The table below provides employment data and the location quotient (LQ) values for the industry clusters represented in Ashtabula County. A location quotient (LQ) is basically a way of quantifying how concentrated a particular industry is in a county as compared to the nation. It can reveal what makes a particular region “unique” in comparison to the national average. The higher the LQ value, the more concentrated the industry is the locale. An LQ value of 7.00 means that the industry is 7 times more concentrated in the locale than the nation as a whole.
Ashtabula County’s top clusters from an LQ value standpoint are: primary metals manufacturing, chemicals and chemical products, advanced materials (especially plastics), forest and wood products, machinery manufacturing, fabricated metals, biomedical and biotechnical products, education and knowledge management, electrical, and equipment manufacturing.
The county’s two most influential clusters based upon both employment and LQ values are: chemicals and chemical products and advanced materials (especially plastics).
Table 1: Ashtabula County Clusters Ranked by Location Quotient (LQ) Values
|Description||Cluster – Employment||Industry Cluster Employment LQ|
|Primary Metal Mfg||377||8.43|
|Chemicals & Chemical Based Products||2,311||5.34|
|Forest & Wood Products||796||2.84|
|Fabricated Metal Product Mfg||693||2.42|
|Biomedical/Biotechnical (Life Sciences)||4,573||1.39|
|Education & Knowledge Creation||1,517||1.33|
|Electrical Equipment, Appliance & Component Mfg||108||1.31|
|Glass & Ceramics||55||1.06|
|Transportation Equipment Mfg||226||0.79|
|Energy (Fossil & Renewable)||1,054||0.77|
|Apparel & Textiles||96||0.65|
|Transportation & Logistics||577||0.63|
|Arts, Entertainment, Recreation & Vistor Industries||655||0.55|
|Agribusiness, Food Processing & Technology||277||0.4|
|Defense & Security||654||0.39|
|Computer & Electronic Product Mfg||60||0.26|
|Information Technology & Telecommunications||288||0.25|
|Printing & Publishing||118||0.25|
|Business & Financial Services||580||0.22|