AQUA BOOK 2015 - Page 35

Location Quotient by Employment . . .oil and gas employment in that metro area is more than six times that in a typical metro area of the same size. Sources: EMSI, and author’s calculations. Laredo has a similar Location Quotient in oil and gas employment, but its employment concentration in transportation and warehousing is equally high. By contrast, San Antonio and other metro areas in South Texas are more economically diversified and thus have fewer industries with relatively high employment concentration. Annual Review of South Texas Economy DIVERSIFICATION VS. SPECIALIZATION The accompanying bar chart displays the Location Quotients of industries for the five South Texas metro areas. The LQ readings are similar across regions for some industries, such as in the service sector, but vary remarkably for other industries, such as mining and construction. The highest Location Quotient is the mining sector in Corpus Christi. Its reading indicates that oil and gas employment in that metro area is more than six times that in a typical metro area of the same size. 33