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Custom Modelling, Business Scenarios & Forecasting Solutions

Utilizing our proprietary and custom business models, scenario findings, data, and analytical expertise, our consultants create tailored forecasts that enable you to meet your greatest strategic and operational challenges.

Drawing on unparalleled depth and breadth of expertise, proven forecasting methodologies, best-in-class data, and deep industry expertise, we provide tailored solutions and actionable insights that address client-specific requirements and challenges.

We believe accurate forecasting is enabled by a combination of subject matter expertise across a range of industries and countries; unparalleled data collection; and comprehensive models that link the global economy, price changes, industry impacts, and risk factors. This combination allows us to provide the analysis and insights you need for your hardest and most challenging “what-if” scenarios. Our diverse team includes social and political scientists, economists, mathematicians, data scientists, and a wide range of industry professionals. We are constantly expanding our knowledge base to enable best-in-class innovation and analysis.

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We help clients across corporate, financial, and government sectors improve profitability, reduce costs, and achieve critical policy objectives.

Our solutions can help you with:
  • Demand planning
  • Strategic planning
  • Sales & operations planning
  • Financial planning & analysis
  • Business/product line forecasting
  • Alternative planning scenarios
  • Budgeting


Jim Diffley

Formerly chief economist of IHS Markit US Regional Services Group, he was responsible for the Regional Core Macroeconomic Service and the Global Insight Real Estate and Construction Service. Since 1998, Mr. Diffley has supervised the quarterly economic forecast of the 50 states and over 300 metropolitan areas of the United States. He regularly makes presentations of these regional economic forecasts and analysis to clients, conferences, governmental bodies and the press.Mr. Diffley is now responsible for customized consulting projects, specializing in public finance. These have included long-term projections of cigarette consumption, forecasts of capital gains realizations, analysis of the economic impact of the securities industry on New York State, analysis of the impact of changing oil prices on local economies and the economic impact of various facility locations. Mr. Diffley's academic work in the US includes a Bachelor of Arts in Mathematics & Economics from State University of New York at Buffalo, a Master of Arts in Economics and a doctorate (ABD) at the State University of New York. From 1982 to 1987, he was on the economics faculty at Adelphi University, US.

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Chris Varvares

Mr. Varvares has nearly 40 years of experience in macroeconomic modeling, forecasting and policy analysis, as co-head of US Economics at IHS Markit, in his previous role as a principal of Macroeconomic Advisers and as a member of the staff of the President's Council of Economic Advisers (1981-1982); he served as a member of the US delegation to the OECD in April 1982. Macroeconomic Advisers was acquired by IHS Markit in 2017. He and the IHS Markit US economic principals serve as consultants to key agencies of the US and foreign governments, major trade associations, and private corporations, and are widely quoted in the business and financial media. IHS Markit is widely recognized as among the most accurate forecasters of the US economy. Mr. Varvares is a recent past president and a former director of the National Association for Business Economics (NABE). He served as president of the NABE Gateway chapter in St.Louis and is a member of the American Economic Association. He serves as a member of the New York State Economic and Revenue Advisory Board and has participated in the meetings of the Outside Consultants to the CBO, has been a panelist for the World Economic Forum, and he sits on advisory boards for the Olin Business School at Washington University and the Walker School of Business and Technology at Webster University. Mr. Varvares holds a Bachelor of Arts in Economics from The George Washington University and received his graduate training (ABD) in Economics from Washington University in St. Louis, where he was also a member of the adjunct faculty in both the economics department and the Olin School of Business.

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Mr. Mohsen Bonakdarpour

Mohsen Bonakdarpour is Executive Director of consulting in the Economic and Country Risk Division of IHS Markit, working on macroeconomic and industry economics since 1986. He brings more than 30 years of experience in macroeconomic, regional, and industry consulting with a strong focus on scenario analysis, economic impact assessments, and applications of market planning. Mohsen has been responsible for development of a detailed regional application (Business Market Insights) and global information and communication technology capability. He has expertise in regional economic impact assessment and is fluent in relevant modeling tools to a wide array of issues and policies.Mr. Bonakdarpour worked as a partner with Cisco's Global Market Intelligence group to build a model to estimate total addressable market for network technologies and services. The model has become on the forefront of strategic marketing initiative for Cisco via their global market view model and database.Mohsen was the project manager for series of large scale energy related projects including Crude Oil Export Decision - the Fact-based study and analysis played an important role in lifting the ban, Americas New Energy Future - studies had an extraordinary impact at a time of debate over future of shale and was cited in Presidential State of the Union Address, and Restarting the Engine in US Gulf of Mexico - client used the research to have BOEMER accelerate licensing process in the Gulf of Mexico.Mr. Bonakdarpour holds an M.A. in Economics and a B.S. in Economics and Computer Science from Temple University.

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Scott Hazelton

Scott Hazelton oversees bespoke research for clients in construction, heavy equipment, building materials and industrial manufacturing markets. Projects often combine our historical and forecast data with association, company or third-party data to drive actionable business insight, such as market sizing, segmentation and growth potential for both US and global applications. He is a frequent speaker at industry conferences and provides executive briefings. Mr. Hazelton has worked with many of the construction and mining equipment OEMs, equipment rental companies, building materials suppliers and trade associations within manufacturing and construction. He is a regular contributor to numerous industry publications, including International Construction and Rental Management. He began his career as a housing economist with the US Macroeconomic Service, where he developed the quarterly Global Construction Outlook, the US Construction Quarterly Briefing and the US Construction: State and Metropolitan Focus forecasts and commentary. He also developed forecasting models for the US renovation and infrastructure markets. Mr. Hazelton earned a Bachelor of Arts in Economics with highest honors from Bates College in the United States.

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