Tag Archives: Regional Economic Information System

Regional Economic Information System: Annual Updates

.. which counties are experiencing the fastest economic growth? by what economic component? what does this look like on a per capita level?

.. access & analyze economic characteristics and patterns by county and state .. annual time series 1969 through 2015 with projections.  Personal income is the income available to persons for consumption expenditures, taxes, interest payments, transfer payments to governments and the rest of the world, or for saving. Use the interactive table to examine characteristics of counties and regions of interest. The table provides access to 31 personal income related summary measures. These data are a selection of a broader set of annual time series data from the Regional Economic Information System (REIS). REIS is a part of the ProximityOne State & Regional Income & Product Accounts (SRIPA) and Situation & Outlook (S&O) featuring current (2016) estimates and demographic-economic projections. Go to table.

Visual Analysis of Per Capita Personal Income Patterns
The following map shows the Houston metro (view profile) with bold brown boundary. Counties are labeled with county name and 2014 per capita personal income.

Click graphic for larger view. View developed with CV XE GIS software.

Per Capita Personal Income Change 2008-2014 by County
.. relative to U.S 2008-2014 change

Click graphic for larger view. View developed with CV XE GIS software.

Interactive Analysis – County or State Profiles
The following graphic illustrate use of the interactive table to view an economic profile for Harris County, TX. Use the table to examine characteristics of any county or state. Click graphic for larger view.

Interactive Analysis
– comparing per capita personal income across counties
The next graphics illustrates use of the interactive table to rank/compare per capita personal income across counties. Rank/compare states. Choose any of the economic profile items. 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.

Regional Economic Information System; 2015 Annual Update

.. examining patterns of economic well-being among counties and regions … per capita personal income (PCPI) is the most comprehensive measure of individual economic well-being. PCPI estimates are developed/updated annually for counties, metros, states and the U.S. PCPI estimates, available as an annual time series 1969 through 2014, are developed as a part of the Regional Economic Information System (REIS). This section provides information on accessing and using the REIS data. See related Web section for more detail and data access tools.

Visual Analysis of Per Capita Personal Income Patterns
The following map shows the Houston metro (view profile) with bold brown boundary. Counties are labeled with county name and 2014 per capita personal income.

Click graphic for larger view. View developed with CV XE GIS software.

• See similar view of the San Francisco Metro/Area by County
• See this section to learn about making custom metro maps.

Important Features of the REIS Data
A distinguishing characteristic of the REIS data is that they are a set of multi-sourced data organized and used to estimate personal income. Personal income, unlike money income, is income received by all persons from all sources. A second characteristic is, unlike the American Community Survey (ACS), the REIS data are not based on a sample survey but rather employer-based data and other administrative data. Third, the lengthy annual time series lends itself to use in modeling and trend analysis based on a set of consistently defined subject matter.

Accessing & Using REIS Data
Resources to analyze regional economic patterns and characteristics:
1. Use the interactive table to examine characteristics of counties, metros and states. View/rank/compare per capita personal income over time.
2. Use the metro demographic-economic profiles. Examine REIS-based personal income components in context with other subject matter. Select/view any metro via interactive table.
3. Use the REIS datasets made available as a part of the ProximityOne Data Services Program (PDS).
4. Create thematic pattern maps & perform geospatial analysis of REIS data in ready-to-use GIS projects.
5. Use ProximityOne modeling tools to forecast personal income components; assess impact of change on your interests.

More About Using GIS Resources & Pattern Analysis
The following graphics illustrate use of the REIS GIS Project (details in Web section). These views show the change in per capita personal income during the period 2008 to 2014. The underlying datasets provide annual data in most cases from 1969 through 2014. Analyze patterns for only one/any selected/ year, change or percent change over time (an average of years or selected point in time). Zoom into regions of interest, set alternative pattern views, flexibly use labels, add data from other sources.

Per Capita Personal Income Change 2008-2014 by State

Click graphic for larger view. View developed with CV XE GIS software.

Per Capita Personal Income Change 2008-2014 by Metro

Click graphic for larger view. View developed with CV XE GIS software.
See this section to learn about making custom metro maps.

Per Capita Personal Income Change 2008-2014 by County

Click graphic for larger view. View developed with CV XE GIS software.

Per Capita Personal Income: County, Metro, State Interactive Table
  — top-ranked counties based on 2014 PCPI
Use of the interactive table is illustrated in the graphic below. The GeoType feature is used to select only counties. The table is then sorted in descending order on 2014 $PCPI.

Use the main Web section interactive table to examine areas of interest. Join me in a Data Analytics Lab session to discuss use of these data using analytical tools and methods applied to your situation.

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.

Navigating the Federal Statistical System: Important County Level Data Updates

.. several important U.S. by county demographic-economic data resources become available in the November-December time period .. review how these data mesh with your needs and mark your calendar.

There are many reasons that national scope county-level data are important. The county geographic level is the most widely used statistical data summary level. While many analyze ZIP code data, there is a narrow range of ZIP code summary data available compared to county level data. Counties offer a good geographic drill-down; data can be analyzed for sub-metro and sub-state areas. County geography changes very little over time; counties offer more geographic stability for long-term analysis than metros (above them) or census tracts (below them).

Regional Economic Information System
Personal Income by Major Source
… most comprehensive measure of per capita economic well-being
Annual update; annual time-series
Bureau of Economic Analysis; November 19, 2015
More information .. set data release date reminder.

American Community Survey 2014 5-year Data
Demographic-Economic Estimates
… broadest range of demographic-economic data
    for county and subcounty geography
Annual update
Census Bureau; December 3, 2015
More information .. set data release date reminder.

Establishments, Employment & Wages by detailed type of industry
… establishments summary data by most detailed type of business
… quarterly
… six month lag from data reference to data access
Quarterly update; 2015Q2; extends time series
Bureau of Labor Statistics; December 17, 2015
More information … updated today with 2015Q1 interactive table.
Set data release date reminder.

There are other important metro and small area Federal statistical resources becoming available in this period. See related section Navigating the Federal Statistical System for a more in-depth resource.

Data Analytics Lab Session
Join me in a Data Analytics Lab session. There is no fee. Discuss how tools and methods reviewed in this section can be applied to your situation.

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.