DeepDive

 

Welcome to the deep dive data tool.

 

Defining a few key terms

Import Index = how much of the sector we have compared to what is expected for an economy our size.
  • We only have 22% of the expected amount of armored car
    services (suggesting we may be importing the other 78%)
  • The lower the number, the bigger the gap
Jobs Potential= the number of jobs it would take to bring the sector to 100% of the benchmark.
  • In other words, the number of sector jobs we’re missing
    out on.
  • This is an indicator of the “scale” of the gap. The greater
    the Jobs Potential, the greater the indicated opportunity.
Average Wages = the average wages for the Industry Sector in the Asheville MSA area.
Growth % = how much the Sector grew from 2010-2015 in the Asheville MSA
  • In this case (0%) the industry was flat.
  • In general, a growing industry (in Asheville as well as
    the US) may indicate a stronger business opportunity.

Import Index + Jobs Potential + Wages + Growth % = Opportunity Score

  • A scale of 1-10: 1 suggests a little opportunity, 10 suggests a LOT
    of opportunity.

 

Click on the image below to access the interactive version