Targeted Economic Clusters
OVERVIEW Utah’s economic clusters (key industries) include aerospace and defense, energy and natural resources, financial services, life sciences, outdoor products and software development/information technology.These vibrant sectors leverage on Utah’s core compelling competencies in a broad range of industries, innovation and workforce. Through a framework focused on growing jobs, cluster directors review an industry in conjunction with trade associations, critical agency partners and key organizations to develop strategic plans that address issues in the areas of advocacy, innovation, capital, manufacturing, infrastructure, workforce development, international opportunities and marketing. The result is a vibrant and growing Utah economy that can be seen in the 178,259 jobs in our six clusters up from 171,390 the previous year—a growth rate of 4.0%. Individual cluster growth scores can be seen on the following pages.
Cluster Jobs – 2012 Utah’s 6 strategic industry clusters account for 178,965 jobs as of Q4 2012 The following chart shows each cluster’s contribution to those jobs. + "& # 59?
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Governor’s Office of Economic Development • 2013 Annual Report • www.business.utah.gov
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