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Author Archives: Paul
How to Maximize Productivity
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Making the Most of Your Commute
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50 Sides to the Same Coin: A Comparison of States’ Approaches to Targeted Employment Area Certification
For EB-5 project sponsors, the step of determining whether a project is located in a targeted employment area (TEA) can be critical. Unfortunately it can also be frustrating. While the federal regulations that broadly define a TEA do apply nationally, … Read More
What's the difference between Economic Output and GDP?
Question: If an impact study identifies an increase in economic output of $1.0 million, is that the same as a $1.0 million increase in the gross domestic product? Answer: No. If you thought the answer was yes or weren’t certain, … Read More
Economic vs. Fiscal Impacts – What's More Important for Economic Developers? For Best Results, Estimate Both
Newspaper articles and press releases often describe business location or expansion deals in terms of jobs and average pay. Sometimes the economic output, usually in millions or better yet billions, is also touted to underscore the massive economic impact of … Read More
Dude, Where's My TEA?
Changes to data used in unemployment calculations may have significant impacts on a site’s ability to qualify as a Targeted Employment Area (TEA) On April 18, 2014, the Bureau of Labor Statistics (BLS) released the final 2013 annual unemployment rates … Read More
2014 Targeted Employment Area Data Released
The Bureau of Labor Statistics released the finalized 2013 annual average unemployment data for metropolitan statistical areas (MSAs), cities and counties on Friday April 18, 2014. These data commonly serve as the basis for high unemployment area calculations to determine … Read More
EB-5 Geographies Explained
The number of approved EB-5 regional centers has grown exponentially over the last several years and one of the many confusing elements of the EB-5 program has to do with the levels of geographic scope with respect to the regional … Read More
2013 Targeted Employment Area Data Released
The Bureau of Labor Statistics released the finalized 2012 annual average unemployment data for metropolitan statistical areas (MSAs), cities and counties on Friday April 19, 2013. These data commonly serve as the basis for high unemployment area calculations to determine … Read More