Category Archives: economic indicator

TractWatch — Examining Small Area Change

Understanding the demographic-economic landscape for small area geography and how it is changing is vital for many stakeholders. Businesses and other organizations need to know how their market/service areas are changing … getting answers to questions like knowing about recent trends, where we are now and the how/where/how much things might change in the future.

Examining Tract Change
The following view shows census tracts (black boundary) located in the northeast Houston, TX area. Tracts are labeled with 2017 population estimates and percent population change from 2010 to 2017. Tract geography and characteristics are shown in context of three cities/places — Houston (orange cross-hatch), Humble (blue) and Atascocita CDP (green). It is easy to see what census tracts intersect with what cities and where. The pointer/hand is located in census tract 48-201-240902, partly intersecting with Humble city. The tract 2017 population of 12,984 reflects an increase of 10.4% since 2010. The dark brown bold boundary at the top of this tract is the Harris County, TX boundary.

.. view developed with ProximityOne CV XE GIS and related GIS project.
.. create views like this for any area in the U.S.; add your own data.

TractWatch tells us which tracts in a region of interest changed during the past year based on quarterly observable data with only a one quarter lag.

Census Tracts & TractWatch
TractWatch is a new tool/service focused on examining recent demographic-business change for each census tract. These approximate 74,000 geographic areas cover the U.S. wall-to-wall and averaged 4,000 population as of Census 2010. Tracts have a generally stable geography between decennial censuses and are coterminous with county boundaries. Tracts cover the U.S. with more than a 2-to-1 ratio compared to ZIP code areas (see tract-ZIP relationship table).

Integrated with Situation & Outlook
TractWatch insights are developed through the use of the ProximityOne Situation & Outlook (S&O) database and information system — a part of S&O demographic-economic estimates and projections developed and updated annually. The 2017 vintage tract estimates and projections (annual data) cover the period 2010 through 2022 (5-year projection).

TractWatch – Monitoring Change
As a part of the S&O annual estimates and projections development, a range of measures are updated quarterly at the census tract level. Quarterly data are developed that include population, housing units, vacant units, households and business establishments.

There is only a one-quarter lag in the availability of observable census tract data. For example, observable 2017Q1 data can be added to the S&O database in July 2017. Data are analyzed and converted into a TractWatch national dataset.

Situation & Outlook Reports
The Situation & Outlook Reports (S&O Reports) are updated weekly, for the U.S. and each county, metro and state. TractWatch is a part of the “Recent Change and Outlook” S&O Report section and updated quarterly. See schedule of updates the shows when TractWatch is updated.

The S&O Reports (metro and county) Recent Change and Outlook section includes a list of census tracts which have shown significant change over the past year for that geography. A table of typically 10-to-25 key tracts are listed in a table with selected demographic-business change attributes.

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for 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.

Analyzing Block Group Demographics

.. tools & data to analyze sub-census tract households, education, income, housing, more … Block Groups, subdivisions of census tracts, are the smallest geographic areas for which “richer demographics” are developed by the Census Bureau. Block group demographic-economic estimates, based on Census 2010 geography, are annually updated beginning with American Community Survey (ACS) 2010. The latest ACS estimates for these 217,740 areas covering U.S. wall-to-wall are from ACS 2015. The ACS 2016 update will be released in December 2017.  See the related Web section for more detail about accessing and using block group geography and demographic-economic data.

Patterns of Economic Prosperity by Block Group
The following graphic shows patterns of median household income by block group in the Houston, TX area. Markers show block groups with 10 or more housing units having value of $2 million or more. Markers are labeled with the number of housing units having value of $2 million or more in that block group. Click graphic for larger view, more detail and legend color/data intervals. This map illustrates the geographic level of detail available using block group demographics and the relative ease to gain insights using geospatial data analytics tools.

– View developed using CV XE GIS and related GIS project.

Block Group Demographic-Economic Data & Shapefiles
… selection of key demographic-economic attributes; annual update
… subject matter categories include:
  • Total population>
  • Population by gender iterated by age
  • Population by race/origin
  • Households by type of household
  • Educational attainment by detailed category
  • Household Income by detailed category
  • Housing units by owner/renter occupancy
  • Housing units by units in structure
  • Housing units by detailed value intervals

See the related Web section for a detailed list of items.

Use these Data on Your Computer
Use the above U.S. national scope dataset with your own software or in ready-to-use GIS projects with the CV XE GIS software.

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for 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.

Monthly Local Area Employment Situation: 2017

.. tools & data to examine the local area employment situation .. this update on the monthly and over-the-year (Jan 2016-Jan 2017) change in the local area employment situation shows general improvement. Yet many areas continue to face challenges due to both oil prices, the energy situation and other factors.  This section provides access to interactive data and GIS/mapping tools that enable viewing and analysis of the monthly labor market characteristics and trends by county and metro for the U.S. See the related Web section for more detail. The civilian labor force, employment, unemployment and unemployment rate are estimated monthly with only a two month lag between the reference date and the data access date (e.g., March 2017 data are available in May 2017).

Use our new tools to develop your own LAES U.S. by county time series datasets. Link your data with LAES data. Run the application monthly extending/updating your datasets. Optionally use our 6-month ahead employment situation projection feature. See details

Unemployment Rate by County – January 2017
The following graphic shows the unemployment rate for each county.

— view created using CV XE GIS and associated LAES GIS Project
— click graphic for larger showing legend details.

New with this post are the monthly 2016 monthly data on the labor force, employment, unemployment and unemployment rate. Use the interactive table to view/analyze these data; compare annual over the year change, January 2016 to January 2017.

View Labor Market Characteristics section in the Metropolitan Area Situation & Outlook Reports, providing the same scope of data as in the table below integrated with other data. See example for the Dallas, TX MSA.

The LAES data and this section are updated monthly. The LAES data, and their their extension, are part of the ProximityOne Situation & Outlook database and information system. ProximityOne extends the LAES data in several ways including monthly update projections of the employment situation.

Interactive Analysis
The following graphic shows an illustrative view of the interactive LAES table. In January 2017, 149 counties experienced an unemployment rate of 10% or more. The graphic shows counties experienced highest unemployment rates. Use the table to examine characteristics of counties and metros in regions of interest. Click graphic for larger view.

Metro by County; Integrating Total Population
The following graphic shows an illustrative view of the interactive LAES table focused on the Chicago MSA. By using the query tools, view characteristics of metro component counties for any metro. This view shows Chicago metro counties ranked on January 2017 unemployment rate (only 10 of the 14 metro counties shown in this view). Click graphic for larger view.

The above view shows the total population (latest official estimates) as well as employment characteristics.

More About Population Patterns & Trends
U.S. by county population interactive tables & datasets:
  • Population & Components of Change 2010-2016 – new March 2017.
  • Population Projections to 2060 2010-2060 – updated March 2017.

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for 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.

America’s Cities: Demographic-Economic Characteristics Annual Update

.. tools and data to interactively examine demographic-economic characteristics of America’s 29,321 cities/places .. understanding demographic-economic characteristics of cities and places is essential for business development, market analysis, planning, economic development, program management and general awareness of patterns and trends. This section provides access to data and tools to examine characteristics of all cities/places in the U.S. This annual update includes data for 29,321 cities/places based on ACS 2015 data.

Accessing the Data; Using Interactive Tables
Each of the four links below opens a new page providing access to U.S. by city/place interactive tables — by type of subject matter. Use tools and usage notes below table to select operations to perform queries, sort and select columns.
General Demographics
Social Characteristics
Economic Characteristics
Housing Characteristics

How the the Tables/Data Can be Used
The following table shows data derived from the Economic Characteristics table. The top 10 cities/places having the highest median household income ($MHI) are shown. The table also shows population, median family income ($MFI) and per capita income ($PCI). The $250,000 value is a cap; the actual value is $250,000 or higher. Use the interactive tables to create similar views for states of interest. Use the button below the table to select/view cities within a selected metro. Compare attributes of cities of interest to a peer group based on population size.

Visual Analysis of City/Place Population Patterns
Use GIS resources to visually examine city/place demographic-economic patterns. The following view shows patterns of population percent change by city in the Charlotte, NC-SC metro area.

… view developed using the CV XE GIS software.
… click map for larger view and details.

Related Data
Cities/Places Main Section
Citie Population Estimates & Trends, 2010-15

More About Using These Data
Using ACS 1-year and 5-year data

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for 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.

Metropolitan Area Gross Domestic Product: Trends & Updates

… data and analytical tools to examine Metro GDP patterns and trends.  As a policy-maker, investor, business, advisor or stakeholder, it is important to know how and where the metro economy is changing … and how one or selected metros relate to the U.S. and other metros. Is metro X changing in a different direction than metro Y? By how much, why and is there a pattern? What does the healthcare sector, for example, contribute to a metro’s gross domestic product (GDP)? How does it compare to peer metros? How is the healthcare industry trending? Metro GDP data can provide insights and answers to these important questions. Developing insights using metro GDP data — an example. See related Web section for more detail.

Change in Per Capita Real GDP by Metro, 2010-2015
The following graphic shows patterns of change in per capita real GDP by metro from 2010 to 2015. The orange and red fill patterns show metros experiencing a decrease in per capita real GDP over the period. Click graphic for larger view that shows the 2015 rank of the metro among all 382 MSAs based on 2015 per capita real GDP.

— view created using CV XE GIS and associated MetroGDP GIS Project

282 metropolitan statistical areas, of the total 382, experienced an increase in real Gross Domestic Product (GDP) between 2010 and 2015. Growth was led by growth in professional and business services; wholesale and retail trade; and finance, insurance, real estate, rental and leasing, Collectively, real GDP for U. S. metropolitan areas increased 2.5 percent in 2015 after increasing 2.3 percent in 2014. Use the interactive table and GIS project/datasets described in this section to view/analyze patterns and characteristics in metros of interest.

Illustrative GDP by Sector Trend Profiles
Real GDP by sector profiles are available for the U.S. and each state and MSA. The Metro GDP data are part of the State & Regional Income & Product Accounts (SRIPA). The following profiles illustrate these data for metros, states and the U.S.

Atlanta, GA MSA
Charlotte, NC-SC MSA
Chicago, IL MSA
Columbia, MO MSA
Houston, TX MSA
Phoenix, AZ MSA
United States
Missouri
Texas

Metro Situation & Outlook Reports
View Metro GDP Characteristics section in the Metropolitan Area Situation & Outlook Reports, providing the same scope of data as in the table below integrated with other data. See example for the Dallas, TX MSA. GDP tells an important but small part of the broader metro demographic-economic characteristics. Most metros have sub-county areas experiencing growth or activity sometimes masked when looking at the entire metro. Click a metro (metro GDP estimated for MSAs only) link in the table at upper right to view the GDP estimate in context of related subject matter.

Interactive Analysis
The following graphic shows an illustrative view of the interactive MetroGDP table. This view shows California MSAs ranked in descending order on percent change in per capita real GDP from 2010 to 2015 (ranked on far right column). Use the table to examine characteristics of metros in regions of interest. Click graphic for larger view.

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for 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.

Monthly Local Area Employment Situation; 2015-2016

.. this update on the monthly and over-the-year (August 2015-August 2016) change in the local area employment situation shows general improvement. Yet many areas continue to face challenges due to both oil prices, the energy situation and other factors.  This section provides access to interactive data and GIS/mapping tools that enable viewing and analysis of the monthly labor market characteristics and trends by county and metro for the U.S. See the related Web section for more detail. The civilian labor force, employment, unemployment and unemployment rate are estimated monthly with only a two month lag between the reference date and the data access date (e.g., August 2016 data are available in October 2016).

Unemployment Rate by County – August 2016
The following graphic shows the unemployment rate for each county.

— view created using CV XE GIS and associated LAES GIS Project
— click graphic for larger showing legend details.

As shown in the illustrative interactive table view below, seven of the ten MSAs having the highest August 2016 unemployment rate were in California. Use the table to examine characteristics of counties and metros in regions of interest. As apparent from the monthly patterns shown in the table, some areas are impacted by season factors, but others are not.

View Labor Market Characteristics section in the Metropolitan Area Situation & Outlook Reports, providing the same scope of data as in the table below integrated with other data. See example for the Dallas, TX MSA.

The LAES data and this section are updated monthly. The LAES data, and their their extension, are part of the ProximityOne Situation & Outlook database and information system. ProximityOne extends the LAES data in several ways including monthly update projections of the employment situation one year ahead.

Interactive Analysis
The following graphic shows an illustrative view of the interactive LAES table. Seven of the ten MSAs having the highest August 2016 unemployment rate were in California (ranked on far right column in descending order). Use the table to examine characteristics of counties and metros in regions of interest. Click graphic for larger view.

Join me in a Data Analytics Lab session to discuss more details about accessing and using wide-ranging demographic-economic data and data analytics. Learn more about using these data for areas and applications of interest.

About the Author
— Warren Glimpse is former senior Census Bureau statistician responsible for 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.