The Pathfinder Economic Resiliency Index^TM (PERI^TM)

PERI™ measures the resiliency of 50 metro areas, including Pathfinder’s six western U.S. target markets. One-fifth of the weighting is determined by a 20-year average of employment growth; four-fifths is determined by concentration of employment in three industry sectors seen as resilient and non-resilient. The three resilient sectors are high technology, finance and government/defense; the three non-resilient sectors are tourism, capital goods manufacturing and energy/natural resources. This component of the index adds a metro area’s proportionate employment from the positive sectors and subtracts the proportionate employment from the negative sectors. PERI™ measures the economic resiliency of a metro area compared with the 50-Metro area average (e.g. Austin is 1.7x more resilient than the 50-Metro average).