Sacramento's regional prosperity index

Sunday, February 12, 2006

Measuring the health of a regional economy is a tricky task. Part of the challenge is conceptual. In order for an index to make sense, it must reflect a theory of growth or development. So, for example, a business -- with an appropriate business model -- can design a dashboard that reflects the key leverage points embedded in the business model.

For a region, the task of articulating a clear and concise theory of change is no easy task. The theory or model should reflect a civic consensus on what's important.

The Sacramento Regional Research Institute last week released a regional prosperity index.

You can read more here. You can download a copy of the index here.

posted by Ed Morrison |

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