To begin:
You need to select a state (not the United States) to see the choices for Metro Area or County.
Roll-over the graphs to easily view data values for each year.
Select each chart's legend to add or remove lines on the graph. The data on the axis can dynamically adjust based on the selected data.
Establishment is defined as an economic unit that produces goods and/or services at a single physical location. All businesses are tracked including for-profit (privately owned and publicly traded), non-profit, government, sole proprietors, and proprietors.
Jobs are defined as all persons currently working at an establishment including full-time, part-time, and temporary workers. This includes proprietorships and sole proprietors (self-employed).
Change is the percentage of total annual change in Establishments and Jobs.
New Establishments an establishment that is new (uniquely idnetified) to the YE Time Series database.
Gain – gross increase in establishments, jobs, starts, expansions (jobs), and moves (into region).
Loss - gross decrease in establishments, jobs, closings, contractions (jobs), and moves (out of region).
Net New - the subtraction of gross loss from gross gain.
Local - Establishments that tend to sell their products and services to customers within the region.
External - Establishments that tend to sell their products and services to customers outside the region.
Non Trade/Healthcare - Establishments that are non-profit (including hospitals), or government.
LQ <1 - a region has a lower concentration of jobs and is less specialized than the nation.
LQ =1 - a region and the nation are equally specialized in jobs.
LQ >1 - a region has a higher concentration of jobs than the nation.
The 3 YE regions are ranked:
States - ranked against 50 states and D.C. with U.S. included for comparison (average).
Metro Areas - ranked against 382 metro areas in the U.S.
Counties - ranked against all the counties in the state you are viewing.
What are the dynamics of your economy?
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What are the trends in establishment size?
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Are you selling goods and services outside of your region?
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