The Younger Research team takes pride in doing calculations by hand when necessary. Instead of depending solely on modern economic development analysis tools that are available, our research utilizes data purchased specifically for local economies from the Bureau of Economic Analysis (BEA) instead of national industry averages. Research is conducted on state census of employment and wages and the local economies tax structure to incorporate wage and tax data at the county level. Our methodology yields the most conservative and reliable analysis needed to make strategic financial decisions.
Final Demand Output Multiplier
U.S. Bureau of Economic Analysis, RIMS II final-demand output state average multiplier is used in our free executive summary and county specific multipliers are used for contracted reports. Multipliers used are industry specific and represent the total dollar change in output that occurs in all industries for each additional dollar of output delivered to final demand by the specified industry.
Direct Effect Employment Multiplier
U.S. Bureau of Economic Analysis, RIMS II direct-effect employment state average multiplier is used in our free executive summary and a county specific specific multiplier is used for contracted reports. Multipliers used are industry specific and represent the total number of indirect jobs supported among all industries per each direct job created by the specified industry.
Annual Average Wage - All Industries
Based upon data from the State Department of Labor; Annual Average Wage statewide in 2020 for all industry sectors. U.S. Department of Labor.
Annual Average Wage - Industry Specific
Based upon data from the State Department of Labor; Annual Average Wage statewide 2020 for the industry specific to the analysis. U.S. Department of Labor.
Jobs that are full-time positions directly supported by the business's operations.
Jobs that are created by outside of a businesses that is supported by a business's operations economic stimulation.