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Economic Vitality measures the quantity and quality of jobs within a region, the relative incomes that its residents earn, the wealth they attain, and economic opportunities for its entrepreneurs.
Innovation measures the extent to which a community and its institutions are generating new ideas and inventions, and the market’s reception of these ideas.
Infrastructure measures the quantity and quality of the investment a region makes in underlying structures, including transportation and broadband internet.
Talent measures who is working today, and how well the region’s talent pipeline is being prepared for the jobs of tomorrow.
Civic Quality measures the affordability of a region, the health and safety of its citizens, and the recreational opportunities that impact its quality of life.
Outcomes measure the growth of the regional economy, the extent to which economic growth is being enjoyed by everyone, and the attractiveness of the region for its current and potential residents.
For the purpose of the Regional Competitiveness Report, the data presented for the Tampa Bay region reflects the eight counties of Citrus, Hernando, Hillsborough, Manatee, Pasco, Pinellas, Polk, and Sarasota.
The Tampa Bay Partnership is a coalition of regional business and nonprofit leaders, joined by a shared commitment to improving the personal and economic well-being of Tampa Bay residents. Through its foundation, the Partnership conducts objective, data-driven research to identify the region’s greatest challenges and measure our progress toward shared community goals. This work includes the Regional Competitiveness Report, which helps measure our region's performance against other communities nationwide.
Infrastructure measures the quantity and quality of the investment a region makes in underlying structures, including transportation and broadband internet.
In an increasingly technology filled world, digital access is a valuable indicator on how well households can potentially work and/or learn from home. Residents of these households are more likely to develop the digital skills that are commonly associated with high growth and high wage jobs.
Our region continues to make positive progress in expanding digital access. Based on the 2024 report findings, Tampa Bay is above the U.S. average in this indicator at 83.78%. While improvements have been made, work will need to continue as nearly 2 out of every 10 households in our region do not have a laptop, desktop or high-speed home internet connection. Tampa Bay ranks 17th out of the 20 national comparison communities in this indicator.
