Nevada has the fifth-highest golf industry location quotient in the U.S., the Bureau of Labor Statistics announced this week.
Right. What’s that mean?
“Location quotient” the BLS says, is “the ratio of an industry’s share of statewide employment to its national share. A location quotient greater than 1 means the industry share of statewide employment is higher than the national share.”
Put another way — the way the labor market research firm Emsi puts it, to be specific — location quotient “is basically a way of quantifying how concentrated a particular industry, cluster, occupation, or demographic group is in a region as compared to the nation. It can reveal what makes a particular region ‘unique’ in comparison to the national average.”
Put yet another way — the way researchers at the University of Nevada Reno put it, to be specific, “It is a popular way to measure industry concentration.”
Nevada’s 83 golf courses employ nearly 4,000 people, providing the state with a location quotient (LQ, in wonk lingo) of 1.39.
Florida, Hawaii and South Carolina are the golfiest states of all, each with an LQ in excess of 2.
Vermont and North Dakota are the least golfiest states. Well, by location quotient, anyway.
By the way, those aforementioned UNR researchers found that the highest location quotient for Nevada, at least for major industry sectors, was … wait for it … you’re not going to believe this … “Leisure and Hospitality,” at a whopping 2.45. Yes, most surprising.
And the smallest LQ in Nevada, weighing in at teensy .57, was “Information.”