By focusing on clusters we can:
- Deploy limited resources in a strategic and catalytic fashion.
- Interact with groups of firms rather than conduct isolated transactions.
- Facilitate industry-led innovation and interventions.
- Foster the alignment of resources among regional and state partners.
If Black, Latinx and other people of color had the same income distribution as white people, the nation’s GDP would have been 14 percent greater in 2012 – $2.1 trillion. Fostering a more equitable Portland will attract an increasingly diverse workforce who will see the city as a place where they can succeed.
Traded sector clusters are drivers of our economy as their sales of goods outside of the region bring money into Portland.