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Economic Development Performance Measures



Community Development

Percent of organizations that have adopted sustainable development goals
• Government subsidies as percent of gross income
• Annual capital dollars invested in municipal infrastructure
• Percent of sustainable development compatible legislation
• Number % of projects meeting objectives
• Number of communities aided
• Number aided water/wastewater systems achieving goals
• Number of communities improving their telecommunications connectivity
• Percent of cities desiring industrial development that have marketable industrial sites
• Investments in community facilities by type of facility
• Number of communities with strategic plans
• Percent of department investment in distressed areas
• Change in distress level of aided communities
• Percent of department investments in rural communities
• Percent of small businesses assisted
• Percent of minority and women owned businesses assisted

Real Estate

• Industrial space used
• Office vacancy rate
• Number of building permits issued
• Value of industrial and commercial property
• Percent of new residential lots

Economic Measures

• Capital investments per job
• Commercial investment
• Amount/% of tax collected by industry
• Number and value of business loans
• Per capita debt
• GDP per capita
• Total dollars and dollars per capita deposited in local banks annually
• Dollars spent in locally-owned businesses
• Retail sales per capita
• Tourism/bed tax revenues
• Retail sales as a percent of personal income
• Amount of private sector investment in EDA projects as a result of grants
• Amount of state and local funds committed for EDA projects

Labor & Workforce

• Total wage and salary jobs per employed resident
• Number of jobs in value-added manufacturing
• Net job growth
• Percent of jobs created/retained above county average wage
• Average Salaries
• Manufacturing wage and salary jobs as a percent of total jobs
• Wages/benefits as compared to state levels or area with similar industry mix
• Number of job candidates with certifiable skills or college degrees
• Occupational distribution of women and minorities
• Unemployment rate
• Average earning per job
• Employment in hotel and lodging industry
• Employment by sector
• Jobs created/retained per FTE
• Number of commitments per FTE
• Average weekly initial claims for unemployment insurance

Business Measures

• Number of companies who export
• Percent of GDP spent on research & development
• Business participation in school and civic events
• Percent of companies developing new products or services
• State rank in telecommunications technology
• New business started/New business licenses
• Number of environmental services, products, and technologies exported
• Percent of GDP from secondary production and business services
• Number of business establishments
• Manufacturing productivity
• Value of business personal property per worker
• Value of goods exported internationally
• Farm Acreage
• Values of key natural resources
• Value added in hotel and lodging industry
• Areas of Cropland that have been converted to developed land
• Number of commercial crop varieties
• Number of cluster identified
• Growth in number of clusters identified in comparison to previous year
• Growth of clusters compared to state growth of same cluster
• Job growth in identified clusters
• New sales of assisted exporters
• Amount of freight transported by air, water, and land
• New car inventories--US dealers' day's supply

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