occupations at 9 percent, andTransportation and Material Moving at 8 percent of all occupations in the North Central IN Region. Source: Economic Modeling Specialists International (EMSI) – 2014.3 Class of Worker All other occupations 48% Production 14% Office and Administrative Support 12% Food Preparation and Serving Related 9% Sales and Related 9% Transportation and Material Moving 8%
  33. 33. 33 Industry and occupation section 05 STEM and STEM-related occupations STEM (Science,Technology, Engineering and Math) jobs slightly decreased in the North Central Region as opposed to the Rest of Indiana during the post-recession recovery period. The decline in STEM occupations in North Central was due to job losses in the computer analysts and specialists, civil, mechanical and industrial engineers and architects between 2008 and 2013. 2,945 2,797 -0.3% Change20132008 Job change in STEM occupations North Central Region Rest of Indiana 99,180 5% 99,434 STEM jobs in the North Central Indiana Region dropped by 0.3 percent, compared to a 5 percent growth in the rest of the state, between 2008 and 2013. Source: Economic Modeling Specialists International (EMSI) – EMSI 2014.3 Class of Worker Data (QCEW, non-QCEW, self-employed and extended proprietors)
  34. 34. 06 conclusions
  35. 35. 35 Conclusions section 06 North Central IN Region: key opportunities The North Central Indiana Data SnapShot report highlights a variety of data that paint a mixed picture of the present state of the region.The following information offers local leaders, organizations, agencies and residents with food for thought in terms of how to build on the existing and emerging assets of the region. Demography • The lost of population in the region is an issue of concern, and in contrast to the rest of the state, the region has a smaller percentage of people of prime working age and a larger share of older residents. Explore ways to retain a quality workforce and explore ways to address the needs of an aging population. Human Capital • Assess the human capital/workforce needs of existing firms in the region.The region appears to have an innovative vein that must be addressed by matching population skills with firm needs. Economic Development • Consider taking stock of the human capital attributes of workers who commute to jobs outside of the region. Those endowed with medium or high level skills may represent a prime source of labor for new or expanding companies in the region. • Focus attention on the needs and opportunities of first and second stage firms, since they represent key sources of jobs and sales in the area.These establishments will likely serve as prime generators of new jobs in the region. No doubt, restoring jobs that were lost by Stage 3 and 4 firms is worth exploring, the reality is that some of this size firms may be loss forever. • Consider investing in the “star” and “emerging” industry clusters that align with the long-term goals of the region. These are the areas in which the region has a competitive economic edge relative to the U.S. as a whole. Contact Us: The Purdue Center for Regional Development stands ready to assist with more in-depth data or program support to the North Central IN Region, as needed. Please check the back panel of this report for contact information.
  36. 36. 36 Report Contributors This report was prepared by the Purdue Center for Regional Development in partnership with Purdue University Extension. Data Analysis Indraneel Kumar, Ph.D. Ayoung Kim Report Authors Francisco Scott Bo Beaulieu, Ph.D. Report Design Tyler Wright This report was supported, in part, by grant #00048765 from the Economic Development Administration as part of its investment in the Purdue University’s EDA University Center project titled, “Align, Link and Leverage University Assets to Build Regional Economic Ecosystems that Support High-Growth Entrepreneurship.”
  37. 37. For more information, please contact: Dr. Bo Beaulieu, PCRD Director: ljb@purdue.edu Or 765-494-7273 The Purdue Center for Regional Development (PCRD) seeks to pioneer new ideas and strategies that contribute to regional collaboration, innovation and prosperity. June 2015

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