We help companies and their clients reach their destinations
Get access to data and experts on the leading edge of the travel and transportation industry
65+ Years Of Collective Experience Serving Travel And Transportation Professionals From Coast To Coast
Who We Are
Based in Los Angeles, California, Beacon Economics is an independent,
data consulting and research firm, specializing in insightful and objective
economic and policy analysis. Led by Ph.D. economists, our experts have
65+ years of collective industry experience and wide-ranging expertise
conducting economic development analyses, industry profiles, industry
cluster analyses, employment analyses, economic impact analyses, and
economic and revenue forecasting for clients across the nation.
Beacon Economics’ team of talented researchers work for private industry and businesses, cities, counties, states, public agencies, public/private partnerships, and nonprofits across the nation. While paying close attention to public narratives, our work is guided by a deep understanding of an industry’s or economy’s long-term growth prospects and business cycles. Using vast data sets and sophisticated modeling, our analyses provide our clients with the information and awareness they need to understand the economic mechanisms and drivers affecting their businesses and geographic areas.
We Deliver Vital Tools To Our Travel And Transportation Clients
National Conference of State Legislatures
Western Association of Chamber Executives
Washington State Association of Counties
National Development Council
East Bay Economic Development Agency
Los Angeles Area Chamber of Commerce
Los Angeles Workforce Investment Board
Metropolitan Water District of Southern California
Oakland Metropolitan Chamber of Commerce
An Outlook For The Travel Industry
View Founding Partner Christopher Thornberg’s presentation slides from the 2022 CalTravel Summit.
The Economic Impact Of A New High-Speed Rail Line
CLIENT: Brightline Trains (formerly Virgin Trains)
This analysis vividly demonstrated the economic, fiscal, and environmental impacts of constructing of a new high-speed passenger rail line linking Southern California and Las Vegas.
Beacon Economics houses deep expertise in economic impact analysis and delivered a highly credible and influential report by applying rigorous research methods and an industry-standard modeling system. By illustrating billions of dollars in construction, operational, and employment impacts, as well showing clear, long-term environmental benefits, the analysis became a powerful tool in support of a complex, large-scale transportation project.
Services For The Travel And Transportation Industries
Economic and Revenue Forecasting
Employing proprietary econometric models, Beacon Economics’ forecasts are in high demand and have been used by businesses and governments for well over a decade. On record as being among the most accurate forecasters in the business, our creativity, top-tier analytic skills, and PhD-level training, gives our clients the intel and vision they need to effectively plan for what’s next. Learn More.
Economic, Fiscal, and Social Impact Analysis
Transportation infrastructure projects are highly visible and closely watched ventures. Beacon Economics analyzes and effectively communicates the economic, fiscal, and social/community benefits and impacts of such projects in the context of job creation, economic output, tax revenue, and other key variables. Learn More.
Land Use Analysis
Beacon Economics leverages long- and short-range economic models to identify growth and investment opportunities and advance solutions to transportation challenges across urban, suburban, and rural landscapes.
Public Policy Analysis
Our team of experienced public policy review experts are highly attune to the complexities of working within the legislative space. We specialize in evaluating existing and proposed legislation through an economic lens. Beacon Economics’ assessments always include practical recommendations for addressing policy related issues.
Beacon Economics is a top-tier resource for keynote and business speakers. The firm’s engaging experts are in high demand across North America delivering current economic and policy insights to audiences with varying levels of economic and financial knowledge. Presentations are designed to meet clients’ needs, geography, industry – and are always based on the most recent data available. Learn More.
Meet our team of dedicated industry specialists. Each team member brings a unique blend of knowledge, experience, and passion to their respective fields, ensuring that our clients receive the highest level of service and the most optimal outcomes.
News & Events
Beacon’s Christopher Thornberg weighs in on a study measuring the confidence levels of small and medium sized businesses towards today’s economic condidtions.
Amid a $31.5 billion budget deficit, Beacon’s Founding Partner Christopher Thornberg discusses California’s economic outlook with Inside California Politics.
Beacon Research Manager Taner Osman explains that the labor forces in inland California communities have recovered while in the coastal communities, there are 2.5% fewer people available to work compared to pre-pandemic.