Course Introduction: Overview, Format, and Objectives
Laying a Foundation for Economic Modeling
Methods for Researching the Competitive Strengths of a Region
Workforce and Growth: Using Data to Tell Your Region's Labor Market Story
Mapping Industry Clusters, Analyzing Interdependencies, and Identifying Targets
Tools for Evaluating and Communicating Economic and Fiscal Impacts

Leisure and Hospitality in Orlando: Check Your LQ Calculation

To recap: We’re looking at the Orlando-Kissimmee-Sanford Leisure and Hospitality Industry for 2016–and we’ll compare to the industry concentration for the entire U.S.

  • Total number of Leisure and Hospitality employment in the MSA:  247,860
  • Total local area employment: 1,157,536
  • Total number of Leisure and Hospitality employment in the U.S.: 15,556,625 
  • Total U.S. employment: 141,870,066

LQ = (247,860/1,157,536) /  (15,556,625/141,860,066)

Where:

  • 247,860 = ei
    (leisure and hospitality employment in the Orlando region),
  • 1,157,536 = et
    (total employment in the region),
  • 15,556,625 = Ei
    (leisure and hospitality employment in the U.S.), and
  • 141,860,066 = Et
    (total employment in the U.S.).