Developed by the Edward Lowe Foundation, YourEconomy is a free research tool that enables visitors to take a closer look at business activity in their local communities—and across the United States.

YourEconomy presents a unique lens to view data from: Statistics are first sorted by three employer categories (noncommercial, nonresident and resident establishments). Then, resident establishments are subdivided into four stages that reflect different issues companies face as they grow. More details about the structure and significance of these categories can be found in the User’s Guide.

Composition, shows how establishments and jobs are distributed in a particular area according to employer categories and business stages. Visitors can look at statistics at the state, MSA, and country levels. Because it provides a baseline for viewing business activity, Composition is YourEconomy’s default view.

Coming soon… Growth will be YourEconomy’s next major component. This section will look at company openings, closings, expansions, contractions and relocations to see the net impact on number of establishments—and job gains and losses.

YourEconomy.org News
October 6, 2008, 7:55 PM

Focus on: Rochester, Minn. The Rochester, Minn., area is a leader when it comes to jobs generated by stage 4 companies (those with 500 or more employees). Here, stage 4 companies represent 44.9 percent of total jobs—30.1 percentage points above the U.S. (50-state) average.