Industry Diversification Project

IDP Reports

The Regional Economic Research Institute first developed the Industry Diversification Index in Spring of 2016 and updates it on a quarterly basis.

Researchers and academics are encouraged to contact the RERI to request access to the data for use in academic studies and modeling. The IDI begins in 1990 and is computed for each Florida metropolitan statistical area, each Florida workforce region, and each U.S. state. Upon request, the RERI will compute it for any MSA in the United States.


SECOND QUARTER, 2022 - (Vol. 7, No. 2)

  • Industry diversification in Southwest Florida decreased to 5.264 in the fourth quarter of 2021, ranking 9th out of all 24 workforce regions.
  • The Naples-Immokalee-Marco Island MSA was the 3rd most diversified MSA in the state (out of 22 total MSAs). Moreover, the Cape Coral-Fort Myers MSA and Punta Gorda MSA ranked 16th and 20st in the state, respectively.
  • Industry diversification for the state of Florida fell to 5.184 for the fourth quarter of 2021, ranking it 22nd out of 50 states.
Workforce Regions

View the FGCU IDI by Workforce Region.

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View the FGCU IDI by MSA.

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View the FGCU IDI by State.

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