Economic and Demographic Analysis
Our economic and demographic analyses provide clients and policy makers with an understanding of the factors that are critical for the success of a project, the competitiveness of a region, or a comprehensive measure of the economic impact a set of activities have on a region.
Our models, methodologies, assumptions, and data are based on established economic theory and best practices.
We present our results in clear, direct language that, to the extent possible, avoids economic jargon. The authority of our work will always be based on our analytical integrity and the use of best practices for data sources and data handling—rather than obfuscating results in technical language.
Economic impact analysis
An economic impact analysis captures the full effect from a potential or ongoing economic activity on a region’s economy. Because these analyses include the full economic return to a region, they are often used to clarify both the costs and benefits of public investments.
Project feasibility
We apply structured modeling approaches, including cost-benefit and best use analyses, gravity modeling, and fiscal impact analysis to provide decisive insights.
Economic benchmarking
A benchmarking analysis identifies the strengths and weaknesses that shape your competitive advantage. Our benchmarking studies provide clarity in planning goals and policy by identifying a comparable group and a set of critical measures.
Regional profiles
Regional profiles explore demographic and economic metrics in detail and provide a valuable perspective into the factors that shape a region’s competitiveness. Our regional profiles also provide important data for regionally unique sustainable development strategies.
Economic and Demographic Analysis Contact
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Projects
Bracing for Change: A Market Study of Community Needs, the Built Environment, and Projected Growth in Thomas, West Virginia
We explored several areas of community infrastructure that will be critical to supporting growth in the greater Thomas area and examined how brownfield redevelopment can help meet community needs. The report includes a market assessment of housing and business needs, a built environment assessment, and recommendations for the City and its partners to take to accommodate future growth while making the area an even better place to live, work, and play.
Line of Sight: Region VI Planning and Development Council Comprehensive Economic Development Strategy 2022-2026
For a six-county region in north-central West Virginia, we developed a Comprehensive Economic Development Strategy (CEDS), a five-year economic plan to guide the growth of jobs, commerce, and community development. The CEDS is a strategy-driven plan guided by a diverse workgroup of local representatives and was established through local input, statistical analysis, and integration of economic development principles and practices.
Start a Project
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