Economic Indicators

graph

An economic index measures the alternating waves of economic expansion and contraction in an economy. Using data that is specific to your local economy, you can gain an understanding of what drives the local economy, and gauge where your economy has been and where it is going. With this information a local government and/or business decision-maker has a critical advantage enabling you to reduce your risk of being ill-equipped to deal with changes in your local economy.

Dr. Alfred Meek, a principal with the Economic Impact Group, is a recognized expert in local economic analysis and the development of local economic indicies. Dr. Meek presents seminars around the county in the development and implementation of local economic indicies. Click here for an example of a recent economic index done by Dr. Meek.