Leading, Slipping, Gaining, Lagging Analysis:
Assessing Accommodation and Food Services Employment Growth
Across Virginia Counties
Accommodation and Food Services
Employment Growth
County vs Statewide Average: 2010-2022 and 2022
Accommodation and Food Services
Employment Growth
Virginia:
2010-2022 = 1.30%
2022 = 8.03%
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 accommodation and food services employment growth across all of Virginia's 82 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 Virginia Regional Economic Analysis Project report, we adopt this approach to gauge and compare the accommodation and food services employment growth of Virginia's 82 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.
Accommodation and Food Services
Employment Growth
County vs Statewide Average: 2010-2022 and 2022
Accommodation and Food Services
Employment Growth
Virginia:
2010-2022 = 1.30%
2022 = 8.03%
This figure displays the 82 counties of Virginia as dots on a scattergram, with the vertical axis representing the average annual accommodation and food services employment growth rate over the long-term period (2010-2022), and the horizontal axis representing the accommodation and food services employment growth rate for the near-term (2022).
This figure sets apart those counties whose long-term accommodation and food services employment growth exceeded the statewide average of 1.30%, by portraying them in the top two quadrants demarcated at 1.30% on the vertical axis. County whose long-term average annual accommodation and food services employment growth rate trailed the statewide average (1.30%) are distributed in the bottom two quadrants. In all, 24 counties surpassed the statewide average over 2010-2022, while 26 counties fell below.
Similarly, the two quadrants on the right of this figure present the positions of the 18 counties whose most recent (2022) accommodation and food services employment growth rate exceeded the statewide average (8.03%). The two quadrants on the left feature those 32 counties whose accommodation and food services employment growth over 2022 trailed the statewide average.
Accordingly, each quadrant portrays the performance of all 82 counties corresponding with their long-term (2010-2022) and near-term (2022) performance relative to their respective statewide averages of 1.30% over 2010-2022 and 8.03% over 2022:
Leading counties () (top-right quadrant)...are counties whose average annual accommodation and food services employment growth rate surpassed the statewide average both long-term (1.30%) and near-term (8.03%).
Slipping counties () (top-left quadrant)...are counties whose long-term average annual accommodation and food services employment growth rate exceeded the statewide average (1.30%), but whose near-term growth has "slipped" by falling below the Virginia average (8.03%).
Gaining counties () (bottom-right quadrant)...are counties whose long-term average annual accommodation and food services employment growth rate fell below the statewide average (1.30%), but whose near-term growth has "gained" by registering above the average (8.03%) statewide.
Lagging counties () (bottom-left quadrant)...are counties whose average annual accommodation and food services employment growth rate fell under the statewide average both long-term (1.30%) and near-term (8.03%).
   
 
Summary of Virginia's 82 County Totals
 
Short Term Average
 
 
Below
(8.03%)
Above
(8.03%)
 
Long
Term
Average
Above
(1.30%)
13
11
24
Below
(1.30%)
19
7
26
 
32
18
50
 
   
Leading Counties
2022 vs. 2010-2022 Averages
Leading Counties
white dot
Virginia:
2010-2022 = 1.30%
2022 = 8.03%
Turning attention to the top-right quadrant from the discussion above, this figure features the distribution of the Virginia counties classified as Leading. These counties surpassed Virginia's average annual accommodation and food services employment growth both long-term (2010-2022 = 1.30%) as well as near-term (2022 = 8.03%). Each is identified by its corresponding ranking based on it's average annual accommodation and food services employment growth rate over 2010-2022.
Of Virginia's 82 counties, just 11 (13%) are classified within the Leading () category. Those counties ranked by their long-term average include:
Slipping Counties
2022 vs. 2010-2022 Averages
Slipping Counties
Virginia:
2010-2022 = 1.30%
2022 = 8.03%
This figure depicts the distribution of the 13 Virginia counties classified as Slipping (top-left quadrant), in that their long-term average annual accommodation and food services employment growth rate outpaced the average statewide (2010-2022 = 1.30%), while they trailed the statewide average near-term (2022 = 8.03%). Again, each county is identified by it's corresponding ranking based on its average annual accommodation and food services employment growth rate over 2010-2022.
Observe that 13 (16%) of Virginia's 82 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
Virginia:
2010-2022 = 1.30%
2022 = 8.03%
This figure shows the distribution of the 7 Virginia counties classified as Gaining (bottom-right quadrant), in that their long-term average annual accommodation and food services employment growth rate posted below the average statewide (2010-2022 = 1.30%), while they outpaced Virginia's average near-term (2022 = 8.03%). Again, each county is identified by its corresponding ranking based on its average annual accommodation and food services employment growth rate over 2010-2022.
Of Virginia's 82 counties, only 9% (7) are featured as Gaining (). Those counties ranked by their long-term average include:
Lagging Counties
2022 vs. 2010-2022 Averages
Lagging Counties
white dot
Virginia:
2010-2022 = 1.30%
2022 = 8.03%
This figure depicts the distributions of the 19 Virginia counties classified as Lagging (bottom-left quadrant). These counties trailed the statewide average annual accommodation and food services employment growth both long-term (2010-2022 = 1.30%) as well as near-term (2022 = 8.03%). Again, each county is identified by its corresponding ranking based on it's average annual accommodation and food services employment growth rate over 2010-2022.
23% of Virginia's counties, 19 of 82, are characterized here as Lagging (). Those counties ranked by their long-term average include:
   
 
Virginia
Accommodation and Food Services Employment Growth
County vs. Statewide Average
 
2010-2022
 
2022
 
 
Leading Counties
 
21
1.56
 
14
10.46
718
 
16
2.10
 
9
12.25
339
 
10
3.15
 
7
13.78
322
 
12
2.55
 
10
12.01
1,352
 
1
5.89
 
4
15.87
657
 
4
4.99
 
3
16.04
528
 
11
2.60
 
17
8.41
1,212
 
5
3.88
 
12
11.26
18,348
 
17
1.84
 
5
14.53
922
 
3
5.00
 
8
13.78
702
 
7
3.69
 
2
16.09
13,086
Slipping Counties
 
15
2.15
 
26
6.24
545
 
18
1.78
 
21
7.12
13,608
 
13
2.28
 
23
6.79
1,525
 
23
1.43
 
28
5.93
2,484
 
19
1.71
 
32
5.04
4,335
 
8
3.40
 
42
2.75
374
 
2
5.33
 
54
-1.93
761
 
14
2.18
 
53
-1.70
346
 
9
3.17
 
36
3.91
478
 
20
1.68
 
45
1.86
4,099
 
22
1.50
 
29
5.78
1,537
 
6
3.75
 
27
6.24
3,594
 
24
1.35
 
30
5.76
26,053
Gaining Counties
 
34
0.54
 
1
18.19
14,263
 
26
0.99
 
18
8.39
16,426
 
47
-0.65
 
11
11.70
697
 
46
-0.65
 
16
8.61
1,476
 
48
-0.69
 
15
10.45
1,258
 
44
-0.62
 
13
11.22
1,368
 
30
0.77
 
6
14.05
8,598
Lagging Counties
 
32
0.72
 
44
2.04
1,349
 
50
-1.90
 
55
-2.09
374
 
49
-0.70
 
60
-9.27
323
 
28
0.91
 
37
3.85
1,240
 
38
-0.12
 
47
1.59
961
 
27
0.94
 
19
7.96
597
 
40
-0.25
 
59
-8.39
142
 
39
-0.17
 
20
7.17
1,226
 
37
0.20
 
58
-6.04
171
 
42
-0.31
 
46
1.75
698
 
45
-0.63
 
39
3.31
1,093
 
31
0.73
 
35
4.05
1,054
 
43
-0.60
 
49
0.00
327
 
35
0.45
 
33
4.91
10,423
 
29
0.87
 
24
6.65
6,110
 
36
0.40
 
40
2.97
7,584
 
33
0.66
 
22
6.93
11,335
 
25
1.01
 
48
1.48
2,676
 
41
-0.31
 
34
4.08
6,073
Undefined/Suppressed Counties
 
U
U
 
S
S
S
 
U
U
 
38
3.57
348
 
U
U
 
S
S
S
 
U
U
 
51
-0.57
1,743
 
U
U
 
S
S
S
 
U
U
 
56
-2.21
839
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
57
-3.29
147
 
U
U
 
49
0.00
59
 
U
U
 
61
-11.93
96
 
U
U
 
S
S
S
 
U
U
 
25
6.56
65
 
U
U
 
S
S
S
 
U
U
 
S
S
503
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
43
2.39
599
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
31
5.60
264
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
52
-0.66
151
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
U
U
 
41
2.92
740
 
U
U
 
S
S
S
 
U
U
 
S
S
S
 
 
 
 
 
 
 
 
 
1.30
 
8.03
361,453
 
 
 
 
 
 
 
 
 
1.87
 
9.59
14,750,300
November 2023
REAP_PI_CA1500N_511800_LSGL
 
   
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