Industry & Cluster Analysis
See which industries are driving a market and where growth is moving.
Understand the business base behind a location, compare industry patterns across markets, track business formation and growth signals, and see which industries receive incentive support.
Start with the question
The industry questions behind attraction, retention, and strategy.
Which industries make up this market?
See the leading sectors and business base behind the local economy.
Which parts of the economy are growing?
Review business formation, economic momentum, and industry signals where supported.
How does the industry mix compare with another market?
Put competing locations next to each other and compare their business base.
Which sectors are receiving incentive support?
Connect industry classifications with actual incentive award activity.
Is the market creating new businesses?
Review business formation and new business activity.
What should we target or watch more closely?
Use multiple signals to understand established industries and emerging patterns.
Why the old way is hard
Industry strategy gets weak when every signal lives in a different place.
Business base
Firm and business information may come from one source.
Growth
Output and formation measures may come from another.
Incentives
Award activity often has no industry field until it is classified.
Comparison
Understanding how the same sector looks across markets can become a manual research project.
How Incenti helps
See the business base, growth signals, and incentive activity together.
Business Base
Understand the firms and sectors that make up the market.
Employment & Wage Context
Review the employment and wage picture for the market, with leading sectors in the mix where supported.
Business Formation
See where new businesses are forming and how activity is changing.
Economic Momentum
Add output, income, and other growth signals to the industry picture.
Incentive Activity by Industry
See which sectors receive support and how that activity changes over time.
Market Comparison
Compare industry conditions across the places relevant to your strategy or project.
Understand the pattern
Look for the industries that already matter and the ones gaining momentum.
Insights helps teams study industry conditions using the business base, formation, growth, economic, and incentive signals available in the platform.
How teams use it
Economic Development Organizations
Use industry analysis to understand the current economy, support target industry strategy, prepare business attraction materials, and explain how the local business base is changing.
- Understand leading industries
- Compare sector patterns with competitor markets
- Track business formation and economic growth signals
- Connect incentive activity to industry strategy
Site Selectors & Corporate Location Teams
Use industry context to understand the business environment around a project and how a market's economy compares with alternatives.
- Review the market's business base
- Compare industry patterns
- Understand economic momentum
- See incentive activity by industry
Ask Insights
“Which industries appear strongest in these markets, and where is business formation growing?”
Ask about industry patterns, business growth, and market differences using Insights data.
Industry & Cluster Analysis FAQs
What does Industry & Cluster Analysis cover?
Does Insights calculate location quotients?
Does Insights show employment and wages by individual industry?
Can I compare industries across markets?
Can I see incentive activity by industry?
Understand the industries behind the market.
See the business base, growth signals, and incentive patterns across the places that matter to your strategy.