Using economic base theory and regional economic indicators, you must include the location quotients
for years 2015, 2018, and 2020 in reference to the USA. Compute the basic and non-basic indicators for
employment sectors for these years.
- Compute the base multipliers for 2015, 2018, and 2020 for the county.
- Present the shift shares in percentages between 2015, 2018, and 2020 for local industries.
- Important: What are the dominant industries in this area in 2020 and what are the prospects? Identify
them by using regional economic indicators and describe them. You will use this for part II.