White River Colorado
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1 White River Colorado State County Metro Status Colorado Moffat Noncore Colorado Rio Blanco Noncore Colorado Routt Noncore Prepared by: Roberto Gallardo Associate Extension Professor March 2013 Pg. 1
2 Pre-Defined* Clusters Pre-Defined Clusters Code No. Industries Advanced Materials Manufacturing Adv. Mat. 132 Agribusiness, Food Processing & Technology Agribusiness 78 Apparel & Textiles Apparel 63 Arts, Ent., Recreation and Visitor Industries 57 /Biotechnical (Life Sciences) 45 Business & Financial Services Business & Financial 85 Chemicals & Chemical Based Products Manufacturing Chemicals 79 Computer & Electronic Product Manufacturing Computer 30 Defense & Security Defense 37 Education & Knowledge Creation Education 28 Equip., Appliance and Component Manufacturing 22 (Fossil & Renewable) 71 Fabricated Metal Product Manufacturing Fabricated Metal 39 Forest & Wood Products Forest 60 & Ceramics 17 Information Technology & Telecommunications IT Telecomm 57 Machinery Manufacturing Machinery 49 Mining Mining 23 Manufacturing 25 Printing & Publishing Printing 38 Transportation & Logistics Transp. & Logistics 47 Transportation Equipment Manufacturing Transp. Equip. 30 *For a list of six-digit NAICS codes industries within each cluster see separate file Source: EMSI Complete employment Last Updated: October 2012 Pg. 2
3 ( ) % Change Jobs Computer Transp. Equipment Transp. & Logistics Ag. Business Business & Financial Adv. Mat. Ag. Business Apparel Business & Financial Chemicals Computer Defense Education Fabricated Metal Forest IT Telecomm Machinery Mining Printing Transp. & Logistics Transp. Equip LQ Bubble size represents cluster s average earnings in 2012 ; Source: EMSI Complete Employment Pg. 3
4 ( ) % Change Jobs Apparel Machinery IT Telecomm Transp. Equipment Transp. & Logistics Agribusiness Business & Financial Adv. Mat. Ag. Business Apparel Business & Financial Chemicals Computer Defense Education Fabricated Metal Forest IT Telecomm Machinery Mining Printing Transp. & Logistics Transp. Equip LQ Bubble size represents cluster s average earnings in 2012; Source: EMSI Complete Employment Pg. 4
5 Bubble Chart Results White River 2007 LQ 2002 Jobs 2007 Jobs Job Ch Avg. Earnings Type ,630 4, $81,574 Stars Business & Financial ,582 3, $31,329 Stars ,698 2, $23,710 Stars Ag. Business ,697 1, $25,623 Stars ,072 1, $46,213 Stars Transp. & Logistics $47,645 Emerging Education $28,274 Transforming Defense $46,541 Emerging Printing $31,636 Emerging IT Telecomm $58,283 Emerging Mining $49,284 Transforming Adv. Mat $55,793 Transforming Forest $33,416 Transforming Chemicals $63,682 Emerging Apparel $86,456 Emerging Fabricated Metal $64,088 Transforming Transp. Equip $54,145 Transforming Computer $58,924 Emerging Machinery $30,439 Transforming *Clusters were ranked in descending order based on their 2007 LQ Source: EMSI Complete Employment Pg. 5
6 *Clusters were ranked in descending order based on their 2012 LQ Source: EMSI Complete Employment Bubble Chart Results White River 2012 LQ 2007 Jobs 2012 Jobs Job Ch Avg. Earnings Type ,947 4, $81,574 Mature Business & Financial ,669 4, $31,329 Stars ,731 3, $23,710 Stars Ag. Business ,755 1, $25,623 Stars ,207 1, $46,213 Stars Transp. & Logistics $47,645 Emerging Education $28,274 Emerging Defense $46,541 Emerging IT Telecomm $58,283 Emerging Printing $31,636 Transforming Apparel $86,456 Emerging Adv. Mat $55,793 Emerging Forest $33,416 Transforming Mining $49,284 Transforming Chemicals $63,682 Emerging Fabricated Metal $64,088 Transforming Machinery $30,439 Emerging Computer $58,924 Transforming Transp. Equip $54,145 Transforming Pg. 6
7 2012 Expenditures & Leakage* Business & Financial Transp. & Logistics Ag. Business Education $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 Thousands $ In Region $ Out Region *Only top 20 industries used to calculate the leakage Sorted in descending order based on total expenditures Source: EMSI Complete Employment Pg. 7
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