Key Economic Sectors in Indiana: Region 11 (Evansville)

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1 BALL STATE UNIVERSITY CENTER FOR BUSINESS AND ECONOMIC RESEARCH Key Economic Sectors in Indiana: Region 11 (Evansville) JULY 2015 ABOUT IEDC The Indiana Economic Development Corporation (IEDC) is the State of Indiana s lead economic development organization. The IEDC focuses its efforts on growing and retaining businesses in Indiana and attracting new business to the state. The IEDC is organized as a public-private partnership governed by a 12-member board chaired by the state governor. Indiana Economic Development Corporation One North Capitol, Suite 700 Indianapolis, IN Phone: iedc@iedc.in.gov KNOX ABOUT CBER The Center for Business and Economic Research (CBER) is an economic policy and forecasting research center at Ball State University. In addition to research and data delivery, CBER serves as a business forecasting authority in Indiana holding the annual Indiana Economic Outlook and quarterly meetings of the Ball State University Business Roundtable. Center for Business and Economic Research Ball State University (WB 149) 2000 W. University Ave. Muncie, IN Phone: cber@bsu.edu 2015 Center for Business and Economic Research, Ball State University. GIBSON PIKE REGION 11 DUBOIS POSEY VANDER- WARRICK BURGH SPENCER PERRY Produced for the Indiana Economic Development Corporation by the Center for Business and Economic Research, Ball State University Research and Analysis Michael J. Hicks, Director Srikant Devaraj, Senior Research Associate and Project Manager Karthik Balaji, Graduate Research Assistant Phil Morris, Graduate Research Assistant Erica Walsh, Undergraduate Research Assistant Editing and Design Victoria Meldrum, Manager of Publications and Web Services Skyelar Huston, Graphic Design Student Assistant Gerrod Jones, Graphic Design Student Assistant McKenzie Records, Graphic Design Student Assistant Savannah Smith, Graphic Design Student Assistant

2 TABLE OF CONTENTS Location Quotient... 3 Diversification Index... 4 Sub-Industries... 5 KEY SECTORS Technologically Advanced Manufacturing Biosciences Emerging Media and Information Technology Logistics APPENDIX A: KEY SUB-SECTOR PROFILES I = IMPLAN CODE, N = NAICS CODE I 133/N Pharmaceutical preparation mfg I 159/N Glass products made of purchased glass mfg I 223/N Speed changer and gear mfg I 233/N , -6 Fluid power process machinery mfg I 244/N Electronic coil, transformer, etc. mfg I 267/N Motor and generator mfg I 268/N Switchgear and switchboard apparatus I 306/N Surgical appliance and supplies mfg I 308/N Ophthalmic goods mfg I 309/N Dental laboratories mfg I 339/N 492 Couriers and messengers APPENDIX B: ADDITIONAL DATA Sub-Industry Import and Demand Technologically Advanced Manufacturing Biosciences REFERENCES AUTHOR BIOGRAPHIES I 352/N Data processing, web hosting, related services.. 23 I 353/N Other information services I 370/N 5414 Specialized design services I 375/N 54162, -9 Environmental and other technical consulting services I 380/N Other professional, scientific, and technical services 25 I 386/N 5614 Business support services I 394/N 6211, 6212, & 6213 Physician, dentist, and health practitioner offices I 398/N 623 Nursing and residential care facilities Emerging Media and Information Technology Logistics

3 LOCATION QUOTIENT One method of evaluating whether the subsectors of the region s economy and the relative concentration of footloose sectors is through an evaluation of the employment location quotient. The employment location quotient is the ratio comparing the concentration of a particular industry sector employment in a region to that of the state for that industry sector. If the value of location quotient for an industry sector in a region is greater than 1.0, then that region has higher share of employment for that industry sector as compared to the state. It is useful to examine each sector s performance from 1970 to 2010 to understand how changes in the relative size of employment (the employment location quotient) have affected the region s position over 40 years. Region 11 vs Indiana Location Quotient by SIC Sector Source: Bureau of Economic Analysis Region 11 vs United States Location Quotient by SIC Sector Source: Bureau of Economic Analysis Manufacturing Transportation, public utilities Retail trade Construction Wholesale trade Services Finance, insurance, real estate Agriculture, forestry, fishing Mining Manufacturing Transportation, public utilities Retail trade Construction Wholesale trade Services Finance, insurance, real estate Agriculture, forestry, fishing Mining Corresponding Data Source: Bureau of Economic Analysis SIC Sectors Mining Manufacturing Construction Transportation and public utilities Retail trade Wholesale trade Services Agricultural services, forestry, and fishing Finance, insurance, and real estate Corresponding Data Source: Bureau of Economic Analysis SIC Sectors Manufacturing Transportation and public utilities Mining Construction Retail trade Wholesale trade Services Finance, insurance, and real estate Agricultural services, forestry, and fishing

4 Diversification Index Source: Bureau of Economic Analysis 4,000 3,000 2,000 1,000 United States Indiana Region 11 DIVERSIFICATION The diversity of a region s economy is often of interest to policymakers, but it is not clear what the options are for changing diversity, or whether a more diverse economy is in the best interest of the region s growth. This is because economic diversity acts the same way that diversification in a financial portfolio does. A more diverse portfolio reduces risk, but also decreases returns. The diversification of industry sectors is calculated by running the nine SIC industry sectors through the Herfindahl-Hirschman Index. The lower the index, the more diverse the region is Corresponding Data Source: Bureau of Economic Analysis Area Region Indiana United States

5 SUB-INDUSTRIES To better understand what opportunities surround the key economic sectors (technologically advanced, biosciences, emerging media and information technology, and logistics), we examined 700+ industries at the most disaggregated level. In this section, we first examine overall changes to demand, and the share of inputs imported by each sector. This allows us to identify growing and shrinking sectors, and consider imports from outside the region as a possible source of new economic activity in the state. We then evaluate import growth, with the value-added share of production in the region. This helps us understand what economic activity is supported by high levels of value-added production within a region. By matching that with individual worker incomes, we can deduce some of the sources of value added in production (human or physical capital). Finally, we illustrate the share of subsectors in each large key industry group of technology integrated, biomedical sciences, emerging media and information technology, and logistics. This provides us a visual picture of the relative scale of economic activity in each subsector. That analysis comprises this study. ABOUT THE GRAPHIC The following graphic shows the total commodity import (in terms of dollars) percentage change from 2006 to 2010 in the horizontal axis and gross commodity demand (in terms of dollars) percentage change from 2006 to 2010 in the vertical axis. The 2006 import and demand dollar values were adjusted for 2010 inflation rates. The size of the bubble represents the total import value (in dollars) of commodities in The blue circles indicate the exportable commodities and green circles indicate non-exportable commodities. The graphic can be divided into four quadrants Quadrant 1 reflects positive gross commodity demand change and negative commodity import change. The state s (or region s) commodity sectors in this quadrant had experienced an increase in its demand between 2006 and 2010, but saw a decrease in its imports (in terms of dollars) from outside the state (or region). Quadrant 2 reveals positive gross commodity demand change and positive commodity import change. The commodity sectors in this quadrant saw an increased demand and increased imports from outside the state (or region). These sectors could then be potential targets for bringing in new businesses to enhance locally imported goods. Quadrant 3 shows negative gross commodity demand change and positive commodity import change. The commodity sectors in this quadrant has decreased demand change, but had increased commodity imports from outside the state (or regions). Quadrant 4 depicts negative gross commodity demand change and negative commodity import change. The commodity sectors in this quadrant experienced decreased demand and reduced imports from outside the state (or region). ABOUT THE TABLE The corresponding table appears after the graphic. The blue circles found under demand growth and import change represent those commodities within a sector that are having positive demand and import growth between 2000 and The businesses in such commodity sectors can be considered attractable to local communities to foster local purchases with sustained demand of output. The green squares indicate sectors with negative demand growth and positive import change (or) vice versa. Such sectors may be favorable for attraction, based on community s choices. The red triangles depict those sectors with negative import change and demand growth that focuses more on local commodity purchases, but with lesser demand in the market. The demand growth and import growth columns indicate the positive growth as green squares and negative growth as red triangles. Under exportability, the exportable sectors (which can be interpreted as those sectors whose output can be exported outside the state/region) are represented with green circles. The non-exportable sectors are marked with green squares. Also, the sectors with the highest import value in dollars are shown as blue circles in that column. 5

6 Sub-Industry Import and Demand, Top 50 Sectors by NAICS Code Source: IMPLAN. See Appendix Table B1 for corresponding data figures. TOTAL GROSS COMMODITY DEMAND, REAL PERCENT CHANGE 1000% 900% 800% 700% 600% 500% 400% 300% 200% 100% 0% Exportable Commodities $0 - $99.9 million $100 million - $999.9 million $1.0 billion + Non-Exportable Commodities % 0% 100% 200% 300% 400% 500% 600% 700% 800% -100% TOTAL COMMODITY IMPORT, REAL PERCENT CHANGE I 515 (Demand: 1398 Imports: -27) % % % % SUB-INDUSTRY IMPORT AND DEMAND Quadrant 1: (- import growth, + demand growth) IMPLAN 712: Performing arts & spectator sports (0, 641) Quadrant 2: (+ import growth, + demand growth) IMPLAN 115: Ag & forestry svcs (258.4, 117.7) IMPLAN 326: Plastics & rubber prod (656.4, 4.1) Quadrant 3: (+ import growth, - demand growth) IMPLAN 324: Petroleum & coal prod (1397.7, -27.2) IMPLAN 337: Furniture & related prod (967, -36) Quadrant 4: (- import growth, - demand growth) IMPLAN 515: Broadcasting (-88.3, -95.4) QUADRANT 1 - import growth + demand growth QUADRANT 4 - import growth - demand growth QUADRANT 2 + import growth + demand growth QUADRANT 3 + import growth - demand growth 6

7 Top 50 Commodities for Import and Demand (Panel 1 of 2) NAICS Sector Demand Growth & Import Change Ideal = circle Good = square Weak = triangle Missing/not reported = white circle Demand Growth Positive growth = square Negative growth = triangle Missing/not reported = white circle Import Growth Positive growth = square Negative growth = triangle Missing/not reported = white circle Exportability Exportable = circle Nonexportable = square Import Value $0 to $1 B = circle $1 B to $9.9 B = square $10 B = triangle Missing/not reported = white circle 336 Transportation eqpmt 325 Chemical 211 Oil & gas extraction 541 Professional, scientific, & tech svcs 334 Computer & other electronics 332 Fabricated metal prod 331 Primary metal mfg 326 Plastics & rubber prod 333 Machinery mfg 551 Management of companies 311 Food products 42 Wholesale trade 524 Insurance carriers & related 324 Petroleum & coal prod 212 Mining 322 Paper 561 Admin support svcs 531 Real estate 335 Electrical eqpt & appliances 523 Securities & other financial 533 Lessor of nonfinance intangible assets 112 Livestock 327 Nonmetal mineral prod 313 Textile mills 111 Crop farming 321 Wood products 92 Government & non naics 221 Utilities 486 Pipeline transportation 521 Monetary authorities 522 Credit inmediation & related 339 Miscellaneous mfg 532 Rental & leasing svcs 7

8 Continued: Top 50 Commodities for Import and Demand (Panel 2 of 2) NAICS Sector Demand Growth & Import Change Ideal = circle Good = square Weak = triangle Missing/not reported = white circle Demand Growth Positive growth = square Negative growth = triangle Missing/not reported = white circle Import Growth Positive growth = square Negative growth = triangle Missing/not reported = white circle Exportability Exportable = circle Nonexportable = square Import Value $0 to $1 B = circle $1 B to $9.9 B = square $10 B = triangle Missing/not reported = white circle 337 Furniture & related prod 481 Air transportation 517 Telecommunications 115 Ag & forestry svcs 721 Accommodations 511 Publishing industries 213 Mining services 484 Truck transportation 323 Printing & related 712 Performing arts & spectator sports 482 Rail transportation 512 Motion picture & sound recording 811 Repair & maintenance 492 Couriers & messengers 487 Sightseeing transportation 113 Forestry & logging 316 Leather & allied 515 Broadcasting 8

9 KEY SECTORS ABOUT THE GRAPHIC The next four figures show the percentage share of imports in 2010 from outside the state (or region) in the horizontal axis and percentage value added in the vertical axis for technologically advanced, biosciences, information technology, and logistics industry sectors, respectively. The value added represents the difference between total outputs of industry (in dollars) and its total intermediary inputs (in dollars). The size of the bubble represents the employee compensation per worker in The median percent imports and median percent value added are also shown in dotted yellow lines for all these figures. The figures can also be divided into four quadrants based on the median values of percent share of value added and percent share of imports Quadrant 1 shows industries with higher value added and lower imports relative to the median. The industries in this quadrant has a higher share of value added and imported lower share of inputs from outside the state (or region) compared to the median level. Quadrant 2 reveals industries with higher value added and higher imports relative to the median. The industry sectors in this quadrant have a higher share of value added and higher share of imports from outside the state (or region) compared to the median values. Quadrant 3 reflects industries with lower value added and higher imports relative to the median. The industry sectors in this quadrant has decreased value added share and increased intermediate imports from outside the state (or regions) compared to the median. Quadrant 4 depicts industries with lower value added and lower imports relative to the median. The industry sectors in this quadrant experienced decreased value added share and reduced imports share from outside the state (or region) relative to the median level. ABOUT THE TABLE Each table clarifies the information for selected parameters for sectors involving each high-tech cluster. The blue circles under import share and value added represent those key opportunity sectors where the import share and value added share is high. The green squares signify those sectors with either lower imports and higher value added (or) higher imports and lower value added. Finally, the red triangles represent weak opportunity sectors with lower value added and lesser imports. The green squares under demand growth show positive demand of goods in respective sectors from 2000 to The red triangles represent negative demand growth of goods during the same period. The positive demand growth indicates that the sector has been growing in terms of increasing demand from households or from intermediaries within or outside the state/region. The green squares under employee compensation denote higher compensation per worker relative to the median and the red triangles show lesser compensation. The relatively high-paying jobs can be screened in this column. Under exportability, the exportable sectors (which can be interpreted as those sectors whose output can be exported outside the state/region) are represented by green circles. The non-exportable sectors are marked with green squares. 9

10 TECHNOLOGICALLY ADVANCED MANUFACTURING Quadrant 1: Good Opportunity (- import growth, + value added) IMPLAN 309: Dental laboratories (22.7, 66.0) Quadrant 3: Good Opportunity (+ import growth, - value added) IMPLAN 276: Automobile (79.1, 13.4) IMPLAN 277: Light truck and utility vehicle (79.2, 13.4) Technologically Advanced Manufacturing Sectors Source: IMPLAN. See Appendix Table B2 for corresponding data figures. 80% 70% Employee Compensation Per Worker $0 - $49,999 $50,000 - $99,999 $100,000+ >100% Demand Growth 0%-100% <0% Missing Data % % 40% VALUE ADDED, PERCENT % MEDIAN VALUE ADDED % % MEDIAN IMPORTS IMPORTS, PERCENT 0% 10% 20% 30% 40% 50% 60% 70% 80%

11 Technologically Advanced Manufacturing Sectors (Panel 1 of 3) 2010 IMPLAN Code Import Share & Value Added Ideal = circle Good = square Weak = triangle Demand Growth Positive growth = square Negative growth = triangle Employee Compensation Greater than median = square Less than median = triangle Exportability Exportable = circle Nonexportable = square

12 Continued: Technologically Advanced Manufacturing Sectors (Panel 2 of 3) 2010 IMPLAN Code Import Share & Value Added Ideal = circle Good = square Weak = triangle Demand Growth Positive growth = square Negative growth = triangle Employee Compensation Greater than median = square Less than median = triangle Exportability Exportable = circle Nonexportable = square

13 Continued: Technologically Advanced Manufacturing Sectors (Panel 3 of 3) 2010 IMPLAN Code Import Share & Value Added Ideal = circle Good = square Weak = triangle Demand Growth Positive growth = square Negative growth = triangle Employee Compensation Greater than median = square Less than median = triangle Exportability Exportable = circle Nonexportable = square

14 BIOSCIENCES Quadrant 1: Good Opportunity (- import growth, + value added) IMPLAN 375: Environmental and other technical consulting services (12.7, 72.5) IMPLAN 395: Home health care services (14.9, 71.9) Quadrant 3: Good Opportunity (+ import growth, - value added) IMPLAN 133: Pharmaceutical preparation (46.9, 34.7) Biosciences Sectors Source: IMPLAN. See Appendix Table B3 for corresponding data figures. 80% 70% 60% 50% 40% 30% 375 VALUE ADDED, PERCENT MEDIAN VALUE ADDED MEDIAN IMPORTS 20% 10% 0% IMPORTS, PERCENT 10% 20% 30% 40% 50% 60% 70% 80% 2010 IMPLAN Code Import Share & Value Added Ideal = circle Good = square Weak = triangle Demand Growth Positive growth = square Negative growth = triangle Employee Compensation Greater than median = square Less than median = triangle Exportability Exportable = circle Nonexportable = square

15 EMERGING MEDIA AND INFORMATION TECHNOLOGY Quadrant 1: Good Opportunity (- import growth, + value added) IMPLAN 370: Specialized design services (7.9, 84.8) Quadrant 3: Good Opportunity (+ import growth, - value added) IMPLAN 348: Radio and television broadcasting (41.1, 30.9) IMPLAN 349: Cable and other subscription programming (66.5, 12.3) Emerging Media and Information Technology Sectors Source: IMPLAN. See Appendix Table B4 for corresponding data figures. 90% % 70% 60% 50% 40% 30% 353 VALUE ADDED, PERCENT MEDIAN IMPORTS MEDIAN VALUE ADDED % 10% 349 0% IMPORTS, PERCENT 10% 20% 30% 40% 50% 60% 70% 80% 90% 2010 IMPLAN Code Import Share & Value Added Ideal = circle Good = square Weak = triangle Demand Growth Positive growth = square Negative growth = triangle Employee Compensation Greater than median = square Less than median = triangle Exportability Exportable = circle Nonexportable = square

16 LOGISTICS Quadrant 1: Good Opportunity (- import growth, + value added) IMPLAN 334: Transport by water (12.9, 80.8) Logistics Sectors Source: IMPLAN. See Appendix Table B5 for corresponding data figures. 90% 334 Quadrant 3: Good Opportunity (+ import growth, - value added) IMPLAN 337: Transport by pipeline (36.4, 25.8) 80% 70% % MEDIAN VALUE ADDED 50% 40% VALUE ADDED, PERCENT % % MEDIAN IMPORTS 10% 0% IMPORTS, PERCENT 10% 20% 30% 40% 50% 60% 70% 80% 90% 2010 IMPLAN Code Import Share & Value Added Ideal = circle Good = square Weak = triangle Demand Growth Positive growth = square Negative growth = triangle Employee Compensation Greater than median = square Less than median = triangle Exportability Exportable = circle Nonexportable = square

17 APPENDIX A: KEY SUB-SECTOR PROFILES The key sub-sectors (selected from a breakdown of the four key sectors) are determined by relatively high value added and positive demand growth. The input commodities are comprised of the both local and imported purchase of commodities for each key sub-sector arranged in descending order of total inputs value. The employment shares of various occupations for each sub-sector are also included. IMPLAN 133/NAICS Pharmaceutical preparation mfg IMPLAN 159/NAICS Glass products made of purchased glass mfg IMPLAN 223/NAICS Speed changer and gear mfg IMPLAN 233/NAICS , -6 Fluid power process machinery mfg IMPLAN 244/NAICS Electronic coil, transformer, etc. mfg IMPLAN 267/NAICS Motor and generator mfg IMPLAN 268/NAICS Switchgear and switchboard apparatus IMPLAN 306/NAICS Surgical appliance and supplies mfg IMPLAN 308/NAICS Ophthalmic goods mfg IMPLAN 309/NAICS Dental laboratories mfg IMPLAN 339/NAICS 492 Couriers and messengers IMPLAN 352/NAICS Data processing, web hosting, related services IMPLAN 353/NAICS Other information services IMPLAN 370/NAICS 5414 Specialized design services IMPLAN 375/NAICS 54162, -9 Environmental and other technical consulting services. 25 IMPLAN 380/NAICS Other professional, scientific, and technical services IMPLAN 386/NAICS 5614 Business support services IMPLAN 394/NAICS 6211, 6212, & 6213 Physician, dentist, and health practitioner offices IMPLAN 398/NAICS 623 Nursing and residential care facilities

18 IMPLAN SECTOR 133/NAICS SECTOR : PHARMACEUTICAL PREPARATION MANUFACTURING IMPLAN SECTOR 159/NAICS SECTOR : GLASS PRODUCT MANUFACTURING Occupations within IMPLAN 133 in Region 11 Occupations within IMPLAN 159 in Region 11 Production occupations 44.42% support occupations 14.63% science occupations 11.88% financial occupations 11.33% moving occupations 6.95% Sales and related occupations 5.85% repair occupations 4.02% moving occupations 41.32% Production occupations 24.37% support occupations 9.59% extraction occupations 9.12% repair occupations 5.65% financial occupations 5.12% Sales and related occupations 3.59% Service occupations 0.37% extraction occupations 0.18% technical occupations 0.18% arts, and media occupations 0.18% science occupations 0.88% Service occupations 0.29% technical occupations 0.06% arts, and media occupations 0.00% Top 20 Input Commodities for IMPLAN 133 in Region 11 Top 20 Input Commodities for IMPLAN 159 in Region 11 Medicines and botanicals, $354.2 M $2.72 M Local Management of companies and enterprises, $301.8 M $ M $ M Imported $ M Other pressed and blown glass $5.48 M Local and glassware, $22.3 M Flat glass, $14.8 M $0 $16.84 M Imported $14.82 M Pharmaceutical preparations, $167.6 M Wholesale trade distribution services, $162.2 M Other basic organic chemicals, $153.4 M Noncomparable foreign imports, $146.7 M Scientific research and development services, $139.0 M Biological products (except diagnostic), $105.9 M $38.37 M $95.50 M $17.14 M $0 $27.17 M $2.66 M $ M $66.70 M $ M $ M $ M $ M Wholesale trade distribution services, $10.2 M Clay and nonclay refractory products, $10.2 M Management of companies and enterprises, $6 M Electricity, and distribution services, $3.3 M Plastics packaging materials and unlaminated films and sheets, $3.1 M Semiconductor and related devices, $2.8 M $5.98 M $0.12 M $3.17 M $3.14 M $0.80 M $0 $4.18 M $10.04 M $2.79 M $0.16 M $2.31 M $2.82 M Advertising and related services, $81.9 M $39.50 M $42.38 M Truck transportation services, $2.8 M $2.43 M $0.33 M Management, scientific, and technical consulting services, $45.8 M $11.66 M Other plastics products, $21.3 M $4.11 M $34.12 M $17.23 M Monetary authorities and depository credit intermediation services, $2 M All other miscellaneous professional, scientific, and technical services, $2 M $1.64 M $0.95 M $0.36 M $1.01 M Legal services, $19.7 M $6.08 M $13.65 M Paperboard containers, $1.8 M $0.88 M $0.90 M Refined petroleum products, $17.0 M Truck transportation services, $16.4 M $14.48 M Electricity, and distribution services, $15.9 M $15.13 M Paperboard containers, $15.5 M $7.70 M All other chemical products and preparations, $13.7 M $1.26 M Maintained and repaired nonresidential structures, $12.8 M $12.10 M Petrochemicals, $10.4 M $3.46 M Telecommunications, $9.4 M $10.07 M $8.07 M $6.88 M $1.96 M $0.76 M $7.82 M $12.44 M $0.72 M $6.98 M $1.30 M 18 Printed circuit assemblies (electronic assemblies), $1.8 M Real estate buying and selling, leasing, managing, and related services, $1.5 M All other miscellaneous manufactured products, $1.5 M $0.06 M Legal services, $1.4 M $0.45 M Telecommunications, $1.4 M Maintained and repaired nonresidential structures, $1.2 M $0.04 M $0.67 M $1.17 M $1.12 M Coated, engraved, heat treated products, $1.2 M Other basic organic chemicals, $1.1 M $0.12 M $1.73 M $0.83 M $1.44 M $1.00 M $0.19 M $0.07 M $1.15 M $0.96 M

19 IMPLAN SECTOR 223/NAICS SECTOR : SPEED CHANGER, INDUSTRIAL HIGH-SPEED DRIVE, AND GEAR MANUFACTURING IMPLAN SECTOR 233/NAICS SECTOR , -6: FLUID POWER PROCESS MACHINERY MANUFACTURING Occupations within IMPLAN 223 in Region 11 Occupations within IMPLAN 233 in Region 11 Production occupations 50.58% support occupations 12.22% science occupations 11.77% financial occupations 10.74% Sales and related occupations 4.74% repair occupations 4.25% moving occupations 3.89% science occupations 34.13% Production occupations 29.27% financial occupations 17.83% support occupations 9.53% Sales and related occupations 3.59% repair occupations 2.49% moving occupations 1.64% extraction occupations 0.81% Service occupations 0.49% arts, and media occupations 0.45% technical occupations 0.04% arts, and media occupations 0.92% Service occupations 0.44% extraction occupations 0.08% technical occupations 0.06% Top 20 Input Commodities for IMPLAN 223 in Region 11 Top 20 Input Commodities for IMPLAN 233 in Region 11 Mechanical power transmission equipment, $0.6 M Iron and steel and ferroalloy products, $0.5 M Management of companies and enterprises, $0.5 M $304 Local $0.13 M $0.26 M $0.62 M Imported $0.36 M $0.23 M Iron and steel and ferroalloy products, $1.7 M Wholesale trade distribution services, $0.9 M Management of companies and enterprises, $0.8 M $0.45 M Local $0.55 M $0.43 M $1.26 M Imported $0.39 M $0.38 M Balls and roller bearings, $0.5 M $2,583 $0.48 M Machined products, $0.7 M $0.68 M Motor and generators, $0.4 M $0.04 M $0.38 M Turned products and screws, nuts, and bolts, $0.6 M $2,768 $0.60 M All other forged, stamped, and sintered metals, $0.4 M $0.37 M Fluid power process machinery, $0.6 M $0.55 M Wholesale trade distribution services, $0.4 M $0.22 M Noncomparable foreign imports, $0.4 M $0 $0.15 M $0.36 M Ferrous metals, $0.5 M Gaskets, packing and sealing devices, $0.5 M $0.10 M $0.41 M $0.48 M Ferrous metals, $0.4 M $0.07 M $0.28 M Balls and roller bearings, $0.4 M $2,376 $0.44 M Other engine equipment, $0.3 M $222 $0.28 M Semiconductor and related devices, $0.4 M $0 $0.40 M Semiconductor and related devices, $0.1 M $0 $0.13 M All other forged, stamped, and sintered metals, $0.4 M $0.36 M Electricity, and distribution services, $0.1 M $0.12 M Motor and generators, $0.4 M $0.04 M $0.32 M Machined products, $0.1 M $1,193 Specialized design services, $0.1 M Automotive equipment rental and leasing services, $0.1 M $0.09 M Legal services, $0.1 M $0.12 M $0.08 M $0.07 M Nonferrous metals, $0.3 M Printed circuit assemblies (electronic assemblies), $0.3 M Custom computer programming services, $0.2 M Electricity, and distribution services, $0.2 M $0.22 M $0.21 M $0.28 M $0.25 M Nonferrous metals, $0.1 M $2,465 $0.10 M Turned products and screws, nuts, and bolts, $0.1 M $426 $0.09 M Advertising and related services, $0.1 M $0.04 M $0.05 M Rolled, drawn, extruded and alloyed copper, $0.1 M $0 $0.09 M 19 Truck transportation services, $0.2 M Aluminum products from purchased aluminum, $0.2 M Valves and fittings other than plumbing, $0.2 M Securities, commodity contracts, investments, and related services, $0.2 M $0.19 M $1,763 $861 $0.08 M $0.20 M $0.19 M $0.10 M

20 IMPLAN SECTOR 244/NAICS SECTOR : ELECTRONIC CAPACITOR, RESISTOR, COIL, TRANSFORMER, AND OTHER INDUCTOR MANUFACTURING IMPLAN SECTOR 267/NAICS SECTOR : MOTOR AND GENERATOR MANUFACTURING Occupations within IMPLAN 244 in Region 11 Occupations within IMPLAN 267 in Region 11 science occupations 34.55% Production occupations 26.59% financial occupations 18.25% support occupations 11.09% Sales and related occupations 3.92% repair occupations 2.78% moving occupations 1.31% Production occupations 54.47% financial occupations 11.01% science occupations 10.84% support occupations 10.32% moving occupations 5.20% repair occupations 4.16% Sales and related occupations 2.95% arts, and media occupations 0.82% Service occupations 0.50% extraction occupations 0.10% technical occupations 0.10% Service occupations 0.43% extraction occupations 0.26% arts, and media occupations 0.26% technical occupations 0.09% Top 20 Input Commodities for IMPLAN 244 in Region 11 Top 20 Input Commodities for IMPLAN 267 in Region 11 Wholesale trade distribution services, $6,251 $3,681 Local Management of companies and enterprises, $6,044 $3,215 Iron and steel and ferroalloy products, $3,811 $1,010 Rolled, drawn, extruded and alloyed nonferrous metals $0 (except copper and aluminum), $3,436 Nonferrous metals (except copper and aluminum), $2,949 $0 Rolled, drawn, extruded and alloyed copper, $2,668 $0 Scientific research and development services, $2,451 $479 Leasing of nonfinancial intangible assets, $1,857 $224 Electronic capacitors, resistors, coils, transformers, and other inductors, $1,811 $5 Electricity, and distribution services, $1,502 $1,430 Other electronic components, $1,213 $1 $2,570 Imported $2,829 $2,801 $3,436 $2,949 $2,668 $1,972 $1,633 $1,806 $72 $1,212 Iron and steel and ferroalloy products, $13.8 M Rolled, drawn, extruded and alloyed copper, $11.7 M $0 Other engine equipment, $9 M Wholesale trade distribution services, $7.8 M $4.62 M Motor and generators, $6.1 M $0.62 M Management of companies and enterprises, $5.9 M $3.13 M Motor vehicle parts, $5.5 M $0.15 M Crowned and stamped metals, $3.6 M Noncomparable foreign imports, $3.5 M $3.65 M Local $0.62 M $0 Turned products and screws, nuts, and bolts, $2.6 M Balls and roller bearings, $2.1 M $10.12 M Imported $11.68 M $9.01 M $3.22 M $5.46 M $2.76 M $5.33 M $3.02 M $3.53 M $2.60 M $2.12 M Plastics materials and resins, $1,176 $426 $750 Relay and industrial controls, $1.9 M $4,526 $1.91 M Crowned and stamped metals, $1,107 Aluminum products, $1,099 Paperboard containers, $884 $190 $322 $439 Noncomparable foreign imports, $801 $0 Communication and energy wires and cables, $754 $0 Semiconductor and related devices, $719 $0 Printed circuit assemblies (electronic assemblies), $691 $16 Advertising and related services, $691 $333 $917 $777 $445 $801 $754 $719 $675 $ Semiconductor and related devices, $1.8 M $0 Nonferrous metals, $1.8 M $0.04 M Aluminum products, $1.7 M Ferrous metals, $1.7 M Software, $1.6 M Pottery, ceramics, and plumbing fixtures, $1.5 M $1,707 Plastics materials and resins, $1.5 M $0.54 M Truck transportation services, $1.4 M $0.50 M $0.33 M $2,975 $1.28 M $1.82 M $1.76 M $1.20 M $1.34 M $1.56 M $1.48 M $0.95 M $0.17 M

21 IMPLAN SECTOR 268/NAICS SECTOR : SWITCHGEAR AND SWITCHBOARD APPARATUS MANUFACTURING IMPLAN SECTOR 306/NAICS SECTOR : SURGICAL APPLIANCE AND SUPPLIES MANUFACTURING Occupations within IMPLAN 268 in Region 11 Occupations within IMPLAN 306 in Region 11 Production occupations 54.47% financial occupations 11.01% science occupations 10.84% support occupations 10.32% moving occupations 5.20% repair occupations 4.16% Sales and related occupations 2.95% Service occupations 0.43% extraction occupations 0.26% arts, and media occupations 0.26% technical occupations 0.09% Production occupations 52.01% support occupations 15.20% financial occupations 9.16% moving occupations 5.81% Sales and related occupations 5.66% science occupations 3.76% arts, and media occupations 3.53% repair occupations 3.12% extraction occupations 1.14% Service occupations 0.57% technical occupations 0.04% Top 20 Input Commodities for IMPLAN 268 in Region 11 Relay and industrial controls, $2.1 M $4,932 Local Wholesale trade distribution $0.63 M services, $1.1 M Copper, $1 M $0 Switchgear and switchboard apparatus, $0.9 M Management of companies $0.31 M and enterprises, $0.6 M Iron and steel and $0.12 M ferroalloy products, $0.5 M Printed circuit assemblies (electronic assemblies), $0.4 M Plastics materials and resins, $0.3 M $0.11 M Rolled, drawn, extruded and alloyed nonferrous metals $0 (except copper and aluminum), $0.3 M Turned products and screws, $1,205 nuts, and bolts, $0.3 M Noncomparable foreign imports, $0.2 M $0 Plastics packaging materials and $0.05 M unlaminated films and sheets, $0.2 M Ornamental and architectural metal products, $0.2 M Aluminum products from $1,668 purchased aluminum, $0.2 M Paints and coatings, $0.2 M Machined products, $0.2 M $1,774 Semiconductor and related devices, $0.2 M $0 Bare printed circuit boards, $0.1 M $284 Coated, engraved, heat treated products, $0.1 M $1,473 Truck transportation services, $0.1 M $0.09 M $2.08 M Imported $0.44 M $1.00 M $0.88 M $0.27 M $0.34 M $0.37 M $0.20 M $0.29 M $0.26 M $0.22 M $0.16 M $0.18 M $0.19 M $0.17 M $0.18 M $0.15 M $0.14 M $0.11 M 21 Top 20 Input Commodities for IMPLAN 306 in Region 11 Wholesale trade distribution services, $24,412 Advertising and related services, $18,398 Surgical, medical, and laboratory instruments, $17,983 $1 Plastics materials and resins, $16,252 $5,894 Surgical appliances and supplies, $15,477 Management of companies and enterprises, $11,102 $5,906 Finished textiles and fabrics, $10,486 $16 Optical instruments and lens, $9,914 Synthetic rubber, $9,454 Leasing of nonfinancial intangible assets, $8,283 $1,000 Other plastics products, $7,677 $1,479 Plastics packaging materials and unlaminated films and sheets, $7,616 $1,961 Legal services, $6,824 $2,104 Truck transportation services, $6,677 Iron and steel and ferroalloy products, $6,156 Management, scientific, and technical consulting services, $6,147 Securities, commodity contracts, investments, and related services, $6,109 Telecommunications, $5,493 Paperboard containers, $5,493 Monetary authorities and depository credit intermediation services, $5,346 $14,374 Local $8,875 $6 $0 $96 $5,880 $1,631 $1,565 $2,680 $4,728 $2,726 $4,387 $10,038 Imported $9,523 $17,982 $10,358 $15,471 $5,196 $10,470 $9,914 $9,358 $7,283 $6,198 $5,655 $4,720 $797 $4,525 $4,582 $3,429 $765 $2,767 $959

22 IMPLAN SECTOR 308/NAICS SECTOR : OPHTHALMIC GOODS MANUFACTURING IMPLAN SECTOR 309/NAICS SECTOR : DENTAL LABORATORIES MANUFACTURING Occupations within IMPLAN 308 in Region 11 Occupations within IMPLAN 309 in Region 11 Production occupations 52.01% Production occupations 52.01% support occupations 15.20% financial occupations 9.16% moving occupations 5.81% Sales and related occupations 5.66% science occupations 3.76% arts, and media occupations 3.53% repair occupations 3.12% extraction occupations 1.14% support occupations 15.20% financial occupations 9.16% moving occupations 5.81% Sales and related occupations 5.66% science occupations 3.76% arts, and media occupations 3.53% repair occupations 3.12% extraction occupations 1.14% Service occupations 0.57% Service occupations 0.57% technical occupations 0.04% technical occupations 0.04% Top 20 Input Commodities for IMPLAN 308 in Region 11 Top 20 Input Commodities for IMPLAN 309 in Region 11 Optical instruments and lens, $213,693 $0 Local $0.21 M Imported Dental equipment and supplies, $263,497 $74 Local $0.26 M Imported Surgical, medical, and laboratory instruments, $99,692 $4 Plastics materials and resins, $97,065 $0.04 M Advertising and related services, $56,861 Wholesale trade distribution services, $44,364 Other plastics products, $41,918 Surgical appliances and supplies, $41,734 Management of companies and enterprises, $28,494 $17 $0.10 M $0.06 M $0.04 M Nonferrous metals (except copper and aluminum), $113,796 Management of companies and enterprises, $89,015 Wholesale trade distribution services, $56,112 Real estate buying and selling, leasing, managing, and related services, $40,149 $11 $0.05 M Leasing of nonfinancial $3,697 intangible assets, $30,614 Securities, commodity contracts, investments, and related services, $26,410 Advertising and related services, $25,173 $0.11 M $0.04 M Paperboard containers, $19,689 Telecommunications, $24,638 $3,430 Truck transportation services, $17,936 $2,142 Electricity, and distribution services, $14,741 $708 Real estate buying and selling, leasing, managing, and related services, $14,486 Machined products, $14,369 $139 Semiconductor and related devices, $13,705 $0 Noncomparable foreign imports, $12,848 $0 Plastics packaging materials and unlaminated films and sheets, $11,989 $3,087 Maintained and repaired nonresidential structures, $11,792 $663 Services to buildings and dwellings, $8,823 $965 Synthetic rubber, $8,401 $86 Printed circuit assemblies (electronic assemblies), $8,197 $185 Truck transportation services, $23,067 Accounting, tax preparation, bookkeeping, and payroll services, $21,236 All other miscellaneous professional, scientific, and technical services, $20,763 Warehousing and storage services, $19,549 Monetary authorities and depository credit intermediation services, $19,367 Automotive equipment rental and leasing services, $19,344 Legal services, $10,492 $3,234 Electricity, and distribution services, $9,996 Restaurant, bar, and drinking place services, $8,712 Scientific research and development services, $7,675 $1,500 Commercial and industrial machinery and equipment rental $2,542 and leasing services, $7,042 $2,755 $2,570 $3,475 $3,649 $480 $410 $4,500 22

23 IMPLAN SECTOR 339/NAICS SECTOR 492: COURIERS AND MESSENGERS IMPLAN SECTOR 352/NAICS SECTOR : DATA PROCESSING, HOSTING, ISP, WEB SEARCH PORTALS, AND RELATED SERVICES Occupations within IMPLAN 339 in Region 11 Occupations within IMPLAN 352 in Region 11 moving occupations 69.87% support occupations 21.37% financial occupations 4.05% repair occupations 2.78% Sales and related occupations 1.22% science occupations 33.47% support occupations 29.78% financial occupations 18.37% arts, and media occupations 8.90% Sales and related occupations 6.81% science occupations 0.54% Service occupations 0.13% arts, and media occupations 0.04% Production occupations 0.00% extraction occupations 0.00% technical occupations 0.00% repair occupations 0.84% Production occupations 0.71% Service occupations 0.55% moving occupations 0.50% technical occupations 0.05% extraction occupations 0.00% Top 20 Input Commodities for IMPLAN 339 in Region 11 Top 20 Input Commodities for IMPLAN 352 in Region 11 Refined petroleum products, $3.1 M $1.82 M Local $1.24 M Imported Telecommunications, $0.34 M $0.29 M Local $0.05 M Imported Scenic and sightseeing transportation services and support activities for transportation, $0.8 M $0.49 M $0.35 M Leasing of nonfinancial intangible assets, $0.25 M $0.22 M Couriers and messengers services, $0.6 M $0.35 M $0.30 M Advertising and related services, $0.22 M $0.11 M $0.11 M Employment services, $0.5 M $0.40 M $0.10 M Motion pictures and videos, $0.19 M $0.08 M $0.12 M Management of companies and enterprises, $0.5 M $0.26 M Real estate buying and selling, leasing, managing, and related services, $0.5 M $0.22 M US Postal delivery services, $0.4 M $0.38 M $0.23 M $0.27 M Real estate buying and selling, leasing, managing, and related services, $0.14 M Other computer related services, including facilities management, $0.1 M Software, blank audio and video media, mass reproduction, $0.1 M $0.06 M $0.07 M $14 $0.08 M $0.04 M $0.10 M Insurance, $0.3 M $0.04 M $0.30 M Legal services, $0.09 M $0.06 M Telecommunications, $0.3 M Wholesale trade distribution services, $0.3 M Services to buildings and dwellings, $0.3 M $0.26 M $0.17 M $0.25 M $0.04 M $0.12 M Management, scientific, and technical consulting services, $0.08 M Employment services, $0.08 M $0.06 M Accounting, tax preparation, bookkeeping, and payroll services, $0.06 M $0.06 M Used and secondhand goods, $0.3 M $0.25 M Insurance, $0.06 M $0.05 M Warehousing and storage services, $0.2 M $0.19 M Printing inks, $0.06 M $0 $0.06 M Motor vehicle parts, $0.2 M Advertising and related services, $0.2 M Maintained and repaired nonresidential structures, $0.2 M $0.09 M $0.15 M $0.20 M $0.09 M Hotels and motel services, including casino hotels, $0.05 M Restaurant, bar, and drinking place services, $0.05 M All other miscellaneous professional, scientific, and technical services, $0.05 M $48 $0.05 M $0.05 M $2,397 Office administrative services, $0.2 M $0.13 M Air transportation services, $0.05 M $4,294 $0.04 M Tires, $0.1 M $0.13 M Noncomparable foreign imports, $0.04 M $0 $0.04 M Truck transportation services, $0.1 M Legal services, $0.1 M $0.12 M $0.04 M $0.09 M Data processing, hosting, ISP, web search portals, $0.04 M Automotive equipment rental and leasing services, $0.04 M 23

24 IMPLAN SECTOR 353/NAICS SECTOR : OTHER INFORMATION SERVICES IMPLAN SECTOR 370/NAICS SECTOR 5414: SPECIALIZED DESIGN SERVICES Occupations within IMPLAN 353 in Region 11 Occupations within IMPLAN 370 in Region 11 support occupations 47.39% financial occupations 31.17% Sales and related occupations 12.78% science occupations 5.92% arts, and media occupations 1.35% science occupations 59.00% financial occupations 19.18% support occupations 11.02% Sales and related occupations 6.14% arts, and media occupations 2.26% repair occupations 1.63% technical occupations 0.61% Service occupations 0.49% repair occupations 0.18% Production occupations 0.03% extraction occupations 0.01% Service occupations 0.31% Production occupations 0.29% technical occupations 0.06% extraction occupations 0.03% moving occupations 0.06% moving occupations 0.10% Top 20 Input Commodities for IMPLAN 353 in Region 11 Top 20 Input Commodities for IMPLAN 370 in Region 11 Real estate buying and selling, leasing, Local managing, and related services, $48,905 Telecommunications, $42,145 $0.04 M Imported Real estate buying and selling, leasing, managing, and related services, $97,220 Restaurant, bar, and drinking place services, $73,393 $0.04 M Local $0.07 M $0.05 M Imported $3,456 Books, $24,049 $341 Printed materials, $55,054 $921 $0.05 M Periodicals, $23,076 $667 Employment services, $48,323 $0.04 M Monetary authorities and depository credit intermediation services, $21,819 Management, scientific, and technical consulting services, $17,644 $4,493 $3,915 All other chemical products and preparations, $36,789 $3,382 Telecommunications, $36,616 Noncomparable foreign imports, $16,928 $0 Advertising and related services, $35,435 Advertising and related services, $13,913 Other computer related services, including facilities management, $13,251 All other miscellaneous professional, scientific, and technical services, $12,605 Management of companies and enterprises, $12,230 $4,611 Monetary authorities and depository credit intermediation services, $34,702 Accounting, tax preparation, bookkeeping, and payroll services, $32,728 Insurance, $29,124 $3,317 Architectural, engineering, and related services, $26,152 $4,553 Insurance, $11,265 $1,283 Other personal services, $24,706 Electricity, and distribution services, $10,164 Legal services, $9,898 $3,051 $488 Wholesale trade distribution services, $23,965 Management, scientific, and technical consulting services, $22,315 Semiconductor machinery, $9,688 $43 Legal services, $21,814 Services to buildings and dwellings, $9,308 Accounting, tax preparation, bookkeeping, and payroll services, $9,152 Restaurant, bar, and drinking place services, $8,599 $4,887 $1,018 $4,265 $405 Other computer related services, including facilities management, $20,972 Services to buildings and dwellings, $19,598 Printing inks, $18,766 $0 $2,143 Employment services, $7,799 $1,619 Specialized design services, $16,501 $3,729 Printed materials, $7,081 $118 Office administrative services, $15,981 $2,179 24

25 IMPLAN SECTOR 375/NAICS SECTOR 54162, -9: ENVIRONMENTAL AND OTHER TECHNICAL CONSULTING SERVICES IMPLAN SECTOR 380/NAICS SECTOR : ALL OTHER MISCELLANEOUS PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES Occupations within IMPLAN 375 in Region 11 Occupations within IMPLAN 380 in Region 11 science occupations 53.64% financial occupations 20.96% support occupations 11.57% arts, and media occupations 3.46% technical occupations 2.47% Production occupations 1.90% arts, and media occupations 54.16% support occupations 17.66% Sales and related occupations 13.28% Production occupations 9.64% financial occupations 3.07% Service occupations 1.88% Sales and related occupations 1.74% repair occupations 1.36% extraction occupations 0.49% moving occupations 0.42% forestry occupations 0.10% moving occupations 0.88% Service occupations 0.73% science occupations 0.44% extraction occupations 0.15% repair occupations 0.00% technical occupations 0.00% Top 20 Input Commodities for IMPLAN 375 in Region 11 Top 20 Input Commodities for IMPLAN 380 in Region 11 Architectural, engineering, $0.57 M Local and related services, $0.7 M Real estate buying and selling, leasing, $0.24 M managing, and related services, $0.5 M Employment services, $0.5 M $0.38 M $0.12 M Imported $0.30 M $0.10 M Real estate buying and selling, leasing, $0.40 M Local managing, and related services, $0.9 M Advertising and related services, $0.6 M $0.31 M Employment services, $0.6 M $0.46 M $0.49 M Imported $0.33 M $0.12 M Insurance, $0.4 M $0.05 M $0.36 M Telecommunications, $0.5 M $0.43 M $0.07 M Management, scientific, and technical $0.09 M consulting services, $0.4 M Monetary authorities and depository $0.23 M credit intermediation services, $0.3 M Telecommunications, $0.2 M $0.22 M Restaurant, bar, and $0.23 M drinking place services, $0.2 M Accounting, tax preparation, bookkeeping, $0.12 M and payroll services, $0.2 M Other personal services, $0.2 M $0.10 M $0.28 M $0.05 M $0.11 M $0.11 M Monetary authorities and depository credit intermediation services, $0.5 M Insurance, $0.5 M $0.05 M Leasing of nonfinancial intangible assets, $0.4 M Management, scientific, and technical consulting services, $0.4 M Restaurant, bar, and drinking place services, $0.4 M Accounting, tax preparation, bookkeeping, and payroll services, $0.3 M $0.40 M $0.05 M $0.10 M $0.35 M $0.18 M $0.09 M $0.40 M $0.36 M $0.30 M $0.16 M Legal services, $0.2 M $0.06 M $0.12 M Motion pictures and videos, $0.3 M $0.11 M $0.17 M Office administrative services, $0.2 M $0.15 M Noncomparable foreign imports, $0.3 M $0 $0.28 M Other computer related services, including $0.12 M facilities management, $0.2 M Other support services, $0.2 M $0.15 M Management of companies $0.08 M and enterprises, $0.2 M Services to buildings $0.13 M and dwellings, $0.2 M Noncomparable foreign imports, $0.1 M $0 Other pressed and blown glass and glassware, $0.1 M Advertising and related services, $0.1 M $0.05 M $0.06 M $0.07 M $0.14 M $0.09 M $0.06 M Legal services, $0.3 M $0.08 M Other computer related services, including facilities management, $0.3 M All other miscellaneous professional, scientific, and technical services, $0.2 M Office administrative services, $0.2 M Services to buildings and dwellings, $0.2 M Securities, commodity contracts, investments, and related services, $0.2 M Automotive equipment rental and leasing services, $0.2 M $0.17 M $0.12 M $0.18 M $0.09 M $0.16 M $0.19 M $0.09 M $0.12 M $0.18 M $0.12 M $0.04 M Leasing of nonfinancial $0.09 M intangible assets, $0.1 M Directories and mailing lists, $0.1 M $0.09 M 25