Frost Radar™ for Economic Development: The United States, 2022
Published on: 22-Aug-2022 | SKU: CI00823-NA-MR_26835

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The Frost Radar™ for Economic Development for the United States determines the investment potential for each state measured by favorable state policies that will effectively drive inward investment and that are driven by social factors. This report explores key strengths and weaknesses of the the US economy through state-level assessments of growth and innovation initiatives and then benchmarks each state and the District of Columbia on these 2 indices.

The US economy, although gradually recovering from the pandemic in 2021, has gone into a protracted period of economic uncertainty in 2022 due to the Russo-Ukrainian war. Supply chain disruptions have magnified the economic slowdown in the United States, which is anticipated to enter a prolonged period of feeble growth and elevated inflation. The Frost Radar™ for Economic Development, the United States, 2022 diagnoses the significant challenges to the US growth environment, including elevated inflation and aggravating drought. Moreover, by measuring performance against the major subpillars of Innovation in Education, Healthcare, Environment, Infrastructure, Social Well-being, and Security, the Frost Radar™ offers broad-based insights into the economic pulse of the states and identifies key drivers underpinning the growth momentum across states.

In this research, Frost & Sullivan indexes the top 8 state economies in the United States to determine what makes them among the front-runners. The Frost Radar™ is intended to empower governments, policy-makers, investors, and businesses to identify strategic imperatives for future investment potential.

Key Issues Addressed

  • What are the strategic imperatives for governments across the United States?
  • Which states are the leaders for innovation?
  • Which states are the leaders for growth?
  • What are the forces that impact businesses in the United States?
  • What are the best practices for the top 3 states?

Author: Rituparna Majumder

Frost Radar™ for Economic Development: Strategic Imperatives for the US Economy

Frost Radar™ for Economic Development: US Growth Environment

Frost Radar™ for Economic Development: Challenges for the US Economy

Frost Radar™ for Economic Development: The United States—An Overview

Frost Radar™ for Economic Development: Methodology

Frost Radar™ for Economic Development: The United States—Top 8 States

Frost Radar™ for Economic Development: The United States—State Ranking

Frost Radar™ for Economic Development: The United States—Competitive Environment

Texas

California

Georgia

Growth Excellence Parameters

Innovation Excellence Parameters

List of States and the District

Legal Disclaimer

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

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A tailored session with you where we identify the:
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  • Growth Opportunities
  • Best Practices
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Impacting your company's future growth potential.

The Frost Radar™ for Economic Development for the United States determines the investment potential for each state measured by favorable state policies that will effectively drive inward investment and that are driven by social factors. This report explores key strengths and weaknesses of the the US economy through state-level assessments of growth and innovation initiatives and then benchmarks each state and the District of Columbia on these 2 indices. The US economy, although gradually recovering from the pandemic in 2021, has gone into a protracted period of economic uncertainty in 2022 due to the Russo-Ukrainian war. Supply chain disruptions have magnified the economic slowdown in the United States, which is anticipated to enter a prolonged period of feeble growth and elevated inflation. The Frost Radar™ for Economic Development, the United States, 2022 diagnoses the significant challenges to the US growth environment, including elevated inflation and aggravating drought. Moreover, by measuring performance against the major subpillars of Innovation in Education, Healthcare, Environment, Infrastructure, Social Well-being, and Security, the Frost Radar™ offers broad-based insights into the economic pulse of the states and identifies key drivers underpinning the growth momentum across states. In this research, Frost & Sullivan indexes the top 8 state economies in the United States to determine what makes them among the front-runners. The Frost Radar™ is intended to empower governments, policy-makers, investors, and businesses to identify strategic imperatives for future investment potential.--BEGIN PROMO--

Key Issues Addressed

  • What are the strategic imperatives for governments across the United States
  • Which states are the leaders for innovation
  • Which states are the leaders for growth
  • What are the forces that impact businesses in the United States
  • What are the best practices for the top 3 states

Author: Rituparna Majumder

More Information
Deliverable Type Frost Radar
Author Rituparna Majumder
Industries Cross Industries
No Index No
Is Prebook No
Keyword 1 Economic Development in United States
Keyword 2 Economic Growth United States
Keyword 3 Global Economic Development
Podcast No
WIP Number PD57-01-00-00-00

Frost Radar™ for Economic Development: The United States, 2022

Cross IndustriesFrost Radar™ for Economic Development: The United States, 2022

Texas, California and Georgia Emerge as Top States for Demonstrating Strong Investment Potential

RELEASE DATE
22-Aug-2022
REGION
North America
Deliverable Type
Frost Radar
Research Code: PD57-01-00-00-00
SKU: CI00823-NA-MR_26835
AvailableYesPDF Download
$4,950.00
In stock
SKU
CI00823-NA-MR_26835