Regional Economic Overview The South Central region’s focus starts with the companies and activities that make up the region’s economic base, exporting goods and services that drive job creation and import wealth into the region. These clusters and economic drivers leverage innovations that improve productivity in the region and around the world and create new market opportunities. The region’s top priority is increased employment for our residents. We continue to make strides toward pre-recession unemployment levels through robust advocacy for our leading industries, development of new programs to align education with job growth and entrepreneur support. Top Economic Drivers 1. Healthcare, Biomedical and Life Sciences 2. Higher Education 3. Arts, Culture and Tourism 4. Advanced Materials & Manufacturing Yale University and the Yale School of Medicine rank in the Top 10 for NIH funding, placing New Haven in a class with Seattle, Boston, Baltimore, Durham, Philadelphia and other cities with advanced technology centers. With the Yale School of Medicine driving growth, Greater New Haven is now the second-largest biotech cluster in New England.* While Yale University and Yale-New Haven Health System are the region’s two largest employers, Greater New Haven is not reliant on any one large employer; rather, it has a healthy mix of firms across sectors. It is also a hub of non-tech entrepreneurial activity, which feeds into the city’s ethos as a creative place. Infrastructure Greater New Haven is developing, maintaining and effectively utilizing an integrated, multi-modal transportation, communications and information system for the efficient and convenient movement of people and goods intra-regionally, inter-regionally and internationally. Location South Central Connecticut is an extremely well- connected region. Our area is served by two major interstates (I-91 and I-95), a major rail hub (Amtrak, Metro-North, Shore Line East and the soon to be completed New Haven-Hartford-Springfield line), and offers comprehensive air service from Connecticut and New York airports. The City of New Haven is also home to Connecticut’s largest deep-water port. Situated between New York and Boston, Greater New Haven is well-positioned to serve all transportation needs. * Source: 54 New Haven Skyline