Guiding Policy through Economic Modeling: Socioeconomic Indicators (SEI) and Regional Development

Public policy aims to serve the best interests of the public. To achieve this goal, policymakers and planners need to evaluate legislation to ensure that the benefits of economic prosperity are broad-based.

We invite you to join us for “Guiding Policy through Economic Modeling: Socioeconomic Indicators (SEI) and Regional Development,” our upcoming webinar on Tuesday, November 2, from 2:00 to 3:00 p.m. (ET).

This presentation will provide an overview of “Using Socioeconomic Indicators (SEI) in Regional Economic Modeling,” a study that presents the methodology and sample applications for standardized socioeconomic indicators (SEI) that provide metrics for understanding the distributional impacts of public policies.

Using the REMI PI+/SEI macroeconomic policy analysis model, this discussion will consider two policy scenarios in a simulation context. First, I will analyze current COVID-driven migration challenges facing state and local governments.

Second, I will evaluate a workforce and regional economic development scenario to understand a state apprenticeship program. Both simulations will demonstrate the value of implementing standardized metrics for SEI in economic modeling through distributional analyses.

Participants will have an opportunity to ask questions at the end of this webinar presentation.

The presentation will be approximately one hour in length, and we offer it free of charge via the Citrix GoToWebinar web conferencing platform. Advanced registration is required; please click here to register.

Post-pandemic Project Prioritization: How Economic Modeling Assess Socioeconomic Indicators (SEI) for Long-term Planning

[Slides] Post-pandemic Project Prioritization – Guyesha Blackshear & Jim Stewart, REMI

[Recording] Post-pandemic Project Prioritization – Guyesha Blackshear & Jim Stewart, REMI

An essential element of the local, state and regional planning processes are effective project prioritization. Therefore, planners must consider the distribution of long-term economic effects on all members of the regional population.

We invite you to join us for “Post-pandemic Project Prioritization: How Economic Modeling Assess Socioeconomic Indicators (SEI) for Long-term Planning,” our upcoming webinar on Tuesday, October 12, from 2:00 to 3:00 p.m. (ET).

This presentation will demonstrate how economic modeling can forecast the varying long-term impacts of project prioritization on employment, output, and economic growth on different socioeconomic groups.

Exploring the Economic Significance of Integrating Ride-sharing and Public Transport

[Slides] Exploring the Economic Significance of Integrating Ride-sharing and Public Transport – May Lin & Jim Stewart, REMI

[Recording] Exploring the Economic Significance of Integrating Ride-sharing and Public Transport – May Lin & Jim Stewart, REMI

Departments of transportation (DOTs) and metropolitan planning organizations (MPOs) are evaluating how ride-sharing conglomerations and travel alternatives offer individuals more options for public transportation. The important task of adapting current and future transportation plans to the realities of present lifestyles is essential to prioritizing and reallocating public transit resources.

We invite you to join us for “Exploring the Economic Significance of Integrating Ride-sharing and Public Transport,” our upcoming webinar Thursday, October 7 from 2:00 to 3:00 p.m. (ET).

As the economic recovery continues to reach more and more regions in the United States, special attention must be paid to how analysis can be used to effectively allocate federal, state, and local resources to maximize economic growth.

During this presentation, we will use the REMI economic model to examine how urban mobility affects vehicle ownership, revenue, market share, and economic development.

The Economic and Fiscal Effects of Reimagining Tourism

[Slides] The Economic and Fiscal Effects of Reimagining Tourism – Katy Koon, REMI

[Recording] The Economic and Fiscal Effects of Reimagining Tourism – Katy Koon, REMI

Economic recovery and growth strategy leaders have the critical tasks of reimagining tourism post-pandemic and considering the effects on their local, state, and regional prosperity and progress.

We invite you to join us for “The Economic and Fiscal Effects of Reimagining Tourism,” our upcoming webinar on Wednesday, September 29th from 2:00 to 3:00 p.m. (ET).

This discussion will evaluate the necessary criteria for reinstating tourism as a normal economic activity in the U.S. before comparing that against our current trajectory.

It is important for policymakers to understand the structure of their states’ economies, as well as the areas of most need, as they continue to plan for their economic re-openings.

To quantify the effects, we will use the REMI economic model to forecast the impacts of increased tourism on revenue, income, jobs, GDP and other socioeconomic indicators.

Budgeting for the Future: An Economic Impact Analysis of the $3.5 Trillion Reconciliation Package

[Slides] Budgeting for the Future: An Economic Impact Analysis of the $3.5 Trillion Reconciliation Package – Guyesha Blackshear & Jim. C. Stewart, REMI

[Recording] Budgeting for the Future: An Economic Impact Analysis of the $3.5 Trillion Reconciliation Package – Guyesha Blackshear & Jim. C. Stewart, REMI

On Tuesday, August 10, 2021, after months of debate, the Senate passed a budget resolution that includes a $3.5 trillion reconciliation package. Regional and state leaders must consider the total economic and fiscal effects of increased funding of Medicare, immigration, climate, and education programs on their communities.

We invite you to join us for “Budgeting for the Future: An Economic Impact Analysis of the $3.5 Trillion Reconciliation Package,” our upcoming webinar on Tuesday, September 7 from 2:00 to 3:00 p.m. (ET).

During this presentation, we will use the REMI economic model to quantify the impacts of expanding these social programs on local, state, and regional economies.

The reconciliation budget, which would expand health care, provide access to a quality preschool and community college education, and fund climate change programs, has the potential to influence economic recovery post-pandemic.

This presentation will also use economic modeling to explore the impacts of the allocated funding on income, employment, and overall economic growth.