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Question 1
Using the data illustrated below:
Printing Publishing
Apparel/Accessory Stores
Region A
U.S
Employment Employment
43,539
1,524,887
18,805
1,156,594
a) Calculate the location quotient for Region A in each of the two industries above. Assume that
total employment in Region A for the same year was 1,796,474 while total employment in the
United States was 87,881,632.
b) Which industry is an export industry?
Question 2
The following data are available for the health care industry levels:
City XYZ
t=0
31,703
t=1
43,539
United States
t=0
1,286,520
t=1
1,524,887
The total employment in the United States grew from 72,971,338 in t=0 to 87,881,632 in t=1
a) Using the above information, break down the growth rate of the health care industry in city XYZ
into its three shift share components.
b) Describe each component and what it represents
Question 3
A real estate company is considering construction of a shopping center to open in two years. Preliminary
consultations with various retailer in the marketing area have been made. The retailers have expressed
a willingness to lease space in the proposed shopping center. The land for the shopping center already
belongs to the company, having been purchased eight years ago.
a) Outline the course of action you would follow in performing a market analysis for this site.
b) How would the structure of the market analysis in this case differ if the real estate company
began with a need for a site? Discuss.
c) What factors should be considered in selecting potential retailers? Discuss.
Question 4
The following information is for Liberty City:
Population
Households
Household size
Percent Homeowners
1980
170,616
68,996
2.47
63.00%
1990
191,262
80,047
2.39
61.00%
A) Determine the average annual population growth rate for the years 1980 through 1990.
B) Use the average annual population growth rate to forecast population for the years 1990
through 2000
C) Based on the economic development implications for your population forecast in response to
4(b), forecast the number of new homeowners and renters for the years 1990 through 2000
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