Dr. Charles Berry, Professor Emeritus of Economics at the University of Cincinnati often stated that one can assess the conditions in the general economy by the size of a donut hole. What Dr. Berry understood forms the basis for the various economic analyses we offer clients faced with increasingly complex markets and government activity.
BayLou has extensive experience in analyzing complex economic questions under consideration by corporations and small businesses, institutions, government jurisdictions, faith-based and community organizations, trade associations, and citizens groups.
Our analytic methods target three different types economic questions.
Descriptive analysis synthesizes economic indicators with key internal measures to present clients a picture of domestic and global conditions as determinants on the organization’s activities. their primary determinants. For instance, a regional mall is interested in the extent to which corporate profits are sensitive to changes in GDP. A manufacturer must understand its revenues are tied to changing prices in raw materials, the unemployment rate, and currency exchange rates with its primary foreign supplier. Or a collaboration of government agencies and community organizations are faced with understanding the impact that closing service locations have had on incidents of crime and incarceration rates.
Predictive analysis offers our judgment of likely outcomes of a client’s proposed change given prevailing economic conditions. For instance, an economy lodge company has to decide whether to change its pricing structure in light of rising fuel prices. We provide this type of analysis to assist such decisions as pricing, capital investments, logistics.
Policy analysis looks at the merits of a proposed government policy, program, restructure, or law. We apply this type of analysis for a wide range of proposals, including:
• Tax changes
• Privatization of services
• Transportation (e.g., light rail)
• Building codes
• Procurement policy (e.g., inclusion)
• Public investment (e.g., schools, stadiums)
• Waste management
• Environmental regulations
• Land annexation
• Development initiative (e.g., waterfront)
• Operations and supply chain redesign
• Tax changes (e.g., sales, property, income, etc)
Contact us for a copy of a sample analysis.