This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Long Term State Prosperity Performance 1999 to 2009
Notes: Real GDP figures in 2005 chained US dollars from the Bureau of Economic Analysis. Growth rate is calculated as compound annual growth rate. D.C. excluded
U.S. GDP per Capita
Real Growth Rate: 0.86%
Gross Domestic Product per Capita Real Growth Rate, 1999 to 2009
25 General Instrument Corporation 1 25 Valentx, Inc. 1
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Note: Data are based on private, non-agricultural employment.
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Metro-rural mix: average wage impact from a state’s relative proportion of metro and rural regions
Relative metro wage: average wage impact from state relative performance in metro regions
Relative rural wage: average wage impact from state relative performance in rural regions
On average 66.3% of the average wage gap in a state is due to the metro wage effect.
Traded Clusters Local Clusters Natural EndowmentDependent
Perc
en
t o
f To
tal
Pri
va
te E
mp
loym
en
t
Note: Data throughout this section of the report are based on private, non-agricultural employment.
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Composition of the Wyoming Economy Employment by Traded Cluster, 2008 Rank in US
Note: Ranks are among the 50 US states plus the District of Columbia. Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Change in Wyoming share of National Employment, 1998 to 2008
Wyo
min
g’s
na
tio
na
l e
mp
loym
en
t s
ha
re, 2
00
8
Employees 3,500 =
Composition of the Wyoming Economy Specialization by Traded Cluster, 1998 to 2008
Wyoming Overall Share of US
Traded Employment: 0.20%
Overall change in the
Wyoming Share of US Traded
Employment: +0.07%
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Change in Wyoming share of National Employment, 1998 to 2008
Wyo
min
g’s
na
tio
na
l e
mp
loym
en
t s
ha
re, 2
00
8
Employees 3,500 =
Composition of the Wyoming Economy Specialization by Traded Cluster, 1998 to 2008
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Wyoming Job Creation by Traded Cluster 1998 to 2008
Jo
b C
rea
tio
n,
19
98
to
20
08
-2,000
0
2,000
4,000
6,000
8,000
10,000
12,000O
il a
nd
Ga
s P
rod
ucts
an
d S
erv
ice
s
He
avy C
on
str
uctio
n S
erv
ice
s
Bu
sin
ess S
erv
ice
s
Ho
sp
ita
lity
an
d T
ou
rism
En
tert
ain
me
nt
Ch
em
ica
l P
rod
ucts
Tra
nsp
ort
atio
n a
nd
Lo
gis
tics
Ed
uca
tio
n a
nd
Kn
ow
led
ge
Cre
atio
n
Pre
fab
rica
ted
En
clo
su
res
Dis
trib
utio
n S
erv
ice
s
Mo
tor
Dri
ve
n P
rod
ucts
Pu
blish
ing
an
d P
rin
tin
g
Sp
ort
ing
, R
ecre
atio
na
l a
nd
Ch
ild
ren
's G
oo
ds
Pro
du
ctio
n T
ech
no
log
y
Info
rma
tio
n T
ech
no
log
y
Co
nstr
uctio
n M
ate
ria
ls
Bio
ph
arm
ace
utica
ls
Bu
ild
ing
Fix
ture
s, E
qu
ipm
en
t a
nd
Se
rvic
es
Au
tom
otive
Me
tal M
an
ufa
ctu
rin
g
Ag
ricu
ltu
ral P
rod
ucts
Te
xtile
s
Fis
hin
g a
nd
Fis
hin
g P
rod
ucts
Lig
htin
g a
nd
Ele
ctr
ica
l E
qu
ipm
en
t
Pla
stics
Ae
rosp
ace
Ve
hic
les a
nd
De
fen
se
Je
we
lry a
nd
Pre
cio
us M
eta
ls
An
aly
tica
l In
str
um
en
ts
Ae
rosp
ace
En
gin
es
Fo
rest P
rod
ucts
Fin
an
cia
l S
erv
ice
s
Le
ath
er
an
d R
ela
ted
Pro
du
cts
Ap
pa
rel
Fu
rnitu
re
Me
dic
al D
evic
es
He
avy M
ach
ine
ry
Pro
ce
sse
d F
oo
d
Po
we
r G
en
era
tio
n a
nd
Tra
nsm
issio
n
To
ba
cco
Net traded job creation,
1998 to 2008:
+25,552
Indicates expected job creation
given national cluster growth.*
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director. * Percent change in national benchmark times starting regional employment. Overall traded job creation in Wyoming, if it matched national benchmarks, would be +5,930
Fishing and Fishing ProductsLeather and Related Products
Sporting, Recreational and Children's GoodsPlastics
Motor Driven ProductsJewelry and Precious Metals
Lighting and Electrical EquipmentAutomotive
Forest ProductsProduction Technology
TobaccoAerospace Engines
Communications EquipmentMedical Devices
Analytical InstrumentsHospitality and Tourism
Agricultural ProductsEntertainment
Building Fixtures, Equipment and ServicesAerospace Vehicles and Defense
Education and Knowledge CreationProcessed Food
Publishing and PrintingTransportation and Logistics
Heavy MachineryBiopharmaceuticals
Information TechnologyDistribution Services
Heavy Construction ServicesBusiness Services
Metal ManufacturingFinancial Services
Chemical ProductsOil and Gas Products and Services
Power Generation and Transmission
Wyoming Wages by Traded Cluster vs. National Benchmarks
Wages, 2008
Wyoming average
traded wage: $55,297
l Indicates average
national wage in
the traded cluster.
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Total private, non-agricultural employment in Wyoming: 221,971.
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Change in Share of National Employment, 1998 to 2008
Nati
on
al
em
plo
ym
en
t s
hare
, 2
00
8
Employees 2,500 =
Wyoming Share of US Oil and Gas Products
and Services Employment: +3.37%
Change in Wyoming Share of
US Oil and Gas Products and
Services Employment: +1.19%
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Added Jobs
Lost Jobs
Employment
1998-2008
Wyoming Oil and Gas Products and Services Cluster, 1998-2008 Specialization by Subcluster
Change in Share of National Employment, 1998 to 2008
Nati
on
al
em
plo
ym
en
t s
hare
, 2
00
8
Employees 300 =
Wyoming Share of US Chemical
Products Employment: 0.61%
Change in Wyoming Share of
US Chemical Products
Employment: +0.40%
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Added Jobs
Lost Jobs
Employment
1998-2008
Wyoming Chemical Products Cluster, 1998-2008 Specialization by Subcluster
Note: Ranks are among the 50 US states plus the District of Columbia. Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Wyoming Job Creation by Local Cluster 1998 to 2008
Jo
b C
rea
tio
n, 1
99
8 t
o 2
00
8
-2,000
-1,000
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000L
oca
l R
ea
l E
sta
te,
Co
nstr
uctio
n, a
nd
De
ve
lo
Lo
ca
l H
ea
lth
Se
rvic
es
Lo
ca
l H
osp
ita
lity
Esta
blish
me
nts
Lo
ca
l L
og
istica
l S
erv
ice
s
Lo
ca
l M
oto
r V
eh
icle
Pro
du
cts
an
d S
erv
ice
s
Lo
ca
l In
du
str
ial P
rod
ucts
an
d S
erv
ice
s
Lo
ca
l R
eta
il C
loth
ing
an
d A
cce
sso
rie
s
Lo
ca
l C
om
me
rcia
l
Se
rvic
es
Lo
ca
l C
om
mu
nity a
nd
Civ
ic O
rga
niz
atio
ns
Lo
ca
l F
ina
ncia
l S
erv
ice
s
Lo
ca
l U
tilitie
s
Lo
ca
l H
ou
se
ho
ld G
oo
ds
an
d S
erv
ice
s
Lo
ca
l P
ers
on
al S
erv
ice
s
(No
n-M
ed
ica
l)
Lo
ca
l F
oo
d a
nd
Be
ve
rag
e P
roce
ssin
g
an
d D
ist
Lo
ca
l E
nte
rta
inm
en
t a
nd
Me
dia
Lo
ca
l E
du
ca
tio
n a
nd
Tra
inin
g
Net local job creation,
1998 to 2008:
+ 29,752
Indicates expected job creation
given national cluster growth.*
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director. * Percent change in national benchmark times starting regional employment. Overall local job creation in Wyoming, if it matched national benchmarks, would be +20,205
Wyoming Wages by Local Cluster vs. National Benchmarks
Wages, 2008
Wyoming average
local wage: $33,055
l Indicates average
national wage in
the local cluster.
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
Defining the Appropriate Region Wyoming in BEA Economic Areas
Source: Prof. Michael E. Porter, Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School; Richard Bryden, Project Director.
See http://www.isc.hbs.edu/cmp/help.html for Excel listing.
Source: Cluster Mapping Project, Institute for Strategy and Competitiveness, Harvard Business School
Aerospace Engines Chemical Products Furniture M etal M anufacturing Processed FoodAircraf t Engines Int ermediat e Chemicals and Gases Furnit ure Fabricat ed Met al Product s Milk and Frozen Dessert s
Precision Met al Product s Packaged Chemical Product s Wood Mat erials and Product s Met al Alloys Baked Packaged Foods
Ot her Processed Chemicals Furnishings Primary Met al Product s Cof f ee
Aerospace Vehicles and Defense Ref ract or ies Tableware and Kit chenware Precision Met al Product s Processed Dairy and Relat ed Product s
Aircraf t Leat her Tanning and Finishing Fast eners Meat and Relat ed Product s and Services
Missiles and Space Vehicles Ammunit ion Heavy Construction Services Wire and Springs Flour
Def ense Equipment Special Packaging Final Const ruct ion Met al Processing Specialt y Foods and Ingredient s
Treat ed Garment s Subcont ract ors Iron and St eel Mills and Foundries Milling
Agricultural Products Primary Const ruct ion Mat erials Nonf errous Mills and Foundries Candy and Chocolat e
Farm Management and Relat ed Services Communications Equipment CeramicTile Met al Furnit ure Malt Beverages
Soil Preparat ion Services Communicat ions Equipment Equipment Dist r ibut ion and Wholesaling Environment al Cont rols Paper Cont ainers and Boxes
Irr igat ion Syst ems Elect r ical and Elect ronic Component s Fabricat ed Met al St ruct ures and Piping Pumps Met al and Glass Cont ainers
Packaging Specialt y Of f ice Machines Explosives Saw Blades and Handsaws Food Product s Machinery
Fert ilizers General Indust r ial Machinery
Agricult ural Product s Construction M aterials Heavy M achinery Laundry and Cleaning Equipment Production TechnologyWine and Brandy Tile, Brick and Glass Const ruct ion Machinery Met al Armament s Machine Tools and Accessories
Cigars Plumbing Fixt ures Farm Machinery Process Equipment Sub-syst ems and Component s
Milling and Ref ining Wood Product s Railroad Equipment and Rent al M otor Driven Products Hoist s and Cranes
Cut and Crushed St one Mining Machinery Mot ors and Generat ors Process Machinery
Analytical Instruments Gum and Wood Chemicals Machinery Component s Bat t er ies Indust r ial Pat t erns
Laborat ory Inst rument s Rubber Product s Valves and Pipe Fit t ings Mot orized Equipment Fabricat ed Plat e Work
Opt ical Inst rument s Ref r igerat ion and Heat ing Equipment Indust r ial Trucks and Tract ors
Process Inst rument s Distribution Services Hospitality and Tourism Appliances Ball and Roller Bearings
Search and Navigat ion Equipment Merchandise Wholesaling Tourism At t ract ions Specialized Pumps
Elect ronic Component s Apparel and Accessories Wholesaling Tourism Relat ed Services Specialized Machinery Publishing and PrintingCat alog and Mail-order Wat er Passenger Transport at ion Tires and Inner Tubes Publishing
Apparel Food Product s Wholesaling Accommodat ions and Relat ed Services News Syndicat es
Men's Clot hing Farm Mat erial and Supplies Wholesaling Boat Relat ed Services Oil and Gas Products and Services Signs and Advert ising Specialt ies
Women's and Children's Clot hing Transport at ion Vehicle and Equipment Dist r ibut ion Ground Transport at ion Oil and Gas Machinery Phot ographic Services
Hosiery and Ot her Garment s Hydrocarbons Phot ographic Equipment and Supplies
Accessories Education and Knowledge Creation Information Technology Oil and Gas Explorat ion and Drilling Radio, TV, Publisher Represent at ives
Knit t ing and Finishing Mills Educat ional Inst it ut ions Comput ers Oil Pipelines Print ing Services
Research Organizat ions Elect ronic Component s and Assemblies Pet roleum Processing Print ing Input s
Automotive Educat ional Facilit ies Peripherals Oil and Gas Trading Paper Product s
Mot or Vehicles Pat ent Owners and Lessors Sof t ware Wat er Freight Transport at ion Services Specialt y Paper Product s
Aut omot ive Part s Supplies Communicat ions Services Inked Paper and Ribbons
Aut omot ive Component s Plastics Of f ice Equipment and Supplies
Forgings and St ampings Entertainment Jewelry and Precious M etals Plast ic Mat erials and Resins
Flat Glass Video Product ion and Dist r ibut ion Jewelry and Precious Met al Product s Plast ic Product s Sporting, Recreational and Children's GoodsProduct ion Equipment Recorded Product s Cost ume jewelry Paint s and Allied Product s Sport ing and At hlet ic Goods
Small Vehicles and Trailers Ent ert ainment Equipment Cut lery Synt het ic Rubber Games, Toys, and Children's Vehicles
Ent ert ainment Relat ed Services Collect ibles Mot orcycles and Bicycles
Biopharmaceuticals Ent ert ainment Venues Power Generation and TransmissionBiopharmaceut ical Product s Leather and Related Products Elect r ic Services TextilesHealt h and Beaut y Product s Financial Services Leat her product s Turbines and Turbine Generat ors Fabric Mills
Cont ainers Deposit ory Inst it ut ions Fur Goods Transf ormers Specialt y Fabric Mills
Securit ies Brokers, Dealers and Exchanges Coat ed Fabrics Porcelain, Carbon and Graphit e Component s Specialt y Fabric Processing
Building Fixtures, Equipment and Services Insurance Product s Relat ed Product s Elect ronic Capacit ors Text ile Machinery
Plumbing Product s Healt h Plans Accessories Yarn and Thread Mills
Drapery Hardware Risk Capit al Providers Prefabricated Enclosures Carpet s and Rugs
Fabricat ed Mat erials Invest ment Funds Lighting and Electrical Equipment Recreat ional Vehicles and Part s Wool Mills
Heat ing and Light ing Real Est at e Invest ment Trust s Light ing Fixt ures Mobile Homes Fibers
Furnit ure and Fit t ings Passenger Car Leasing Elect r ic Lamps Trucks and Trailers Finishing Plant s
Clay and Vit reous Product s Bat t er ies Casket s Specialt y Apparel Component s
Floor Coverings Fishing and Fishing Products Swit chgear Elevat ors and Moving St airways Women's and Children's Underwear
St eam and Air-condit ioning Fish Product s Elect r ical Part s Of f ice Furnit ure Tire Cord and Fabrics
St one and Tile Work Fishing and Hunt ing Met al Part s Household Ref r igerat ors and Freezers
Wood Cabinet s, Fixt ures and Ot her Product s Processed Seaf oods Aluminum Processing TobaccoConcret e, Gypsum and Ot her Building Product s M edical Devices Cigaret t es
Footwear Surgical Inst rument s and Supplies Ot her Tobacco Product s
Business Services Foot wear Dent al Inst rument s and Supplies Tobacco Processing
Management Consult ing Specialt y Foot wear Opht halmic Goods Specialt y Packaging
Online Inf ormat ion Services Foot wear Part s Medical Equipment
Comput er Services Diagnost ic Subst ances Transportation and LogisticsComput er Programming Forest Products Biological Product s Air Transport at ion
Phot ocopying Paper Product s Bus Transport at ion
Market ing Relat ed Services Paper Mills Marine Transport at ion
Prof essional Organizat ions and Services Paper Indust r ies Machinery Ship Building
Engineering Services Pref abricat ed Wood Buildings Transport at ion Arrangement and Warehousing
Laundry Services Wood Part it ions and Fixt ures Trucking Terminal