Industry Analysis
Critical to the effectiveness of any regional economic development strategy is the creation of sector-targeted policies and programs, ones aimed at strengthening specific industries vital to a region's economic performance.
Industry targeting is usually carried out to meet two different needs. One is strengthening key regional industries- either assisting those undergoing structural changes or helping healthy industries maintain their competitive position. The second focus is supporting industries with a small regional presence but with the potential for significant growth.
In both cases, CERC can work with your organization to identify those industries that should be the focus of regional economic development efforts. Using a variety of analytic techniques in conjunction with our detailed database of industries and employers, we will determine which industries have a competitive advantage in your area.
Recent industry targeting clients include:
- Berlin
- Bridgeport
- Cheshire
- Simsbury
For more information on how CERC can help you with industry targeting, call 860-571-7136 or e-mail Jeff Blodgett, Vice President of Research.