Utah’s Strategic Clusters: Performance, Benefits, Workforce Needs, and Rural Utah
The University of Utah's Kem C. Gardner Policy Institute has published a new study on the performance of Utah’s six "strategic clusters," or target industries for the state's economic development efforts. The report evaluates their performance before and since inception (June 2005) relative to the rest of the state’s economy—and relative to their performance nationwide. It analyzes the clusters’ resilience during the Great Recession and its recovery, assesses prospects for future growth, examines the economic benefits the clusters provide through their supply chain connections to the rest of the state’s economy, analyzes workforce needs by examining growth forecasts for the top occupations used by each cluster, assesses whether these are still the “right” clusters—and whether any new clusters should be considered, and, finally, evaluates the transferability of the clusters to rural Utah.
View the report here.