Industry Cluster

An industry cluster consists of large and small firms in a single industry. Firms in industry clusters benefit from synergies of association related to shared labor, sources of innovation, suppliers, markets, technology, and infrastructure.

graphic displaying multiple overlapping cirles representing various partners in an industry

States and local leaders can...learn from existing efforts in their states that demonstrate positive change in the factors that lead to growth. For firms in almost every industry, those factors are the availability of an appropriately skilled labor pool at all levels (from entry to advanced) and the presence of an industry cluster that provides access to shared resources, innovation, and markets