Montana Competitiveness: State and Cluster Economic Performance

The snapshot chart summarizes the relative performance of a state on levels and trends in five key measures. The circles in the chart indicate quintile of performance as shown in chart legend.

1.Prosperity: State GDP per capita and 10-year trend

2.Productivity: Average private wage and 10-year trend

3.Labor Mobilization: Total labor force as a share of civilian population and 10-year trend

4.Innovation: Utility patents per 10,000 workers and 10-year trend

5.Cluster Strength:

*A "strong cluster" is identified by relative employment rank in the top 20% across all states. A state’s "cluster strength" is in turn the state’s total share of traded employment in these strong clusters.

*A positive trend in cluster strength is indicated by a state’s increasing national cluster share across these strong clusters. Leading Clusters: A listing of the state’s strong clusters is included. A state may have more than five strong clusters; the top five by employment size in the state are shown in this section.

Prepared for Governor Brian Schweitzer
Professor Michael E. Porter
National Governors Association Winter Meeting

Full Montana Report: http://www.isc.hbs.edu/nga/NGA_Montana.pdf

Other State Reports and Michael Porter video: http://www.isc.hbs.edu/stateprofiles.htm