Economic Impact of Texas’ Military Installations

We hope you will join us for our upcoming REMI guest webinar titled, “Economic Impact of Texas’ Military Installations.” This webinar is being presented on Thursday, June 26th from 2:00-3:00pm ET by Trinity Elkins, Data & Policy Research Analyst, and David Green, Senior Data Analyst, at Texas Comptroller of Public Accounts. 

Texas is the home of some of the oldest and most active military bases in the United States, and these bases have significant economic impacts on Texas and regions within Texas. Using REMI PI+, The Texas Military Preparedness Commission and Texas Comptroller conducted an economic impact analysis of all the military installations in Texas to help quantify these impacts. 

In this webinar, Trinity Elkins and David Green will give an overview of the military installations in Texas. They will then present the findings of their military base economic impact analysis. Specifically, they will discuss their findings on total employment, including both direct and indirect output, disposable personal income, and more.  

CMTS Lunch & Learn: Economic Impact Modeling

On Wednesday, April 30, 2025, Dr. Peter Evangelakis, Senior Vice President of Economics & Consulting at REMI, and Celso Lopez, Economic Assistant Intern, conducted a guest presentation for the U.S. Committee on the Marine Transportation System’s (CMTS) Lunch & Learn series.  

In this presentation, Peter and Celso gave an overview of REMI’s modeling capabilities, focusing on resilience investment analysis. They discussed REMI’s work relating to the economic impacts of the Francis Scott Key Bridge collapse as well as the Department of Homeland Security’s study analyzing a potential Poe Lock closure and the associated economic effects. They then conducted a live demonstration of REMI TranSight, focusing on an inland waterways disruption scenario. 

Click here to watch a recording of the webinar. 

Click here to view the slides from this presentation. 

Resilience Investment: Regional Economic Impacts

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Click here to view Jeff’s slides from this presentation.

The capacity to recover quickly from disruptions is just as important for regional economies as it is to global networks. Metropolitan and state transportation networks are especially susceptible to systemic or random events that can decrease performance and negatively impact economic and social well-being. More now than ever, the study of resilience and its intersection with risk, efficiency, and security is of paramount importance for increasingly complex systems to function.

In this webinar, Dr. Igor Linkov of the U.S. Army Corps of Engineers and Carnegie Mellon University will discuss his research into resilience and the cascading socioeconomic effects of disruptions to transportation networks. He will use a resilience analysis of roads and railways as well as of DFW airport as a case study to demonstrate why resilience investment is critical to regional economies.

Economic Uncertainty: Impacts on State and Local Budgets

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Ongoing economic uncertainty continues to challenge state and local governments as they work to balance budgets, allocate resources, and plan for long-term fiscal health. Tariff-driven inflation, shifting revenue streams, and increasingly complicated federal funding dynamics make budget forecasting by state DORs more difficult. State and local governments must analyze how these national trends will immediately affect their region’s revenues, as each region will be affected uniquely.

Join us for a discussion on how current national trends are impacting state and local budget projections. Using a REMI Multiregional US (MRUS) Tax-PI model, Dr. Frederick Treyz will demonstrate how regions can analyze varying forecast scenarios to understand their financial future better.

Trump Auto Industry Tariffs Are Coming: Impacts on State and Local Economies

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Click here to view the slides from this webinar.

President Trump has announced a 25% tariff on imports of automobiles and various automobile parts that will come into effect on April 2nd. These tariffs are designed to promote domestic automobile production, creating jobs and decreasing dependency on other nations. There are concerns that these tariffs will raise consumer prices, accelerating inflation nationally, and also result in retaliatory tariffs. Automobile tariffs will have significantly different economic impacts across regions and sectors in the United States. It is critical for states to forecast how tariffs will affect their region and what they can do to react.

In this session Dr. Frederick Treyz and Chris Judson will demonstrate how the REMI Multiregional US (MRUS) model can explore the sector-specific and regional impacts of tariff policies. Current REMI clients and anyone interested in tariff policy analysis are encouraged to attend.