Terry specializes in land use and transportation planning.Methods and Tools Econometric & Statistical Analysis & Modeling
ECONorthwest can construct or deconstruct any econometric and statistical model or analysis.Economic Impact Analysis
ECONorthwest has extensive capabilities estimating the economic and fiscal impacts of a wide range of projects.Benefit-Cost Analysis
ECONorthwest applies benefit-cost analysis to help decision makers compare different project and policy options.
Since the start of the recession in 2007, newspaper headlines across the country have been dominated by stories of financial crisis, both for the private sector, and the public sector. In a weak economy, tax revenues have seen sluggish growth, or even declines in some areas, but demand for government services has not abated. Governments at all levels (federal, state, and local) have to make hard decisions, prioritizing projects, and determining which projects receive funding, and which are cut.
The recession may have highlighted the need for the public sector to make sound fiscal decisions, but this is hardly a new or temporary issue. Even in the best of economic times, governments should seek to be a good steward of taxpayer dollars, and carefully evaluate their financial decisions. ECONorthwest helps government make these tough decisions by: