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REACT

Regional Economic Analysis and Change Tool

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Modeling the Regional Economic Impacts of Policies and Investments

REACT is an input-output modeling tool that enables our clients and partners to deliver a high-quality, comprehensive and tailored quantitative assessment of how local and regional economies will react to changes in policy, investment, or industry activity.

The model is a cost effective option for collaborators and clients to efficiently and accurately conduct impact studies and can estimate direct, indirect, induced and total economic impacts for a wide range of policy, investment and industry initiatives and scenarios.

Designed for both in-house use by Cambridge Econometrics and for collaborators and clients to conduct their own impact studies, REACT offers new insights on the ever-changing and complex landscape of US economic policy.

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Economic Impact Assessment With React

REACT builds on Cambridge Econometrics’ 40 years of regional economic modeling expertise to develop a world-class, cost effective input-output economic impact tool, with an integrated framework of employment, income (wages), output and value added by detailed industry sector.

The model generates results on the supply chain / intermediate impacts (known as indirect) and the effects of the re-spending of wages and income (known as induced) to estimate total economic impacts (known as multiplier effects). It can also estimate state-level tax revenue impacts.

Key Benefits

Reliable and accurate insights

Built from the latest US Bureau of Economic Analysis (BEA) and US Bureau of Labor Statistics (BLS) input-output and GDP data

 

Granular and localized analysis

Customized with detailed, up-to-date industry employment and wage data at the county level from data-Fab

 

Broad and comprehensive industry scope

Coverage of 166 different sectors

A holistic approach

Integrated model system built on sectoral relationships and interactions

Customizable application

Regions can be configured for any combination of counties, metro areas, or states

 

Versatile across industries and sectors

Designed for a wide range of applications including construction or development projects, new or expanded industries, tourism and visitation studies, economic contributions of industries, etc.

Get in touch to discover how REACT can deliver tailored economic insights for you.

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Dan Hodge

Executive Vice President

t: + 1 413 206 4001

e:dh@camecon.com

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