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I. - - . _ ;,H '.,r,,:'�._ .b• �:.�!,�:.�1• `�Fglia, .F. I' ?.fit sue. <br />-�.���e�'c:�Rv. :-• - - -rM .,.. Vie,?, ,•�y..`r>R .t:-'�-��r:''',-..m_.:r-•;;.s�G't_".^t�:8 ,�y *nrra•-- F - - <br />; � .R ,.� .:r � J?:.,i..; �K!t .?{:_� 1. w. •. r '9's,:4aid�• R . <br />which has evo ued � ` "''f� I't �y. I; :over'`an,ex#ended. eriod`o:.f.::time..r:'= -;� - R-�...,';:;Y;4. <br />:'einployment within the cluster peaked�in•tiie•early 1980s�and has declined ri <br />e�nf<:years, output and income have continued to grow. Future employment is <br />�ec•ted -to expand modestly. <br />ubaa:-demand and production factors -will drive much of future industry expansion, but <br />�¢,.::.:...-.. .• .ram;; �,., <br />rentl'cap.acityconstraints will likely create ongoing opportunities for domestic <br />.usfr . participants see the overall tax burden and regulatory environment as the <br />nary.sources of concern regarding future success in Texas. Job training and other <br />tors are also important, although to a lesser degree. <br />Texas business climate is seen by members of the cluster as losing ground with <br />lard to crucial factors (tax burden and regulation). <br />Refining and Petrochemicals Cluster has exceptionally high "multipliers" due to itsfz <br />:l'value-added characteristics and the capacity of Texas to provide many needed <br />uts throughout the production process and subsequent supply chain. <br />��. <br />= �;.:. <br />;the .whole, the cluster is responsible for more than $260 billion in annual Total <br />-enditures, $82 billion in Gross State Product almost 870,000 total jobs, and i <br />�6`:_4iIlion in annual State revenues. Some of this activity is disbursed around the ` '> <br />te'..-but it is concentrated in several key areas(primarily along the Texas Gulf Coast). <br />