This score is calculated for each block in Midtown and allows us to compare the relative commercial resilience of locations and how that resilience changes over time. LRS measures and compares blocks' influence areas, defined by the travel time (60-and 120-minute commute). These influence areas are mapped for each Midtown's block. Their size and total values of mobile phone data and business indicators differ, which defines each block's score.
While the forces shaping the future of Midtown are global and regional in nature, the granularity of mobile phone and business data allows us to calculate highly precise analytics that synthesize multiple indicators of economic resilience. The Location Resilience Score (LRS), developed by Habidatum, combines the two indicators used in this study — mobile phone data that reveals where people go, and statistics on the number and diversity of businesses.
MEASURING THE RESILIENCE OF LOCATIONS TO GLOBAL AND REGIONAL TRENDS.