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Regional Data Snapshot

Regional Data Snapshot. Target Industry Clusters SET Session 2. Glacial Lakes Region, South Dakota. 01. 02. 03. Overview. Table of contents. Target Industry Clusters. Industry Cluster Comparison. 01 overview. Glacial Lakes Region, SD. Overview. Glacial Lakes Region, SD.

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Regional Data Snapshot

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  1. Regional Data Snapshot Target Industry Clusters SET Session 2 Glacial Lakes Region, South Dakota

  2. 01 02 03 Overview Table of contents Target Industry Clusters Industry Cluster Comparison

  3. 01 • overview • Glacial Lakes Region, SD

  4. Overview Glacial Lakes Region, SD • The Glacial Lakes Region is comprised of 4 South Dakota counties. Interstate 29 connects the region to I-94 and Fargo in the north, and to I-90 and Sioux Falls in the south. • Day • Grant • Marshall • Roberts section 01

  5. 02 • target industry clusters Agribusiness, Food Processing and Technology Arts, Entertainment, Recreation and Visitor Industries

  6. Regional Job Growth: Three Key Components of the Shift-Share Analysis Expected Change The sum of the industrial mix and the national growth effects Explains how much of the regional industry’s growth is explained by the overall growth of the national economy Share of regional industry growth explained by the growth of the specific industry sector at the national level Note: The calculations ensure no double counting of job change effects from national to regional levels Explains how much of the change in a given industry is due to some unique competitive advantage that the region possesses section 02 Source: EMSI Website, http://www.economicmodeling.com/2011/12/05/understanding-shift-share-2/

  7. Agribusiness, Food Processing and Technology Shift-Share Analysis (Regional Performance) by Top Industry Sectors Note: Upward arrow ( ) indicates regional competitiveness. EMSI does not include detailed sectors for Other Snack Food Manufacturing. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  8. Agribusiness, Food Processing and Technology Shift-Share Analysis Industries that Underperformed Industries that Outperformed • Crop Production • Farm Supplies Merchant Wholesalers • Farm and Garden Machinery and Equipment Merchant Wholesalers • Cheese Manufacturing • Commercial Bakeries • Farm Labor Contractors and Crew Leaders • Dog and Cat Food Manufacturing • Crop Harvesting, Primarily by Machine • Livestock Merchant Wholesalers • Postharvest Crop Activities (except Cotton Ginning) • Farm Management Services • Grain and Field Bean Merchant Wholesalers • Soil Preparation, Planting, and Cultivating • Animal Production and Aquaculture section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  9. Agribusiness, Food Processing and Technology Top Industry Sectors • Note: Sorted similarly as the shift-share analysis slide. EMSI does not include detailed sectors for Crop Harvesting, Primarily by Machine; and Other Snack Food Manufacturing. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  10. Agribusiness, Food Processing and Technology Top 15 Inputs by Dollars Note: * industry sector has less than 10 jobs as calculated by EMSI; ** industry sector is not present in the region. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  11. Agribusiness, Food Processing and Technology Top 15 Inputs by Dollars Note: ** industry sector is not present in the region. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  12. Agribusiness, Food Processing and Technology Top Occupations Note: SOC (Standard Occupation Classification) 5-digit occupations are included by jobs in 2014. Extended proprietors include estimates for underreported self employment, proprietorships, trusts, partnerships and cooperatives. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  13. Arts, Entertainment, Recreation and Visitor Industries Shift-Share Analysis (Regional Performance) by Top Industry Sectors Note: Upward arrow ( ) indicates regional competitiveness. EMSI does not include detailed sectors for Travel Agencies; Radio Stations; Amusement Arcades; Radio Networks; Racetracks; Sports Teams and Clubs; Theater Companies and Dinner Theaters; and Other Spectator Sports. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  14. Arts, Entertainment, Recreation and Visitor Industries Shift-Share Analysis Industries that Underperformed Industries that Outperformed • Golf Courses and Country Clubs • Fitness and Recreational Sports Centers • Motion Picture Theaters (except Drive-Ins) • RV (Recreational Vehicle) Parks and Campgrounds • Hotels (except Casino Hotels) and Motels • All Other Amusement and Recreation Industries section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  15. Arts, Entertainment, Recreation and Visitor Industries Top Industry Sectors • Note: Sorted similarly as the shift-share analysis slide. EMSI does not include detailed sectors for Motion Picture Theaters (except Drive-Ins); Travel Agencies; Radio Stations; Amusement Arcades; Radio Networks; Racetracks; Sports Teams and Clubs; Theater Companies and Dinner Theaters; and Other Spectator Sports. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  16. Arts, Entertainment, Recreation and Visitor Industries Top 15 Inputs by Dollars Note: * industry sector has less than 10 jobs as calculated by EMSI. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  17. Arts, Entertainment, Recreation and Visitor Industries Top 15 Inputs by Dollars section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  18. Arts, Entertainment, Recreation and Visitor Industries Top Occupations Note: SOC (Standard Occupation Classification) 5-digit occupations are included by jobs in 2014. Extended proprietors include estimates for underreported self employment, proprietorships, trusts, partnerships and cooperatives. EMSI does not include detailed occupations for Cooks, Restaurant; Cooks, Institution and Cafeteria Cooks, Fast Food; Security Guards; Lifeguards, Ski Patrol, and Other Recreational Protective Service Workers; Chefs and Head Cooks; and First-Line Supervisors of Food Preparation and Serving Workers. section 02 • Source: EMSI Class of Worker 2015.4 (QCEW, non-QCEW, self-employed and extended proprietors).

  19. 03 • Cluster Comparisons Agribusiness, Food Processing and Technology Arts, Entertainment, Recreation and Visitor Industries

  20. Agribusiness, Food Processing and Technology Contribution by Counties (Jobs, 2014) 1,150 871 Marshall Roberts 817 1,366 Day Grant section 03 • Source: EMSI 2015.4 (QCEW Employees, Non-QCEW Employees, Self-Employed, and Extended Proprietors); Industry cluster definitions by PCRD

  21. Art, Entertainment, Recreation and Visitor Industries Contribution by Counties (Jobs, 2014) 67 62 Marshall Roberts 95 106 Day Grant section 03 • Source: EMSI 2015.4 (QCEW Employees, Non-QCEW Employees, Self-Employed, and Extended Proprietors); Industry cluster definitions by PCRD

  22. Industry Clusters: Components to Assess section 03 • Source: EMSI 2015.4 (QCEW Employees, Non-QCEW Employees, Self-Employed, and Extended Proprietors); Industry cluster definitions by PCRD

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