Regional economic activity is measured by the Coastal Empire Coincident Economic Index. The index is developed from underlying indicators of current economic activity important in Bryan, Chatham and Effingham Counties. The variables are employment, port activity, electricity sales, retail sales, hotel room rentals, airport boardings and consumer confidence in the South Atlantic states. The data are adjusted for typical seasonal swings and the effect of inflation so that the combined index clearly reflects regional economic activity. The data is summarized and analyzed in a complementary quarterly publication, the Economic Monitor, and is available by email and at the Center for Regional Analysis website.
Why is it important?
The index measures the current economic heartbeat of the region. Overall, a strong economy provides opportunities for income and employment growth and thereby increases the standard of living. The health of the regional economy affects the
well-being of its citizens, businesses and institutions.
COASTAL EMPIRE ECONOMIC INDEXES
Source: AASU Center for Regional Analysis
|Year||Coincident Index||Leading Index|