Building Regional Prosperity –  A 4T Approach Dayton-Springfield, OH
A thriving community starts… with a diverse high-performing economy: Service Working Creative
U.S. Workforce:  A Growing Creative Economy  Source: U.S. Bureau of Labor Statistics, 2006. Creative Class Group, 2008.  W...
USA Creative Class … 150 million  creative  class types worldwide <ul><li>40 m illion  creative class </li></ul><ul><li>31...
Who works in the Creative Sector? <ul><li>Workers in: </li></ul><ul><li>T echnology and R&D </li></ul><ul><li>A rts and cu...
What drives a prosperous economy? People are the  MAIN driver   of economic development !
But it takes  more than jobs   to attract talent.
To attract talent a region needs,  Tolerance :  A supportive environment for diverse self-expression  Technology : Accessi...
Regional Growth & Prosperity creativeclass SM A 4T Economic Strategy Talent Technology Territory Assets Tolerance
What’s an LQ? Location Quotient   -  Compares the concentration of a community’s asset to the national average. For exampl...
creativeclass SM How to read an LQ:  1.25  <  SIGNIFICANTLY ABOVE   the National Average 1.00  <  Above the National Avera...
Overall Measures…
creativeclass SM Our list of Overall Indicators is provided to furnish a traditional barometer of a community’s economic p...
Creativity Index Source:  Creative Class Group, 2008. Note: Dayton MSA was used.
Population  (2006) Source: U.S. American Community Survey, 2006.  CCG, 2008
Population Growth (2000-2006) Source: U.S. American Community Survey, 2006.  U.S. Census, 2000. CCG, 2008
Population Growth (2005-2006) Source: U.S. American Community Survey, 2005-2006.  CCG, 2008
Median Household Income (2006) Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Median Household Income (2006)  (% above or below U.S. average) Source: U.S. American Community Survey, 2006.  CCG, 2008 N...
Median Family Income (2006) Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Median Family Income (2006)  (% above or below U.S. average) Source: U.S. American Community Survey, 2006.  CCG, 2008 Note...
Median Per Capita Income (2006) Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Median Per Capita Income (2006)  (% above or below U.S. average) Source: U.S. American Community Survey, 2006.  CCG, 2008 ...
1-Year Job Growth  (2005-2006)  (# of new jobs) Source:  Bureau of Labor Statistics, 2005-2006.  CCG, 2008
1-Year Job Growth % (2005-2006) Source:  Bureau of Labor Statistics, 2005-2006.  CCG, 2008
5-Year Job Growth  (2001-2006)  (# of new jobs) Source:  Bureau of Labor Statistics, 2001-2006.  CCG, 2008
5-Year Job Growth % (2001-2006) Source:  Bureau of Labor Statistics, 2001-2006.  CCG, 2008
Unemployment Rate % (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Technology…
Technology Your technology assets are a critical component of your community’s ability to thrive in the creative economy. ...
Tech Index Source:  Creative Class Group, 2008. Note: Dayton MSA was used.
Firm Growth % (2003-2005) Source:  U.S. Census, County Business Patterns, 2003-2005.  CCG, 2008
Professional and Tech Firm Growth %  (2003-2005) Source:  U.S. Census, County Business Patterns, 2003-2005.  CCG, 2008
Milken Tech Index Source: Milken Institute, 2007.  Note: Dayton MSA was used.
Talent…
All of our work indicates that talent and a community’s ability to attract and retain talent is the defining issue of the ...
Talent Index Source:  Creative Class Group, 2008. Note: Dayton MSA was used.
Creative Class % (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Super Creative Class % (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Service Sector % (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Working Sector % (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Creative Class  (2006)  (per sq. mile) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Super Creative Class  (2006)  (per sq. mile) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Service Sector (2006)  (per sq. mile) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Working Sector (2006)  (per sq. mile) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Future Talent %  (2006)  (% of population 18-34) Source: U.S. American Community Survey, 2006.  U.S. Census, 2000. CCG, 2008
Median Age (2006)  Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
High School Diploma (2006) (% of workforce) Source:  U.S. Census, American Community Survey, 2006.
Associates Degree (2006) (% of workforce) Source:  U.S. Census, American Community Survey, 2006.
Bachelors Degree (2006) (% of workforce) Source:  U.S. Census, American Community Survey, 2006.
Advanced Degree (2006) (% of workforce) Source:  U.S. Census, American Community Survey, 2006.
BA and Above (2006) (% of workforce) Source:  U.S. Census, American Community Survey, 2006.
Brain Drain Index Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Tolerance…
All of our work indicates that community’s with a tolerant environment, and environment that values the contributions of t...
Tolerance Index Source:  Creative Class Group, 2008. Note: Dayton MSA was used.
Non-White & Non-Black Population %  (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Hispanic Population %  (2006) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Melting Pot Index (2006) (% of foreign born residents) Source:  Bureau of Labor Statistics, 2006.  CCG, 2008
Inequality Index Source:  Creative Class Group, 2008. Note: Dayton MSA was used.
Bohemian Index Source:  Creative Class Group, 2008. Note: Dayton MSA was used.
Gay Index Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Lesbian Index  Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Gay & Lesbian Index Source: U.S. American Community Survey, 2006.  CCG, 2008 Note: Dayton MSA was used.
Territory Assets…
We define a community’s territory assets as its built environment combined with its natural environment…think buildings an...
Median Housing Value (2007) Source: National Association of REALTORS, QIII 2007.  Note: Dayton MSA was used.
Median Housing  Value Growth %  (2004-2007)  N/A N/A Source: National Association of REALTORS, QIII 2007.  Note: Dayton MS...
Average Apartment Rent Source: ACCRA, Cost of Living Index, QIII, 2007.  Note: Dayton MSA was used.
Cost of Living Index (National Average =100) Source: ACCRA, Cost of Living Index, QIII, 2007.  Note: Dayton MSA was used.
Healthcare Cost Index (National Average =100) Source: ACCRA, Cost of Living Index, QIII, 2007.  Note: Dayton MSA was used.
Mean Commute Time (2006) (in minutes) Source: U.S. Census, American Community Survey, 2006 Note: Dayton MSA was used.
Violent Crimes (2006) (# of crimes per 100K residents) Source: FBI Crime Statistics, 2006. Note: Dayton MSA was used.  N/A
Property Crimes (2006) (# of crimes per 100K residents) Source: FBI Crime Statistics, 2006. Note: Dayton MSA was used.
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Dayton-Springfield Creative Class Demographics

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Created by the Creative Class Group for Dayton CREATE (www.daytoncreate.org), this presentation shows the regions strengths and weaknesses according to the economic development theories of Richard Florida.

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Dayton-Springfield Creative Class Demographics

  1. 1. Building Regional Prosperity – A 4T Approach Dayton-Springfield, OH
  2. 2. A thriving community starts… with a diverse high-performing economy: Service Working Creative
  3. 3. U.S. Workforce: A Growing Creative Economy Source: U.S. Bureau of Labor Statistics, 2006. Creative Class Group, 2008. Workers Workforce % Wages % Creative 40 million 30.3% 48.9% Service 48.6 million 46.1% 31.1% Working 24.6 million 23.3% 19.9%
  4. 4. USA Creative Class … 150 million creative class types worldwide <ul><li>40 m illion creative class </li></ul><ul><li>31% of the workforce </li></ul><ul><li>50% of total wages & income = $2.1 trillion </li></ul><ul><li>$474 plus in discretionary purchasing power </li></ul>Source: U.S. Bureau of Labor Statistics, 2006. Creative Class Group, 2008.
  5. 5. Who works in the Creative Sector? <ul><li>Workers in: </li></ul><ul><li>T echnology and R&D </li></ul><ul><li>A rts and culture </li></ul><ul><li>P rofessional and managerial </li></ul><ul><li>E ducation and training </li></ul>
  6. 6. What drives a prosperous economy? People are the MAIN driver of economic development !
  7. 7. But it takes more than jobs to attract talent.
  8. 8. To attract talent a region needs, Tolerance : A supportive environment for diverse self-expression Technology : Accessible mechanisms for people to turn their talent into market or public goods. Territorial Assets : Quality of place
  9. 9. Regional Growth & Prosperity creativeclass SM A 4T Economic Strategy Talent Technology Territory Assets Tolerance
  10. 10. What’s an LQ? Location Quotient - Compares the concentration of a community’s asset to the national average. For example:
  11. 11. creativeclass SM How to read an LQ: 1.25 < SIGNIFICANTLY ABOVE the National Average 1.00 < Above the National Average 1.00 = EQUALS the NATIONAL AVERE 1.00 > Below the National Average 0.75 < SIGNIFICANTLY BELOW the National Average Location Quotient - Compares the concentration of a community’s asset to the national average.
  12. 12. Overall Measures…
  13. 13. creativeclass SM Our list of Overall Indicators is provided to furnish a traditional barometer of a community’s economic performance. Benchmark communities were selected from The Rise of the Creative Class, Creativity Index and suggested communities from the Dayton Dvelopment Coalition. Overall Measures
  14. 14. Creativity Index Source: Creative Class Group, 2008. Note: Dayton MSA was used.
  15. 15. Population (2006) Source: U.S. American Community Survey, 2006. CCG, 2008
  16. 16. Population Growth (2000-2006) Source: U.S. American Community Survey, 2006. U.S. Census, 2000. CCG, 2008
  17. 17. Population Growth (2005-2006) Source: U.S. American Community Survey, 2005-2006. CCG, 2008
  18. 18. Median Household Income (2006) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  19. 19. Median Household Income (2006) (% above or below U.S. average) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  20. 20. Median Family Income (2006) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  21. 21. Median Family Income (2006) (% above or below U.S. average) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  22. 22. Median Per Capita Income (2006) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  23. 23. Median Per Capita Income (2006) (% above or below U.S. average) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  24. 24. 1-Year Job Growth (2005-2006) (# of new jobs) Source: Bureau of Labor Statistics, 2005-2006. CCG, 2008
  25. 25. 1-Year Job Growth % (2005-2006) Source: Bureau of Labor Statistics, 2005-2006. CCG, 2008
  26. 26. 5-Year Job Growth (2001-2006) (# of new jobs) Source: Bureau of Labor Statistics, 2001-2006. CCG, 2008
  27. 27. 5-Year Job Growth % (2001-2006) Source: Bureau of Labor Statistics, 2001-2006. CCG, 2008
  28. 28. Unemployment Rate % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  29. 29. Technology…
  30. 30. Technology Your technology assets are a critical component of your community’s ability to thrive in the creative economy. Remember, technological assets include infrastructure that helps residents express themselves. How can and does your community facilitate the transfer of ideas into marketable products? Does your community have a Technology Council or an Angel Investor network?
  31. 31. Tech Index Source: Creative Class Group, 2008. Note: Dayton MSA was used.
  32. 32. Firm Growth % (2003-2005) Source: U.S. Census, County Business Patterns, 2003-2005. CCG, 2008
  33. 33. Professional and Tech Firm Growth % (2003-2005) Source: U.S. Census, County Business Patterns, 2003-2005. CCG, 2008
  34. 34. Milken Tech Index Source: Milken Institute, 2007. Note: Dayton MSA was used.
  35. 35. Talent…
  36. 36. All of our work indicates that talent and a community’s ability to attract and retain talent is the defining issue of the creative economy. If your community is performing well on the talent indicators, what are the reasons for this success and what are the talent assets that you can continue to grow further? If your community is performing less than robustly on the talent indicators what innovative strategies and initiatives are you working on to address this significant challenge? Talent Indicators
  37. 37. Talent Index Source: Creative Class Group, 2008. Note: Dayton MSA was used.
  38. 38. Creative Class % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  39. 39. Super Creative Class % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  40. 40. Service Sector % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  41. 41. Working Sector % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  42. 42. Creative Class (2006) (per sq. mile) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  43. 43. Super Creative Class (2006) (per sq. mile) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  44. 44. Service Sector (2006) (per sq. mile) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  45. 45. Working Sector (2006) (per sq. mile) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  46. 46. Future Talent % (2006) (% of population 18-34) Source: U.S. American Community Survey, 2006. U.S. Census, 2000. CCG, 2008
  47. 47. Median Age (2006) Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  48. 48. High School Diploma (2006) (% of workforce) Source: U.S. Census, American Community Survey, 2006.
  49. 49. Associates Degree (2006) (% of workforce) Source: U.S. Census, American Community Survey, 2006.
  50. 50. Bachelors Degree (2006) (% of workforce) Source: U.S. Census, American Community Survey, 2006.
  51. 51. Advanced Degree (2006) (% of workforce) Source: U.S. Census, American Community Survey, 2006.
  52. 52. BA and Above (2006) (% of workforce) Source: U.S. Census, American Community Survey, 2006.
  53. 53. Brain Drain Index Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  54. 54. Tolerance…
  55. 55. All of our work indicates that community’s with a tolerant environment, and environment that values the contributions of the greatest and most diverse portions of it’s population, are the communities best poised to thrive and achieve sustainability in the creative economy. Our work also clearly indicates that there is a direct correlation between a community’s tolerance and it’s ability to foster innovations in business, science and culture. Tolerance
  56. 56. Tolerance Index Source: Creative Class Group, 2008. Note: Dayton MSA was used.
  57. 57. Non-White & Non-Black Population % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  58. 58. Hispanic Population % (2006) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  59. 59. Melting Pot Index (2006) (% of foreign born residents) Source: Bureau of Labor Statistics, 2006. CCG, 2008
  60. 60. Inequality Index Source: Creative Class Group, 2008. Note: Dayton MSA was used.
  61. 61. Bohemian Index Source: Creative Class Group, 2008. Note: Dayton MSA was used.
  62. 62. Gay Index Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  63. 63. Lesbian Index Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  64. 64. Gay & Lesbian Index Source: U.S. American Community Survey, 2006. CCG, 2008 Note: Dayton MSA was used.
  65. 65. Territory Assets…
  66. 66. We define a community’s territory assets as its built environment combined with its natural environment…think buildings and trees. Territory
  67. 67. Median Housing Value (2007) Source: National Association of REALTORS, QIII 2007. Note: Dayton MSA was used.
  68. 68. Median Housing Value Growth % (2004-2007) N/A N/A Source: National Association of REALTORS, QIII 2007. Note: Dayton MSA was used.
  69. 69. Average Apartment Rent Source: ACCRA, Cost of Living Index, QIII, 2007. Note: Dayton MSA was used.
  70. 70. Cost of Living Index (National Average =100) Source: ACCRA, Cost of Living Index, QIII, 2007. Note: Dayton MSA was used.
  71. 71. Healthcare Cost Index (National Average =100) Source: ACCRA, Cost of Living Index, QIII, 2007. Note: Dayton MSA was used.
  72. 72. Mean Commute Time (2006) (in minutes) Source: U.S. Census, American Community Survey, 2006 Note: Dayton MSA was used.
  73. 73. Violent Crimes (2006) (# of crimes per 100K residents) Source: FBI Crime Statistics, 2006. Note: Dayton MSA was used. N/A
  74. 74. Property Crimes (2006) (# of crimes per 100K residents) Source: FBI Crime Statistics, 2006. Note: Dayton MSA was used.

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