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05-11-2022 Workshop Packet
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05-11-2022 Workshop Packet
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7/27/2022 6:17:58 PM
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Economic Analysis <br />●City compared to metro area <br />○Location quotient : job concentration <br />ratio <br />○Local share: employment change <br />attributable to local (not regional) <br />economic factors <br />●Infrastructure support for thriving <br />in dustry <br />○Multimodal connectivity to high-paying <br />local jobs with good outlooks <br />○Prioritize industry clusters <br />LQ > 1 indicates local <br />industry concentration <br />Percentage increase <br />indicate s re gional <br />competitiveness <br />Higher pay than <br />the regional <br />average
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