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 (i.e. Washington D.C is 2.53x 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.
|San Francisco-Bay Area||1.65|
|Salt Lake City||1.32|
|New York City||1.01|
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