Leading, Slipping, Gaining, Lagging Analysis:
Assessing Professional, Scientific, and Technical Services Earnings Growth
Across Florida Counties
Real* Professional, Scientific, and Technical Services
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Professional, Scientific, and Technical Services
Earnings Growth
Florida:
2010-2022 = 7.26%
2022 = 14.28%
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 professional, scientific, and technical services earnings growth across all of Florida's 67 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 Florida Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real professional, scientific, and technical services earnings growth of Florida's 67 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* Professional, Scientific, and Technical Services
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Professional, Scientific, and Technical Services
Earnings Growth
Florida:
2010-2022 = 7.26%
2022 = 14.28%
This figure displays the 67 counties of Florida as dots on a scattergram, with the vertical axis representing the average annual real professional, scientific, and technical services earnings growth rate over the long-term period (2010-2022), and the horizontal axis representing the real professional, scientific, and technical services earnings growth rate for the near-term (2022).
This figure sets apart those counties whose long-term real professional, scientific, and technical services earnings growth exceeded the statewide average of 7.26%, by portraying them in the top two quadrants demarcated at 7.26% on the vertical axis. County whose long-term average annual real professional, scientific, and technical services earnings growth rate trailed the statewide average (7.26%) are distributed in the bottom two quadrants. In all, 22 counties surpassed the statewide average over 2010-2022, while 20 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 25 counties whose most recent (2022) real professional, scientific, and technical services earnings growth rate exceeded the statewide average (14.28%). The two quadrants on the left feature those 17 counties whose real professional, scientific, and technical services earnings growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 67 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 7.26% over 2010-2022 and 14.28% over 2022:
Leading counties () (top-right quadrant)...are counties whose average annual real professional, scientific, and technical services earnings growth rate surpassed the statewide average both long-term (7.26%) and near-term (14.28%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real professional, scientific, and technical services earnings growth rate exceeded the statewide average (7.26%), but whose near-term growth has "slipped" by falling below the Florida average (14.28%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real professional, scientific, and technical services earnings growth rate fell below the statewide average (7.26%), but whose near-term growth has "gained" by registering above the average (14.28%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual real professional, scientific, and technical services earnings growth rate fell under the statewide average both long-term (7.26%) and near-term (14.28%).
   
 
Summary of Florida's 67 County Totals
 
Short Term Average
 
 
Below
(14.28%)
Above
(14.28%)
 
Long
Term
Average
Above
(7.26%)
6
16
22
Below
(7.26%)
11
9
20
 
17
25
42
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Florida:
2010-2022 = 7.26%
2022 = 14.28%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Florida counties classified as Leading. These counties surpassed Florida's average annual real professional, scientific, and technical services earnings growth both long-term (2010-2022 = 7.26%) as well as near-term (2022 = 14.28%). Each is identified by its corresponding ranking based on it's average annual real professional, scientific, and technical services earnings growth rate over 2010-2022.
Of Florida's 67 counties, 16 (24%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Florida:
2010-2022 = 7.26%
2022 = 14.28%
This figure depicts the distribution of the 6 Florida counties classified as Slipping (top-left quadrant), in that their long-term average annual real professional, scientific, and technical services earnings growth rate outpaced the average statewide (2010-2022 = 7.26%), while they trailed the statewide average near-term (2022 = 14.28%). Again, each county is identified by it's corresponding ranking based on its average annual real professional, scientific, and technical services earnings growth rate over 2010-2022.
Only 6 (9%) of Florida's 67 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
Florida:
2010-2022 = 7.26%
2022 = 14.28%
This figure shows the distribution of the 9 Florida counties classified as Gaining (bottom-right quadrant), in that their long-term average annual real professional, scientific, and technical services earnings growth rate posted below the average statewide (2010-2022 = 7.26%), while they outpaced Florida's average near-term (2022 = 14.28%). Again, each county is identified by its corresponding ranking based on its average annual real professional, scientific, and technical services earnings growth rate over 2010-2022.
Of Florida's 67 counties, only 13% (9) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2022 vs. 2010-2022 Averages
Lagging Counties
white dot
Florida:
2010-2022 = 7.26%
2022 = 14.28%
This figure depicts the distributions of the 11 Florida counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real professional, scientific, and technical services earnings growth both long-term (2010-2022 = 7.26%) as well as near-term (2022 = 14.28%). Again, each county is identified by its corresponding ranking based on it's average annual real professional, scientific, and technical services earnings growth rate over 2010-2022.
16% of Florida's counties, 11 of 67, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Florida
Real* Professional, Scientific, and Technical Services Earnings Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
13
9.17
 
19
17.73
367,261
 
7
10.10
 
21
17.70
189,987
 
2
13.41
 
4
33.39
29,793
 
18
7.80
 
34
14.79
553,849
 
9
9.66
 
5
28.06
518,107
 
11
9.45
 
22
17.09
2,726,470
 
8
9.99
 
9
21.60
1,079,511
 
16
7.83
 
25
16.83
16,787,001
 
3
11.93
 
8
24.44
179,935
 
21
7.43
 
26
16.22
10,567,348
 
5
10.98
 
6
26.96
405,933
 
19
7.68
 
33
14.79
9,842,823
 
14
9.04
 
13
20.69
766,481
 
4
11.08
 
10
21.46
942,186
 
22
7.38
 
7
26.85
45,164
 
1
16.04
 
2
35.22
329,941
Slipping Counties
 
12
9.43
 
37
13.61
343,079
 
6
10.13
 
36
14.16
1,995,020
 
20
7.68
 
40
12.52
11,831,289
 
17
7.81
 
47
8.23
1,510,123
 
15
8.47
 
42
11.29
2,209,730
 
10
9.64
 
45
9.61
2,672,550
Gaining Counties
 
41
3.11
 
32
15.00
137,128
 
32
5.74
 
12
21.02
983,672
 
36
5.29
 
11
21.23
4,208
 
31
5.98
 
15
20.15
77,806
 
38
5.07
 
31
15.04
1,862,471
 
35
5.37
 
28
15.78
26,478
 
24
6.42
 
20
17.70
307,053
 
39
4.57
 
17
18.79
263,842
 
30
6.11
 
30
15.09
937,950
Lagging Counties
 
27
6.23
 
48
7.53
953,715
 
40
3.83
 
51
5.50
497,713
 
37
5.29
 
38
13.48
2,505,945
 
26
6.35
 
39
12.89
9,758,624
 
25
6.38
 
44
10.94
5,498,419
 
33
5.69
 
46
8.24
12,301
 
28
6.18
 
53
-5.91
439,194
 
34
5.43
 
43
10.97
578,037
 
29
6.14
 
41
12.35
4,621,734
 
42
2.74
 
49
6.19
888,298
 
23
6.87
 
35
14.22
445,397
Undefined/Suppressed Counties
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
55
-23.53
1,976
 
U
U
 
18
17.99
71,428
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
13,132
 
U
U
 
S
S
S
 
U
U
 
29
15.62
2,206
 
U
U
 
S
S
S
 
U
U
 
52
-3.19
52,953
 
U
U
 
23
16.88
207,892
 
U
U
 
16
19.30
6,411
 
U
U
 
S
S
36,544
 
U
U
 
S
S
15,504
 
U
U
 
1
35.72
2,979
 
U
U
 
50
5.78
1,940
 
U
U
 
S
S
S
 
U
U
 
54
-6.19
24,399
 
U
U
 
S
S
S
 
U
U
 
14
20.62
183,978
 
U
U
 
27
16.20
16,726
 
U
U
 
S
S
S
 
U
U
 
3
34.81
11,048
 
U
U
 
24
16.87
29,276
 
 
 
 
 
 
 
 
 
7.26
 
14.28
97,486,076
 
 
 
 
 
 
 
 
 
5.61
 
8.24
1,725,868,000
November 2023
REAP_PI_CA1600N_611200_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, FL-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.