Leading, Slipping, Gaining, Lagging Analysis:
Assessing Local Government Earnings Growth
Across Indiana Counties
Real* Local Government
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Local Government
Earnings Growth
Indiana:
2010-2022 = 1.73%
2022 = 3.84%
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 local government earnings growth across all of Indiana's 92 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 Indiana Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real local government earnings growth of Indiana's 92 counties over the latest available year (2022) against the backdrop of their growth over the long term period (2010-2022). In so doing we classify their growth and performance into 4 broad categories: Leading, Slipping, Gaining and Lagging.
Real* Local Government
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Local Government
Earnings Growth
Indiana:
2010-2022 = 1.73%
2022 = 3.84%
This figure displays the 92 counties of Indiana as dots on a scattergram, with the vertical axis representing the average annual real local government earnings growth rate over the long-term period (2010-2022), and the horizontal axis representing the real local government earnings growth rate for the near-term (2022).
This figure sets apart those counties whose long-term real local government earnings growth exceeded the statewide average of 1.73%, by portraying them in the top two quadrants demarcated at 1.73% on the vertical axis. County whose long-term average annual real local government earnings growth rate trailed the statewide average (1.73%) are distributed in the bottom two quadrants. In all, 33 counties surpassed the statewide average over 2010-2022, while 52 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 33 counties whose most recent (2022) real local government earnings growth rate exceeded the statewide average (3.84%). The two quadrants on the left feature those 52 counties whose real local government earnings growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 92 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 1.73% over 2010-2022 and 3.84% over 2022:
Leading counties () (top-right quadrant)...are counties whose average annual real local government earnings growth rate surpassed the statewide average both long-term (1.73%) and near-term (3.84%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real local government earnings growth rate exceeded the statewide average (1.73%), but whose near-term growth has "slipped" by falling below the Indiana average (3.84%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real local government earnings growth rate fell below the statewide average (1.73%), but whose near-term growth has "gained" by registering above the average (3.84%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual real local government earnings growth rate fell under the statewide average both long-term (1.73%) and near-term (3.84%).
   
 
Summary of Indiana's 92 County Totals
 
Short Term Average
 
 
Below
(3.84%)
Above
(3.84%)
 
Long
Term
Average
Above
(1.73%)
13
20
33
Below
(1.73%)
39
13
52
 
52
33
85
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Indiana:
2010-2022 = 1.73%
2022 = 3.84%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Indiana counties classified as Leading. These counties surpassed Indiana's average annual real local government earnings growth both long-term (2010-2022 = 1.73%) as well as near-term (2022 = 3.84%). Each is identified by its corresponding ranking based on it's average annual real local government earnings growth rate over 2010-2022.
Of Indiana's 92 counties, 20 (22%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Indiana:
2010-2022 = 1.73%
2022 = 3.84%
This figure depicts the distribution of the 13 Indiana counties classified as Slipping (top-left quadrant), in that their long-term average annual real local government earnings growth rate outpaced the average statewide (2010-2022 = 1.73%), while they trailed the statewide average near-term (2022 = 3.84%). Again, each county is identified by it's corresponding ranking based on its average annual real local government earnings growth rate over 2010-2022.
Only 13 (14%) of Indiana's 92 counties are classified as Slipping (). Those counties ranked by their long-term average include:
Gaining Counties
2022 vs. 2010-2022 Averages
Gaining Counties
white dot
Indiana:
2010-2022 = 1.73%
2022 = 3.84%
This figure shows the distribution of the 13 Indiana counties classified as Gaining (bottom-right quadrant), in that their long-term average annual real local government earnings growth rate posted below the average statewide (2010-2022 = 1.73%), while they outpaced Indiana's average near-term (2022 = 3.84%). Again, each county is identified by its corresponding ranking based on its average annual real local government earnings growth rate over 2010-2022.
Of Indiana's 92 counties, only 14% (13) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2022 vs. 2010-2022 Averages
Lagging Counties
white dot
Indiana:
2010-2022 = 1.73%
2022 = 3.84%
This figure depicts the distributions of the 39 Indiana counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real local government earnings growth both long-term (2010-2022 = 1.73%) as well as near-term (2022 = 3.84%). Again, each county is identified by its corresponding ranking based on it's average annual real local government earnings growth rate over 2010-2022.
42% of Indiana's counties, 39 of 92, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Indiana
Real* Local Government Earnings Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
4
4.04
 
31
3.91
125,810
 
26
1.99
 
32
3.90
865,538
 
19
2.46
 
8
6.88
318,232
 
1
4.86
 
13
6.16
277,077
 
27
1.98
 
15
5.99
35,375
 
24
2.07
 
10
6.48
153,787
 
32
1.81
 
22
5.27
85,837
 
20
2.37
 
18
5.64
105,086
 
18
2.47
 
19
5.59
66,057
 
5
3.99
 
33
3.88
977,013
 
7
3.48
 
12
6.24
264,950
 
17
2.57
 
5
7.37
112,072
 
2
4.72
 
4
7.72
619,903
 
15
2.63
 
17
5.93
182,554
 
9
3.24
 
9
6.63
429,355
 
25
2.04
 
21
5.52
368,299
 
6
3.55
 
3
7.95
173,144
 
11
3.08
 
24
4.80
66,874
 
21
2.21
 
23
4.98
18,263
 
10
3.17
 
6
7.14
119,181
Slipping Counties
 
8
3.45
 
66
1.58
102,899
 
28
1.98
 
75
0.74
110,035
 
23
2.08
 
46
3.04
108,350
 
31
1.83
 
52
2.66
494,258
 
13
2.65
 
82
-1.01
74,098
 
14
2.63
 
80
-0.30
99,363
 
3
4.06
 
48
2.88
200,772
 
22
2.17
 
74
0.94
171,822
 
30
1.96
 
36
3.68
2,789,621
 
29
1.97
 
62
1.76
60,681
 
16
2.60
 
71
1.04
55,152
 
12
2.80
 
78
-0.03
57,624
 
33
1.74
 
49
2.84
74,758
Gaining Counties
 
63
0.85
 
25
4.44
61,244
 
34
1.68
 
29
3.99
153,524
 
69
0.57
 
26
4.09
1,109,737
 
51
1.19
 
7
6.90
272,946
 
65
0.80
 
14
6.06
104,567
 
40
1.51
 
2
8.40
20,979
 
73
0.25
 
30
3.92
29,126
 
67
0.69
 
11
6.26
38,355
 
50
1.23
 
28
4.04
54,007
 
37
1.59
 
27
4.08
99,515
 
56
1.05
 
1
9.96
54,078
 
70
0.51
 
20
5.57
56,611
 
35
1.67
 
16
5.94
387,466
Lagging Counties
 
46
1.32
 
56
2.15
26,548
 
61
0.91
 
83
-1.25
26,197
 
81
-0.95
 
67
1.48
227,358
 
47
1.29
 
64
1.63
52,398
 
83
-1.76
 
44
3.24
102,736
 
74
0.08
 
42
3.40
48,649
 
76
-0.38
 
41
3.45
158,582
 
42
1.44
 
35
3.70
36,611
 
44
1.41
 
70
1.06
42,491
 
60
0.93
 
73
1.01
139,048
 
85
-2.23
 
69
1.24
185,288
 
66
0.70
 
63
1.72
69,330
 
78
-0.67
 
38
3.58
67,411
 
82
-1.17
 
57
2.08
41,430
 
48
1.27
 
58
1.97
56,593
 
54
1.14
 
43
3.40
64,494
 
53
1.14
 
40
3.46
247,591
 
84
-1.76
 
84
-2.11
77,377
 
59
0.96
 
61
1.78
70,031
 
39
1.55
 
34
3.75
91,720
 
71
0.35
 
50
2.79
134,195
 
57
1.05
 
79
-0.22
89,157
 
62
0.86
 
76
0.74
30,971
 
72
0.28
 
85
-2.33
27,708
 
38
1.57
 
65
1.61
26,938
 
64
0.83
 
54
2.64
57,450
 
43
1.42
 
68
1.43
606,887
 
52
1.16
 
47
3.00
40,762
 
49
1.24
 
39
3.48
41,214
 
41
1.46
 
59
1.89
66,156
 
45
1.38
 
77
0.19
20,115
 
80
-0.73
 
51
2.69
35,080
 
36
1.65
 
72
1.01
31,139
 
55
1.11
 
81
-0.98
215,200
 
77
-0.60
 
55
2.23
69,733
 
79
-0.70
 
60
1.87
55,702
 
68
0.65
 
53
2.66
146,331
 
58
0.98
 
37
3.63
62,694
 
75
-0.23
 
45
3.07
64,035
Undefined/Suppressed Counties
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
210,096
 
U
U
 
S
S
273,225
 
U
U
 
S
S
S
 
U
U
 
S
S
354,735
 
U
U
 
S
S
S
 
 
 
 
 
 
 
 
 
1.73
 
3.84
16,767,447
 
 
 
 
 
 
 
 
 
2.47
 
2.84
1,199,218,000
November 2023
REAP_PI_CA1600N_620320_LSGL
 
   
Analysis Options Menu
Select Year Interval
to
Select Alternative Industry
Highlight a Region (Optional)
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

Please stay tuned...
while your request is processing:

Please wait while your request is being processed...
To offer the most comprehensive set of interactive options in support of your research, IN-REAP calculates and crunches most of the data and generates the narrative and graphic analysis on demand in response to your request.
Your request will soon be available.
Just a few more seconds....Your request has been generated and is now loading the results.