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Useful Stats: U.S. poverty rates by county for 1989, 1999, 2015

Thursday, June 8, 2017

More than 46 million Americans, nearly 15 percent of the population, lived in poverty in 2015, according to the U.S. Census Bureau’s Small Area Income and Poverty Estimates. Compared against census data for 1999, more than 2,500 of the country’s 3,100-plus counties saw their rate increase. In 2015, 753 counties had a poverty rate of at least 20 percent — and 415 of these counties have been above this threshold in census data dating back to at least 1989.

  • Read more about Useful Stats: U.S. poverty rates by county for 1989, 1999, 2015

Useful Stats: GDP Per Capita by State, 2015-2016

Thursday, May 11, 2017

Every state and the District of Columbia experienced real GDP growth in the fourth quarter of 2016, according to the latest estimates released by the U.S. Bureau of Economic Analysis. The positive news means only energy-dependent Alaska, North Dakota and Wyoming saw real GDP fall over the year compared to the end of 2015. Experiencing growth of more than 5 percent between 2015 and 2016 were the District of Columbia, Nevada, Utah and Washington.

  • Read more about Useful Stats: GDP Per Capita by State, 2015-2016

Useful Stats: Personal income grows, state ranks largely unchanged

Thursday, April 20, 2017

According to the most recent U.S. Bureau of Economic Analysis state personal income data, national per capita income grew 4.0 percent from 2015 to 2016, and growth since 2012 is at 12.0 percent. States are experiencing this growth disparately, however, with five-year growth rates ranging from -0.6 percent (North Dakota) to 17.6 percent (California). Over this period, few states experienced significant changes in their performance relative to their peers — just four states moved more than five rankings — but shifts between income quintiles and variable growth rates suggest that more movement will be witnessed over the next few years.

  • Read more about Useful Stats: Personal income grows, state ranks largely unchanged

Useful Stats: Contraction of VC investing continues

Thursday, April 6, 2017

The number of companies receiving venture capital investments during the first quarter of 2017 dropped 24 percent compared to a year ago, according to the latest NVCA-Pitchbook Venture Capital Monitor, released Tuesday.  Venture capitalists also parted with 12 percent less money during the quarter, suggesting to the report’s authors that 2017 is on pace to compare to 2013 levels.

  • Read more about Useful Stats: Contraction of VC investing continues

Useful Stats: Six-Year Survival Rates, Entrepreneurship, and the Great Recession

Thursday, July 31, 2014

As the Great Recession wanes, an increasing amount of research has been conducted to assess its impact on entrepreneurship in the United States. Authors with the Kauffman Foundation found that firm formation in the United States is remarkably constant over time, although the death rate of companies rises during recessions.

  • Read more about Useful Stats: Six-Year Survival Rates, Entrepreneurship, and the Great Recession

Useful Stats: 50 State Table Reveals University R&D Change Over Five Years

Wednesday, December 14, 2016

Nearly half of the U.S. states and the District of Columbia saw a 10 percent or greater increase in higher education R&D expenditures from FY 2010 to FY 2015 with five of those states (Connecticut, Georgia, Massachusetts, Nebraska, and Utah) seeing at least a 20 percent change, according to the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey for 2015. Between FY10-15 overall U.S. research and development (R&D) spending at U.S.

  • Read more about Useful Stats: 50 State Table Reveals University R&D Change Over Five Years

Useful Stats: Gross Metropolitan Product Per Capita, 2010-2015

Thursday, October 13, 2016

Between 2010 and 2015, the vast majority of metro areas experienced growth in gross metropolitan product (GMP), led by energy-intensive regions such as Odessa, TX, and Bismarck, ND, according to an SSTI analysis of recently released data from the U.S. Bureau of Economic Analysis (BEA). The Elkhart, IN, and San Jose, CA, metropolitan areas experienced the largest increase in GMP per capita over the same period.

  • Read more about Useful Stats: Gross Metropolitan Product Per Capita, 2010-2015

Useful Stats: Business R&D Performance, by State (2010-2013)

Thursday, August 11, 2016

U.S. companies continue to emphasize innovation, as private performance of R&D increased for the fourth consecutive year, according to recently released data from the National Science Foundation. In total, U.S. businesses performed 6.7 percent more R&D in 2013 than in 2012, according to the data, and nearly 19 percent more R&D from 2010 to 2013. Combined, the top 10 states performed approximately two-thirds (65.3 percent) of all private research and development in the United States, led by California, whose $89.4 billion in corporate R&D performance accounted for 27.7 percent of the national total.

  • Read more about Useful Stats: Business R&D Performance, by State (2010-2013)

Useful Stats: Per Capita Personal Income by State, 2010-2015

Thursday, March 31, 2016

North Dakota led the country in per capita personal income gains between 2010-2015, according to data released by the Bureau of Economic Analysis (BEA). While average (mean) incomes rose 18.4 percent around the U.S. during that time, North Dakota incomes rose by 26.8 percent from $42,964 in 2010 to $54,376 in 2015. Changes in mean income can obscure discrepancies between demographic groups and concentration of wealth, but demonstrate some of the key economic trends of the last few years.

  • Read more about Useful Stats: Per Capita Personal Income by State, 2010-2015

Useful Stats: Share of U.S. Venture Capital Activity and Per Capita Investment by State, 2010-2015

Wednesday, February 24, 2016

More than three-quarters of U.S. venture capital dollars went to companies in California, New York and Massachusetts in 2015, according to data from the PricewaterhouseCoopers (PwC)/National Venture Capital Association (NVCA) Moneytree Report. California companies received over 57 percent of all U.S. investment, about 0.5 percent down from the state’s peak in 2014. Both New York and Massachusetts received about 10 percent of U.S. dollars. Washington, the state with the fourth highest share, trailed far behind at 2.1 percent.

  • Read more about Useful Stats: Share of U.S. Venture Capital Activity and Per Capita Investment by State, 2010-2015

Useful Stats: Venture Capital Investment Per Capita by Metro, 2015

Thursday, February 18, 2016

Despite a small decrease in venture capital deals last year, the San Francisco-Oakland-Fremont metropolitan area remains the most active investment regions on a per capita basis, according to data from the PricewaterhouseCoopers (PwC)/National Venture Capital Association (NVCA) MoneyTree Report. San Francisco led all other MSAs in both total dollars and per capita activity, with its $21 billion in 2015 investment averaging about $4,500 per metro resident.

  • Read more about Useful Stats: Venture Capital Investment Per Capita by Metro, 2015

Useful Stats: Venture Capital Dollars and Deals by State, 2010-2015

Thursday, February 4, 2016

Last year, the venture capital investment hit a 15-year high, with total dollars topping every year since 2000. A slow fourth quarter brought the remarkable trajectory of the year back down to earth, but with a total of $11.3 billion invested, 2015 became the second highest year on record since PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA) began the Moneytree Report in 1995. Much of this growth was due to larger deals, and, in fact, the total number of deals was down from the previous year.

  • Read more about Useful Stats: Venture Capital Dollars and Deals by State, 2010-2015

Useful Stats: Sources of Private R&D Funding by State, 2012

Thursday, November 12, 2015

California-based companies performed about $81.7 billion in research and development (R&D) in 2012, according to the latest data available from the National Science Foundation (NSF). That figure represents about 27 percent of all private R&D funding in the U.S. Not all of that funding, however, derived from the companies themselves. The federal government provided about 9.3 percent of the funds for California-based company R&D in 2012.

  • Read more about Useful Stats: Sources of Private R&D Funding by State, 2012

Useful Stats: Gross State Product Increases Nationwide Since 2009

Thursday, September 24, 2015

Economic conditions across the country continue to improve, according to the Bureau of Economic Analysis’ (BEA) latest release of gross state product (GSP) data. GSP is derived as the sum of the gross domestic product originating in all the industries in a state. The period between 2008 and 2009, where the U.S. GDP decreased by 2 percent, marked a transition for many states, where their gross state product either decreased from the year before or where their growth rate was subdued.

  • Read more about Useful Stats: Gross State Product Increases Nationwide Since 2009

Useful Stats: Higher Education Research Expenditures by State and Funding Source, FY12

Thursday, March 20, 2014

North Carolina universities receive a larger share of research dollars from businesses than higher education institutions in any other state, according to the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey. The most recent survey provides data on research expenditures by source for each state and territory for FY12. Wisconsin and the District of Columbia received the greatest share of R&D funding from nonprofits, while Wyoming, Maryland Guam and the Virgin Island receive the largest share of funding from the federal government.

  • Read more about Useful Stats: Higher Education Research Expenditures by State and Funding Source, FY12

Useful Stats: Venture Capital Investment Dollars, Deals by State, 2009-2014

Thursday, January 22, 2015

U.S. venture capital investment hit $48.3 billion in 2014, its highest level since 2000, according to data from the National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PwC). Investments jumped 61 percent over the previous year in terms of dollars. Deals were up as well, but by a more modest 4 percent to 4,356 deals in 2014, indicating the growth of deal size and the presence of a number of “megadeals.” NVCA also noted that investments were dispersed throughout the country, with 160 U.S. metros receiving some venture capital.

  • Read more about Useful Stats: Venture Capital Investment Dollars, Deals by State, 2009-2014

Useful Stats: Share of U.S. Venture Capital Investment by State, 2009-2014

Thursday, February 26, 2015

California-based companies received about 56 percent of all U.S. venture capital dollars in 2014, the state's highest share of venture activity since the dot com boom of the early 2000s. Over the past 15 years, investment activity has steadily become more concentrated in California and a few other states. In 2009, about 67 percent of all deals and 74 percent of venture capital dollars flowed to the top five states. By 2014, those states' share of venture dollars grew to 80 percent, according to NVCA/Pricewaterhouse Coopers data.

  • Read more about Useful Stats: Share of U.S. Venture Capital Investment by State, 2009-2014

Useful Stats: Venture Capital Activity Per Capita/GDP by State, 2009-2014

Thursday, February 12, 2015

Following the massive uptick in venture capital activity last year, California has solidified its place as the epicenter of investment activity, according to data from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA). Since the beginnings of the industry, Silicon Valley has dominated the venture capital landscape. Due to California's large overall population and economy, however, Massachusetts has outperformed the state in terms of per capita investment and venture dollars as a share of state GDP.

  • Read more about Useful Stats: Venture Capital Activity Per Capita/GDP by State, 2009-2014

Useful Stats: Federal Obligations for Science & Engineering to Universities and Colleges

Thursday, December 18, 2014

A total of $30.8 billion for science and engineering (S&E) was given by federal agencies to 1,073 academic institutions across the United States in FY 2012, according to new research from the National Science Foundation. Although these obligations are 2 percent less than they were the year before, commitments to science and engineering increased more than 9 percent from 2007 to 2012. During that same time, per capita commitments to academic S&E decreased 7 percent.

  • Read more about Useful Stats: Federal Obligations for Science & Engineering to Universities and Colleges

Fewer Postdoctoral Researchers Employed at Federally Funded R&D Centers in 2013

Thursday, December 18, 2014

In fall 2013, 21 federally funded research and development centers (FFRDCs) in the U.S. employed 2,613 postdoctoral researchers in 2012, down 6.4 percent from the previous year, according to a recently released InfoBrief from the National Science Foundation. Postdocs, who help government agencies meet their research and analytic needs and in turn receive relevant training and experience, are more than 75 percent male and more than 50 percent international, according to the brief.

  • Read more about Fewer Postdoctoral Researchers Employed at Federally Funded R&D Centers in 2013

Useful Stats: Canadian Patent Applications per Capita, by Province

Thursday, December 4, 2014

With the hopes of better understanding which policy environments encourage and support innovation, new research  from the C.D. Howe Institute, a Canadian public policy thinktank, examines which sectors and provinces drive Canadian patent intensity.

  • Read more about Useful Stats: Canadian Patent Applications per Capita, by Province

Useful Stats: Federal Support for Science, Engineering at U.S. Universities, FY2001-11

Thursday, November 13, 2014

Federal funds for science and engineering at American universities grew steadily from 2001 to 2008, jumped in 2009 and 2010 due to the American Reinvestment and Recovery Act (ARRA), and more or less returned to its original trajectory in 2011, according to survey data from the National Science Foundation (NSF). Federal S&E funding in most states followed a similar pattern. A few states, including Minnesota and Delaware, managed to sustain their level of federal S&E support after the Recovery Act funds ceased.

  • Read more about Useful Stats: Federal Support for Science, Engineering at U.S. Universities, FY2001-11

Useful Stats: Federal Commitments to R&D By State, 2002-12

Wednesday, September 10, 2014

Federal investment in research and development appears to be falling far short of the ambitious goals set by Presidents Bush and Obama in the early part of the century. Though federal R&D spending grew by 22.5 percent from fiscal years 2002 to 2012, commitments declined substantially in 2011-12, following the spike in funding through the Recovery Act. By 2012, R&D expenditures were at their lowest levels since 2004.

  • Read more about Useful Stats: Federal Commitments to R&D By State, 2002-12

Useful Stats: Private and Federal Commitments to Research & Development, 2011

Thursday, September 4, 2014

Most R&D expenditures are concentrated across just a handful of states, according to recent NSF data on how research and development is funded in the United States.  In 2011, nearly two-thirds of all research and development expenditures came from private sources. In the wake of the nation’s federal stimulus package that saw an upswing in government spending on research and development, most states are beginning to rely more on innovation that stems from R&D conducted and paid for by private sources rather than the federal government.

  • Read more about Useful Stats: Private and Federal Commitments to Research & Development, 2011

Useful Stats: An Analysis of Entrepreneurship Indices

Wednesday, August 20, 2014

Within the past few months, several indices have been released that attempt to rank states based on their entrepreneurial activity. From the perspective of economic development agencies, these indices are particularly helpful in assessing where each state stands according to the numerous ways to measure entrepreneurship. These indices, however, should be taken with a grain of salt; issues can arise when too much importance is placed on these lists for the sake of competition or the need for press.

  • Read more about Useful Stats: An Analysis of Entrepreneurship Indices

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