The EPIC Report
EPIC: Economic Planning Indicators Committee
The purpose of the study is to forecast how many jobs and residents will potentially be located in Northern Nevada by 2020, based on current and anticipated growth trends. The where and how growth will occur is largely based on expected changes in land use patterns and economic activity over time.
The EPIC has used the state-of-the-art, well-accepted and widely-used forecasting model developed by Regional Economics Models, Inc. ("REMI"). This model projects the demographic, economic and associated public revenue changes the Study Area is expected to see between 2015 and 2019.
The EPIC Report: forecasts and actual numbers -
Since December 2014 the Economic Planning Indicators Committee has been tracking actual numbers of jobs, residents and households formation and reconciling to its projections. ...
and the projections look to be pretty darn good so far.
For example, the EPIC report forecasted 9,191 new jobs between December 2014 and October 2015
.
The actual new jobs number came in at 9,087.
* 52,400 new jobs between Dec. 2014 and Dec. 2019
* 42,400 new residents between Dec. 2014 and Dec. 2019
* 16,800 new households between Dec. 2014 and Dec. 2019
* Source: EPIC Report from the Economic Planning Indicators Committee
Other scenarios in the report project even greater numbers
Best Regards, Kelly
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