- June 29, 2017
- Posted by: matt
- Category: Blog
I keep waiting for the big data revolution to hit us in the world of economic development.Â Â While the wait continues, Iâ€™ve recently been seeing some cool and intriguing uses of data and new visualization tools like Tableau.Â Hereâ€™s a rundown of cool stuff that we might call â€œlittle dataâ€ for now.Â Iâ€™ve got three good examples to share from a local, state, and a national perspective.
- The Economic Innovation Groupâ€™s Index of State Dynamism:Â This is a really interesting assessment of the slowdown of US dynamism, reflected in lower business starts, fewer relocations and the like. Â Itâ€™s good research to begin with, but, thanks to the use of Tableau, you can also access a very enlightening timeline that shows dynamism trends by state from 1992 to 2014.
- TNECD Performance Metrics:Â Tennesseeâ€™s Department of Economic and Community Development (TNECD) has just released an excellent new dashboard for their performance metrics.Â Itâ€™s a clean and very helpful site, and also includes some useful and distinctive metrics for various parts of the TNECD portfolio.
- Gilbert AZ Office of Economic Development:Â In Gilbert, AZ, the Office of Economic Development is using Tableau software to create data visualizations related to local workforce trends. Â This material is targeted to employers and provides a quick and compelling picture of the local talent base.
Better dataâ€”and better data visualizationâ€”is not just cool.Â It can have a real impact on how policies are developed and delivered—thatâ€™s the real bottom line.Â Â So, one last reference is to check out a new report, Learning to Thrive:Â How Data Can Fuel Better Workforce Development Results.Â This study portrays how focused benchmarking efforts, and improved data, have led to improved workforce programs and results in Minnesotaâ€™s Twin Cities.