Daily Archives: January 5, 2021

U.S. Demographic-Economic Insights

The results of the Census 2020 will not provide us with a good picture of the United States demographic-economic situation, mainly as a result of limited scope subject matter. While the Census 2020 data are important due to their more accurate and up-to-date small area demographics, and data tabulated by census block, only a small number of demographic subject matter items are available from Census 2020. The scope of subject matter is limited by items tabulated based on the questionnaire.

In comparison, the annual American Community Survey (ACS) data provide a much broader range of subject matter. Based largely on the 2019 ACS (the most up-to-date with data for small area geography .. released in December 2020), ProximityOne has developed tools/data to develop demographic-economic insights for the most widely used types of geography.

Demographic-Economic Insights Role & Scope
ACS and related data and ProximityOne tools have been used to develop the U.S. demographic-economic insights report, reviewed here, illustrating the scope and organization of the data and how it can be used. You can develop similar comparative analysis reports for your areas of interest. See more about the role and scope of the Demographic-Economic Insights.

U.S. National Scope Demographic-Economic Insights
View the U.S. National Scope Demographic-Economic Insights report develop using the ProximityOne Insights tool. This report is organized into two subject matter description columns, four statistical data columns and four subject matter groups. The first two statistical data columns present data based on the ACS 2019 1-year estimates. The second set of statistical data columns show data based on the 2019 ACS 5-year estimates (values centric to mid 2017). This report is a useful resource to compare/contrast data values based on the 1-year estimates side-by-side with the 5-year values. The four subject matter groups are reviewed below.

General Demographics
Graphic shows partial list of “D” items .. click graphic for larger view.
.. view this section in the U.S. Insights report.

Social Characteristics
Graphic shows partial list of “S” items .. click graphic for larger view.
.. view this section in the U.S. Insights report.

Economic Characteristics
Graphic shows partial list of “E” items .. click graphic for larger view.
.. view this section in the U.S. Insights report.

Housing Characteristics
Graphic shows partial list of “H” items .. click graphic for larger view.
.. view this section in the U.S. Insights report.

Creating Insights and Talking Points
The four subject matter groups provide a dense array of tabular statistical data that can be overwhelming to consume. Yet, not every topic can be distilled to just a few numbers. The scope of key data depends on the objective presentation, audience and desired talking points.

For example, a briefing or synopsis might include only 10-15 subject matter items such as … this report tells us that in 2019 (based on 2019 1-year estimates), the total resident population was estimated to be 328,239,523. The median age was 38.5 years. The percent high school graduates was 88.6%. The number of housing units was 139,686,209. The percent owner occupied housing units was 64.1%. These measures are roughly the same today, at the end of 2020, even with the pandemic impact. Some other measures in the report as not as reflective “as of today”.

While data shown here do not fully summarize the state of the Nation, there provide many insights. The same can said for any of the geographic areas covered. To obtain a better picture of the state of the Nation, we need supplementary subject matter, more up-to-date data and trending data that give clues into what’s happening.

Learn more — Join me in the Situation & Outlook Web Sessions
Join me in a Situation & Outlook Web Session where we discuss topics relating to measuring and interpreting the where, what, when, how and how much demographic-economic change is occurring and it’s impact.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for national scope statistical programs and innovative data access and use operations. He is also the former associate director of the U.S. Office of Federal Statistical Policy and Standards for data access and use. He has more than 20 years of experience in the private sector developing data resources and tools for integration and analysis of geographic, demographic, economic and business data. Contact Warren. Join Warren on LinkedIn.