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Best Practices in Georgia Planning

Best PracticeIssues AddressedExamplesQCO
Analyzing Existing Industry in the Local Economy

Analyze the composition of the local economy to help understand how dependent the community is on one or two industries, how well industries are performing, what the average wages are in each industry, how well the local economy compares to national or regional averages, and what gaps in the industry mix could be filled to enhance the local economy. Techniques used to analyze existing industry structure include cluster analysis, location quotients, and shift-share analysis.
  • We'd like to create more jobs or economic opportunities in our community
  • We'd like to develop a strategy for appropriate economic development of our community
  • We'd like to encourage development of small commercial centers to serve particular neighborhoods
  • We'd like to promote development of housing with convenient access to major employers
  Economic Prosperity

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