Regional and Sub-Regional Analysis

Delivering the knowledge and expertise businesses and governments need to accomplish their strategic goals

Beacon Economics’ wide-ranging regional and sub-regional economic analysis allows economic developers, city and county governments, private businesses, and other local stakeholders to understand deeply specific trends occurring within their communities – and to take actionable steps that capitalize on local strengths and address challenges. Beacon’s regional analysis practice spans multiple products, which can draw from both public and proprietary data sets to align with client goals and deliver answers to pressing questions about future economic development, investment, and planning.

Beacon’s Regional Analysis Practice is:

INTER-DISCIPLINARY

Beacon leverages its expertise across multiple practice areas, from economic and revenue forecasting to sustainable planning to workforce development, and applies it to the firm’s regional and sub-regional analysis, allowing for more complete, illuminating, and actionable results.

ACTION-ORIENTED

Beacon equips our partners and clients with relevant tools and data-based regional analysis, allowing them to articulate local needs, goals, and investment value to key constituencies and stakeholders.

LOCALIZED

Beacon’s analysis is always tailored to the unique needs and research questions of each client. The scope of work and data modeling developed for each project capture the nature and nuance of the issues and key questions faced by our clients. Beacon’s diverse portfolio of regionally-focused work includes drilldowns into a single city council district to reveal employment, income, and other trends; neighborhood level analyses of housing and workforce needs; analyses of private wage growth in a specific downtown area; and comparative analyses of industry growth and wages in a neighborhood or sub-region.

Sample Projects and Clients:

Council Districts and Specific Areas Report | City of Anaheim

Future Housing and Workforce Needs Report | Downtown Long Beach Alliance, City of Long Beach

Oakland Tech Sector Report | Oakland Metropolitan Chamber of Commerce

Employment & Demographic Analysis, Downtown Los Angeles | Central City Association of Los Angeles

City of San Luis Obispo Employment Report Card | City of San Luis Obispo

City Council District Drilldown Report, District 10 | City of Los Angeles

How does Beacon Economics approach Regional Analysis?

Economic Development and Local Government

Beacon’s regional and sub-regional analysis is widely used by economic developers and local governments to gain an intensive understanding of economic trends in their communities and to answer unique, localized research questions. Leaders looking to understand how companies are performing in a specific neighborhood compared to another neighborhood, or wanting to identify the number of firm births and deaths that are occurring in a local industry, or seeking to understand how and if wages are growing in their community’s urban core, gain clear, accurate answers from Beacon’s drilled-down analysis and ability to leverage both public and proprietary data set.

Taxable Sales and Public Employment Forecast

Opportunity Zones

The 2017 Federal tax bill allows California’s Governor to designate certain U.S. Census tracts as “Opportunity Zones.” Investments made in these zones by individuals can have capital gains taxes deferred or eliminated. The new law represents a major opportunity and has set off a flurry of activity among local governments across the state as Opportunity Zone designations are applied for and established. Beacon’s regional and sub-regional analysis can play a strong role in informing and validating investment efforts and initiatives through localized assessments of economic and development needs, and accurate short- and long-run forecasts of public and private revenue streams.

Real Estate Investment and Development

Beacon’s wide-ranging expertise in residential and commercial real estate markets, sustainable/green communities, and housing and land use are combined with drilled-down, location-specific data to deliver genuinely informative and immediately useful analyses that support new real estate development, investment, and public planning.

Industry

Beacon analyzes specific industries and job sectors within a region or sub-region in support of both economic development and private business and investment. Within either broad or narrow geographic areas, Beacon identifies where and how industry growth is occurring, reveals specific industry drivers of economic growth such as whether new business establishments are forming in an area, and assesses current and future workforce and skills demand by business and industry.

Regional Analysis Services

Learn More

Economic and
Revenue Forecasting

Beacon delivers accurate, rigorously constructed outlooks that inform private and public sector planning, policy, investment, and growth.

Learn More

Real Estate
Analysis

Home to one of California’s leading teams of real estate market analysts and due diligence experts …

Learn More

Regional Intelligence
Reports

Beacon offers some of the most concise, targeted, and accurate regional economic analyses available in today’s market.

Learn More

Regional Economic
Profiles

Beacon provides local leaders with an essential understanding of how an economy is performing compared to similar and surrounding economies.

Learn More

Regional Forecast Datasheets

Beacon Economics Regional Forecast DataSheets give investors, local governments, …

More Information

For information about any of the Beacon Economics practice areas, please contact:

Business Development Manager Daniel Fowler at 424-666-2165 or [email protected]

Contact Daniel Fowler

UNIVERSITY OF CALIFORNIA, RIVERSIDE

Regional and Sub-Regional Analysis