Leading, Slipping, Gaining, Lagging Analysis:
Assessing Farm Employment Growth
Across States
Farm
Employment Growth
State vs Nationwide Average: 2010-2022 and 2022
Farm
Employment Growth
U.S.:
2010-2022 = -0.17%
2022 = -0.23%
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 farm employment growth across all 51 states. 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 United States Regional Economic Analysis Project report, we adopt this approach to gauge and compare the farm employment growth of all 51 states 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.
Farm
Employment Growth
State vs Nationwide Average: 2010-2022 and 2022
Farm
Employment Growth
U.S.:
2010-2022 = -0.17%
2022 = -0.23%
This figure displays the 51 states of the United States as dots on a scattergram, with the vertical axis representing the average annual farm employment growth rate over the long-term period (2010-2022), and the horizontal axis representing the farm employment growth rate for the near-term (2022).
This figure sets apart those states whose long-term farm employment growth exceeded the nationwide average of -0.17%, by portraying them in the top two quadrants demarcated at -0.17% on the vertical axis. State whose long-term average annual farm employment growth rate trailed the nationwide average (-0.17%) are distributed in the bottom two quadrants. In all, 31 states surpassed the nationwide average over 2010-2022, while 20 states fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 30 states whose most recent (2022) farm employment growth rate exceeded the nationwide average (-0.23%). The two quadrants on the left feature those 21 states whose farm employment growth over 2022 trailed the nationwide average.
Accordingly, each quadrant portrays the performance of all 51 states corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective nationwide averages of -0.17% over 2010-2022 and -0.23% over 2022:
Leading states () (top-right quadrant)...are states whose average annual farm employment growth rate surpassed the nationwide average both long-term (-0.17%) and near-term (-0.23%).
Slipping states () (top-left quadrant)...are states whose long-term average annual farm employment growth rate exceeded the nationwide average (-0.17%), but whose near-term growth has "slipped" by falling below the the United States average (-0.23%).
Gaining states () (bottom-right quadrant)...are states whose long-term average annual farm employment growth rate fell below the nationwide average (-0.17%), but whose near-term growth has "gained" by registering above the average (-0.23%) nationwide.
Lagging states () (bottom-left quadrant)...are states whose average annual farm employment growth rate fell under the nationwide average both long-term (-0.17%) and near-term (-0.23%).
   
 
Summary of United States' 51 State Totals
 
Short Term Average
 
 
Below
(-0.23%)
Above
(-0.23%)
 
Long
Term
Average
Above
(-0.17%)
10
21
31
Below
(-0.17%)
11
9
20
 
21
30
51
 
   
Leading States
2022 vs. 2010-2022 Averages
Leading States
white dot
U.S.:
2010-2022 = -0.17%
2022 = -0.23%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the United States states classified as Leading. These states surpassed the United States' average annual farm employment growth both long-term (2010-2022 = -0.17%) as well as near-term (2022 = -0.23%). Each is identified by its corresponding ranking based on it's average annual farm employment growth rate over 2010-2022.
Of the United States' 51 states, 21 (41%) are classified within the Leading () category. Those states ranked by their long-term average include:
Slipping States
2022 vs. 2010-2022 Averages
Slipping States
U.S.:
2010-2022 = -0.17%
2022 = -0.23%
This figure depicts the distribution of the 10 United States states classified as Slipping (top-left quadrant), in that their long-term average annual farm employment growth rate outpaced the average nationwide (2010-2022 = -0.17%), while they trailed the nationwide average near-term (2022 = -0.23%). Again, each state is identified by it's corresponding ranking based on its average annual farm employment growth rate over 2010-2022.
Observe that 10 (20%) of the United States' 51 states are classified as Slipping (). Those states ranked by their long-term average include:
Gaining States
2022 vs. 2010-2022 Averages
Gaining States
white dot
U.S.:
2010-2022 = -0.17%
2022 = -0.23%
This figure shows the distribution of the 9 United States states classified as Gaining (bottom-right quadrant), in that their long-term average annual farm employment growth rate posted below the average nationwide (2010-2022 = -0.17%), while they outpaced the United States' average near-term (2022 = -0.23%). Again, each state is identified by its corresponding ranking based on its average annual farm employment growth rate over 2010-2022.
Of the United States' 51 states, 18% (9) are featured as Gaining (). Those states ranked by their long-term average include:
Lagging States
2022 vs. 2010-2022 Averages
Lagging States
white dot
U.S.:
2010-2022 = -0.17%
2022 = -0.23%
This figure depicts the distributions of the 11 United States states classified as Lagging (bottom-left quadrant). These states trailed the nationwide average annual farm employment growth both long-term (2010-2022 = -0.17%) as well as near-term (2022 = -0.23%). Again, each state is identified by its corresponding ranking based on it's average annual farm employment growth rate over 2010-2022.
22% of the United States' states, 11 of 51, are characterized here as Lagging (). Those states ranked by their long-term average include:
   
 
United States
Farm Employment Growth
State vs. Nationwide Average
 
2010-2022
 
2022
 
 
Leading States
 
26
0.07
 
30
-0.13
228,186
 
4
0.86
 
5
3.44
49,226
 
10
0.65
 
7
3.29
9,738
 
28
0.00
 
29
0.00
0
 
11
0.54
 
25
1.24
57,015
 
13
0.41
 
15
2.41
11,581
 
8
0.68
 
2
4.45
40,378
 
25
0.11
 
24
1.31
89,652
 
15
0.40
 
17
2.35
10,656
 
19
0.30
 
12
2.80
10,562
 
23
0.13
 
16
2.40
29,362
 
18
0.32
 
3
4.24
5,208
 
24
0.12
 
20
1.76
5,194
 
16
0.34
 
10
2.86
52,933
 
17
0.33
 
8
3.00
32,848
 
31
-0.13
 
26
1.00
75,180
 
22
0.13
 
22
1.61
273,763
 
9
0.67
 
6
3.42
21,081
 
12
0.53
 
19
2.13
9,359
 
29
-0.03
 
23
1.33
22,338
 
5
0.86
 
27
0.95
14,283
Slipping States
 
1
2.79
 
33
-0.86
1,492
 
30
-0.09
 
49
-4.89
27,735
 
3
0.89
 
46
-3.96
3,205
 
2
1.08
 
44
-3.37
17,072
 
21
0.15
 
38
-1.93
52,319
 
6
0.83
 
47
-4.34
16,473
 
14
0.40
 
48
-4.44
26,416
 
27
0.00
 
45
-3.58
62,960
 
20
0.30
 
35
-1.37
82,352
 
7
0.82
 
32
-0.58
89,467
Gaining States
 
51
-1.52
 
21
1.73
41,204
 
33
-0.21
 
28
0.63
82,385
 
34
-0.23
 
9
2.96
61,897
 
35
-0.26
 
11
2.86
29,970
 
38
-0.30
 
1
7.55
83,662
 
39
-0.33
 
13
2.50
1,433
 
43
-0.64
 
4
3.50
27,503
 
44
-0.67
 
14
2.42
45,900
 
40
-0.35
 
18
2.33
85,484
Lagging States
 
36
-0.27
 
37
-1.68
52,590
 
48
-0.91
 
40
-2.32
69,807
 
42
-0.42
 
36
-1.47
73,287
 
45
-0.69
 
39
-2.25
57,327
 
32
-0.17
 
50
-5.95
61,129
 
37
-0.29
 
42
-2.85
31,968
 
47
-0.78
 
31
-0.42
77,286
 
49
-0.98
 
43
-2.91
38,095
 
46
-0.72
 
34
-1.11
93,207
 
50
-1.01
 
51
-17.57
57,344
 
41
-0.39
 
41
-2.69
67,488
 
 
 
 
 
 
 
 
 
-0.17
 
-0.23
2,567,000
April 2024
REAP_PI_SA1500N_400000_LSGL
 
   
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