Economic Analysis

Any economic stimulus—whether positive or negative—sets off ripple effects across the economy, and our extensive set of economic impact evaluation models can be applied to measure multiplier effects in a variety of contexts.

These dynamic, integrated models measure effects on total economic activity by industry, real estate demand and absorption, occupations, and tax receipts to states and local taxing entities such as counties, cities, and school districts.

Developed almost 45 years ago by Dr. Perryman and continually maintained since that time, these systems can be fully integrated to address any economic information issue. The systems have been peer-reviewed multiple times and are designed to reflect the unique economic characteristics of any county or multi-county region in the United States (and have been modified for many other countries as well). They have been used in more than 1,500 applications.

We developed many of the techniques used in modern economic development and have assisted communities, states, regions, and nations in comprehensive planning efforts. We've also aided corporations in determining appropriate sites for new facilities and negotiating suitable arrangements.

In the highly competitive market for quality corporate locations and expansions, proactive efforts are essential to success. Targeted initiatives and an understanding of community goals, strengths, and weaknesses can greatly enhance the success of economic development programs.

Our models, systems, and other resources are integral to our unique and innovative approach to economic development work. We help communities craft strategies to drive performance and have provided the analytical basis for many successful legislative initiatives. Utilizing systems specifically geared to economic development, we can identify "target industries" and "clusters" that are likely to expand in the near future and be a complement to the local resource base. Through detailed analysis of workforce characteristics, the existing industrial base, quality-of-place factors, and local attitudes and perceptions, we can craft positive plans to maximize opportunities.

We are at the cutting edge of econometrics and other advanced statistical methods and have provided innovative approaches for many complex applications.

Dr. Perryman developed our core forecasting model, the US Multi-Regional Econometric Model, beginning in the late 1970s and has been providing detailed forecasts for the United States, Texas, and Texas metropolitan areas and regions since the early 1980s. We now maintain a comprehensive set of national and regional models and have provided projections throughout the country. These systems include a full range of international, national, regional, state, metropolitan area, county, and small area (zip code, census tract, etc.) forecasting and modeling capabilities.

These models and the accompanying data resources permit forecasting of energy demand & supply, real estate market absorption, retail sales, infrastructure needs, industrial performance (such as manufacturing or services), transportation demand, financial markets, bond feasibility, construction costs, investment returns, and numerous other applications. In addition, projections regarding labor markets, demographics, global markets & trade, and cost factors such as wage rates and capital costs are generated for clients and subscribers on a frequent basis. Forecasts have been provided as a subscription service for more than four decades. We are on retainer to various entities (such as financial institutions, transportation authorities, trade associations, health care organizations, retirement systems, and utilities) to supply ongoing information.

A popular speaker, Dr. Perryman addresses scores of audiences throughout the world every year, catering to a wide variety of events.

Nationally recognized as an informative and entertaining speaker, Dr. M. Ray Perryman has appeared before major corporate leadership groups, trade associations, governmental entities, and economic development organizations. He has established a reputation for communicating often dry subjects in an effective and humorous fashion.

Over the course of his career, he has spoken to thousands of local, regional, national, and international audiences, always bringing fresh perspectives, immediate relevance, and an entertaining and engaging style of delivery.