south plains region, tx

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South Plains Region, TX The region includes the following counties: Castro, Floyd, Hale, Lamb, and Swisher Source: RDM, PCRD & ESRI

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South Plains Region, TX. The region includes the following counties: Castro, Floyd, Hale, Lamb, and Swisher. Source: RDM, PCRD & ESRI. South Plains Region: Economic Attributes. Data Source: EMSI 2013.1 & Census. South Plains Region. - PowerPoint PPT Presentation

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Page 1: South Plains Region, TX

South Plains Region, TX

The region includes the following counties:• Castro, Floyd, Hale, Lamb, and Swisher

Source: RDM, PCRD & ESRI

Page 2: South Plains Region, TX

Economic & Demographic Attributes Value Remarks Source

Population (2012) 72,815 People living in the region Census

Jobs (2012) 36,797 Full and part-time jobs EMSI (QCEW, BLS; BEA)

Average Earnings (2012) $33,655Include wages, salaries, supplements and proprietor income

EMSI (BLS; BEA)

Completions (2010) 1,969 Students completing a specific course of study EMSI (NCES; IPEDS)

GRP, Gross Regional Product (2012) $1,939,526,721

Final market value of all goods and services produced in the region

EMSI (BEA; QCEW, BLS)

Exports (2012) $3,966,991,475$ earned from selling goods and services to foreign and external domestic regions

EMSI model (BEA)

Imports (2012) $4,224,584,568$ spent on procuring goods and services from foreign and external domestic region

EMSI model (BEA)

South Plains Region: Economic Attributes

Data Source: EMSI 2013.1 & Census

Page 3: South Plains Region, TX

Note: Label includes cluster name, LQ 2012, and Employment 2012

Data Source: EMSI 2013. 2, industry cluster definitions by PCRD

South Plains Region

Advanced Materials, 0.22, 227

Agri. & Food Process., 9.27, 4,984

Apparel & Textiles, 1.75, 473

Biomedical/Biotechnical, 0.57, 1,577Business & Financial Services, 0.54, 2,440

Energy (Fossil & Renewable), 1.01, 1,539Edu. & Knowledge, 0.98, 825

Chemicals & Chemical Based , 0.48, 203Defense & Security, 0.18, 193

IT & Telecomm., 0.08, 108

Arts & Ent., 0.3, 425

Mfg Supercluster, 0.37, 449

Mining, 0.84, 88

Printing & Publishing, 0.22, 138

Transportation & Logistics, 2.05, 2,237

Forest & Wood Prod., 0.15, 47

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-80% -50% -20% 10% 40% 70% 100% 130% 160% 190% 220% 250% 280%

LQ, 2

012

% Change in LQ, 2007-2012

Industry Cluster Analysis, 2007-2012

Mature Star

Transforming Emerging

Page 4: South Plains Region, TX

South Plains Region

Note: Label includes cluster name, LQ 2012, and Employment 2012

Data Source: EMSI 2013. 2, industry cluster definitions by PCRD

Page 5: South Plains Region, TX

StarsMature

TRANSFORMING EmergingP e r c e n t G r o w t h i n S p e c i a l i z a t i o n

L e v

e l

o

f S

p e

c i a

l i z

a t

i o n

Industry Cluster Analysis, 2007-2012

• Advanced Materials• Biomedical/Biotechnical (Life Sciences)• Business & Financial Services• Chemicals & Chemical Based Products• Education & Knowledge Creation• Fabricated Metal Product

Manufacturing• Forest & Wood Products• Manufacturing Supercluster• Mining• Printing & Publishing

• Agribusiness, Food Processing & Technology

• Apparel & Textiles• Transportation & Logistics

• Energy (Fossil & Renewable)• Machinery Manufacturing

• Arts, Entertainment, Recreation & Visitor Industries

• Defense & Security• Information Technology &

Telecommunications

Page 6: South Plains Region, TX

South Plains Region

Note: Label includes cluster name, LQ 2007, and Employment 2007

Data Source: EMSI 2013. 2, industry cluster definitions by PCRD

Business & Financial Services, 0.44, 1,819

Energy (Fossil & Renewable), 0.84, 1,192

Advanced Materials, 0.06, 69

Agri. & Food Process., 9.59, 5,120

Apparel & Textiles, 2.4, 768

Biomedical/Biotechnical, 0.56, 1,458

Chemicals & Chemical Based , 0.37, 185Defense & Security, 0.21, 215

Edu. & Knowledge, 0.79, 605

Forest & Wood Prod., 0.14, 57

IT & Telecomm., 0.10, 126

Mfg Supercluster, 0.32, 445

Arts & Ent., 0.3, 424

Mining, 0.37, 38

Printing & Publishing, 0.21, 147

Transportation & Logistics, 2.11, 2,399

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-60% -40% -20% 0% 20% 40% 60% 80% 100% 120% 140% 160% 180% 200%

LQ. 2

007

% Change in LQ, 2002-2007

Industry Cluster Analysis, 2002-2007

Mature Star

Transforming Emerging

Page 7: South Plains Region, TX

South Plains Group

Note: Label includes cluster name, LQ 2007, and Employment 2007

Data Source: EMSI 2013. 2, industry cluster definitions by PCRD

Page 8: South Plains Region, TX

Industry Cluster Analysis, 2002-2007

StarsMature

TRANSFORMING EmergingP e r c e n t G r o w t h i n S p e c i a l i z a t i o n

L e v

e l

o

f S

p e

c i a

l i z

a t

i o n

• Arts, Entertainment, Recreation & Visitor Industries

• Fabricated Metal Product Manufacturing

• Forest & Wood Products• Manufacturing Supercluster• Printing & Publishing

• Agribusiness, Food Processing & Technology

• Apparel & Textiles• Machinery Manufacturing• Transportation & Logistics

• Advanced Materials• Biomedical/Biotechnical (Life

Sciences)• Business & Financial Services• Chemicals & Chemical Based Products• Defense & Security• Education & Knowledge Creation• Energy (Fossil & Renewable)• Information Technology &

Telecommunications• Mining

Page 9: South Plains Region, TX

Average Earnings of Industry Clusters, 2012

Data Source: EMSI 2013.2 & 2013.1, industry cluster definitions by PCRD

Chemica

ls & Chem

ical B

ased

Mining

Advanced

Mate

rials

Fab. M

etal P

rod. M

fg

Transporta

tion & Lo

gistics

IT & Te

lecomm.

Energ

y (Fo

ssil &

Renew

able)

Mfg Su

percluste

r

Machinery

Mfg

Biomedica

l/Biotec

hnical

Agri. &

Food Proces

s.

Fores

t & W

ood Prod.

Apparel &

Texti

les

Business

& Fin

ancia

l Serv

ices

Printing &

Publishing

Edu. &

Knowledge

Defense

& Secu

rity

Arts & En

t. $-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000 South Plains Region, Average Earnings, 2012

Average Earnings, Region, 2012

Average Earnings, TX, 2012

Page 10: South Plains Region, TX

Data Source: EMSI 2013.2, industry cluster definitions by PCRD

South Plains Region, Industry Clusters, 2012

Note: Computer & electronic product mfg, Glass & ceramics, Transportation equipment mfg, Electrical equip mfg, and Primary metal mfg do not exist in the region

Cluster Name 2012 Jobs 2012 LQPercent Change LQ, 2007-2012 2012 EPW

Competitive Effect (shift-share), 2007-2012

Agribusiness, Food Processing & Technology 4,984 9.27 (3%) $38,489 -198Business & Financial Services 2,440 0.54 23% $30,416 442Transportation & Logistics 2,237 2.05 (3%) $48,321 -73Biomedical/Biotechnical (Life Sciences) 1,577 0.57 2% $40,734 4Energy (Fossil & Renewable) 1,539 1.01 20% $47,699 247Education & Knowledge Creation 825 0.98 24% $26,675 153Apparel & Textiles 473 1.75 (27%) $32,436 -178Manufacturing Supercluster 449 0.37 16% $45,852 56Arts, Entertainment, Recreation & Visitor Industries 425 0.3 0% $15,747 -4Machinery Manufacturing 332 1.43 4% $43,048 9Advanced Materials 227 0.22 267% $60,168 164Chemicals & Chemical Based Products 203 0.48 30% $83,082 44Defense & Security 193 0.18 (14%) $24,464 -31Printing & Publishing 138 0.22 5% $27,608 2Fabricated Metal Product Manufacturing 116 0.41 41% $53,912 32Information Technology & Telecommunications 108 0.08 (20%) $47,938 -17Mining 88 0.84 127% $76,190 49Forest & Wood Products 47 0.15 7% $36,236 4

Page 11: South Plains Region, TX

Note : ** presents “Star clusters”.Data Source: EMSI 2013. 2, industry cluster definitions by PCRD

South Plains Region

Page 12: South Plains Region, TX

Purdue Center for Regional DevelopmentPurdue University

Gerald D. and Edna E. Mann Hall, Suite 266203 Martin Jischke Drive

West Lafayette, IN 47907-2057