Texas Industry Profiles: Growing the Texas Economy www.texasindustryprofiles.com. Richard Froeschle Labor Market & Career Information Texas Workforce Commission [email protected] (512) 491-4941.
We are all in the business of economic development!
1. Construct an “image” for the Place. Identify key features and amenities and create the marketing image
2. Invest in marketing the Place. Packaging is as important as creating the image
3. Engage in “imagineering” on behalf of prospective expanding or relocating employers (what could be)
4. Review local community processes to see if they work smoothly or are a hindrance. Fix what’s broke.
5. Invest in infrastructure: roads, airport access, telecommunications/broadband, utilities
6. Create a viable workforce through local investments in quality basic education and skills training
7. Establish an “all stakeholders” public advisory body to serve as a rapid response team
8. Create financial opportunities e.g. tax incentives, industrial revenue bonds, land grants, private “deal-making” authority
9. Support small business assistance centers, business incubators, entrepreneurial training and related new business formation activities
10. Collect and maintain data on local industries, labor supply, growth trends, prevailing wages, profiles, etc.
To provide TWC administrators with pertinent information regarding how the Agency and Local Workforce Development Boards are interacting with the Texas and regional economy. Specifically how the TWC interacts with Texas industry sectors. This knowledge will be useful for reporting requirements and marketing within Texas industry segments and as a guidepost for the allocation and dispersion of targeted education and skills training funds.
To provide persons engaged in Texas economic development access to decision-critical information about the dynamics of the Texas and regional economies. This system will focus on aspects of industry employment dynamics, regional characteristics, availability of labor supply, industry clustering and related analyses to provide a foundation for economic development activities. Analytical functions will overlap, or be integrated with, the SOCRATES targeting system.
. 1. Career cluster data sets by LWDB and 16 U.S. DoE clusters
2. Electronics & Applied Computer Equipment
3. Telecommunications & Information Services
4. Legal, Protective & Human Support
5. HQs, Administrative & Government
6. Business & Financial Services
7. General Store Retailers
8. Tourism, Hospitality & Leisure
9. Distribution, Transportation & LogisticsModified Perryman Clusters (part I)
10. Heavy & Special Trade Construction
11. Energy, Mining and Related Support Services
12. Petroleum Refining & Chemicals
13. Transportation Equipment
14. Production Support & Industrial Machinery
15. Agriculture, Forestry and Food
16. Education, Training & Personal Development
17. Apparel, Leather, Wood & related Non-durables
18. Personal and Residential Services