Methodology: Do jobs promises pay off?
Read more about how WRAL News tracks information about incentive programs in the state.
Posted — UpdatedThe commerce data, part of a report released to members of the General Assembly annually on Oct. 1, includes details on how many jobs a company has created and how much of a grant the state has paid out, among other information.
Press releases from Perdue and McCrory provide data on the 494 job announcements their offices made during their tenure related to JDIG and One North Carolina grants. Some announcements included multiple grants for a single job project.
After matching the two data sources using database software, reporters could then evaluate 540 grants for 494 unique projects based on their progress toward meeting the promises made by Perdue and McCrory's offices.
Three metrics, in context
JDIG projects have a longer cycle, primarily so commerce officials can monitor continued performance. For these projects, the number is calculated as a percentage of the ramp-up period, called the "base term," which can range from two to five years.
Grants officially closed, terminated or withdrawn are calculated to have reached 100 percent of their elapsed grant period.
Cumulative grant periods for the state with multiple projects are calculated as the total number of elapsed days as a percentage of the total number of days in all corresponding grant terms.
In cases where a company received both a JDIG and One North Carolina grant for a single project, the number of jobs announced and created are only counted once. Which job creation figure is counted depends on which grants are still actively reporting to the commerce department.
These figures have not been adjusted for inflation.
Data is current as of the commerce department report released Oct. 1, 2019. This data and the corresponding application will be updated regularly.
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