Scott Nystrom, Senior Economic Associate, recently spoke at the 5th Citizens Climate Lobby International Conference, presenting the recent REMI study The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax. This study examined the impact of a tax on carbon-based fuels of $10 per ton of carbon dioxide which would increase […]
The Eastern States Exposition released today the results of a study conducted by REMI on the economic impact of its annual multi-state fair and its associated year-round events. The overall impact of the events comes out to $479 million per year, with an annual gross regional impact of $299 million, and accounts for 3,000 jobs […]
REMI CEO and Chief Economist Dr. Frederick Treyz recently spoke at the Immigration Reform panel at the 30th Annual Economic Policy Conference held by the National Association for Business Economics. Dr. Treyz discussed the findings of the REMI paper “Key Components of Immigration Reform” which includes state-by-state economic impacts of creating a pathway to legal […]
Associate Economist Parker Bedsole recently spoke at a Charlotte Economics Club luncheon on the economic outlook for Mecklenburg County. Mr. Bedsole indicated that the county’s overall economic future through 2040 is promising, calling the county a “growth region” which has historically “substantially outpaced the national economy in many metrics.” For more details, please click here.
REMI recently formed a task force in conjunction with Spectrum Gaming Group for the purpose of aiding governmental agencies in assessing the potential economic impacts of opening new markets up to casino development. This task force will also include other professionals, such as noted gaming economist Douglas Walker, Ph.D.. For additional details, you may read […]
REMI recently released a report entitled “The Economic, Demographic, and Climate Impact of Environmental Tax Reform in Washington and King County” for a coalition of agencies including the Committee for a Green Economy. This report examines economic, demographic, distributional, fiscal, and climate implications of remaking portions of the Washington and King County budgets through carbon […]
REMI recently published the first installment of its quarterly newsletter. This publication showcases recent major news involving REMI as well as upcoming development and a focus on a different product in each installment. The newsletter is available here in PDF format.
The Center for Automotive Research has released a new research memorandum using the REMI model on the successful restructuring of General Motors. This study follows up from prior memorandums released in 2009 and 2010 which examined the impacts of the then-pending GM and Chrysler bankruptcies on the national economy.
A recent report by George Washington University and REMI has found that expanding Medicaid in Maryland could save the state more than $2 billion between 2014 and 2020. These savings would come in the form of direct savings to medicaid, new state revenues, and reduced spending on other health care programs. Maryland isn’t the only […]
Dr. Frederick Treyz, CEO and Chief Economist at REMI, recently spoke at the National Economists Club Luncheon in Washington, DC. on October 31st. The topic of the day was “The State-by-State Impacts of Key Components of Immigration Reform” and covered such relevant points as state-by-state economic impacts of creating a Pathway to Legal Status, expanding […]
Dr. Frederick Treyz, CEO and Chief Economist at REMI, will present on REMI’s paper “Key Components of Immigration Reform” on October 31 at the National Economists Club Luncheon in Washington, DC.. The paper includes state-by-state economic impacts of creating a Pathway to Legal Status, expanding High-Skilled Visas, and reforming Lesser-Skilled Visas. For details regarding this […]
The official White House Blog, in a discussion of Ohio’s recent vote to expand Medicaid, cited REMI’s joint study with Ohio State University, Urban Institute and the Health Policy Institute of Ohio. You can read the post here and read the study itself here.
Nevada’s official demographer was able to project population growth in the state using REMI’s model. Nevada State Demographer’s Office released a report on Oct. 1 showing statewide and county-by-county population estimates from 2013 to 2032. The statewide population is expected to grow by 18 percent between this year and 2032, according to the demographer office’s […]
Today, the White House released a report, Fixing Our Broken Immigration System: The Economic Benefits to Agriculture and Rural Communities, which cites the recent REMI report Key Components of Immigration Reform. The White House report details the effects of the Senate immigration reform bill for the domestic agriculture sector, its workforce, and rural American communities. […]
For this study, REMI examined a carbon tax study in Massachusetts and the complex interrelationships between energy, the environment, and the economy. Using CTAM (Carbon Tax Analysis Model) and PI+, our dynamic model of the state’s economy, we examined how the carbon tax influences job creation, GDP, prices, and emissions coming from the state. Read […]
REMI puts the immigration reform debate in the context of the broader economy. Examining key components of the debate, REMI examines how the policies will expand the economic pie for individuals and businesses across the nation. Read the report here and check out the state-by-state fact sheets below. In addition, a single-page summary of the […]
REMI analysis has recently been quite newsworthy. Some recent examples of this include: Big River Steel in Arkansas REMI provided analysis to lawmakers for the evaluation of the proposed Big River Steel mill in northeast Arkansas. Cheating the Future: the Price for Not Fixing Entitlements Original analysis by Third Way and Regional Economic Models, Inc. […]
It is our sad duty to report the passing of REMI’s founder, Dr. George I. Treyz, at his home on February 14, 2013. George was born Feb. 21, 1936, in Callicoon, N.Y. He received his undergraduate degree from Princeton University and received a doctorate in economics from Cornell University. George showed his entrepreneurial spirit at […]
A number of recent studies used REMI’s analysis of the impacts of Medicaid expansion under the Affordable Care Act. Please feel free to use the following links to read more: Governors Fall Away in G.O.P. Opposition to More Medicaid – The New York Times Study backs expanding Medicaid in Ohio – The Columbus Dispatch Ohio’s […]
REMI (Regional Economic Models, Inc.) releases the potential state-level economic impact of the “fiscal cliff,” available online here. If not resolved, the fiscal cliff could result in a loss 4.0 to 4.2 million jobs nationwide, a reduction of 350 to 400 billion dollars in gross domestic product (GDP), and an increase in the unemployment rate […]
The USC Price School of Public Policy’s Noah Dormady, Adam Rose and Dan Wei received the first Outstanding Economic Analysis Award in recognition of their paper, “Regional macroeconomic assessment of the Pennsylvania Climate Action Plan,” published in the November 2011 issue of the journal, Regional Science: Policy and Practice. Read more about the award and […]
REMI conducted a study for the Democratic Policy and Communications Center estimating the economic impacts of S. 2237, the “Small Business Jobs and Tax Relief Act”. The study concludes that the bill could create about 990,592 jobs nationally, where 631,132 of those jobs would be within small businesses. The study includes total national employment results […]
A recent study by the University of Massachusetts Donahue Institute on the economic impact of federal budget cuts, using the REMI model, served as a common reference for both sides of the aisle. Read more about the study here.
Senior Data Analyst, Michael Chow, at the National Federation for Independent Business uses REMI to evaluate the economic impact of Massachusetts paid sick day legislation. Study findings report that proposed legislation could cost the state 16,000 jobs by 2016 and could decrease production by more than $8.4 billion.
Hurricane Irene will most likely prove to be one of the 10 costliest catastrophes in the nation’s history, and analysts said that much of the damage might not be covered by insurance because it was caused not by winds but by flooding, which is excluded from many standard policies.
If Congress doesn’t act to extend the expiring payroll-tax break before year’s end, the lapse won’t just affect the 160 million workers taking home a skinnier paycheck. Families trying to pinch pennies could cause a slight drop in spending, which would in turn take a bite out of businesses tied most closely to consumers’ purchases, economists predicted.
A severance tax on natural gas extraction in Pennsylvania would add to the operating costs of gas drilling companies, but the resulting increase in state revenue would yield positive results for the state’s economy and population, according to a new report by two researchers at Penn State.
A new study being released today on the marketing and communications industry in Massachusetts estimates that the sector contributes $38.7 billion to the state’s economy and generates 143,000 jobs.
REMI extends congratulations to Dr. Krugman for winning the Nobel Prize in Economics for his work in New Trade Theory and New Economic Geography. Link to NYTIMES Article Official Press Release From Nobel Website
Here are just a few news articles of the work done by REMI clients using our models.
The CAR examines the outlook of the U.S. economy if the big 3 American Automakers were to fail. CAR Research Memorandum: The Impact on the U.S. Economy of a Major Contraction of the Detroit Three Automakers
ICF International analyzes some of the options the federal government might consider as it decides how to resuscitate the economy. A Smarter Stimulus Plan (.pdf)
Read the most recent update to the REMI blog. Blog Entry: REMI on the Go
Chief economist at the Connecticut Department of Economic and Community Development, Stanley McMillen, uses REMI to determine UConn’s impact on the state’s economy. Study pegs UConn’s impact on state economy at $2.3 billion
The National Federation of Independent Business (NFIB) has published a study concluding that a certain employer health care mandate would lead to a net loss of 73,000 New York jobs over the next five years. More than three-fourths of those losses would come from small businesses. Lobbyists lash out against health care taxes NFIB Small […]
With the recent release of PI+, the next generation of Policy Insight, REMI is pleased to offer a demonstration version free of charge. The demo software is available through the REMI website as well as through demo discs available upon request. Download the PI+ demo Contact us to request a demo disc
The World Health Organization (WHO) raised the influenza pandemic alert for influenza A (H1N1, commonly called “swine flu”) from phase 4 to 5 as of April 29, 2009. Fortunately, WHO claims that the world is now better prepared for a flu outbreak because of measures taken in response to the threat from avian influenza (H5N1.) […]
This study examines the detrimental effects of Automaker Bankruptcies on the U.S. Economy. Click here to read the study.
This study examines the dramatic effects of Automaker Bankruptcies on the Indiana unemployment rates.
The leaders of the research teams involved in the study are affiliated with the Federal Reserve Bank of New York, Regional Economic Models Inc., the University of Maryland’s INFORUM, Claremont McKenna College, the Department of Homeland Security, RMS Inc. and USC. Click here to read the article.
REMI Launches TranSight 3.0 REMI is pleased to announce the release of TranSight 3.0, the newest version of our transportation software. TranSight integrates travel demand model data into its analysis, showing the total economic and demographic effects of transportation infrastructure projects. For training on the new changes to TranSight, please take part in our TranSight Training […]
We wish to thank all of our guest speakers and attendees for joining us in Portland last week for our 24th annual REMI Users’ Conference. We were fortunate to have an array of topics presented and discussed. We invite you to look over the presentations that were given during the sessions and we hope to […]
This article examines the results of ARRA spending, including the REMI/Onvia estimates of construction spending benefits. Click here to read the article.
Recent demographic forecasts by the University of Pittsburgh using the REMI model indicate an upcoming turnaround in the city’s declining population numbers. Continue reading
AASHTO Press Release Click Here