As a part of the Regional Strategic Planning Process, industry target and supply chain analysis research was conducted to identify target sectors and related supply chains. Based on the outcome of the research six industry clusters have been identified for the Verde Valley to pursue. Established and growing industries that are driving the region’s growth include Healthcare Services, Agriculture and Food Processing, Hospitality and Tourism, and Advanced Manufacturing. The Information Technology and Telecommunications cluster is mature but has lost jobs and some concentration in the region. Similarly, Business and Professional Services has declined in concentration and stagnated in job growth.
With the exception of information technology, all of the industries experienced job growth from 2012 to 2017, with the greatest gains in Healthcare Services followed by Agriculture and Food Processing.