Economy Watch now offering online economic analyses

by Wally Northway

Published: February 24,2011

Tags: economic development, economy, education, higher education

STARKVILLE — A new interactive tool available through Mississippi State University’s Economy Watch is giving students, business owners, economic developers and others easy access to a variety of economic analyses.

Available at mississippi.reaproject.org, the Mississippi Regional Economic Analysis Project provides users the opportunity to, among other things, assess changing economic conditions in a specific county or region, make comparisons between Mississippi, other states or the nation as a whole and examine trends.

BankPlus and Entergy are corporate sponsors.

The online service provides a range of reporting options related to per capita income, population, total personal income, employment, total industry earnings and average earnings per job. The system uses annual data compiled by the U.S. Department of Commerce’s Bureau of Economic Analysis.

A few of the MS-REAP tools include: comparative trend analysis; comparative economic indicators; major components of income; shift-share analysis; industry structure and performance; income structure and growth; leading, slipping, gaining and lagging analysis; selected economic indicators, personal income by major source; full- and part-time employment; transfer payments; and, BEA’s regional facts.

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