Estimating The Economic Impact Of Commercial Real Estate

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Ryan Stokes

Supplement to the Three Rivers Model. http://www.ciremagazine.com/article.php?article_id=1330

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Estimating the Economic Impact of Commercial Real Estate OVERVIEW

Economic Impact ,[object Object],[object Object]

How is economic impact measured? ,[object Object],[object Object],[object Object]

What is included? ,[object Object],[object Object],[object Object],[object Object]

Three Rivers Model ,[object Object],[object Object]

What inputs are needed? ,[object Object],[object Object],[object Object],[object Object]

How does it work? ,[object Object],[object Object],[object Object]

Step 1: Define Region and Order RIMS II Data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Step 2: Calculate Final Demand ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Step 3: Apply Multipliers Step 1 Step 2 Step 3 Total Employment Multiplier/1Million Total Earnings Multiplier Total Output Multiplier Final Demand

Case Study – Construction ,[object Object],Step 1 Step 2 Step 3 19.3875/1,000,000 0.7593 2.3339 $15,000,000

Case Study – Business Operations ,[object Object],Step 1 Step 2 Step 3 17.6334/1,000,000 0.7903 2.0506 $48,893,600

Advanced Application ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Conclusion ,[object Object],[object Object],[object Object]

Publication Web Address: http://www.ciremagazine.com/article.php?article_id=1330

Contact Information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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