Leading, Slipping, Gaining, Lagging Analysis:
Assessing Mining Gross Domestic Product Growth
Across States
Real* Mining
Gross Domestic Product Growth
State vs Nationwide Average: 2010-2022 and 2022
Real* Mining
Gross Domestic Product Growth
U.S.:
2010-2022 = 8.01%
2022 = 44.79%
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 mining gross domestic product 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 real mining gross domestic product 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.
Real* Mining
Gross Domestic Product Growth
State vs Nationwide Average: 2010-2022 and 2022
Real* Mining
Gross Domestic Product Growth
U.S.:
2010-2022 = 8.01%
2022 = 44.79%
This figure displays the 51 states of the United States as dots on a scattergram, with the vertical axis representing the average annual real mining gross domestic product growth rate over the long-term period (2010-2022), and the horizontal axis representing the real mining gross domestic product growth rate for the near-term (2022).
This figure sets apart those states whose long-term real mining gross domestic product growth exceeded the nationwide average of 8.01%, by portraying them in the top two quadrants demarcated at 8.01% on the vertical axis. State whose long-term average annual real mining gross domestic product growth rate trailed the nationwide average (8.01%) 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 5 states whose most recent (2022) real mining gross domestic product growth rate exceeded the nationwide average (44.79%). The two quadrants on the left feature those 46 states whose real mining gross domestic product 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 8.01% over 2010-2022 and 44.79% over 2022:
Leading states () (top-right quadrant)...are states whose average annual real mining gross domestic product growth rate surpassed the nationwide average both long-term (8.01%) and near-term (44.79%).
Slipping states () (top-left quadrant)...are states whose long-term average annual real mining gross domestic product growth rate exceeded the nationwide average (8.01%), but whose near-term growth has "slipped" by falling below the the United States average (44.79%).
Gaining states () (bottom-right quadrant)...are states whose long-term average annual real mining gross domestic product growth rate fell below the nationwide average (8.01%), but whose near-term growth has "gained" by registering above the average (44.79%) nationwide.
Lagging states () (bottom-left quadrant)...are states whose average annual real mining gross domestic product growth rate fell under the nationwide average both long-term (8.01%) and near-term (44.79%).
   
 
Summary of United States' 51 State Totals
 
Short Term Average
 
 
Below
(44.79%)
Above
(44.79%)
 
Long
Term
Average
Above
(8.01%)
15
4
19
Below
(8.01%)
31
1
32
 
46
5
51
 
   
Leading States
2022 vs. 2010-2022 Averages
Leading States
white dot
U.S.:
2010-2022 = 8.01%
2022 = 44.79%
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 real mining gross domestic product growth both long-term (2010-2022 = 8.01%) as well as near-term (2022 = 44.79%). Each is identified by its corresponding ranking based on it's average annual real mining gross domestic product growth rate over 2010-2022.
Of the United States' 51 states, just 4 (8%) 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 = 8.01%
2022 = 44.79%
This figure depicts the distribution of the 15 United States states classified as Slipping (top-left quadrant), in that their long-term average annual real mining gross domestic product growth rate outpaced the average nationwide (2010-2022 = 8.01%), while they trailed the nationwide average near-term (2022 = 44.79%). Again, each state is identified by it's corresponding ranking based on its average annual real mining gross domestic product growth rate over 2010-2022.
Observe that 15 (29%) 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 = 8.01%
2022 = 44.79%
This figure shows the distribution of the 1 United States state classified as Gaining (bottom-right quadrant), in that their long-term average annual real mining gross domestic product growth rate posted below the average nationwide (2010-2022 = 8.01%), while they outpaced the United States' average near-term (2022 = 44.79%). Again, each state is identified by its corresponding ranking based on its average annual real mining gross domestic product growth rate over 2010-2022.
Of the United States' 51 states, only 2% (1) 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 = 8.01%
2022 = 44.79%
This figure depicts the distributions of the 31 United States states classified as Lagging (bottom-left quadrant). These states trailed the nationwide average annual real mining gross domestic product growth both long-term (2010-2022 = 8.01%) as well as near-term (2022 = 44.79%). Again, each state is identified by its corresponding ranking based on it's average annual real mining gross domestic product growth rate over 2010-2022.
61% of the United States' states, 31 of 51, are characterized here as Lagging (). Those states ranked by their long-term average include:
   
 
United States
Real* Mining Gross Domestic Product Growth
State vs. Nationwide Average
 
2010-2022
 
2022
 
 
Leading States
 
18
8.16
 
4
47.12
13,548
 
16
8.30
 
1
57.80
1,576
 
9
10.70
 
3
47.14
33,898
 
6
11.75
 
2
53.44
254,151
Slipping States
 
17
8.26
 
13
38.72
18,694
 
1
72.50
 
51
-22.37
6
 
10
10.51
 
22
30.53
1,407
 
14
9.23
 
24
28.89
834
 
4
15.74
 
47
10.17
76
 
3
21.07
 
46
12.37
2,380
 
8
10.98
 
29
24.08
165
 
11
10.31
 
15
36.31
708
 
2
25.81
 
7
42.81
14,071
 
15
8.89
 
23
29.70
7,891
 
7
11.65
 
8
42.42
18,152
 
5
12.27
 
21
30.72
83
 
12
10.20
 
33
21.85
794
 
19
8.05
 
34
21.11
277
 
13
9.76
 
31
23.55
717
Gaining States
 
30
4.80
 
5
45.64
2,186
Lagging States
 
38
1.95
 
6
43.17
2,669
 
40
1.74
 
16
35.74
10,926
 
21
7.84
 
11
39.15
9,578
 
50
-3.80
 
32
22.63
996
 
35
2.25
 
19
31.91
15,849
 
20
7.92
 
26
24.93
227
 
44
0.00
 
50
0.00
0
 
32
4.04
 
30
24.02
1,667
 
29
5.17
 
35
20.48
2,121
 
41
1.59
 
27
24.92
111
 
48
-2.33
 
43
12.82
1,385
 
47
-0.58
 
25
27.15
1,117
 
51
-8.93
 
44
12.45
1,368
 
34
3.21
 
17
33.78
15,334
 
28
5.54
 
45
12.41
278
 
36
2.18
 
28
24.11
188
 
24
6.99
 
14
37.24
2,607
 
46
-0.21
 
36
20.30
1,137
 
26
6.35
 
12
39.14
1,819
 
39
1.88
 
42
13.75
2,142
 
23
7.13
 
37
19.94
260
 
27
5.62
 
41
14.27
6,317
 
42
1.22
 
39
16.63
1,120
 
33
3.68
 
40
15.29
420
 
25
6.44
 
10
39.86
1,808
 
31
4.60
 
20
31.18
5,273
 
43
0.91
 
38
17.74
194
 
49
-3.45
 
49
6.81
1,150
 
37
1.95
 
48
9.51
557
 
22
7.52
 
9
39.92
14,675
 
45
-0.20
 
18
33.12
8,603
 
 
 
 
 
 
 
 
 
8.01
 
44.79
483,507
April 2023
REAP_PI_SA1900N_510200_LSGL
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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