Local Economic Vitality

Local Economic Vitality is a ranking of nearly 1,000 Core Based Statistical Areas (CBSA) that cover over 96% of the US. Each CBSA comprises of one or more counties that are socioeconomically tied to an urban center. A CBSA’s health reflects the current and forecasted economic performance of the counties comprising the area. Local Economic Vitality provides a perspective on the future income prospects of borrowers in the local area and can be an important factor in consumer credit decisions.