Regional Economic Research Institute

Industry Diversification Project: Second Quarter 2022 Report

June 22, 2022 / RERI Research Team / Tag: Industry Diversification Project

The RERI has published the Industry Diversification Report for the second quarter of 2022. The goal of the IDI is to measure industry diversification and, by extension, that of the workforce, in each of Florida’s 24 workforce regions, the state of Florida, and the remaining 49 states. The index measure is computed quarterly, soon after the release of workforce data from the Florida Department of Economic Opportunity’s Quarterly Census of Employment and Wages. It spans from 0 to 10, with 0 signifying no diversification (or an economy characterized by a single industry), and 10 signifying perfect diversification (no concentration).

Regional Economic Indicators: June 2022 Report

June 01, 2022 / RERI Research Team / Tags: regional economic indicators, reports

The RERI has published Regional Economic Indicators for June 2022. The monthly publication represents a collection and analysis of economic indicators including airport passenger activity, taxable sales, tourist tax revenues, labor force, employment, real estate, and consumer sentiment for the Southwest Florida workforce region.

Issue Brief: Financial Literacy and Small Business Resilience

June 01, 2022 / RERI Research Team / Tags: issue brief, reports

The Covid-19 pandemic is the most significant economic shock in modern history. Overnight, the country went from steady growth and full employment to a full stop. As lockdowns were implemented, businesses shuddered operations. Since March 2020, we have developed ways to cope with the virus, but even two years later, we continue to deal with supply chain disruptions, virus variants, and remarkably changed business landscape.