Leading, Slipping, Gaining, Lagging Analysis:
Assessing Construction Earnings Growth
Across Missouri Counties
Real* Construction
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Construction
Earnings Growth
Missouri:
2010-2022 = 3.95%
2022 = 6.33%
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 construction earnings growth across all of Missouri's 115 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 Missouri Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real construction earnings growth of Missouri's 115 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* Construction
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Construction
Earnings Growth
Missouri:
2010-2022 = 3.95%
2022 = 6.33%
This figure displays the 115 counties of Missouri as dots on a scattergram, with the vertical axis representing the average annual real construction earnings growth rate over the long-term period (2010-2022), and the horizontal axis representing the real construction earnings growth rate for the near-term (2022).
This figure sets apart those counties whose long-term real construction earnings growth exceeded the statewide average of 3.95%, by portraying them in the top two quadrants demarcated at 3.95% on the vertical axis. County whose long-term average annual real construction earnings growth rate trailed the statewide average (3.95%) are distributed in the bottom two quadrants. In all, 53 counties surpassed the statewide average over 2010-2022, while 34 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 39 counties whose most recent (2022) real construction earnings growth rate exceeded the statewide average (6.33%). The two quadrants on the left feature those 48 counties whose real construction earnings growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 115 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 3.95% over 2010-2022 and 6.33% over 2022:
Leading counties () (top-right quadrant)...are counties whose average annual real construction earnings growth rate surpassed the statewide average both long-term (3.95%) and near-term (6.33%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real construction earnings growth rate exceeded the statewide average (3.95%), but whose near-term growth has "slipped" by falling below the Missouri average (6.33%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real construction earnings growth rate fell below the statewide average (3.95%), but whose near-term growth has "gained" by registering above the average (6.33%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual real construction earnings growth rate fell under the statewide average both long-term (3.95%) and near-term (6.33%).
   
 
Summary of Missouri's 115 County Totals
 
Short Term Average
 
 
Below
(6.33%)
Above
(6.33%)
 
Long
Term
Average
Above
(3.95%)
23
30
53
Below
(3.95%)
25
9
34
 
48
39
87
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Missouri:
2010-2022 = 3.95%
2022 = 6.33%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Missouri counties classified as Leading. These counties surpassed Missouri's average annual real construction earnings growth both long-term (2010-2022 = 3.95%) as well as near-term (2022 = 6.33%). Each is identified by its corresponding ranking based on it's average annual real construction earnings growth rate over 2010-2022.
Of Missouri's 115 counties, 30 (26%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Missouri:
2010-2022 = 3.95%
2022 = 6.33%
This figure depicts the distribution of the 23 Missouri counties classified as Slipping (top-left quadrant), in that their long-term average annual real construction earnings growth rate outpaced the average statewide (2010-2022 = 3.95%), while they trailed the statewide average near-term (2022 = 6.33%). Again, each county is identified by it's corresponding ranking based on its average annual real construction earnings growth rate over 2010-2022.
Observe that 23 (20%) of Missouri's 115 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
Missouri:
2010-2022 = 3.95%
2022 = 6.33%
This figure shows the distribution of the 9 Missouri counties classified as Gaining (bottom-right quadrant), in that their long-term average annual real construction earnings growth rate posted below the average statewide (2010-2022 = 3.95%), while they outpaced Missouri's average near-term (2022 = 6.33%). Again, each county is identified by its corresponding ranking based on its average annual real construction earnings growth rate over 2010-2022.
Of Missouri's 115 counties, only 8% (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
Missouri:
2010-2022 = 3.95%
2022 = 6.33%
This figure depicts the distributions of the 25 Missouri counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real construction earnings growth both long-term (2010-2022 = 3.95%) as well as near-term (2022 = 6.33%). Again, each county is identified by its corresponding ranking based on it's average annual real construction earnings growth rate over 2010-2022.
22% of Missouri's counties, 25 of 115, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Missouri
Real* Construction Earnings Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
42
4.98
 
5
13.36
26,669
 
33
5.55
 
15
10.92
24,659
 
19
6.30
 
23
9.31
27,678
 
46
4.54
 
28
8.54
363,777
 
43
4.82
 
37
6.48
20,018
 
44
4.57
 
10
11.87
255,472
 
4
8.40
 
27
8.62
42,414
 
14
6.93
 
29
8.48
669,583
 
36
5.33
 
36
6.53
34,905
 
41
5.02
 
38
6.47
26,817
 
34
5.54
 
8
12.00
21,269
 
13
7.19
 
20
9.48
37,896
 
49
4.12
 
24
8.99
446,339
 
53
3.98
 
32
7.37
52,604
 
50
4.06
 
19
9.70
30,766
 
2
9.41
 
26
8.73
71,294
 
10
7.42
 
2
14.79
31,405
 
3
8.89
 
9
11.95
56,743
 
7
7.81
 
6
13.02
43,285
 
30
5.74
 
31
7.82
67,770
 
47
4.52
 
25
8.88
43,769
 
1
9.53
 
3
14.69
50,271
 
25
6.03
 
4
14.01
32,233
 
6
8.32
 
33
7.01
1,160,583
 
45
4.56
 
12
11.52
9,170
 
20
6.28
 
14
10.97
73,736
 
52
4.01
 
16
10.86
76,986
 
29
5.81
 
1
15.37
24,825
 
32
5.56
 
11
11.78
82,524
 
38
5.23
 
35
6.56
28,104
Slipping Counties
 
39
5.14
 
77
1.19
47,770
 
8
7.62
 
53
4.65
145,683
 
17
6.47
 
91
-3.01
18,115
 
31
5.65
 
94
-4.32
13,369
 
21
6.25
 
54
4.12
205,656
 
40
5.12
 
67
2.62
246,091
 
15
6.67
 
96
-4.63
5,578
 
27
5.97
 
57
3.85
231,701
 
11
7.35
 
101
-7.37
69,126
 
9
7.46
 
85
-1.34
6,536
 
37
5.25
 
50
5.03
67,911
 
16
6.57
 
90
-2.03
8,773
 
28
5.96
 
70
2.02
136,607
 
35
5.48
 
64
3.35
36,604
 
48
4.16
 
55
4.07
21,986
 
24
6.04
 
69
2.20
18,662
 
23
6.09
 
63
3.41
28,708
 
5
8.37
 
41
6.24
43,639
 
26
5.97
 
43
6.03
387,415
 
18
6.47
 
97
-4.96
7,536
 
51
4.03
 
46
5.68
4,064,152
 
12
7.22
 
71
1.96
80,117
 
22
6.13
 
87
-1.55
16,029
Gaining Counties
 
56
3.84
 
21
9.47
29,014
 
70
2.62
 
40
6.35
63,841
 
55
3.91
 
34
6.57
280,605
 
71
2.59
 
18
10.09
2,958
 
73
2.38
 
22
9.46
31,913
 
63
3.05
 
39
6.39
2,493,372
 
58
3.59
 
30
7.91
62,708
 
62
3.36
 
17
10.39
53,260
 
76
1.97
 
7
12.17
42,861
Lagging Counties
 
87
-4.49
 
60
3.72
16,690
 
65
2.98
 
52
4.70
256,254
 
80
0.66
 
82
-0.20
47,101
 
72
2.49
 
42
6.12
161,136
 
69
2.62
 
83
-0.85
24,563
 
64
3.04
 
48
5.34
23,117
 
54
3.92
 
49
5.18
637,520
 
67
2.89
 
56
4.06
12,788
 
79
1.09
 
79
0.48
7,677
 
66
2.98
 
75
1.71
39,537
 
85
-1.88
 
92
-3.22
36,854
 
86
-3.06
 
93
-4.27
3,024
 
84
-1.75
 
104
-12.28
6,051
 
61
3.38
 
59
3.80
102,310
 
83
-1.27
 
51
4.87
3,960
 
75
2.01
 
84
-1.02
8,361
 
74
2.05
 
81
-0.05
61,147
 
82
0.22
 
103
-12.06
28,203
 
57
3.63
 
62
3.65
96,195
 
78
1.20
 
44
5.99
16,760
 
77
1.91
 
98
-5.44
56,529
 
60
3.48
 
66
2.81
54,476
 
59
3.59
 
74
1.77
4,364
 
68
2.65
 
100
-7.01
21,394
 
81
0.28
 
102
-8.90
6,046
Undefined/Suppressed Counties
 
U
U
 
68
2.24
26,574
 
U
U
 
S
S
S
 
U
U
 
72
1.91
29,107
 
U
U
 
S
S
S
 
U
U
 
45
5.97
7,136
 
U
U
 
78
0.83
12,923
 
U
U
 
47
5.60
39,969
 
U
U
 
13
11.49
19,025
 
U
U
 
88
-1.60
11,077
 
U
U
 
95
-4.57
15,294
 
U
U
 
99
-6.06
17,995
 
U
U
 
73
1.82
7,985
 
U
U
 
65
3.34
9,383
 
U
U
 
61
3.66
6,093
 
U
U
 
86
-1.45
14,133
 
U
U
 
S
S
S
 
U
U
 
58
3.84
2,137
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
8,764
 
U
U
 
76
1.45
17,359
 
U
U
 
S
S
S
 
U
U
 
89
-2.03
7,150
 
U
U
 
80
0.13
5,197
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
 
 
 
 
 
 
 
 
3.95
 
6.33
15,756,325
 
 
 
 
 
 
 
 
 
5.09
 
7.26
915,317,000
November 2023
REAP_PI_CA1600N_610400_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, MO-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.