What are the dominant industries in this area? Identify them by using regional economic indicators and describe them. Utilize local information such as webpages of the chamber of commerce or those of larger cities to give a short (10 sentences) explanation.
Using – County of New Castle, Delaware
USE – CENSUS.ORG ONLY
Regional Economic Indicators:
o Using economic base theory and regional economic indicators, your report must include the location quotients for years 2014, 2016, and 2018 in reference to the USA. Compute the basic and non-basic indicators for employment sectors for these years.
o Compute the base multipliers for 2014, 2016, and 2018 for the county.
o Present the shift-shares in percentages between 2014 and 2018 for local industries.
o What are the dominant industries in this area? Identify them by using regional economic indicators and describe them. Utilize local information such as webpages of the chamber of commerce or those of larger cities to give a short (10 sentences) explanation.
[Scope: Excel computations, and clean table for i.e. word document. Up to 1 page plus data table on another page]