Blair County's Competitive Economic Advantage

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Presentation by Rose Baker and David Passmore at Blair County Economic Summit on September 20, 2010, in Altoona, Pennsylvania.

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Blair County's Competitive Economic Advantage

  1. 1. Blair County’s Competitive Economic Advantage<br />Altoona, PA<br />September 20, 2010<br />Rose M. Baker & David L. Passmore<br />Penn State Workforce Education <br />& Development Initiative<br />
  2. 2. http://BlairCounty.notlong.com<br />Summary<br />Slides from this presentation<br />Links to government & Blair County web sites<br />Links to the report for download or to read online<br />
  3. 3. Today…<br />
  4. 4. Today…<br />
  5. 5. Blair County v Pennsylvania<br />Lower —<br />• Educational attainment<br />• Hourly earnings<br />• Per capita income<br />• Foreign born<br />Higher —<br />• % <18 years old in poverty<br />• % with disability<br />
  6. 6. Today…<br />
  7. 7. Defining competitive advantage<br />More highly concentrated than in nation<br />More employed in 2008 than in 2005<br />Employment growth in region better than nation and in industry in nation<br />More than 200 workers<br />
  8. 8. Ten industries creatingcompetitive advantage<br />Paper manufacturing<br />Warehousing & storage<br />General merchandise stores<br />Building material & garden equipment & supply dealers<br />Waste management & remediation services<br />Food manufacturing<br />Social assistance<br />Miscellaneous store retailers<br />Sporting goods, hobby, book, & music stores<br />Miscellaneous manufacturing<br />
  9. 9. Today…<br />
  10. 10. Existing regional markets <br />Business–to–business transactions <br />Regional supplier<br />Buys from<br />Industry creating competitive advantage<br />Regional business customer<br />Sells to<br />
  11. 11. Existing regional markets <br />Business–to–business transactions <br />Regional supplier<br />Buys from<br />Industry creating competitive advantage<br />Regional business customer<br />Sells to<br />
  12. 12. Potential regional markets <br />Substitution…Disconnects<br />
  13. 13. Potential regional markets <br />Substitution…Disconnects<br />
  14. 14. Today…<br />
  15. 15. Defining economic leverage<br />Industries with robust growth at national level are more likely to expand regionally than industries with flat or declining growth.<br />Larger establishments have potential for larger aggregate job increases than smaller establishments.<br />Higher wage industries induce greater impacts on local economy than lower wage industries.<br />Some industries make higher per capita contributions to local taxes and fees than other industries make.<br />Some industries produce a larger “ripple effect” on regional income than other industries.<br />
  16. 16. Industries ranked by leverageon Blair County economy<br />1. Paper manufacturing<br />2. Warehousing & storage<br />3. General merchandise stores<br />4. Building material & garden equipment & supply dealers<br />5. Waste management & remediation services<br />6. Food manufacturing<br />7. Social assistance<br />8. Miscellaneous store retailers<br />9. Sporting goods, hobby, book, & music stores<br />10. Miscellaneous manufacturing<br />
  17. 17. Competitiveness, Human Capital, & Innovation in the Blair County Economy<br />Altoona, PA<br />May 22, 2009<br />Rose M. Baker & David L. Passmore<br />Penn State Workforce Education <br />& Development Initiative<br />

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