Leading, Slipping, Gaining, Lagging Analysis:
Assessing Transportation and Warehousing Employment Growth
Across States
Transportation and Warehousing
Employment Growth
State vs Nationwide Average: 2010-2022 and 2022
Transportation and Warehousing
Employment Growth
U.S.:
2010-2022 = 5.81%
2022 = 8.06%
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 transportation and warehousing 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 transportation and warehousing 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.
Transportation and Warehousing
Employment Growth
State vs Nationwide Average: 2010-2022 and 2022
Transportation and Warehousing
Employment Growth
U.S.:
2010-2022 = 5.81%
2022 = 8.06%
This figure displays the 51 states of the United States as dots on a scattergram, with the vertical axis representing the average annual transportation and warehousing employment growth rate over the long-term period (2010-2022), and the horizontal axis representing the transportation and warehousing employment growth rate for the near-term (2022).
This figure sets apart those states whose long-term transportation and warehousing employment growth exceeded the nationwide average of 5.81%, by portraying them in the top two quadrants demarcated at 5.81% on the vertical axis. State whose long-term average annual transportation and warehousing employment growth rate trailed the nationwide average (5.81%) are distributed in the bottom two quadrants. In all, 19 states surpassed the nationwide average over 2010-2022, while 32 states fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 18 states whose most recent (2022) transportation and warehousing employment growth rate exceeded the nationwide average (8.06%). The two quadrants on the left feature those 33 states whose transportation and warehousing 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 5.81% over 2010-2022 and 8.06% over 2022:
Leading states () (top-right quadrant)...are states whose average annual transportation and warehousing employment growth rate surpassed the nationwide average both long-term (5.81%) and near-term (8.06%).
Slipping states () (top-left quadrant)...are states whose long-term average annual transportation and warehousing employment growth rate exceeded the nationwide average (5.81%), but whose near-term growth has "slipped" by falling below the the United States average (8.06%).
Gaining states () (bottom-right quadrant)...are states whose long-term average annual transportation and warehousing employment growth rate fell below the nationwide average (5.81%), but whose near-term growth has "gained" by registering above the average (8.06%) nationwide.
Lagging states () (bottom-left quadrant)...are states whose average annual transportation and warehousing employment growth rate fell under the nationwide average both long-term (5.81%) and near-term (8.06%).
   
 
Summary of United States' 51 State Totals
 
Short Term Average
 
 
Below
(8.06%)
Above
(8.06%)
 
Long
Term
Average
Above
(5.81%)
10
9
19
Below
(5.81%)
23
9
32
 
33
18
51
 
   
Leading States
2022 vs. 2010-2022 Averages
Leading States
white dot
U.S.:
2010-2022 = 5.81%
2022 = 8.06%
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 transportation and warehousing employment growth both long-term (2010-2022 = 5.81%) as well as near-term (2022 = 8.06%). Each is identified by its corresponding ranking based on it's average annual transportation and warehousing employment growth rate over 2010-2022.
Of the United States' 51 states, 9 (18%) 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 = 5.81%
2022 = 8.06%
This figure depicts the distribution of the 10 United States states classified as Slipping (top-left quadrant), in that their long-term average annual transportation and warehousing employment growth rate outpaced the average nationwide (2010-2022 = 5.81%), while they trailed the nationwide average near-term (2022 = 8.06%). Again, each state is identified by it's corresponding ranking based on its average annual transportation and warehousing 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 = 5.81%
2022 = 8.06%
This figure shows the distribution of the 9 United States states classified as Gaining (bottom-right quadrant), in that their long-term average annual transportation and warehousing employment growth rate posted below the average nationwide (2010-2022 = 5.81%), while they outpaced the United States' average near-term (2022 = 8.06%). Again, each state is identified by its corresponding ranking based on its average annual transportation and warehousing 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 = 5.81%
2022 = 8.06%
This figure depicts the distributions of the 23 United States states classified as Lagging (bottom-left quadrant). These states trailed the nationwide average annual transportation and warehousing employment growth both long-term (2010-2022 = 5.81%) as well as near-term (2022 = 8.06%). Again, each state is identified by its corresponding ranking based on it's average annual transportation and warehousing employment growth rate over 2010-2022.
45% of the United States' states, 23 of 51, are characterized here as Lagging (). Those states ranked by their long-term average include:
   
 
United States
Transportation and Warehousing Employment Growth
State vs. Nationwide Average
 
2010-2022
 
2022
 
 
Leading States
 
5
7.59
 
16
8.25
1,474,413
 
7
7.12
 
8
9.74
196,383
 
1
9.30
 
1
17.72
39,442
 
14
6.35
 
4
12.03
454,899
 
16
6.10
 
7
9.95
273,225
 
2
8.50
 
18
8.15
153,001
 
8
6.72
 
14
8.35
143,851
 
13
6.45
 
9
9.73
1,135,209
 
9
6.70
 
3
13.89
252,417
Slipping States
 
4
7.94
 
28
7.04
240,127
 
15
6.21
 
27
7.12
108,315
 
18
6.00
 
49
3.02
12,534
 
3
8.32
 
24
7.41
835,313
 
6
7.32
 
46
5.35
222,118
 
12
6.45
 
43
5.86
202,629
 
11
6.51
 
37
6.21
311,025
 
17
6.04
 
23
7.49
132,623
 
10
6.65
 
36
6.21
27,037
 
19
5.89
 
21
7.58
274,811
Gaining States
 
48
2.15
 
6
11.07
29,850
 
43
2.65
 
5
11.50
91,558
 
38
4.09
 
12
9.11
44,365
 
28
4.84
 
15
8.31
254,558
 
31
4.78
 
17
8.16
181,219
 
37
4.38
 
11
9.31
180,676
 
36
4.41
 
13
8.42
90,188
 
21
5.74
 
10
9.38
395,256
 
25
4.97
 
2
15.10
44,779
Lagging States
 
32
4.70
 
41
5.91
125,376
 
20
5.75
 
44
5.79
50,967
 
34
4.65
 
29
7.04
526,137
 
45
2.41
 
47
5.08
97,385
 
35
4.47
 
33
6.53
98,726
 
42
2.98
 
34
6.49
131,053
 
47
2.24
 
45
5.54
27,392
 
39
3.79
 
22
7.55
189,914
 
41
3.18
 
40
5.92
26,356
 
50
1.40
 
50
2.84
72,404
 
33
4.67
 
31
6.61
28,866
 
26
4.95
 
39
5.98
601,772
 
29
4.82
 
25
7.31
27,483
 
24
5.33
 
20
7.70
427,615
 
23
5.39
 
38
6.16
115,289
 
27
4.87
 
26
7.31
467,975
 
44
2.59
 
42
5.90
21,021
 
30
4.80
 
35
6.23
294,538
 
22
5.64
 
30
6.84
105,686
 
51
0.96
 
51
2.65
9,852
 
46
2.36
 
32
6.60
33,234
 
40
3.59
 
19
8.03
175,071
 
49
1.71
 
48
3.85
17,567
 
 
 
 
 
 
 
 
 
5.81
 
8.06
11,473,500
November 2023
REAP_PI_SA1500N_510800_LSGL
 
   
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