U.S. Cluster Mapping Tool Launches
June 18th, 2014 by Rebecca Todd
Harvard Business School and the U.S. Economic Development Administration recently launched the U.S. Cluster Mapping and Registry Project, designed to strengthen U.S. competitiveness through increased understanding of economic performance of clusters and regions across the nation.
“Clusters” are geographic concentrations of interconnected industries and supportive organizations that make regions uniquely competitive for jobs and private investment.
The interactive, web-based tool allows users to to identify the largest industries within each state, both by revenue and employment. Subclusters can also be filtered by employment, wages, job creation, specialization, and time series.
This tool will empower regions, economic developers, and businesses to make key decisions that promote economic growth. For instance, businesses can connect with the organizations that are promoting their clusters.
“Effective regional economic outcomes rely on the policymakers, businesses, and other stakeholders having a solid understanding of the region’s strengths and economic opportunities,” said U.S. Secretary of Commerce Penny Pritzker. “This tool reinforces the federal government’s commitment to promote America’s clusters and provide businesses and organizations with the data and strategies they need to capitalize on their region’s assets.”