Leading, Slipping, Gaining, Lagging Analysis:
Assessing Accommodation and Food Services Earnings Growth
Across Ohio Counties
Real* Accommodation and Food Services
Earnings Growth
County vs Statewide Average: 2010-2017 and 2017
Real* Accommodation and Food Services
Earnings Growth
Ohio:
2010-2017 = 6.11%
2017 = 4.01%
Borrowing from an approach that sometimes appears in the finance sections of the popular press, LSGL analysis is a handy and versatile way to compare, portray and classify the patterns of real accommodation and food services earnings growth across all of Ohio's 88 counties. In finance, this technique is used for comparing and assessing the market performance of individual securities or across industry sectors. For example, the performance of the 30 stocks contained within Dow are compared with one another over the past week in contrast to their performance over the past month using the Dow's respective averages as the points of reference.
Here in this Ohio Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real accommodation and food services earnings growth of Ohio's 88 counties over the latest available year (2017) against the backdrop of their growth over the long term period (2010-2017). In so doing we classify their growth and performance into 4 broad categories: Leading, Slipping, Gaining and Lagging.
Real* Accommodation and Food Services
Earnings Growth
County vs Statewide Average: 2010-2017 and 2017
Real* Accommodation and Food Services
Earnings Growth
Ohio:
2010-2017 = 6.11%
2017 = 4.01%
This figure displays the 88 counties of Ohio as dots on a scattergram, with the vertical axis representing the average annual real accommodation and food services earnings growth rate over the long-term period (2010-2017), and the horizontal axis representing the real accommodation and food services earnings growth rate for the near-term (2017).
This figure sets apart those counties whose long-term real accommodation and food services earnings growth exceeded the statewide average of 6.11%, by portraying them in the top two quadrants demarcated at 6.11% on the vertical axis. County whose long-term average annual real accommodation and food services earnings growth rate trailed the statewide average (6.11%) are distributed in the bottom two quadrants. In all, 24 counties surpassed the statewide average over 2010-2017, while 52 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 39 counties whose most recent (2017) real accommodation and food services earnings growth rate exceeded the statewide average (4.01%). The two quadrants on the left feature those 37 counties whose real accommodation and food services earnings growth over 2017 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 88 counties corresponding with their long-term (2010-2017) and near-term (2017) performance relative to their respective statewide averages of 6.11% over 2010-2017 and 4.01% over 2017:
Leading counties () (top-right quadrant)...are counties whose average annual real accommodation and food services earnings growth rate surpassed the statewide average both long-term (6.11%) and near-term (4.01%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real accommodation and food services earnings growth rate exceeded the statewide average (6.11%), but whose near-term growth has "slipped" by falling below the Ohio average (4.01%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real accommodation and food services earnings growth rate fell below the statewide average (6.11%), but whose near-term growth has "gained" by registering above the average (4.01%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual real accommodation and food services earnings growth rate fell under the statewide average both long-term (6.11%) and near-term (4.01%).
   
 
Summary of Ohio's 88 County Totals
 
Short Term Average
 
 
Below
(4.01%)
Above
(4.01%)
 
Long
Term
Average
Above
(6.11%)
10
14
24
Below
(6.11%)
27
25
52
 
37
39
76
 
   
Leading Counties
2017 vs. 2010-2017 Averages
Leading Counties
Ohio:
2010-2017 = 6.11%
2017 = 4.01%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Ohio counties classified as Leading. These counties surpassed Ohio's average annual real accommodation and food services earnings growth both long-term (2010-2017 = 6.11%) as well as near-term (2017 = 4.01%). Each is identified by its corresponding ranking based on it's average annual real accommodation and food services earnings growth rate over 2010-2017.
Of Ohio's 88 counties, 14 (16%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2017 vs. 2010-2017 Averages
Slipping Counties
Ohio:
2010-2017 = 6.11%
2017 = 4.01%
This figure depicts the distribution of the 10 Ohio counties classified as Slipping (top-left quadrant), in that their long-term average annual real accommodation and food services earnings growth rate outpaced the average statewide (2010-2017 = 6.11%), while they trailed the statewide average near-term (2017 = 4.01%). Again, each county is identified by it's corresponding ranking based on its average annual real accommodation and food services earnings growth rate over 2010-2017.
Only 10 (11%) of Ohio's 88 counties are classified as Slipping (). Those counties ranked by their long-term average include:
Gaining Counties
2017 vs. 2010-2017 Averages
Gaining Counties
Ohio:
2010-2017 = 6.11%
2017 = 4.01%
This figure shows the distribution of the 25 Ohio counties classified as Gaining (bottom-right quadrant), in that their long-term average annual real accommodation and food services earnings growth rate posted below the average statewide (2010-2017 = 6.11%), while they outpaced Ohio's average near-term (2017 = 4.01%). Again, each county is identified by its corresponding ranking based on its average annual real accommodation and food services earnings growth rate over 2010-2017.
Of Ohio's 88 counties, 28% (25) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2017 vs. 2010-2017 Averages
Lagging Counties
Ohio:
2010-2017 = 6.11%
2017 = 4.01%
This figure depicts the distributions of the 27 Ohio counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real accommodation and food services earnings growth both long-term (2010-2017 = 6.11%) as well as near-term (2017 = 4.01%). Again, each county is identified by its corresponding ranking based on it's average annual real accommodation and food services earnings growth rate over 2010-2017.
31% of Ohio's counties, 27 of 88, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Ohio
Real* Accommodation and Food Services Earnings Growth
County vs. Statewide Average
 
2010-2017
 
2017
 
 
Leading Counties
 
3
9.32
 
23
6.42
32,385
 
23
6.28
 
25
6.28
335,567
 
16
7.24
 
19
6.79
1,683,062
 
8
8.48
 
13
10.35
146,041
 
22
6.29
 
26
6.18
57,171
 
18
6.60
 
28
5.35
1,247,832
 
20
6.51
 
34
4.74
90,542
 
15
7.58
 
21
6.69
12,319
 
14
7.63
 
15
9.27
28,113
 
7
8.64
 
3
12.96
39,263
 
5
8.83
 
12
10.61
27,892
 
11
8.01
 
6
12.04
56,808
 
12
7.67
 
7
11.84
77,545
 
9
8.33
 
40
4.25
35,671
Slipping Counties
 
21
6.31
 
49
3.00
109,285
 
2
9.51
 
61
1.00
66,768
 
10
8.25
 
59
1.58
10,832
 
4
9.29
 
65
0.66
312,035
 
19
6.56
 
47
3.05
157,027
 
24
6.27
 
58
1.66
1,797,145
 
6
8.78
 
73
-1.07
31,078
 
1
12.43
 
56
2.25
270,149
 
17
7.13
 
76
-2.97
34,608
 
13
7.67
 
57
2.12
151,069
Gaining Counties
 
26
5.83
 
9
11.38
32,927
 
53
4.99
 
36
4.59
58,737
 
48
5.09
 
30
5.25
16,749
 
34
5.71
 
24
6.38
164,300
 
61
4.06
 
2
14.60
26,601
 
57
4.69
 
22
6.44
49,750
 
32
5.73
 
17
8.17
15,219
 
68
3.22
 
8
11.49
20,541
 
42
5.23
 
38
4.44
22,262
 
69
3.12
 
14
9.27
25,467
 
38
5.57
 
20
6.77
27,347
 
28
5.79
 
16
8.36
192,523
 
33
5.73
 
5
12.29
21,837
 
46
5.18
 
32
4.79
214,211
 
51
5.00
 
37
4.49
442,421
 
29
5.78
 
39
4.33
42,651
 
39
5.38
 
10
11.22
23,181
 
55
4.93
 
41
4.05
83,530
 
49
5.07
 
11
10.87
75,089
 
25
6.00
 
31
4.87
119,981
 
66
3.48
 
35
4.62
94,887
 
64
3.73
 
1
16.13
40,953
 
63
3.80
 
33
4.79
52,046
 
31
5.75
 
4
12.50
12,638
 
35
5.64
 
29
5.28
66,174
Lagging Counties
 
74
0.99
 
78
-4.20
10,549
 
58
4.65
 
44
3.59
58,831
 
75
-1.11
 
75
-2.41
11,409
 
67
3.35
 
50
2.92
98,219
 
45
5.21
 
82
-20.45
20,783
 
71
2.65
 
68
-0.05
19,421
 
44
5.21
 
80
-7.08
35,729
 
76
-1.27
 
81
-17.42
13,486
 
62
3.97
 
77
-2.98
3,543
 
54
4.98
 
46
3.18
30,915
 
60
4.14
 
74
-1.86
36,018
 
50
5.05
 
43
3.65
34,339
 
72
2.45
 
60
1.16
22,957
 
65
3.56
 
53
2.68
108,941
 
36
5.61
 
48
3.03
191,682
 
47
5.12
 
62
0.89
213,934
 
41
5.34
 
52
2.78
119,826
 
56
4.79
 
45
3.28
539,624
 
59
4.34
 
79
-4.59
6,522
 
37
5.60
 
72
-0.91
12,797
 
73
2.31
 
54
2.55
23,896
 
30
5.77
 
42
3.99
355,021
 
52
4.99
 
67
0.31
503,516
 
43
5.22
 
64
0.80
69,660
 
40
5.36
 
55
2.36
212,035
 
27
5.80
 
69
-0.11
50,532
 
70
2.93
 
63
0.89
8,865
Undefined/Suppressed Counties
 
U
U
 
71
-0.80
19,195
 
U
U
 
27
5.94
30,563
 
U
U
 
70
-0.51
7,763
 
U
U
 
66
0.62
3,874
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
51
2.78
7,508
 
U
U
 
S
S
S
 
U
U
 
18
6.89
20,836
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
 
 
 
 
 
 
 
 
6.11
 
4.01
11,700,116
 
 
 
 
 
 
 
 
 
6.07
 
4.84
407,401,000
November 2018
REAP_PI_CA1600N_611800_LSGL
 
   
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