Unlocking Regional Economic Insights with REACT
Cambridge Econometrics’ Regional Economic Analysis and Change Tool (REACT) is helping clients and partners across the U.S. deliver high-quality economic impact assessments for policy, investment, and industry initiatives. Built on decades of economic modelling expertise, REACT is enabling more informed decisions at the county, state, and national levels.
A Proven Tool for Economic Impact Analysis
REACT is being applied in partnership with clients to quantify the economic scale of investments and key industries with precision and clarity. Whether used in partnership with Cambridge Econometrics or independently by our clients and partners, REACT offers a flexible, cost-effective solution for conducting robust economic impact studies tailored to specific geographies and sectors.
Clients and partners have used REACT to:
- Estimate the direct and total economic contributions of the MASS MoCA museum and the events they host on the Berkshire County economy
- Develop a detailed business profile of the Devens business and industrial park, and applying REACT to quantify the economic impacts for the state of Massachusetts
- Analyze the potential tourism and economic development benefits of the proposed bike and pedestrian Adventure Trail to connect Williamstown and North Adams
We can’t thank the team at Cambridge Econometrics enough for their partnership in putting our economic impact report together. They’re incredible to work with and the findings from this study are profoundly valuable as we continue to more accurately present both the museum's direct economic activity as well as the ripple effects in the region.
MASS MoCA
Executive Vice President, Dan Hodge adds:
It is highly rewarding to see the model we’ve developed over the past few years generate results and impacts that have provided quantitative findings valued by our clients and collaborators. We’ve seen successful model applications across all areas and sectors.
Executive Vice President
What Sets REACT Apart?
REACT combines local and national data to provide a customized representation of the relevant economy. With detailed sectoral coverage and integrated modelling of employment, income, output, and value added, it captures direct, indirect, and induced effects, including supply chain dynamics and consumer spending effects to estimate total economic and tax revenue impacts.
Key Features of the Tool:
Granular Local Insights: Enhanced with county-level employment and wage data from data-Fab
Comprehensive Sector Coverage: over 165 sectors included by default
Versatile Applications
Infrastructure investments like transportation, water/sewer, and energy
Get in touch and find out more about how REACT can deliver robust and tailored impact assessments for you
