Economic Leakage Study 2018-07-26T02:21:19+00:00

Project Description

Economic Leakage Study

WESTERN NORTH CAROLINA NEW ECONOMY GROUP

The Western North Carolina New Economy Coalition requested an economic leakage study of the Asheville Metropolitan Statistical Area (Asheville, MSA).  The Asheville MSA is comprised of Buncombe County, Henderson County, Haywood County, and Madison County, North Carolina.  “Leakage” refers to areas within the economy where goods and services are procured or “imported” outside of the local region. The NEC seeks to utilize this “leakage” information to examine potential local market opportunities for new minority business creation and/or existing minority business expansion. This study is funded by the City of Asheville.

Mountain Xpress article

Tasks and Deliverables

  • Market research
  • Economic research
  • Traded and Local industry cluster research
  • Minority business interviews
  • Business development stakeholder interviews
  • Research report and presentation
  • Interactive data visualization (Tableau)
  • Consolidated minority business database

Capabilities Deployed

Research and Analysis
Strategic Planning
Information Systems

Sample Project Deliverables