Key Industry Clusters
THE NORTH SHORE’S KEY INDUSTRY CLUSTERS
In 2013, the North Shore Alliance for Economic Development commissioned an updated study of the region’s economy, based on an initial analysis completed five years earlier. This study evaluated changes in five previously identified business clusters and marked the emergence of a group of businesses clustering around local food production.
These clusters—advanced manufacturing, creative economy, health care, life sciences, local food, tourism and recreation—are one lens through which we can view our regional economy and devise strategies for strengthening it.
The clusters have “soft edges” in that some companies are members of more than one cluster—a manufacturer may be active in the life sciences arena, for instance, or a restaurant a participant in both the local food and tourism & recreation clusters. As different as they are, they share one thing in common: theirs are the jobs of the future.