• Join Our Mailing List

  • Regional Blueprint-Priority Industries

    Priority Industries
    The top three industries the Pioneer Valley Regional Planning Team considers as being the
    most important to the region’s economic success are as follows:

    Health Care and Social Assistance
    This industry was chosen as a priority in part due to the presence of several
    major acute care hospitals, a substantial number of long-term care and assisted
    living facilities, and a growing number of other community-based health care and
    social assistance facilities within the region.

    Education Services
    This industry was chosen as a priority was chosen in part due to the presence of
    significant number of secondary and post-secondary institutions including the
    UMass flagship campus. State data also indicated Educational Services as
    second most in-demand priority regional industry. Regional data at K-12 was
    especially supportive in critical needs fields at all levels.

    Advanced Manufacturing
    This industry was chosen as a priority was chosen in part due to the presence of
    significant number of subject matter experts in an integrated manufacturing ecosystem
    and supply chain.

    Definitions:

    Job Growth = New jobs created; does not include replacement jobs

    Location quotient (LQ) is basically a way of quantifying how concentrated a particular industry, cluster, occupation, or demographic group is in a region as compared to the nation. It can reveal what makes a particular region “unique” in comparison to the national average. An LQ of 1.0 or greater is an indicator of an industry that has a higher economic impact in a region.