Leading, Slipping, Gaining, Lagging Analysis:
Assessing Local Government Earnings Growth
Across Illinois Counties
Real* Local Government
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Local Government
Earnings Growth
Illinois:
2010-2022 = 1.69%
2022 = 2.31%
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 local government earnings growth across all of Illinois' 102 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 Illinois Regional Economic Analysis Project report, we adopt this approach to gauge and compare the real local government earnings growth of Illinois' 102 counties 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* Local Government
Earnings Growth
County vs Statewide Average: 2010-2022 and 2022
Real* Local Government
Earnings Growth
Illinois:
2010-2022 = 1.69%
2022 = 2.31%
This figure displays the 102 counties of Illinois as dots on a scattergram, with the vertical axis representing the average annual real local government earnings growth rate over the long-term period (2010-2022), and the horizontal axis representing the real local government earnings growth rate for the near-term (2022).
This figure sets apart those counties whose long-term real local government earnings growth exceeded the statewide average of 1.69%, by portraying them in the top two quadrants demarcated at 1.69% on the vertical axis. County whose long-term average annual real local government earnings growth rate trailed the statewide average (1.69%) are distributed in the bottom two quadrants. In all, 20 counties surpassed the statewide average over 2010-2022, while 37 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 14 counties whose most recent (2022) real local government earnings growth rate exceeded the statewide average (2.31%). The two quadrants on the left feature those 43 counties whose real local government earnings growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 102 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 1.69% over 2010-2022 and 2.31% over 2022:
Leading counties () (top-right quadrant)...are counties whose average annual real local government earnings growth rate surpassed the statewide average both long-term (1.69%) and near-term (2.31%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual real local government earnings growth rate exceeded the statewide average (1.69%), but whose near-term growth has "slipped" by falling below the Illinois average (2.31%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual real local government earnings growth rate fell below the statewide average (1.69%), but whose near-term growth has "gained" by registering above the average (2.31%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual real local government earnings growth rate fell under the statewide average both long-term (1.69%) and near-term (2.31%).
   
 
Summary of Illinois' 102 County Totals
 
Short Term Average
 
 
Below
(2.31%)
Above
(2.31%)
 
Long
Term
Average
Above
(1.69%)
14
6
20
Below
(1.69%)
29
8
37
 
43
14
57
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Illinois:
2010-2022 = 1.69%
2022 = 2.31%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Illinois counties classified as Leading. These counties surpassed Illinois' average annual real local government earnings growth both long-term (2010-2022 = 1.69%) as well as near-term (2022 = 2.31%). Each is identified by its corresponding ranking based on it's average annual real local government earnings growth rate over 2010-2022.
Of Illinois' 102 counties, just 6 (6%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Illinois:
2010-2022 = 1.69%
2022 = 2.31%
This figure depicts the distribution of the 14 Illinois counties classified as Slipping (top-left quadrant), in that their long-term average annual real local government earnings growth rate outpaced the average statewide (2010-2022 = 1.69%), while they trailed the statewide average near-term (2022 = 2.31%). Again, each county is identified by it's corresponding ranking based on its average annual real local government earnings growth rate over 2010-2022.
Only 14 (14%) of Illinois' 102 counties are classified as Slipping (). Those counties ranked by their long-term average include:
Gaining Counties
2022 vs. 2010-2022 Averages
Gaining Counties
white dot
Illinois:
2010-2022 = 1.69%
2022 = 2.31%
This figure shows the distribution of the 8 Illinois counties classified as Gaining (bottom-right quadrant), in that their long-term average annual real local government earnings growth rate posted below the average statewide (2010-2022 = 1.69%), while they outpaced Illinois' average near-term (2022 = 2.31%). Again, each county is identified by its corresponding ranking based on its average annual real local government earnings growth rate over 2010-2022.
Of Illinois' 102 counties, only 8% (8) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2022 vs. 2010-2022 Averages
Lagging Counties
white dot
Illinois:
2010-2022 = 1.69%
2022 = 2.31%
This figure depicts the distributions of the 29 Illinois counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual real local government earnings growth both long-term (2010-2022 = 1.69%) as well as near-term (2022 = 2.31%). Again, each county is identified by its corresponding ranking based on it's average annual real local government earnings growth rate over 2010-2022.
28% of Illinois' counties, 29 of 102, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Illinois
Real* Local Government Earnings Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
11
2.24
 
7
3.95
58,978
 
20
1.69
 
13
2.56
14,118
 
6
2.84
 
6
4.14
84,778
 
7
2.46
 
1
10.74
59,305
 
17
1.73
 
9
3.80
39,309
 
8
2.39
 
4
4.67
95,748
Slipping Counties
 
12
2.13
 
49
-0.03
39,584
 
14
2.06
 
26
1.82
153,272
 
10
2.28
 
33
1.40
54,807
 
3
3.22
 
56
-1.56
195,805
 
4
2.98
 
27
1.74
82,193
 
1
4.07
 
59
-3.18
444,387
 
19
1.71
 
22
2.03
92,781
 
18
1.71
 
38
0.98
99,198
 
15
1.91
 
45
0.78
50,749
 
13
2.09
 
19
2.12
15,150
 
16
1.85
 
41
0.93
29,837
 
2
3.33
 
48
0.02
74,679
 
5
2.93
 
47
0.63
46,730
 
9
2.28
 
40
0.96
113,171
Gaining Counties
 
54
0.03
 
12
2.92
34,845
 
22
1.66
 
10
3.57
23,205,703
 
47
0.93
 
5
4.39
11,869
 
50
0.76
 
2
7.95
49,206
 
56
-0.28
 
11
3.56
7,645
 
46
0.95
 
3
5.44
22,932
 
24
1.63
 
8
3.83
174,879
 
30
1.41
 
14
2.39
40,643
Lagging Counties
 
55
-0.01
 
65
-13.19
98,525
 
35
1.25
 
63
-5.71
11,047
 
25
1.61
 
21
2.09
43,852
 
37
1.20
 
36
1.05
43,356
 
42
1.05
 
58
-2.22
24,496
 
40
1.09
 
25
1.86
56,178
 
31
1.41
 
24
1.90
43,177
 
33
1.36
 
53
-0.47
105,232
 
36
1.23
 
44
0.84
33,096
 
48
0.89
 
51
-0.24
29,785
 
45
0.95
 
52
-0.28
15,899
 
43
1.01
 
54
-0.61
67,611
 
41
1.05
 
50
-0.10
30,693
 
27
1.47
 
17
2.13
342,803
 
23
1.63
 
55
-0.83
127,217
 
28
1.47
 
43
0.88
766,932
 
34
1.27
 
32
1.51
57,847
 
44
1.00
 
34
1.33
33,134
 
57
-0.99
 
62
-5.45
40,866
 
29
1.43
 
23
2.00
82,611
 
53
0.38
 
61
-4.50
27,203
 
32
1.37
 
15
2.26
44,006
 
39
1.18
 
37
1.04
49,926
 
38
1.19
 
28
1.62
736,083
 
52
0.52
 
64
-9.22
14,398
 
26
1.52
 
30
1.54
43,318
 
49
0.85
 
18
2.13
13,263
 
51
0.72
 
60
-3.50
39,672
 
21
1.66
 
16
2.13
46,882
Undefined/Suppressed Counties
 
U
U
 
S
S
S
 
U
U
 
20
2.09
14,822
 
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
 
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
 
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
 
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
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
39
0.97
1,050,566
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
35
1.28
124,871
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
8,929
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
57
-1.78
145,805
 
U
U
 
46
0.69
418,396
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
31
1.53
341,374
 
U
U
 
S
S
S
 
U
U
 
42
0.91
228,540
 
U
U
 
29
1.59
920,644
 
 
 
 
 
 
 
 
 
1.69
 
2.31
50,112,749
 
 
 
 
 
 
 
 
 
2.47
 
2.84
1,199,218,000
November 2023
REAP_PI_CA1600N_620320_LSGL
 
   
Analysis Options Menu
Select Year Interval
to
Select Alternative Industry
Highlight a Region (Optional)
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

Please stay tuned...
while your request is processing:

Please wait while your request is being processed...
To offer the most comprehensive set of interactive options in support of your research, IL-REAP calculates and crunches most of the data and generates the narrative and graphic analysis on demand in response to your request.
Your request will soon be available.
Just a few more seconds....Your request has been generated and is now loading the results.