PERI™ measures the economic resiliency of a metro area compared with the 50-Metro area average (i.e. Washington D.C is 2.53x more resilient than the 50-Metro average). 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. (1)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 (i.e. Austin is 1.95x more resilient than the 50-Metro average).
*Higher resiliency index indicates greater economic stability during recessionary periods. Employment growth is based on a 20-year average through November 30, 2022.
(1) As of June 30, 2022, 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. 25 metros shown for presentation purposes; rankings for all 50 metros available upon request.
| Resiliency Index* | |
|---|---|
| Washington D.C. | 2.53 |
| Austin | 1.96 |
| Sacramento | 1.84 |
| Raleigh | 1.77 |
| San Francisco-Bay Area | 1.65 |
| Boston | 1.44 |
| Denver | 1.42 |
| Salt Lake City | 1.32 |
| Atlanta | 1.20 |
| Dallas | 1.14 |
| San Diego | 1.14 |
| Nashville | 1.11 |
| Phoenix | 1.08 |
| Seattle | 1.02 |
| New York City | 1.01 |
| Portland | 0.99 |
| Miami | 0.94 |
| Indianapolis | 0.94 |
| Chicago | 0.84 |
| Pittsburgh | 0.78 |
| Houston | 0.78 |
| Los Angeles | 0.67 |
| New Orleans | 0.48 |
| Orlando | 0.44 |
| Detroit | 0.39 |
| Las Vegas | -0.04 |
| 50-Metro Average | 1.00 |
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