SOCRATES

Sample Justifications for Targeted Industry Narratives
NAICS	Industry	TWC/LMCI Sector	Rationale
5413	Architectural & Engineering Services	Business and Financial Services	Industry added 5,635 jobs between 2006 & 2008. Has large local share and positive industry mix in Shift Share. Strong job growth and above average 2016 projections statewide.
5416	Management and Technical Consulting Services	Business and Financial Services	Industry added 2,325 jobs between 2006 & 2008. Has large local share and positive industry mix in Shift Share. The location quotient is 1.34 and has grown from 1.18 in 2005. Strong job growth and projections statewide.
4246	Chemical Merchant Wholesalers	Petroleum Refining and Chemicals	Added 1,820 jobs between 2006 and 2008, the industry is large and diverse in the region. Local job growth prospects verified thru conversations with Celanese Chemical, Dow Chemical and Dixie Chemical Co.
7222	Limited Service Eating Place	Tourism, Hospitality and Leisure	Combined with 7221 Full-service restaurants, these industries added almost 15,000 jobs between 2006 and 2008. Although they tend to be low paying, jobs in this industry are often valuable in establishing labor market attachment and work ethic. Plus, our region has many large tourism destinations.
3364	Aerospace and Parts Manufacture	Tourism, Hospitality and Leisure	Significant presence in North Texas led by Pratt & Whitney and Air Tractor. The industry is relatively large, added almost 300 jobs during 2006-08 and is linked directly to a Governors cluster.
6111	Elementary and Secondary Schools	Education, Training and Personal Development	Although the South Plains exports higher education (Texas Tech, South Plains College and Wayland Baptist University), the area is only self-sufficient in higher education services. As is true in most regions of Texas, Elementary & Secondary Education is a large industry in constant need of teachers and other skilled workers. The sheer numbers of job openings created in this industry merits consideration in the targeting process.
6221	General Medical and Surgical Hospitals	Education, Training and Personal Development	Hospitals employ over 136,000 workers in the RWN region, require large numbers of skilled technical staff, seem more likely than most other industries to weather the current economic storms and is experiencing demand driven by an immutably aging population.