AREAS OF EXPERTISE

Our team will help you understand and quantify the economic benefits associated with your organization’s operations and capital investments. Our clients have used our work to elevate awareness of their projects and increase the support for their organization and its activities. The primary purpose of an economic impact study is to measure the overall impact that a project, event, business, or organization has on the economy of a specific geographical area. We examine the economic impact by calculating economic activity (or output), jobs, and worker earnings. We may also include additional impacts to the local economy, such as generated tax revenue, business and resident attraction, as well as societal and environmental benefits.

Cincinnati Scholarship Foundation

Economic Benefits of the Cincinnati Scholarship Foundation

| Economic Impact Analysis | No Comments
Students who receive scholarships for college education not only assume less…
Mercy Health

Economic Impact of Mercy Health

| Economic Impact Analysis | No Comments
Mercy Health, the largest healthcare system in Ohio, operates six regional…
Cincinnati Museum Center

The Economic and Community Benefits of Cincinnati Museum Center

| Economic Impact Analysis | No Comments
A cultural icon in the region, the Cincinnati Museum Center is…
Film Cincinnati

The Economic Impact and Related Community Benefits of the Film Industry on the Cincinnati Metropolitan Area

| Economic Impact Analysis, Featured | No Comments
The film industry in Greater Cincinnati is supported by Film Cincinnati,…

Public policy analyses provide clients with the resources to better understand the  impacts of a new tax proposal or economic development strategy. Economic analyses of the use of public dollars are used in a variety of settings, ranging from education to health care, to utilities and business incentives. Both public finance and tax policy studies may be used to inform the public, as well as stakeholders, on the impacts of a proposed policy amendment, tax proposal, or project.

Ohio Sales Tax Holiday

Ohio Sales Tax Holiday

| Public Policy Analysis | No Comments
How does a three-day break from sales tax on back-to-school clothing…
Disincentives and Opportunity Costs for Working Mothers

Outlining the Disincentives and Opportunity Costs for Working Mothers

| Public Policy Analysis | No Comments
How could getting a raise put a family’s financial well-being in…
Clark County Ohio

Profiling the Disincentives for Low-Wage Earners in Clark County

| Featured, Public Policy Analysis | No Comments
The report examines the conditions in which the current public assistance…

Predictive analytics empowers our clients to make data-driven decisions. Statistical modeling uncovers relationships among customers, markets, and other business indicators to inform strategic decision making. Such models typically include projections of future market demand and allocation of resources. Forecasts may also detail the impact on revenue streams for local governments, for example, through population and industry trends. Modeling changes in tax policy may also be measured, in order to describe how local businesses and governments would be impacted.

Existing labor force, as well as trends in industries, employment, population, educational attainment, and demographics all influence a local market and its potential. Market and Industry Analyses aid local economic development officials with the necessary data and information to make informed decisions regarding business and employee attraction and retention.

Deerfield Township property redevelopment

Deerfield Township Kingswood Property Redevelopment Scenarios

| Economic Development | No Comments
As development of suburban communities progresses, elected and appointed leaders benefit…
Multi-Unit Housing Analysis

Deerfield Township Multi-Unit Housing Analysis

| Economic Development | No Comments
As Deerfield Township elected officials considered adding a large-scale multi-unit housing…
Martin Luther King I-71 interchange

Economic Impact Analysis of the Martin Luther King I-71 Interchange

| Economic Development | No Comments
Transportation improvement projects can transform a community’s economic vitality. They can…
reindustrializing Hamilton County

Economic Impact of Reindustrializing Hamilton County

| Economic Development | No Comments
A large scale redevelopment of 2,000 acres of industrial land for…
Price Hill Incline District

Price Hill Market Analysis

| Economic Development | No Comments
The development of the Incline District in the west side city…
Cincinnati Works

The Economic Benefits of Cincinnati Works

| Economic Development | No Comments
Cincinnati Works assists individuals in advancing toward economic self-sufficiency. It achieves…

Return on Investment analysis measures an impact or financial return to a program, services and/or to the community at-large, versus the cost of operating and maintaining the program or services. ROIs are ratios, expressed as percentages, measuring the gain or loss generated on an investment relative to the money invested. Returns on Investments may be conducted to determine the implementation of an intervention, or the efficiency/effectiveness of an existing program or service. ROIs aid local officials and businesses in making informed business decisions regarding employees, students, customers, and stakeholders.

Benefits of Great Oaks

The Economic Benefits of Great Oaks Career Campuses

| Return on Investment | No Comments
Additional training and certifications a student earns make a difference in…

In Benefit Cost Analyses, the costs of an activity or project are evaluated, as well as the benefits it provides. In a BCA, program/project costs and benefits are expressed in dollars, or monetized. Net benefits are then calculated and a benefit-cost ratio established, describing whether or not the project is cost-effective. BCAs may be conducted before, during, or after a project is completed. Benefit-Cost analyses assist decision makers in assessing projects and activities in economic terms.

Western Hills Viaduct

Benefit Cost Analysis of Replacing the Western Hills Viaduct

| Benefit-Cost Analysis | No Comments
We prepared the following analysis for the City of Cincinnati in October…
2018 holiday retail sales

2019 Holiday Forecast of Ohio Retail Spending

| Featured, Modelling and Statistical Forecasting | No Comments
To access the findings, go here.
Western Hills Viaduct

Benefit Cost Analysis of Replacing the Western Hills Viaduct

| Benefit-Cost Analysis | No Comments
We prepared the following analysis for the City of Cincinnati in October…
Cincinnati income tax

Cincinnati Income Tax Forecast

| Modelling and Statistical Forecasting | No Comments
Forecasted income tax revenues are at the heart of long-term budget…
Deerfield Township property redevelopment

Deerfield Township Kingswood Property Redevelopment Scenarios

| Economic Development | No Comments
As development of suburban communities progresses, elected and appointed leaders benefit…
Multi-Unit Housing Analysis

Deerfield Township Multi-Unit Housing Analysis

| Economic Development | No Comments
As Deerfield Township elected officials considered adding a large-scale multi-unit housing…
Cincinnati Scholarship Foundation

Economic Benefits of the Cincinnati Scholarship Foundation

| Economic Impact Analysis | No Comments
Students who receive scholarships for college education not only assume less…
Martin Luther King I-71 interchange

Economic Impact Analysis of the Martin Luther King I-71 Interchange

| Economic Development | No Comments
Transportation improvement projects can transform a community’s economic vitality. They can…
Mercy Health

Economic Impact of Mercy Health

| Economic Impact Analysis | No Comments
Mercy Health, the largest healthcare system in Ohio, operates six regional…
reindustrializing Hamilton County

Economic Impact of Reindustrializing Hamilton County

| Economic Development | No Comments
A large scale redevelopment of 2,000 acres of industrial land for…

Jobs Outlook 2028: Data and insights on job growth in the Cincinnati Region 2018-2028

| Featured, Modelling and Statistical Forecasting | No Comments
This report examines the composition and projected change in jobs in…
Ohio Sales Tax Holiday

Ohio Sales Tax Holiday

| Public Policy Analysis | No Comments
How does a three-day break from sales tax on back-to-school clothing…
Disincentives and Opportunity Costs for Working Mothers

Outlining the Disincentives and Opportunity Costs for Working Mothers

| Public Policy Analysis | No Comments
How could getting a raise put a family’s financial well-being in…
Price Hill Incline District

Price Hill Market Analysis

| Economic Development | No Comments
The development of the Incline District in the west side city…
Clark County Ohio

Profiling the Disincentives for Low-Wage Earners in Clark County

| Featured, Public Policy Analysis | No Comments
The report examines the conditions in which the current public assistance…
Cincinnati Museum Center

The Economic and Community Benefits of Cincinnati Museum Center

| Economic Impact Analysis | No Comments
A cultural icon in the region, the Cincinnati Museum Center is…
Cincinnati Works

The Economic Benefits of Cincinnati Works

| Economic Development | No Comments
Cincinnati Works assists individuals in advancing toward economic self-sufficiency. It achieves…
Benefits of Great Oaks

The Economic Benefits of Great Oaks Career Campuses

| Return on Investment | No Comments
Additional training and certifications a student earns make a difference in…
Film Cincinnati

The Economic Impact and Related Community Benefits of the Film Industry on the Cincinnati Metropolitan Area

| Economic Impact Analysis, Featured | No Comments
The film industry in Greater Cincinnati is supported by Film Cincinnati,…

What our clients say

Newaygo County Economic Development Office

“The Center worked to understand our community and our needs. They developed a set of custom economic indicators for Newaygo County, MI. We believe that this information is critical for expressing unique assets of our community and in making important decisions for our economic vitality.”

Andy Lofgren, Executive Director
Newaygo County Economic Development Office

Cincinnati Works

“As a research-based organization, Cincinnati Works relies heavily on the type of data and analysis the Economic Center provides. Their ability to analyze economic trends and assess the impact they have on job seekers and workforce development is valuable to the work that we do here at Cincinnati Works.”

Peggy Zink, President
Cincinnati Works

Wilmington College

“We needed to communicate the value of our institution in the local community and the Economics Center’s economic impact analysis helped us accomplish that goal. They were very easy to work with and met our expectations. We will certainly utilize their services for economic analysis in the future and would recommend them to others.”

Jim Reynolds, Interim President
Wilmington College

Prevention and Public Health Policy

“The Economics Center was a critical partner in the development of the HPIO Health Value Dashboard. They were responsive to our needs, maintained frequent communication, and provided valuable expertise on ranking methodology. We look forward to working with the Economics Center again for the development ofour next Dashboard in 2016.”

Amy Stevens, Director
Prevention and Public Health Policy

Vehr Communications

“The Economics Center brings analytical expertise and valuable insights that helps our clients to develop and, then, communicate key messages. The research team understands we are in a world increasingly dependent on data for decision making. The Center is an important partner and a valuable resource to our community.”

Nick Vehr, President
Vehr Communications

Western & Southern Open

“Nothing helps make your case like numbers. We always knew that our international professional tennis event was big, but never could appreciate the true magnitude until we worked with the Economics Center on a true economic impact study. Since, we’ve used the data to forge countless partnerships in Cincinnati with the end goal of bringing more people and eyeballs to our great city and region.”

Will Sikes, Director, Marketing & Communications
Western & Southern Open

The Cadmus Group, Inc.

“The Economics Center has proven to be a great partner and an excellent resource to Cadmus. Their knowledge about the local communityand economy—coupled with their analytic capabilities—have been important components of our evaluation and were very well received by our client. We look forward to our continued collaboration with the Center.”

Jamie Drakos, Sr. Associate
The Cadmus Group, Inc.

Museum Center, Inc.

“We’revery pleased with the results of this study. Often times, when people think about arts and culture organizations, they do not take into account the economic benefits that come with the educational and entertainment benefits. That was one of our main goalswhen commissioning this project.”

Douglass W. McDonald, President and CEO
Museum Center, Inc.

Cincinnati Zoo

“The team at the Economics Center at the University of Cincinnati really delivered when it came to helping the Cincinnati Zoo communicate our regional impact. Their innovative use of infographics helped us quickly and effectively convey our pretty wide array of messages. The UC team is creative, great to work with, and definitely helped the zoo succeed.”

Thane Maynard, Director
Cincinnati Zoo

Cradle Cincinnati

“Everyone comes to the issue of preterm birth because of their hearts. So, it’s often easy for stakeholders to overlook the enormous financial incentive to care about the issue. The Economics Center developed a thorough, easy-to-understand business case for investing in prematurity reduction. It’s already helped start new conversations around investment in our work.”

Ryan Adcock, Executive Director
Cradle Cincinnati

Uptown Consortium, Inc.

“The Uptown Consortium has been drawing on UC Economics Center’s data and insights since we were founded more than 10 years ago. Most recently, we relied on the Center to quantify the economic impact of the Uptown neighborhoods and the new I-71 interchange at Martin Luther King Drive in Uptown. As usual, the Center was responsive, professional and thorough, and its unbiased report has had a galvanizing effect on government, community and business leaders, as they now have a firmer grasp on the potential unleashed by this massive infrastructure project.”

Beth Robinson, CEcD, President & CEO
Uptown Consortium, Inc.

Cincinnati Museum Center

“We have a long history of working with the Economics Center. The analytics the Center provides are an important metric that demonstrates the value of what we bring to our community, beyond the direct arts and cultural facet in which we are traditionally viewed. The Center validates the broader economic value and impact we deliver and enables us to communicate in terms outside of education and entertainment. The studies they have provided give us ways to view our organization and its role within our community differently, and it gives our community a deeper understanding of the significance of Cincinnati Museum Center.”

Elizabeth Pierce, President & CEO
Cincinnati Museum Center

Deerfield Township

“The TIF Model is intuitive, easy and flexible for report to the Township Trustees to help them understand the resources that Deerfield Township may have available. The Trustees really appreciate having a tool that can inform planning for the future, beyond the upcoming year.”

John Wahle, Fiscal Officer
Deerfield Township