Center for Economic Analysis and Development: Northern Kentucky University, Greater Cincinnati Region

Economic Analysis and Business Research.

The Center for Economic Analysis and Development engages in economic analysis and business research, conducting high quality, objective research on issues related to the current and future economic well-being of businesses and communities throughout the Commonwealth of Kentucky. We collect, analyze, and disseminate business, economic, and demographic data providing timely information on current and future trends. Specific activities include, but are not limited to, regional economic and industry forecasts; workforce projections; industrial surveys (employment/technology needs); population projections; cost-benefit studies; basic data collection; and basic demographic research.

Services

Economic/Fiscal Impact Analysis

With virtually every type of economic activity a ripple effect occurs. A company or organization hires other companies to do construction and provide services, and also pays employees, who then go out and spend their earnings on goods and services. An economic impact analysis quanitifies this ripple effect and is a great way for organizations and companies to show their return on investment. Click on some of the links below to see some examples of economic impact analyses.

Labor Force/Workforce Analysis

Every industry needs qualified talent to grow. Regions that successfully produce, attract, and retain that talent are positioned to strengthen their competitive advantage when actionable insights are available. CEAD has a robust history of producing quality talent supply and demand analyses -- which help organizations understand what occupations may be suffering a talent shortage, and what talent may be in oversupply.

Occupational Forecasting

Which jobs are in high demand? Which jobs are will likely be in decline? Understanding where your region's future demand will be is critical in assessing industry infrastructure, and attracting key industries to your region.

Performance Indicator Metrics/Metric Development

Every successful region tracks progress. But are the right metrics being used? Is there an ongoing discussion of changing priorities in the midst of constantly shifting market needs? CEAD has a long history of helping regional planning organizations develop and maintain quality, actionable metrics to measure progress to goal. We put these metrics in a broader social and economic context to afford our clients a deeper and clearer understanding of what may be underlying the changes in regional metrics.

Strategic Initiative/Public Policy Analysis

Strategic iniatives and public policies often have wide-sweeping fiscal and economic effects. Thinking about universal pre-k? Is your region under a HUD Fair Housing mandate? How much would it cost to implement these? Are tax levy's a viable solution? If so, how much? CEAD conducts survey and analysis services for a variety of strategic initiatives and policy solutions.

Marketing Your Region's Brain Trust: Access the PowerPoint presentation from the webinar, Marketing Your Region's Brain Trust (click for link), hosted by Dr. Stephanie Hughes and Janet Harrah of NKU on June 29, 2017.

In the News

March 21, 2022: Here's why COVID-19 shutdowns in China could have a local impact (Local 12)

March 16, 2022: How rising interest rates could impact credit cards, home and car financing (WCPO)

March 8, 2022: Tri-State governments deal with impact of skyrocketing oil prices (WCPO)

February 25, 2022: Ukraine invasion could impact food, fuel and fertilizer prices (Local 12)

February 12, 2022: Big differences in Tri-state food and gas prices depending on where you live and shop (WCPO)

2021

November 18, 2021: Economic Headlines Look Good for NKY, But Local Experts Advise Caution (Fort Thomas Matters)

November 16, 2021: Numbers show local economy is on the mend, but there's more to the story (WVXU)

November 10, 2021: Economist explains what GE splitting up could mean for Kentucky and Ohio (Sepctrum News)

November 10, 2021: How inflation is impacting tomorrow's debt levels (WCPO)

October 29, 2021: OneNKY Summit Series amplifies new initiatives, addresses challenges (Lane Report)

October 28, 2021: Why Kentuckians are quitting their jobs at a higher rate than other states (Spectrum News)

July 22, 2021: Addressing Staff Shortages (WCPO)

July 15, 2021: Op-Ed: NKY Must Embrace Diversity, Equity, Inclusion as Part of Economic Prosperity Goals (River City News)

July 7, 2021: Hospitality industry struggles to hire enough workers to keep up with travel demand (Local 12)

July 6, 2021: It's Never Been Harder To Hire Workers (WVXU)

May 14, 2021: NKU receives $750 federal grant to support up-and-coming innovation hub (Cincinnati Business Courier)

May 14, 2021: NKU awarded federal funds to accelerate economy (The Lane Report)

April 28, 2021: Gateway Launches NKY's Only Paralegal Program (The River City News)

2020

December 28, 2020: Kentucky Is Hurting While Awaiting Federal Pandemic Aid (The New York Times)

November 12, 2020: The Small Business Majority (Northern Kentucky Chamber of Commerce)

November 3, 2020: The changing COVID economy has created these pandemic-proof jobs (Soapbox Cincinnati)

October 22, 2020: NKY Chamber Eggs 'N Issues on Nov. 17 to focus on future of regional, national economy (Northern Kentucky Tribune)

September 24, 2020: Greater Cincinnati jobs rise but remain far short of pre-pandemic levels (Cincinnati Business Courier)

August 21, 2020: How many paychecks did PPP loans protect (WCPO)

June 24, 2020: Here's how much Greater Cincinnati's unemployment rate improved in May (Cincinnati Business Courier)

May 27, 2020: Greater Cincinnati's April unemployment rate highest since records began (Cincinnati Business Courier)

April 27, 2020: Making It Work, Part 15: Putting a big new plan rollout on hold, Tri ED suddenly became region’s business response resource (Lane Report)

April 21, 2020: Eggs 'N Issues - Economic Forecast for Northern Kentucky (NKY Chamber)

April 17, 2020: People being denied after repeated unemployment applications (WKRC)

April 9, 2020: Northern Kentucky Chamber to explore region's economic forecast at upcoming Eggs 'N Issues webinar (The Lane Report)

April 2, 2020: GE Aviation furloughs half of its manufacturing work force (WCPO)

April 1, 2020: Understanding the CARE Federal Stimulus (River City News)

March 31, 2020: Understanding the CARES Federal Stimulus Webinar (NKY Chamber)

March 30, 2020: Understanding the CARES Federal Stimulus Webinar (NKY Chamber)

March 27, 2020: Understanding the CARES Federal Stimulus Webinar (NKY Chamber)

March 26, 2020: Adding up the pandemic's impact on the local economy (WKRC)

March 24, 2020: The COVID-19 Economy: Local experts predict at least 18 months of malaise (WCPO)

2019

March 24, 2019: The COVID-19 Economy: Local experts predict at least 18 months of malaise (WCPO)

February 5, 2019: Northern Kentucky University Director Receives Award (AUBER Newsletter)

January 29, 2019: Cincinnati added tens of thousands of jobs last year (Cincinnati Business Courier)

January 16, 2019: Here’s how much the federal government shutdown is impacting Greater Cincinnati (Cincinnati Business Courier)

2018

December 19, 2018: NKU welcomes interim dean Johnna Reeder Kleymeyer (Cincinnati Enquirer)

December 3, 2018: Fort Thomas Resident Awarded NKY Community Award (Fort Thomas Matters)

November 15, 2018: NKY Chamber Awards NKY Community Award to Janet Harrah (The Lane Report)

November 13, 2018: NKY Chamber Awards NKY Community Award to Janet Harrah (The Northern Kentucky Chamber of Commerce)

October 10, 2018: Ambassadors from Canada and U.S. launch town hall meetings to allay USMCA fears (Canadian Broadcasting Corporation)

October 10, 2018: The House talks trade in Kentucky (Canadian Broadcasting Corporation)

October 1, 2018: Low-wage myth, how the economy benefits from e-commerce growth (WCPO)

October 1, 2018: General economic conditions (BusinessWise)

September 27, 2018: Here’s why Greater Cincinnati lost jobs (Cincinnati Business Courier)

September 26, 2018: How do IRBs work and why use them (Channel 5 News)

September 20, 2018: Distribution and e-commerce Cincinnati MSA (BusinessWise)

September 17, 2018: Covington Economic Development Department free workshops link businesses to expertise (NKY Tribune)

August 27, 2018: How Greater Cincinnati companies posted the year's fastest job growth (Cincinnati Business Courier)

Contact Us

Janet Harrah
Senior Director
(859) 392-2412
harrahj1@nku.edu