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US Regional Service

Maximize resource allocation and investments in US regions, states and metros

Do you need to identify business opportunities? Evaluate an economic development project?

This service provides 30-year economic forecasts for 9 regions, 50 states, 380+ metropolitan areas and 3,100+ counties. US Regional data includes top-down analysis from our award-winning US national model and bottom-up data from our industry experts within IHS Markit. Leverage this data along with economic performance analysis to inform operational and investment decisions at the regional, state and metro level. Alternative planning scenarios and real estate-specific outlooks available for additional purchase. Delivered via our online platform, IHS Markit Connect, these resources let you:

  • Analyze markets for location decisions and labor force quality/availability
  • Optimize asset management
  • Benchmark revenue and sales projections by region
  • Assess the impact of economic development initiatives and policies
  • Evaluate business loans and investment portfolios

What's Included

Analysis

Event-driven
Customized email alerts on major US economic releases and major plant openings/expansions

Regional Reports (quarterly)
Includes regional economies and contains short-term forecasts covering 25 NAICS sectors and 200+ variables per region; economic structure analysis; outlook for regional employment growth sectors

State Reports (semi-annual)
Covers all 50 states, delivered in regional volumes for the Northeast, Midwest, South and West. Contains short-term forecasts of key indicators, analysis of economic structure, business climate, labor profiles, and key industries.

Metro Reports (Semi-annual)
executive summaries for the 100 largest metros. Contains short-term forecasts of key indicators, overviews of near-term developments, economic structure, labor and demographics, and key industries and employers.

Data & Forecasts

State Forecasts (monthly updates)
30-year forecasts for all 50 US states and the District of Columbia; 300 variables for each state

Metropolitan Forecasts (monthly updates)
30-year forecasts for 380+ metro areas and 31 metro divisions; 75 variables for each metro-area

County Forecasts (semi-annual updates)
30-year forecasts for 3,100+ countries; 40 variables for each county

Member Privileges

Analyst Access
On-demand access to more than 150 full-time economists

Webcasts
Email invitations to IHS Markit Economics webcasts hosted by our US economic forecasters

Service Add-Ons

Scenario Planning
  • Pessimistic and optimistic scenarios (monthly updates)
  • Coverage for all 50 states and 380+ metro areas
  • 30-year forecasts for core concepts, delivered via Excel
Residential Real Estate Outlook
  • 10-year forecasts for state (50 variables and metro areas 20 variables)
  • Demand-side driver analysis
  • Coverage of housing starts, delinquencies, affordability, prices, mortgage activity and more
Consulting and special projects

Solve Your Business Challenge

Challenge Solution
I need to keep pace with the economic outlook. Get up-to-date analysis of US data releases, and attend webcasts on the latest economic events and trends.
I need to stay informed of changes in my business area. Read our executive summaries to understand the short-term outlook for all 50 states and 100 largest metros.
I need to evaluate new market opportunities, loans, investments and business locations as well as benchmark sales/revenue goals. Review 30-year forecasts for every state, 363 metropolitan areas and 3,100+ counties.
I need to forecast load capacity for my regions. Leverage our regional-, state- and city-level forecasts to understand how demand for utilities in the areas you service will evolve.
I need to factor alternative outcomes into my business plans. Leverage baseline, pessimistic and optimistic scenarios for states and metros.
When faced with a timely decision, I can’t find objective intelligence or expertise. Email our team of 150+ full-time economists for a fast response.

Experts

David Iaia

Mr. Iaia oversees the state, metro, and county forecasts covering more than 300 metropolitan areas and 3,100 counties. He manages staffing and has an active role in development and enhancement of the group's data methodology. Additionally, he is the primary analyst for Virginia, Maryland, the District of Columbia, and Connecticut. He has done consulting work on the cost of doing business in states and for the U.S. Conference of Mayors on the importance of metro areas in the national economy. Prior to joining the company in 1998, Mr. Iaia was a graduate student in economics at Brown University, completing all the requirements but the dissertation. He also holds a Bachelor of Arts in Economics from Amherst College.

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Steven Frable

He prepares written analyses and quarterly forecasts for several states, including New York, New Jersey, Illinois, Washington, and Oregon, as well as the respective metropolitan statistical areas of those states. He attained a bachelors degree in Economics from Temple University, United States.

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Tom Jackson

Mr. Jackson provides actionable insight to clients on many topics of interest within my region, including agriculture, manufacturing, and tax revenues. In addition to producing published content, he frequently speak with clients to ensure that our forecast is clear, accurate, and relevant to client needs. Mr. Jackson earned Bachelor's and Masters degrees in Agricultural Economics from The Ohio State University, US.

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Karl Kuykendall

In addition to supporting the US Regional Economic Service, Mr. Kuykendall also works on consulting projects with a focus on economic impact assessments. He earned his Bachelor of Arts from the University of Massachusetts at Dartmouth, US, where he was a Commonwealth Scholar.

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Eric Po

He prepares economic forecasts and written reports for North Carolina, South Carolina, Georgia, Alabama, and Florida, as well as their respective metropolitan statistical areas. He holds a Bachelor of Arts in economics from Harvard College, US.

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James Kelly

His responsibilities include preparing forecasts and written economic analysis for states in the Midwest and South, including Kansas, Missouri, Arkansas, Kentucky, Tennessee and Mississippi, as well as their respective metropolitan areas. A native of northwest Arkansas, he continues to track developments and monitor trends in the region's economy. He also helps spearhead US Regional's use of data analytics and Power BI to make forecast data and visualizations more accessible for clients. Before joining IHS Markit, he received a Bachelor of Science in Economics from the University of Missouri, US, and a Master of Science in Economics from the University of Illinois at Urbana-Champaign, US.

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Mike Lynch

In his role with the US Economic Service, Mike oversees the state historical databanking, model development, and economic simulation capabilities of the Regional team. Additionally, his geographical areas of specialization include several states in the Northeast region, including Massachusetts, Maine, and Rhode Island, as well as the metropolitan statistical areas of those states. He tracks regional economic developments on a daily basis, and also handles interviews with media outlets across the Northeast regarding both national and local economic performance. He received his degree in Economics from Harvard College, US.

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