Leading, Slipping, Gaining, Lagging Analysis:
Assessing Arts, Entertainment, and Recreation Earnings Growth
Across Minnesota Counties
Real* Arts, Entertainment, and Recreation
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Arts, Entertainment, and Recreation
Earnings Growth
Minnesota:
2010-2022 = 8.66%
2022 = 40.09%
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 arts, entertainment, and recreation earnings growth across all of Minnesota's 87 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 Minnesota Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real arts, entertainment, and recreation earnings growth of Minnesota's 87 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* Arts, Entertainment, and Recreation
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Arts, Entertainment, and Recreation
Earnings Growth
Minnesota:
2010-2022 = 8.66%
2022 = 40.09%
This figure displays the 87 counties of Minnesota as dots on a scattergram, with the vertical axis representing the average annual real arts, entertainment, and recreation earnings growth rate over the long-term period (2010-2022), and the horizontal axis representing the real arts, entertainment, and recreation earnings growth rate for the near-term (2022).
This figure sets apart those counties whose long-term real arts, entertainment, and recreation earnings growth exceeded the statewide average of 8.66%, by portraying them in the top two quadrants demarcated at 8.66% on the vertical axis. County whose long-term average annual real arts, entertainment, and recreation earnings growth rate trailed the statewide average (8.66%) are distributed in the bottom two quadrants. In all, 36 counties surpassed the statewide average over 2010-2022, while 28 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 22 counties whose most recent (2022) real arts, entertainment, and recreation earnings growth rate exceeded the statewide average (40.09%). The two quadrants on the left feature those 42 counties whose real arts, entertainment, and recreation earnings growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 87 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 8.66% over 2010-2022 and 40.09% over 2022:
Leading counties () (top-right quadrant)...are counties whose average annual real arts, entertainment, and recreation earnings growth rate surpassed the statewide average both long-term (8.66%) and near-term (40.09%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real arts, entertainment, and recreation earnings growth rate exceeded the statewide average (8.66%), but whose near-term growth has "slipped" by falling below the Minnesota average (40.09%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real arts, entertainment, and recreation earnings growth rate fell below the statewide average (8.66%), but whose near-term growth has "gained" by registering above the average (40.09%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual real arts, entertainment, and recreation earnings growth rate fell under the statewide average both long-term (8.66%) and near-term (40.09%).
   
 
Summary of Minnesota's 87 County Totals
 
Short Term Average
 
 
Below
(40.09%)
Above
(40.09%)
 
Long
Term
Average
Above
(8.66%)
16
20
36
Below
(8.66%)
26
2
28
 
42
22
64
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Minnesota:
2010-2022 = 8.66%
2022 = 40.09%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Minnesota counties classified as Leading. These counties surpassed Minnesota's average annual real arts, entertainment, and recreation earnings growth both long-term (2010-2022 = 8.66%) as well as near-term (2022 = 40.09%). Each is identified by its corresponding ranking based on it's average annual real arts, entertainment, and recreation earnings growth rate over 2010-2022.
Of Minnesota's 87 counties, 20 (23%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Minnesota:
2010-2022 = 8.66%
2022 = 40.09%
This figure depicts the distribution of the 16 Minnesota counties classified as Slipping (top-left quadrant), in that their long-term average annual real arts, entertainment, and recreation earnings growth rate outpaced the average statewide (2010-2022 = 8.66%), while they trailed the statewide average near-term (2022 = 40.09%). Again, each county is identified by it's corresponding ranking based on its average annual real arts, entertainment, and recreation earnings growth rate over 2010-2022.
Observe that 16 (18%) of Minnesota's 87 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
Minnesota:
2010-2022 = 8.66%
2022 = 40.09%
This figure shows the distribution of the 2 Minnesota counties classified as Gaining (bottom-right quadrant), in that their long-term average annual real arts, entertainment, and recreation earnings growth rate posted below the average statewide (2010-2022 = 8.66%), while they outpaced Minnesota's average near-term (2022 = 40.09%). Again, each county is identified by its corresponding ranking based on its average annual real arts, entertainment, and recreation earnings growth rate over 2010-2022.
Of Minnesota's 87 counties, only 2% (2) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2022 vs. 2010-2022 Averages
Lagging Counties
white dot
Minnesota:
2010-2022 = 8.66%
2022 = 40.09%
This figure depicts the distributions of the 26 Minnesota counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real arts, entertainment, and recreation earnings growth both long-term (2010-2022 = 8.66%) as well as near-term (2022 = 40.09%). Again, each county is identified by its corresponding ranking based on it's average annual real arts, entertainment, and recreation earnings growth rate over 2010-2022.
30% of Minnesota's counties, 26 of 87, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Minnesota
Real* Arts, Entertainment, and Recreation Earnings Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
21
11.95
 
21
42.24
4,152
 
29
10.29
 
27
41.30
10,544
 
4
22.25
 
10
75.54
19,618
 
24
11.26
 
23
41.85
4,484
 
17
12.73
 
20
44.09
12,942
 
1
808.92
 
2
180.24
25,880
 
3
26.14
 
28
40.79
502,644
 
15
12.96
 
19
47.82
3,453
 
5
20.82
 
7
83.97
5,083
 
9
15.30
 
14
63.08
5,393
 
8
15.90
 
13
66.63
5,812
 
2
32.30
 
3
122.22
1,880
 
11
14.23
 
12
72.99
11,286
 
14
12.99
 
29
40.33
6,305
 
6
20.03
 
11
73.18
3,138
 
28
10.60
 
16
53.32
533,207
 
20
12.03
 
22
42.24
2,327
 
25
11.18
 
18
50.57
15,658
 
7
18.81
 
15
61.79
2,422
 
10
15.11
 
25
41.67
33,147
Slipping Counties
 
36
8.73
 
66
16.50
137,174
 
27
10.64
 
44
28.81
1,726
 
19
12.07
 
32
36.79
15,195
 
33
9.59
 
56
20.72
14,066
 
31
9.96
 
31
37.61
1,094
 
26
11.11
 
76
6.84
2,046
 
12
13.72
 
58
19.51
7,484
 
30
10.13
 
36
32.98
6,750
 
32
9.73
 
37
32.73
13,009
 
18
12.68
 
63
17.43
1,934
 
34
9.30
 
50
25.25
66,421
 
22
11.36
 
33
36.26
11,679
 
13
13.52
 
42
30.07
6,679
 
16
12.78
 
70
15.17
668
 
23
11.36
 
67
16.37
4,927
 
35
8.87
 
41
30.07
111,587
Gaining Counties
 
53
7.13
 
26
41.49
1,378,202
 
51
7.33
 
24
41.77
38,775
Lagging Counties
 
48
7.60
 
71
12.29
13,704
 
39
8.51
 
68
16.07
3,894
 
43
7.98
 
40
30.35
80,744
 
58
6.14
 
48
27.06
8,958
 
49
7.44
 
49
25.47
7,684
 
47
7.66
 
64
17.27
10,756
 
56
6.72
 
43
29.26
3,781
 
42
8.10
 
61
18.98
4,413
 
62
4.47
 
75
9.31
7,961
 
61
5.54
 
73
9.84
1,563
 
38
8.56
 
39
30.66
6,197
 
37
8.61
 
52
22.77
1,720
 
45
7.72
 
38
32.15
9,237
 
59
5.87
 
78
-17.99
1,655
 
44
7.81
 
60
19.01
4,357
 
63
4.13
 
74
9.46
1,770
 
41
8.14
 
34
34.28
3,839
 
57
6.43
 
57
20.71
3,188
 
40
8.20
 
46
28.73
43,036
 
60
5.71
 
65
17.07
1,955
 
46
7.70
 
72
10.57
994
 
52
7.31
 
69
15.17
759
 
54
6.98
 
51
24.39
112,620
 
64
3.12
 
77
5.50
786
 
55
6.91
 
62
18.37
1,585
 
50
7.40
 
59
19.15
9,677
Undefined/Suppressed Counties
 
U
U
 
30
39.67
8,401
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
55
20.89
272
 
U
U
 
S
S
530
 
U
U
 
5
116.54
864
 
U
U
 
9
77.01
793
 
U
U
 
S
S
S
 
U
U
 
S
S
4,770
 
U
U
 
S
S
S
 
U
U
 
17
52.60
441
 
U
U
 
45
28.79
765
 
U
U
 
53
22.75
2,099
 
U
U
 
4
120.19
469
 
U
U
 
47
28.52
685
 
U
U
 
S
S
S
 
U
U
 
S
S
917
 
U
U
 
6
112.72
2,391
 
U
U
 
S
S
S
 
U
U
 
35
34.19
1,613
 
U
U
 
8
79.96
1,679
 
U
U
 
1
198.79
1,727
 
U
U
 
54
21.26
616
 
 
 
 
 
 
 
 
 
8.66
 
40.09
3,417,245
 
 
 
 
 
 
 
 
 
6.31
 
26.15
203,533,000
November 2023
REAP_PI_CA1600N_611700_LSGL
 
   
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