It tracks the economic performance of the nation’s 100 largest metropolitan areas along three dimensions:
growth,
prosperity
inclusion
This is posted as a follow-up to the 18 Jan 2018 Brookings Institution presentation: "The Rise of Mesa's Innovation District" that attracted a full-house at The Ikeda Theater.
See the results for the Phoenix MSA in the following details.. .
The three dimensions represent the pillars of successful economic development which should encourage robust long-run growth (growth) by improving the productivity of individuals and firms in order to raise local standards of living (prosperity) for all people (inclusion). Along each dimension, the Metro Monitor tracks three indicators, measuring the rate of change during the most recent
- one-year
- five-year
- ten-year periods.
Finally, the results of this indicator analysis are compiled into composite scores, providing overall performance rankings of metropolitan areas for each category.
_________________________________________________________________________
Explore data for
The Phoenix metropolitan area
Phoenix's overall rank on Growth: 39th
Phoenix's percent change in:
Jobs: +13.1% (26th of 100)
Gross metropolitan product (GMP): +8.6% (51st of 100)
Jobs at young firms: -0.5% (64th of 100)
Phoenix's overall rank on Prosperity: 82nd
Phoenix's percent change in:
Productivity: -4.0% (89th of 100)
Standard of living: +0.0% (84th of 100)
Average annual wage: +3.3% (68th of 100
Phoenix's overall rank on Inclusion: 61st
Phoenix's percent change in:
Employment rate: +5.6% (28th of 100)
Median wage: -1.9% (70th of 100)
Relative poverty: +0.5% (77th of 100)
_________________________________________________________________________
Metro Monitor 2017 Dashboard
No comments:
Post a Comment