STAMFORD, Conn., June 3, 2014 (GLOBE NEWSWIRE) -- via PRWEB - DIVER Geo Score results for May have been released. The DIVER Geo Score represents a relative score of the economic health of a U.S. State, county or city. Based on a scale of 0-10, with 10 being the best, this data is updated monthly and is calculated from multiple economic and demographic factors related to three primary data categories--employment, income and housing.
Here are the latest results through May 31, 2014:
GEO SCORE: BY STATE
The Top 10 States with the greatest increase in Geo Score saw decreases in Unemployment and Foreclosure Rates, while nine of the Top 10 movers saw an increase in Housing Prices. The year on year comparison of States in the Top 10 posts remained the same (some positions did flip-flop), showing a level of consistency in the economic well-being. Nevada saw the most notable increase in Housing Prices from 2013 to 2014, while South Carolina saw the biggest drop in Unemployment Rates from 2013 to 2014.
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Shifting gears to the States with the greatest decline in their Geo Score, the bottom movers saw Housing Prices grow at a much lower rate than the national average. New Mexico and Alabama came in with the greatest Geo Score decline from 2013 to 2014, both dropping by 1.8 points.
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GEO SCORE: BY COUNTY
All of the Top 25 counties with the greatest increase in the Geo Score experienced significant decreases in their Unemployment Rates while 19 of the Top 25 counties saw noteworthy increases in Income. The Housing component saw measured improvement for most counties in the Top 25. North Dakota dominated the Top 25, landing 14 counties on the best locations list, Texas followed with 6 counties.
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We found it to be interesting that in May the bottom 25 movers for counties spanned across nine States, while last month the bottom movers were spanning across 15 states. 21 counties saw worsening figures in their Unemployment Rates year over year, however, 24 counties saw a positive change from 2013 to 2014 in the Foreclosure Rate (Nome, AK was flat year over year).
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GEO SCORE: BY CITY
The top 25 movers for cities with the greatest increase in the Geo Score showed a sweeping decrease in Unemployment for the referenced period, an increase in Income, and a decrease in Foreclosures. The State of California led the way with three of biggest gainers by city in Housing Prices; Redding, Ontario and Redlands.
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Turning now to the bottom 25 movers for cities, the trend amongst this group was an increase in the Unemployment Rate, with only four cities showing small improvements from 2013 to 2014. 15 of the bottom movers saw a decline year over year in Housing Prices. Rancho Cordova, CA and Deerfield Beach, FL showed the biggest declines year over year in the Housing Price Index. Majority of the bottom movers also experienced a year over year increase in Poverty levels, Decatur, IL lead the way with the biggest increase while Albuquerque, NM and Boca Raton, FL saw a slight drop from 2013 to 2014.
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For more information or to see a full list of DIVER Geo Scores please visit our website at http://www.lumesis.com/about-the-company/request.aspx?t=scores
About Lumesis, Inc.
Lumesis is dedicated to delivering simple-to-use, powerful technology for the Municipal Marketplace. Lumesis has three products in DIVER Solution offering - DIVER Advisor, DIVER Analytics, and DIVER Data Services. DIVER Advisor, DIVER Analytics, and DIVER Data Services - which offer software solutions and comprehensive data on more than 54,000 municipal issuers. DIVER Advisor is a comprehensive compliance and information delivery platform serving Financial Advisor networks, helping them address the Time of Trade Disclosure (new MSRB Rule G-47 and amended Rule G-19). DIVER Analytics is a suite of powerful analytical and visualization tools serving Credit Analysts and Portfolio Managers. DIVER Data Services matches user data and information needs with comprehensive data, analytical and delivery expertise. To learn more about Lumesis, please visit http://www.lumesis.com or contact us at inquiries(at)lumesis(dot)com.
Media Contact:
Lumesis, Inc.
Dalia Valdajevaite,
DValda(at)lumesis(dot)com
203-276-6500
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