LEAP - Local Economic Assessment Package - provides the following measures of area economic performance:

Study Area and Comparison Area Economic Base Characteristics:

· Employment by industry

· Business Output by industry

· Local population/consumer market size (travel time access)

· Local labor market size (travel time access)

· Local cost factors: labor, energy, tax, and property costs

· Local quality factors: workforce education, broadband availability

· Local transportation factors: access to air, marine, rail, and highway facilities and travel times

Growth trends for each industry: (measured in terms of employment, income value added or output)

· Industry mix profile for Study Area, Comparison Area and Nation

· Annual growth rate for Study Area by industry, Comparison Area and Nation

Diagnostics for Understanding Industry Growth and Opportunities:

· List of industries with growth potential

· Size of growth potential, measured in number of jobs

· For each industry, identification of specific cost factors impeding growth

· For each industry, identification of specific market factors impeding growth

· For each industry, identification of specific technology/education factors impeding growth

· For each industry, identification of specific transportation factors impeding growth

Diagnostics for Understanding Factors Limiting Growth

· For each cost factor, identification of potential industry growth if factor were improved

· For each market factor, identification of potential industry growth if factor were improved

· For each technology and education factor, potential industry growth if factor were improved

· For each transportation market factor, potential industry growth if factor were improved

Strategy Guidance for the Study Area:

· Rating of targeting opportunities for economic development

· Rating on cluster development opportunities

· Rating on international trade development

· Rating on tourism development

· Rating of opportunities for renewal, diversification and concentration strategies

Identification of Targeting Opportunities in the Study Area:
(for each local industry with growth potential)

· Identification of expected five-year baseline growth under current conditions and limitations

· Potential employment growth above baseline if barriers to growth are removed

· Low / medium / high-range estimates of employment growth if barriers are removed