Economics

Public Sector Consultants is well known for exploring creative ways to respond to economic and public finance problems as well as for accurately forecasting economic trends. Our economics research includes both formal collaboration—such as an economic impact analysis, where PSC’s consultants work with data provided by the client—and informal counsel on the state of the budget, the economy, or other statistical and financial matters.

The firm is also known for rigorous independent economic analyses of existing policies and new proposals. Prior independent reviews have included segments of particular industries/sectors of the Michigan economy, site location studies, and fiscal reports about the current status of the tax and budget situation in the state and nation.

The range of our research is suggested by these examples:

• For a state agency, a major study on the economic implications of building a new Michigan freeway
• For nonprofit associations, studies of the sector’s financial contributions to the Michigan economy
• For local school districts, studies evaluating the feasibility of district mergers; such studies require facilitating citizen committees and conducting focus groups
• For a northern Michigan local unit of government, an evaluation of the potential uses, costs, and economic benefits of developing a certain parcel of land
• For a national association, an analysis of a liquor tax increase on the industry and on the Michigan economy
• For a Michigan community, an economic development analysis and strategic plan
• For a mid-Michigan city, an evaluation of the feasibility of expanding a convention center; the work included analyzing the benefits to the local economy and making recommendations to improve the operation of the center

Special Expertise

• Nonprofit sector
• K–12 school finance
• Economic development
• Economic impact modeling
• Taxation and government revenue
• Public expenditures
• Federal, state, and local budget trends and processes
• Historical research and future projections
• Evaluating policy implications of budget changes
• Census analysis (people, units of government, and businesses)

Why Choose Public Sector Consultants?