Consulting « EMSI | Economic Modeling Specialists Inc.

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Timely, accurate, and effective reports

EMSI delivers customized, easy-to-understand reports that help regional planners and decision-makers analyze a range of workforce, education, and economic development issues. Since 2000, EMSI has examined the impact of higher education with our trademark Economic Impact Study (EIS)—used by more than 50% of the nation’s community colleges—plus looked at regional labor force issues, industry recruitment scenarios, policy impacts, and more.

Our staff of economists, data analysts, technical writers, and designers develop timely, accurate, and effective reports—from specifications to finished product.

EMSI’s custom economic analysis includes:

  • Economic impact studies for higher education
  • Industry cluster analysis
  • State of the workforce (job growth/decline, location quotient, shift share, demographics)
  • Return on investment analysis of training programs
  • Labor pool composition and skill gap analysis
  • Asset mapping
  • Industry and occupation projections
  • Economic impact scenarios
  • Educational program gaps and surpluses

Meet our consultants!

Click here for more on EMSI's Economic Impact Study (and UK Impact Study)

Examples of our Consulting Services

WORKFORCE DEVELOPMENT

RWA Competency Study: EMSI, I-Open, and Regionerate completed a comprehensive industry, workforce, and competency study for the Regional Workforce Alliance (RWA). The project identified core “in-demand” occupational competencies within the region, determined focus industries and occupations, and looked at ways to develop clearer career pathways and bridge the gap between workforce, business, and education professionals.

Click here for a case study

CEWD Supply/Demand Analysis: EMSI put together multiple workforce supply and demand reports for the Center for Energy Workforce Development that evaluated the number of graduates projected in energy-related fields (supply) throughout the country and the amount of estimated annual openings (demand) in those fields.

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EDUCATION

PA STEM Analysis: EMSI evaluated occupational demand for 198 specific STEM occupations across Pennsylvania. The goal was to better understand the role of STEM occupations in the Pennsylvania economy as well as understand the role of the state’s postsecondary institutions in supplying the education and training to meet that occupational demand.

CWI Gap Analysis: EMSI performed an educational gap analysis for the College of Western Idaho that examined the viability of each of CWI’s current and potential future programs relative to regional supply and demand. The report also gave CWI an economic overview of its region, and the educational characteristics of the area’s population.

 

 

 

 

 

 

Central Iowa Regional Innovation Project: EMSI and Maher and Maher provided functional economic area, asset mapping, and industry focus studies for the central Iowa region surrounding Newton, IA. This was part of a Department of Labor Regional Innovation Grant, provided to Newton because local manufacturer Whirlpool (formerly Maytag) decided to close down the plant and former Maytag headquarters, effectively eliminating 2,000 jobs in a town of 16,000 people. The result simultaneously provided new jobs and diversified the local economy.

Read this case study for more

ECONOMIC DEVELOPMENT

Dayton (OH) Airport Assessment: EMSI and Janus Economics completed an economic development assessment for the Dayton MSA and 600 acres of property surrounding the Dayton International Airport. The study included a supply gap analysis for all industries in the region, and an analysis that matched the labor needs of the major supply gap industries with the available workforce in the region based on knowledge, skills, and abilities embedded in the occupations.

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Miscellaneous Projects

In addition to specializing in reports tailored to education, workforce development, and economic development agencies, EMSI is also involved in several exciting miscellaneous projects:

Perkins Grant Portal

EMSI has worked with the Arkansas Department of Higher Education to create a Perkins Grant Portal. The Portal helps ADHE adhere to the stringent performance accountability requirements that are part of the Carl D. Perkins Career and Technical Education program.

Monieca West, Coordinator of Federal Programs at ADHE, says the Portal has received “nothing but praise” from local coordinators on how it’s streamlined the reporting process for the Perkins CTE program.

For more click here

High School Dropout Model

EMSI has partnered with the Alliance for Excellent Education to create a groundbreaking model that measures the economic benefits of decreased high school dropout rates. The model was the basis for a comprehensive study released by All4Ed that showed what would happen if half of the estimated 600,000 dropouts had completed high school.

For more click here