0. REGIONAL INDICATORS: Examples for small group discussion
Partnership for Regional Opportunity
April 30, 2014
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1. Like most best practice regional indicators San Diego’s are organized into categories
4 overall categories, 20 metrics to describe & measure those categories
San Diego’s indicators are prominently displayed on the homepage of the regional economic development organization
Oriented to tell story of region’s talent (talent has its own category, above economy)
We talked to six best practice regions (Austin, Pittsburgh, Kansas City, Nashville, Research Triangle and Charlotte)
The result – 9 common themes (5 environmental levers, 4 process levers)
Environment levers – key elements of your region’s economic infrastructure
Process levers – how you leverage your region’s assets to drive economic growth
We then assessed the Twin Cities’ against these 9 levers – the results indicated in the scorecard shown
Key ratings:
Above average in terms of human capital and quality of life
On par with peer regions in terms of infrastructure and culture of innovation
Below average in cost of doing business – mainly driven by our tax climate, cumbersome regulatory and permitting process and high wage rates.
We also identified a clear gap: lack of a regional vision and economic development capabilities, including externally marketing our region.
SOURCE: SanDiegoBusiness.org/Research; Io.inc, McKinsey Cities Initiative 1 1

2. Atlanta chose its metrics in each area to gauge its progress to specific goals
Atlanta’s Plan 2040 identified these five key goals against which to measure progress (see details on next slide):
Promote places to live with easy access to jobs and services
Identify innovative approached to economic recovery and long-term prosperity
Improve energy efficiency while improving the region’s environment
Increase mobility options for people and goods
Foster healthy, educated, well-trained, safe and secure population
In addition, Atlanta has created an interactive map that compares the region to 100 other top regions in the U.S.
SOURCE: Atlanta Regional Commission

3. Atlanta has metrics behind each goal
Proximity to jobs
Average commute
% HH income spent on housing and transportation
Access to Arts (number of “creative establishments per capita)
Exports
Patents
Percentage of “knowledge jobs” (knowledge, logistics, production, and entertainment1
Unemployment
GMP
Home price index
Percentage of commuters with “green commutes”2
Air quality
Cost of congestion
Congestion index
Average annual hours delay per commuter
Higher education
Mismatch between education jobs require (based on Brookings Institute data)
High school graduation rates
Obesity
1 Identified by partners within Atlanta as being clusters targeted by state and local economic development agencies
2 Defined as commutes by transit, walking, biking, or teleworking
SOURCE: Atlanta Regional Commission

4. London’s set of indicators is focused on sustainable development, which it defines broadly
SOURCE: London Sustainable Development Commission

5. San Antonio
San Antonio’s dashboard provides the user with current status towards 2020 goals in 11 categories.
SOURCE:

6. Northeast Indiana NE Indiana
offers one of the most compact models we’ve seen.
SOURCE:

7. MN Compass draws on several sources for a comprehensive view of the state and its regions
This is the view for the state.
The same data is available by region, but not in this format (with trend indication and national rank)
Main data sources:
Census Bureau
Deccenial census
IPUMS
American Community Survey
State of MN
Health
Education
DEED
In addition, Compass relies on several surveys for its data:
Current population survey, BLS
Minnesota student survey, MN Dept of Health
Bush Foundation State Survey
SOURCE: Source