Articles Archive
Displaying 11 - 20 of 75 items
Service | Economic Impact Study
Published on Jun. 1, 2023
An economic impact study looks at the effect that an event has on a local economy. An event can be an industry or cluster of industries, a business or a particular project. In general, these studies use financial and economic data to generate the direct, indirect and induced impacts resulting from having that event in the area.
Service | Retail Sector Analysis
Published on Jun. 1, 2023
A retail sector analysis examines the retail supply and demand within a region. If the supply is higher than the demand, then there is surplus and the region has the capacity to attract non-local shoppers. If the demand is greater than the supply, then residents’ retail needs are not met within the region.
Service | Housing Study
Published on Jun. 1, 2023
A housing study is an important tool for communities creating or modifying comprehensive plans or considering the housing needs of both the existing population as well as new families, retirees, etc.
Service | Industry Leakage Analysis
Published on Jun. 1, 2023
An industry leakage occurs when capital or income leaves a local economy through taxes, savings and imports. In other words, dollar-amounts are spent on outside goods and services that could potentially be produced locally.
Service | Wage and Benefits Survey
Published on Jun. 1, 2023
Wage and benefits surveys are conducted with businesses in a community or a specific industry (i.e. manufacturing or healthcare) in order to collect specific information about full-time and part-time employment, wages paid for different occupations and benefits that employers provide to their employees.
Service | Cost of Community Services Study
Published on Jun. 1, 2023
A cost of community services (COCS) study identifies government expenditures and revenues by land use type. The study measures the fiscal relationship, or ratio, between revenues and expenditures.
Service | Survey Based Research
Published on Jun. 1, 2023
A survey is a familiar research tool for gathering the same information from a large group of people. Yet the information gathered is only as good as the design of the survey and the process for collecting the information. Moreover, while a survey sounds exciting, it is not always the best approach.
Publication | Economic Development Terms and Acronyms
By Beka Burton, CEDIK Economic Development Extension Specialist
Published
on Feb. 15, 2023
Every industry has their own jargon. The economic development world is no exception. It is important to know and understand the most commonly used terms as they will equip you with the knowledge you need to help your community grow and thrive. For easy reference we have compiled a condensed list of terms that you will hear the most often.
Publication | How to Run for Elected Office in Kentucky
By Beka Burton, CEDIK Economic Development Extension Specialist
Published
on Feb. 15, 2023
Elected officials are an active community partner in economic development. We provide a two page guide that has a step-by-step process for registration, as well as the website URLs and contact information you will need.