Leading, Slipping, Gaining, Lagging Analysis:
Assessing Local Government Earnings Growth
Across Michigan Counties
Real* Local Government
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Local Government
Earnings Growth
Michigan:
2010-2022 = 0.41%
2022 = 3.98%
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 Michigan's 83 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 Michigan Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real local government earnings growth of Michigan's 83 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
Michigan:
2010-2022 = 0.41%
2022 = 3.98%
This figure displays the 83 counties of Michigan 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 0.41%, by portraying them in the top two quadrants demarcated at 0.41% on the vertical axis. County whose long-term average annual real local government earnings growth rate trailed the statewide average (0.41%) are distributed in the bottom two quadrants. In all, 41 counties surpassed the statewide average over 2010-2022, while 23 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 36 counties whose most recent (2022) real local government earnings growth rate exceeded the statewide average (3.98%). The two quadrants on the left feature those 28 counties whose real local government earnings growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 83 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 0.41% over 2010-2022 and 3.98% 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 (0.41%) and near-term (3.98%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real local government earnings growth rate exceeded the statewide average (0.41%), but whose near-term growth has "slipped" by falling below the Michigan average (3.98%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real local government earnings growth rate fell below the statewide average (0.41%), but whose near-term growth has "gained" by registering above the average (3.98%) 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 (0.41%) and near-term (3.98%).
   
 
Summary of Michigan's 83 County Totals
 
Short Term Average
 
 
Below
(3.98%)
Above
(3.98%)
 
Long
Term
Average
Above
(0.41%)
17
24
41
Below
(0.41%)
11
12
23
 
28
36
64
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Michigan:
2010-2022 = 0.41%
2022 = 3.98%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Michigan counties classified as Leading. These counties surpassed Michigan's average annual real local government earnings growth both long-term (2010-2022 = 0.41%) as well as near-term (2022 = 3.98%). Each is identified by its corresponding ranking based on it's average annual real local government earnings growth rate over 2010-2022.
Of Michigan's 83 counties, 24 (29%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Michigan:
2010-2022 = 0.41%
2022 = 3.98%
This figure depicts the distribution of the 17 Michigan 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 = 0.41%), while they trailed the statewide average near-term (2022 = 3.98%). Again, each county is identified by it's corresponding ranking based on its average annual real local government earnings growth rate over 2010-2022.
Observe that 17 (20%) of Michigan's 83 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
Michigan:
2010-2022 = 0.41%
2022 = 3.98%
This figure shows the distribution of the 12 Michigan 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 = 0.41%), while they outpaced Michigan's average near-term (2022 = 3.98%). Again, each county is identified by its corresponding ranking based on its average annual real local government earnings growth rate over 2010-2022.
Of Michigan's 83 counties, only 14% (12) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2022 vs. 2010-2022 Averages
Lagging Counties
white dot
Michigan:
2010-2022 = 0.41%
2022 = 3.98%
This figure depicts the distributions of the 11 Michigan counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real local government earnings growth both long-term (2010-2022 = 0.41%) as well as near-term (2022 = 3.98%). Again, each county is identified by its corresponding ranking based on it's average annual real local government earnings growth rate over 2010-2022.
13% of Michigan's counties, 11 of 83, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Michigan
Real* Local Government Earnings Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
41
0.42
 
11
5.96
156,691
 
12
1.49
 
33
4.39
503,441
 
5
2.43
 
25
4.85
484,480
 
39
0.50
 
13
5.70
51,568
 
4
2.51
 
23
5.01
278,881
 
27
0.92
 
4
7.07
78,659
 
9
1.66
 
39
4.08
27,192
 
23
1.10
 
17
5.28
136,908
 
13
1.48
 
32
4.41
71,018
 
18
1.30
 
24
4.90
311,608
 
30
0.82
 
12
5.94
992,087
 
40
0.50
 
7
6.28
128,681
 
34
0.66
 
22
5.02
361,413
 
19
1.18
 
16
5.34
580,884
 
15
1.40
 
35
4.33
1,554,444
 
14
1.44
 
31
4.45
17,439
 
6
2.06
 
38
4.21
385,589
 
20
1.18
 
21
5.14
36,452
 
22
1.13
 
9
6.17
14,500
 
7
1.69
 
2
10.56
17,816
 
38
0.59
 
15
5.36
48,733
 
35
0.66
 
37
4.25
47,978
 
8
1.69
 
8
6.25
59,456
 
3
2.63
 
6
6.42
117,487
Slipping Counties
 
2
2.96
 
69
-2.99
283,224
 
28
0.92
 
59
0.41
61,992
 
29
0.89
 
58
0.74
114,523
 
10
1.64
 
56
1.51
37,038
 
11
1.52
 
61
-0.20
100,120
 
31
0.77
 
48
2.77
93,067
 
37
0.62
 
65
-1.40
118,770
 
36
0.63
 
52
2.46
213,389
 
33
0.73
 
55
2.15
69,940
 
26
0.94
 
66
-1.51
41,453
 
1
5.94
 
67
-2.20
69,098
 
32
0.75
 
43
3.94
222,072
 
25
1.00
 
68
-2.47
175,353
 
24
1.01
 
51
2.51
94,065
 
16
1.39
 
44
3.68
107,548
 
21
1.16
 
50
2.72
13,291
 
17
1.31
 
46
2.99
28,163
Gaining Counties
 
49
0.12
 
26
4.81
36,876
 
48
0.17
 
27
4.79
179,348
 
56
-0.04
 
41
4.02
300,675
 
55
-0.04
 
14
5.69
391,901
 
52
0.09
 
30
4.46
2,836,861
 
64
-3.00
 
10
5.96
30,391
 
60
-0.65
 
36
4.31
53,153
 
54
0.00
 
42
3.99
422,496
 
58
-0.08
 
5
6.60
356,986
 
63
-1.23
 
28
4.62
143,829
 
50
0.11
 
34
4.33
165,379
 
59
-0.63
 
18
5.27
4,410,924
Lagging Counties
 
46
0.22
 
64
-1.39
53,412
 
45
0.27
 
54
2.31
292,970
 
61
-0.77
 
57
1.42
1,058,580
 
43
0.37
 
70
-7.37
82,470
 
53
0.02
 
53
2.44
222,119
 
57
-0.04
 
62
-0.89
32,367
 
51
0.10
 
47
2.79
1,859,484
 
62
-1.00
 
60
0.04
58,146
 
44
0.29
 
49
2.74
127,097
 
47
0.20
 
45
3.19
265,351
 
42
0.39
 
63
-1.13
835,783
Undefined/Suppressed Counties
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
1
11.54
23,975
 
U
U
 
S
S
S
 
U
U
 
29
4.50
111,786
 
U
U
 
20
5.17
120,065
 
U
U
 
3
7.88
99,055
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
19
5.25
97,614
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
40
4.08
115,282
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
 
 
 
 
 
 
 
 
0.41
 
3.98
25,117,330
 
 
 
 
 
 
 
 
 
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, MI-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.