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

 

Why Mountain BizWorks

We help entreprenuers overcome obstacles, grow strategically, and create jobs.

Our work is all about creating a healthy economy and community in the WNC region. We believe in dreamers and are radically improving their ability to become entreprenuers.