Leading, Slipping, Gaining, Lagging Analysis:
Assessing Transportation and Warehousing Employment Growth
Across Utah Counties
Transportation and Warehousing
Employment Growth
County vs Statewide Average: 2010-2017 and 2017
Transportation and Warehousing
Employment Growth
Utah:
2010-2017 = 3.66%
2017 = 4.68%
Borrowing from an approach that sometimes appears in the finance sections of the popular press, LSGL analysis is a handy and versatile way to compare, portray and classify the patterns of transportation and warehousing employment growth across all of Utah's 29 counties. In finance, this technique is used for comparing and assessing the market performance of individual securities or across industry sectors. For example, the performance of the 30 stocks contained within Dow are compared with one another over the past week in contrast to their performance over the past month using the Dow's respective averages as the points of reference.
Here in this Utah Regional Economic Analysis Project report, we adopt this approach to gauge and compare the transportation and warehousing employment growth of Utah's 29 counties over the latest available year (2017) against the backdrop of their growth over the long term period (2010-2017). In so doing we classify their growth and performance into 4 broad categories: Leading, Slipping, Gaining and Lagging.
Transportation and Warehousing
Employment Growth
County vs Statewide Average: 2010-2017 and 2017
Transportation and Warehousing
Employment Growth
Utah:
2010-2017 = 3.66%
2017 = 4.68%
This figure displays the 29 counties of Utah as dots on a scattergram, with the vertical axis representing the average annual transportation and warehousing employment growth rate over the long-term period (2010-2017), and the horizontal axis representing the transportation and warehousing employment growth rate for the near-term (2017).
This figure sets apart those counties whose long-term transportation and warehousing employment growth exceeded the statewide average of 3.66%, by portraying them in the top two quadrants demarcated at 3.66% on the vertical axis. County whose long-term average annual transportation and warehousing employment growth rate trailed the statewide average (3.66%) are distributed in the bottom two quadrants. In all, 7 counties surpassed the statewide average over 2010-2017, while 12 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 10 counties whose most recent (2017) transportation and warehousing employment growth rate exceeded the statewide average (4.68%). The two quadrants on the left feature those 9 counties whose transportation and warehousing employment growth over 2017 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 29 counties corresponding with their long-term (2010-2017) and near-term (2017) performance relative to their respective statewide averages of 3.66% over 2010-2017 and 4.68% over 2017:
Leading counties () (top-right quadrant)...are counties whose average annual transportation and warehousing employment growth rate surpassed the statewide average both long-term (3.66%) and near-term (4.68%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual transportation and warehousing employment growth rate exceeded the statewide average (3.66%), but whose near-term growth has "slipped" by falling below the Utah average (4.68%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual transportation and warehousing employment growth rate fell below the statewide average (3.66%), but whose near-term growth has "gained" by registering above the average (4.68%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual transportation and warehousing employment growth rate fell under the statewide average both long-term (3.66%) and near-term (4.68%).
   
 
Summary of Utah's 29 County Totals
 
Short Term Average
 
 
Below
(4.68%)
Above
(4.68%)
 
Long
Term
Average
Above
(3.66%)
2
5
7
Below
(3.66%)
7
5
12
 
9
10
19
 
   
Leading Counties
2017 vs. 2010-2017 Averages
Leading Counties
Utah:
2010-2017 = 3.66%
2017 = 4.68%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Utah counties classified as Leading. These counties surpassed Utah's average annual transportation and warehousing employment growth both long-term (2010-2017 = 3.66%) as well as near-term (2017 = 4.68%). Each is identified by its corresponding ranking based on it's average annual transportation and warehousing employment growth rate over 2010-2017.
Of Utah's 29 counties, 5 (17%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2017 vs. 2010-2017 Averages
Slipping Counties
Utah:
2010-2017 = 3.66%
2017 = 4.68%
This figure depicts the distribution of the 2 Utah counties classified as Slipping (top-left quadrant), in that their long-term average annual transportation and warehousing employment growth rate outpaced the average statewide (2010-2017 = 3.66%), while they trailed the statewide average near-term (2017 = 4.68%). Again, each county is identified by it's corresponding ranking based on its average annual transportation and warehousing employment growth rate over 2010-2017.
Only 2 (7%) of Utah's 29 counties are classified as Slipping (). Those counties ranked by their long-term average include:
Gaining Counties
2017 vs. 2010-2017 Averages
Gaining Counties
Utah:
2010-2017 = 3.66%
2017 = 4.68%
This figure shows the distribution of the 5 Utah counties classified as Gaining (bottom-right quadrant), in that their long-term average annual transportation and warehousing employment growth rate posted below the average statewide (2010-2017 = 3.66%), while they outpaced Utah's average near-term (2017 = 4.68%). Again, each county is identified by its corresponding ranking based on its average annual transportation and warehousing employment growth rate over 2010-2017.
Of Utah's 29 counties, 17% (5) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2017 vs. 2010-2017 Averages
Lagging Counties
Utah:
2010-2017 = 3.66%
2017 = 4.68%
This figure depicts the distributions of the 7 Utah counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual transportation and warehousing employment growth both long-term (2010-2017 = 3.66%) as well as near-term (2017 = 4.68%). Again, each county is identified by its corresponding ranking based on it's average annual transportation and warehousing employment growth rate over 2010-2017.
24% of Utah's counties, 7 of 29, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Utah
Transportation and Warehousing Employment Growth
County vs. Statewide Average
 
2010-2017
 
2017
 
 
Leading Counties
 
1
9.00
 
2
19.08
181
 
3
6.81
 
9
6.82
47
 
4
5.79
 
5
9.93
1,816
 
2
7.34
 
10
6.21
4,923
 
6
4.37
 
12
5.40
4,530
Slipping Counties
 
7
4.18
 
14
4.19
39,544
 
5
5.30
 
24
-6.19
697
Gaining Counties
 
12
1.14
 
13
4.90
1,776
 
9
3.24
 
7
8.98
6,406
 
14
-0.51
 
11
5.56
456
 
8
3.49
 
3
13.59
209
 
15
-0.72
 
6
9.55
849
Lagging Counties
 
18
-2.11
 
23
-4.69
203
 
13
0.73
 
20
-0.29
1,390
 
17
-1.78
 
19
1.87
382
 
19
-2.99
 
25
-7.08
735
 
16
-0.73
 
22
-3.60
241
 
11
2.14
 
15
3.84
1,191
 
10
2.65
 
16
3.57
2,988
Undefined/Suppressed Counties
 
U
U
 
S
S
S
 
U
U
 
18
1.92
53
 
U
U
 
1
20.41
59
 
U
U
 
S
S
S
 
U
U
 
17
2.30
89
 
U
U
 
S
S
S
 
U
U
 
21
-3.33
29
 
U
U
 
S
S
S
 
U
U
 
8
8.95
280
 
U
U
 
4
10.71
31
 
 
 
 
 
 
 
 
 
3.66
 
4.68
69,281
 
 
 
 
 
 
 
 
 
4.20
 
3.38
7,663,800
November 2018
REAP_PI_CA1500N_510800_LSGL
 
   
Copyright © 2019. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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