Introduction In a previous blog post, Wealth Creation in Rural Communities, I noted that an important element of wealth creation is to understand the economic indicators in your region so that you can begin to plan improvements to them. Most economic indicators collected by US federal agencies are available at the County level, but some are…
Wealth Creation in Rural Communities
Introduction Have you ever considered what it actually means to have wealth? Usually when we say someone is wealthy, we mean that they have a lot of money. But wealth is a lot more than that. Wealth is defined more broadly as “the social worth of an economy’s entire productive base [which] consists of the…
Business Analyst versus Data Analyst
Introduction There are a lot of “Analyst” careers out there. Some people analyze information for national security or criminal purposes (Intelligence Analysts.) Some people are Help Desk Analysts, where their job involves understanding a person’s computer or technical issues so they can help. Financial Analysts help companies understand financial information in order to make decisions….
Location Quotient (LQ) for Iowa Economic Development
Introduction The Location Quotient (LQ) is an interesting tool used in community development, economics, urban planning and related fields as part of what is called Economic Base Analysis. This is an important tool for local communities to understand, as it can help them with their economic and community development activities. Economic Base Analysis Economic base…
Artificial Intelligence and Social Work
Introduction Social Work and related professions have the potential to experience rapid change and growth in the future as technology advances and the population changes. This is especially true with artificial intelligence. Artificial Intelligence (AI) describes a range of technologies that allow machines or computers to make decisions that are normally made by human beings….