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2013-08-13_HRA_Agenda_Packet
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2013-08-13_HRA_Agenda_Packet
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8/15/2013 9:01:56 AM
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Commission/Committee
Commission/Authority Name
Housing Redevelopment Authority
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
8/13/2013
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Agenda 9a. Attachment A <br />B.Business Survey Experience <br />________________________________________________________________ <br /> <br /> <br />Industry Selection <br /> <br />In order to select businesses from which to solicit feedback for <br />Expansion Program, the following considerations should be addres <br /> <br />Which industries have potential for the most and least growth wi <br /> <br />Figure one below depicts projections made by the Minnesota Depar <br />Economic Development (DEED) for the seven-county Minneapolis/St. <br />between 2010 and 2020. These projections are based on employmentA <br />more detailed description of the types of businesses included in <br />pages i-iii of this proposal. For the purpose of this proposal, only data o <br />businesses was analyzed (with the exception of public administra <br />to these projections, the construction, education and health ser <br />industries are expected to experience the most job growth in thiwith 38%, 31%, <br />and 14% growth respectively. The largest numerical change in job <br />education and health services industries, with an additional 76, <br />Growth is expected to add 36, 951 jobs in professional services <br />industry. Conversely, the information and the natural resources <br />resulting in a decrease of 36 and 391 jobs respectively. Jobs in <br />in 2010 employed almost 157,000 people is only expected to see j <br /> <br />Figure 1. Projected Job Growth by Industry 2010-2020, Minneapoli <br />Information <br />Natural Resources/Mining <br />Manufacturing <br />Public Administration <br />Retail Trade <br />Other Services <br />Financial Services <br />Transportation/Warehouse/Utilities <br />Wholesale Trade <br />Professional Services <br />Education/Health Services <br />Construction <br />-5%5%15%25%35%45% <br /> <br />Source: State of Minnesota Department of Employment and Economic <br />4 <br /> <br /> <br />
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