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Seven Ways to Use LEAP PDF Print E-mail

1. Content for Newsletters

* Keep constituents and stakeholders informed
* Show profiles of the region
* Leading sectors of the economy
* Display regional comparisons
* Show drivers of growth

2. Comprehensive Economic Development (CEDS) Reports and Annual Updates

* Background information on region (population, labor force skill, costs, etc)
* Local and regional economic data (jobs, income, value added, output)
* Trends and gaps
* Strategy and targeting
* Identify leading and struggling industries
* Identify candidates for industry targeting
* Identify barriers to industry growth

3. Progress Reports

* Show improving sectors and growth successes
* Show declining sectors and industry change
* Show changes relative to other areas, the rest of the state or the rest of the US
* Update annually

4. Assess Strengths and Weaknesses

Quickly identify leading and struggling industries by:

* Labor force and education
* Market access
* Broadband and utilities
* Cost of living and doing business
* Facility quality

5. Barriers to Business/Job Growth

* Identify business performance gaps,
* Identify barriers holding back business growth (taxes, utility cost, worker training, housing affordability, broadband access , transportation access (air, sea, intermodal/rail).

6. Industry Targeting

* Priorities for business attraction
* Direct opportunities for growth
* Industry clusters and supply chain opportunities

7. "What If" Scenarios

Effects of changes in:

* Cost,
* Access,
* Technology availability,
* Workforce education levels, and
* Infrastructure.

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