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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.