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HomeMy WebLinkAbout042916 Jahnke, Debbie - Post-docket Amber Long Subject: From: DB Jahnke [mailto:dbiahnke@att.net] Sent: Friday, April 29, 2016 11:32 AM To: Judy Surber; Amber Long Subject: traded sector info for Planning Commission Good morning, Amber, could you forward this to the Planning Commission? Last evening there was some confusion about 'traded sector'. Hovee does talk about the term a lot because traded sector jobs are where we are under-represented. I have included a definition from Oregon law, a definition from a Portland OR report on the traded sector, and a section from Hovee. A definition from Oregon law: Traded sector means industries in which member firms sell their goods or services into markets for which national or international competition exists. from a Portland OR report on the Traded Sector: The traded sector includes industries and firms who produce goods and services that are consumed outside the region of production. In contrast the local (or non-traded) sector consists of industries and firms who produce goods and services that are consumed locally, in the region they were produced. From Hovee: Targeted sectors are intended to align with sectors that have exhibited stronger employment performance in recent years, include a substantial mix of higher wage jobs, and fit with demonstrated competitive strengths of the Port Townsend area businesses. These sectors are driven by traded sector firms— selling goods and services regionally or internationally as well as locally, thereby bringing net new dollars into the Port Townsend community. Thanks, Debbie i PC-23