USF Libraries
USF Digital Collections

Community economic and demographic research

MISSING IMAGE

Material Information

Title:
Community economic and demographic research CDBG benchmark area
Physical Description:
1 online resource (i, 4 p.) : maps. ;
Language:
English
Creator:
University of South Florida -- Center for Economic Development Research
Hillsborough County (Fla.) -- Economic Development Dept
Publisher:
Center for Economic Development Research
Place of Publication:
Tampa, Fla
Publication Date:

Subjects

Subjects / Keywords:
Community development -- Florida -- Hillsborough County   ( lcsh )
Genre:
statistics   ( marcgt )
non-fiction   ( marcgt )

Notes

Statement of Responsibility:
prepared for Hillsborough County Economic Development Department by the Center for Economic Development Research, College of Business Administration, University of South Florida.
General Note:
Title from PDF of cover (viewed Oct. 22, 2009).
General Note:
"September 2004."
General Note:
Three accompanying statistical tables in Excel format issued online in separate file.

Record Information

Source Institution:
University of South Florida Library
Holding Location:
University of South Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 002033214
oclc - 458284470
usfldc doi - C63-00107
usfldc handle - c63.107
System ID:
SFS0000373:00001


This item is only available as the following downloads:


Full Text
xml version 1.0 encoding UTF-8 standalone no
record xmlns http:www.loc.govMARC21slim xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.loc.govstandardsmarcxmlschemaMARC21slim.xsd
leader nam 2200313Ia 4500
controlfield tag 001 002033214
005 20091027124926.0
006 m d
007 cr cn|||||||||
008 091022s2004 flub ss 000 0 eng d
datafield ind1 8 ind2 024
subfield code a C63-00107
035
(OCoLC)458284470
040
FHM
c FHM
043
n-us-fl
0 245
Community economic and demographic research
h [electronic resource] :
b CDBG benchmark area /
prepared for Hillsborough County Economic Development Department by the Center for Economic Development Research, College of Business Administration, University of South Florida.
260
Tampa, Fla. :
Center for Economic Development Research,
2004.
300
1 online resource (i, 4 p.) :
maps.
500
Title from PDF of cover (viewed Oct. 22, 2009).
"September 2004."
Three accompanying statistical tables in Excel format issued online in separate file.
650
Community development
z Florida
Hillsborough County.
2 710
University of South Florida.
Center for Economic Development Research.
1
Hillsborough County (Fla.).
Economic Development Dept.
773
t Center for Economic Development Research (CEDR) Collection
049
FHMM
090
HN79.F63 (ONLINE)
4 856
u http://digital.lib.usf.edu/?c63.107



PAGE 1

Community Economic and Demographic Research CDBG Benchmark Area Prepared for Hillsborough County Economic Development Department by the CENTER FOR ECONOMIC DEVELOPMENT RESEARCH College of Business Administration 1101 Channelside Dr., 2nd Floor N., Tampa, Florida 33602 Office: (813) 905-5854 or Fax: (813) 905-5856 September 2004

PAGE 2

i Preface In order to determine opportunities for business expansion within their Community Development Block Grant (CDBG) program target areas, the Hillsborough County Economic Development Department commissioned the Center for Economic Development Research (CEDR) to perform two tasks: (1) develop an inventory of businesses and demographic characteristics for a representative, benchmark community, and (2) compare metrics developed in Task (1) to similar metrics for selected CDBG areas to determine the relative scarcity or abundance of business establishments within those areas. This report, and the appropriate tables of the CD “CDBG Area Community Economic and Demographic Research,” are in fulfillment of the first task. The Center for Economic Development Research initiates and conducts innovative research on economic development. The Center’s education programs are designed to cultivate excellence in regional development. Our information system serves to enhance development efforts at the University of South Florida, its College of Business, and throughout the Tampa Bay region. Robert Anderson, Dean, College of Business Administration (COBA), USF Dennis Colie, Director, Center for Economic Development Research (CEDR), COBA, USF, Co-principal Investigator Dave Sobush, Research Associate, CEDR, COBA, USF, Economist and Co-principal Investigator September 2004

PAGE 3

1 Introduction In order to assess economic conditions within the county’s Community Development Block Grant (CDBG) program target areas, the Hillsborough County Economic Development Department commissioned CEDR to create an inventory of business establishments within a benchmark CDBG area and to ration this inventory to the demographic characteristics of the benchmark area. Future analysis will repeat this same procedure for other CDBG areas, at which time we will then compare the other CDBG areas to the benchmark for analysis of the relative abundance or scarcity of businesses within the other CDBG areas. Methodology Creating the Benchmark Area To create the CDBG benchmark area, we obtained geographic information systems (GIS) shapefiles of the nine Hillsborough County CDBG target areas from the County’s website.1 Then, using the ArcView Business Analyst extension, and its associated databases, we determined the cohort Census tracts small, relatively permanent statistical subdivisions of a county populated by between 2,500 and 8,000 persons of the nine CDBG areas. We defined a cohort census tract as one contained by in part or in whole or tangent to a CDBG area. We selected, at random, nine of these Census tracts to create the benchmark area. Figure B1 depicts the nine Hillsborough County Census tracts forming the benchmark area. Figure B1 – CDBG Benchmark Area 1 All CDBG area shapefiles obtained from Hillsborough County’s GIS website http://maps.hillsboroughcounty.org on April 12th, 2004.

PAGE 4

2 Business Establishments Florida’s Agency for Workforce Innovation (AWI) collects monthly employment and wage information for all businesses covered by the state’s unemployment insurance program. Using AWI’s Enhanced Quarterly Unemployment Insurance (EQUI) database, we geocoded all Hillsborough County business that participated in the state’s unemployment insurance program during the third quarter (July-September) of 2003, the latest date for which data was available. By overlaying the shapefile of the CDBG benchmark area, we can isolate those businesses located within the CDBG benchmark area. For the CDBG benchmark area, we identified 1,571 business establishments, depicted by the dots in Figure B2 Figure B2 – Benchmark Area Business Establishments # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # ## # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # ## # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # ## # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # ## # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # In addition to employment and wage data, the EQUI database also classifies businesses by their NAICS code. Table B1 is the inventory of business establishments within the CDBG benchmark area by NAICS.2 NAICS is the acronym for North American Industrial Classification System, which replaced the Standard Industrial Classification (SIC) code developed by the government to classify industries. NAICS codes range in detail from 2-digit sectors (such as 52 Finance and Insurance) to 6-digit industries (such as 524210 Insurance Agencies and Brokerages). Demographic Characteristics The ArcView Business Analyst software package contains demographic data collected at the block group level. Block groups are subdivisions of Census tracts: small, relatively permanent statistical subdivisions of a county. Census tracts usually have 2 This table, and others referenced in this report, can be found on the CD “Community Economic and Demographic Research, September 2004.” Table numbers followed by an “S” appear in the body of this report.

PAGE 5

3 between 2,500 and 8,000 persons and do not cross county boundaries. Table B1S summarizes the demography of the CDBG benchmark area. Table B1S – Demographic Summary of Benchmark CDBG Area Amount Percent Population (2005) White 62,964 78.28% Black 12,028 14.95% American Indian, Eskimo, or Aleut 312 0.39% Asian or Pacific Islander 1,167 1.45% Other 3,967 4.93% Hispanic Origin 22,474 27.94% Total (Excluding Hispanic Origin) 80,437 100.00% Age & Gender (2005) Population Age <18 21,353 26.55% Population Age 65+ 9,288 11.55% Population Male 40,034 49.77% Population Female 40,404 50.23% Income (2005) Per Capita $ 19,515 n/a Average Household Income $ 55,986 n/a Table B2 is the full demographic report produced using the Business Analyst software. We use the data from this report in conjunction with the business establishment data to calculate the descriptive statistics. Calculation and Analysis of Descriptive Statistics To calculate the descriptive statistics, we take the number of establishments for each industry category, divide by a demographic characteristic, and multiply by 1,000. Therefore, each descriptive statistic represents the number of establishments for every 1,000 of the specified demographic characteristic.3 For instance, in the 3rd quarter of 2003, the CDBG benchmark area had 17 Child Day Care Services establishments (NAICS industry 624410), and a projected 2005 population of 80,437. Thus, the descriptive statistic is 0.2113. In the CDBG benchmark area, for every 1,000 people, there are 0.2113 Child Day Care Services establishments. For this report, we have selected the following demographic characteristics: population, household population, population by major age group, per capita income (all 3 Note: “Consumer Expenditures” is expressed in thousands of dollars; therefore, the descriptive statistic shows the number of establishments per million dollars of consumer expenditure.

PAGE 6

4 estimated for year 2005) and year 2000 consumer spending patterns. We present the descriptive statistics in Table B3.