Strategic Business Plan 2017 - 2020 Strategic Business Plan 2017 - 2020 | Page 10

Existing industry strength in the Coastal Bend has been the Chemical Manufacturing and Mining, Construction Machinery industries, as per the Governor’s 2012 Key Texas Industries report. This industry base will play a role in identifying the strengths in our region for both growth and sustainable wages.   Source: TWC Governors Cluster Analysis As we look to projected growth over the next several years TWC projects Home Health Care Services will increase by 5,050 jobs through 2024. This key industry is also by far the largest in our region employing over 11,240 by 2014 estimates. The percent of change for Home Health Care Services is also projected to be the greatest at 44.9% from 2014 to 2024. Outpatient Care Centers, Continuing Care & Assisted Living Facilities along with other industries in the Health Care sector show that this industry is projected to grow through 2024 . Coastal Bend WDA Fastest Growing Industries Industry Title Total All Industries Home Health Care Services Management & Technical Consulting Services Outpatient Care Centers Continuing Care & Assisted Living Facilities Offices of Other Health Practitioners Building Equipment Contractors Special Food Services Vocational Rehabilitation Services Offices of Physicians Automobile Dealers Business Support Services Power Generation & Supply Alcoholic Beverage Merchant Wholesalers Building Material & Supplies Dealers Building Foundation & Exterior Contractors Individual & Family Services Basic Chemical Manufacturing Architectural & Engineering Services Legal Services Child Day Care Services Sports, Hobby, & Musical Instrument Stores Offices of Dentists Grocery & Related Product Wholesalers Restaurants & Other Eating Places Utility System Construction Annual Annual Average Number Change Average 2014-2024 Employment Employmen t 2024 2014 277,410 307,960 30,550 11,240 16,290 5,050 720 1,010 290 780 1,070 290 720 980 260 1,100 1,460 360 3,500 4,460 960 1,120 1,410 290 850 1,060 210 4,310 5,320 1,010 2,280 2,810 530 1,540 1,890 350 850 1,040 190 540 660 120 2,080 2,540 460 1,190 1,450 260 1,480 1,800 320 540 650 110 2,720 3,270 550 1,560 1,860 300 1,980 2,360 380 940 1,120 180 1,150 1,370 220 630 750 120 22,050 26,210 4,160 2,920 3,470 550 TWC Tracer2 Projection tool (2014-2024) Percent Growth 2014-2024 11.0% 44.9% 40.3% 37.2% 36.1% 32.7% 27.4% 25.9% 24.7% 23.4% 23.2% 22.7% 22.4% 22.2% 22.1% 21.8% 21.6% 20.4% 20.2% 19.2% 19.2% 19.1% 19.1% 19.0% 18.9% 18.8% Source: 8