Timothy F. SlaperIndiana Business Research CenterKelley School of Business

Indiana University52nd Annual Conference, Oklahoma City, OK

June, 2012

Serving Up Data: Integrated Economic and Demographic Profiles at Your Fingertips

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STATSAmericaThe Regional Data Toolkit

• Economic and Demographic Data• Regional Profiles• Custom Region Builder•Measuring Innovation– Innovation Index

•Measuring Distress

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Data tools have much in common

• Powered by the IBRC database with 1 billion plus records (and growing)

• Easy-to-use• Free!• Build you own region capability• Graphing and mapping• No service charge!• Nationwide comparisons• Accurate and timely• At a price you can afford!

Why STATSAmerica?

• Develop data-driven regional development strategies

• Identify unique competitive advantages– Identify economic assets

• What are the economic and demographic trends?– Need data to track industry, employment and

workforce changes• What does the region specialize in?– Socio-economic benchmarking, location quotients

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Why STATSAmerica?

• Define and compare against the region’s peers– Economy, population, resources, transportation linkages,

education, natural amenities

• What can be learned from peer leaders/laggards?• What are the region’s existing and emerging

clusters?

• EDA funded the development of the website under the project “Crossing the Next Regional Frontier”

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USING STATSAMERICABenchmarking and Peer Analysis: Counties in Profile

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Click on the link for the county overview

Click on the rank to get data for all counties

You’ll have to use the “edit-select all” and “copy” commands to move data into a spreadsheet.

Find your peers based on socio-economic characteristics

Find By Value

Find your peers based on socio-economic characteristics

Find By Value

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Find By Value—Results

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Click on a county to get that county’s profile, e.g., Chaves County, NM

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Region Profile by Radius

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COMPARING PROFILESBenchmarking and Peer Analysis: County-Metro Side-by-Side

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Compare up to four areas across the nation side-by-side

You’ll have to use the “edit-select all” and “copy” commands to move data into a spreadsheet.

Four Counties Side-by-Side

Four Counties Side-by-Side

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You’ll have to use the “edit-select all” and “copy” commands to move data into a spreadsheet.

STATE PROFILESBenchmarking and Peer Analysis: States in Profile

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Complete State Profile

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Click on the rank to get data for all counties

Data for all states conveniently packaged in one Excel file

MEASURING INNOVATIONBenchmarking and Peer Analysis: Innovation Index

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Select counties either by the state/county menu or the map selection

Predefined Regions Too!

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MS Three Rivers Planning and Development Commission

Click on graphic to drill down into the sub-components and data

Four sub-indexes plus state context

Each measure is also graphed

Establishment churn and establishment sizes are two measures

within economic dynamics

Drill down to the data by county

MEASURING DISTRESSDistress indicators for federal grants—EDA application criterion

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Measuring Distress

• Distress indicators for federal grants ― EDA guidelines for distress

• Nationwide ― counties, districts, tracts

• Region builder

• Calculates thresholds automatically

• Current, accurate source data

Select County or Census Tract

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LAUS bulk download files for counties are also available.

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Measuring Distress—Custom Region

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Regional Summary

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County Details

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Census Tracts

Easy to selectusing map or drop downs

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Neighborhood and Tract Details

LAUS bulk download files for counties are also available.

Look for link at bottom of page.

Questions?

For more information, contact:Timothy Slaper orCarol Rogers

Indiana Business Research CenterKelley School of BusinessIndiana University

tslaper@indiana.edurogersc@iupui.edu