Leading, Slipping, Gaining, Lagging Analysis:
Assessing Arts, Entertainment, and Recreation Employment Growth
Across New Mexico Counties
Arts, Entertainment, and Recreation
Employment Growth
County vs Statewide Average: 2010-2018 and 2018
Arts, Entertainment, and Recreation
Employment Growth
New Mexico:
2010-2018 = 1.26%
2018 = 3.40%
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 arts, entertainment, and recreation employment growth across all of New Mexico's 33 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 New Mexico Regional Economic Analysis Project report, we adopt this approach to gauge and compare the arts, entertainment, and recreation employment growth of New Mexico's 33 counties over the latest available year (2018) against the backdrop of their growth over the long term period (2010-2018). In so doing we classify their growth and performance into 4 broad categories: Leading, Slipping, Gaining and Lagging.
Arts, Entertainment, and Recreation
Employment Growth
County vs Statewide Average: 2010-2018 and 2018
Arts, Entertainment, and Recreation
Employment Growth
New Mexico:
2010-2018 = 1.26%
2018 = 3.40%
This figure displays the 33 counties of New Mexico as dots on a scattergram, with the vertical axis representing the average annual arts, entertainment, and recreation employment growth rate over the long-term period (2010-2018), and the horizontal axis representing the arts, entertainment, and recreation employment growth rate for the near-term (2018).
This figure sets apart those counties whose long-term arts, entertainment, and recreation employment growth exceeded the statewide average of 1.26%, by portraying them in the top two quadrants demarcated at 1.26% on the vertical axis. County whose long-term average annual arts, entertainment, and recreation employment growth rate trailed the statewide average (1.26%) are distributed in the bottom two quadrants. In all, 10 counties surpassed the statewide average over 2010-2018, while 7 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 7 counties whose most recent (2018) arts, entertainment, and recreation employment growth rate exceeded the statewide average (3.40%). The two quadrants on the left feature those 10 counties whose arts, entertainment, and recreation employment growth over 2018 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 33 counties corresponding with their long-term (2010-2018) and near-term (2018) performance relative to their respective statewide averages of 1.26% over 2010-2018 and 3.40% over 2018:
Leading counties () (top-right quadrant)...are counties whose average annual arts, entertainment, and recreation employment growth rate surpassed the statewide average both long-term (1.26%) and near-term (3.40%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual arts, entertainment, and recreation employment growth rate exceeded the statewide average (1.26%), but whose near-term growth has "slipped" by falling below the New Mexico average (3.40%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual arts, entertainment, and recreation employment growth rate fell below the statewide average (1.26%), but whose near-term growth has "gained" by registering above the average (3.40%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual arts, entertainment, and recreation employment growth rate fell under the statewide average both long-term (1.26%) and near-term (3.40%).
   
 
Summary of New Mexico's 33 County Totals
 
Short Term Average
 
 
Below
(3.40%)
Above
(3.40%)
 
Long
Term
Average
Above
(1.26%)
5
5
10
Below
(1.26%)
5
2
7
 
10
7
17
 
   
Leading Counties
2018 vs. 2010-2018 Averages
Leading Counties
New Mexico:
2010-2018 = 1.26%
2018 = 3.40%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the New Mexico counties classified as Leading. These counties surpassed New Mexico's average annual arts, entertainment, and recreation employment growth both long-term (2010-2018 = 1.26%) as well as near-term (2018 = 3.40%). Each is identified by its corresponding ranking based on it's average annual arts, entertainment, and recreation employment growth rate over 2010-2018.
Of New Mexico's 33 counties, 5 (15%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2018 vs. 2010-2018 Averages
Slipping Counties
New Mexico:
2010-2018 = 1.26%
2018 = 3.40%
This figure depicts the distribution of the 5 New Mexico counties classified as Slipping (top-left quadrant), in that their long-term average annual arts, entertainment, and recreation employment growth rate outpaced the average statewide (2010-2018 = 1.26%), while they trailed the statewide average near-term (2018 = 3.40%). Again, each county is identified by it's corresponding ranking based on its average annual arts, entertainment, and recreation employment growth rate over 2010-2018.
Observe that 5 (15%) of New Mexico's 33 counties are classified as Slipping (). Those counties ranked by their long-term average include:
Gaining Counties
2018 vs. 2010-2018 Averages
Gaining Counties
New Mexico:
2010-2018 = 1.26%
2018 = 3.40%
This figure shows the distribution of the 2 New Mexico counties classified as Gaining (bottom-right quadrant), in that their long-term average annual arts, entertainment, and recreation employment growth rate posted below the average statewide (2010-2018 = 1.26%), while they outpaced New Mexico's average near-term (2018 = 3.40%). Again, each county is identified by its corresponding ranking based on its average annual arts, entertainment, and recreation employment growth rate over 2010-2018.
Of New Mexico's 33 counties, only 6% (2) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2018 vs. 2010-2018 Averages
Lagging Counties
New Mexico:
2010-2018 = 1.26%
2018 = 3.40%
This figure depicts the distributions of the 5 New Mexico counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual arts, entertainment, and recreation employment growth both long-term (2010-2018 = 1.26%) as well as near-term (2018 = 3.40%). Again, each county is identified by its corresponding ranking based on it's average annual arts, entertainment, and recreation employment growth rate over 2010-2018.
15% of New Mexico's counties, 5 of 33, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
New Mexico
Arts, Entertainment, and Recreation Employment Growth
County vs. Statewide Average
 
2010-2018
 
2018
 
 
Leading Counties
 
4
4.51
 
2
6.20
274
 
1
7.83
 
4
5.26
20
 
6
2.17
 
1
10.25
355
 
7
2.07
 
6
4.05
437
 
8
2.05
 
3
5.92
5,149
Slipping Counties
 
5
2.33
 
11
3.18
9,869
 
3
5.76
 
17
0.78
129
 
2
5.84
 
18
0.00
206
 
10
1.49
 
15
1.12
90
 
9
1.99
 
14
1.28
1,578
Gaining Counties
 
14
-0.39
 
8
3.72
2,064
 
13
0.10
 
7
3.91
1,487
Lagging Counties
 
12
0.57
 
16
0.81
373
 
17
-3.44
 
18
0.00
93
 
16
-0.72
 
20
-0.63
792
 
11
0.63
 
22
-6.69
307
 
15
-0.71
 
13
1.96
104
Undefined/Suppressed Counties
 
U
U
 
12
2.94
35
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
10
3.20
290
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
21
-4.65
123
 
U
U
 
5
4.71
89
 
U
U
 
S
S
105
 
U
U
 
9
3.23
32
 
U
U
 
S
S
339
 
 
 
 
 
 
 
 
 
1.26
 
3.40
26,008
 
 
 
 
 
 
 
 
 
2.53
 
3.68
4,684,900
November 2019
REAP_PI_CA1500N_511700_LSGL
 
   
Copyright © 2019. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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