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About Us

Services:

The CEAD serves as a vital link between NKU and the regional community by collecting, analyzing, and disseminating business, economic and demographic information. Specific activities include, but are not limited to, the following:

  • conducting applied business and economic research;
  • providing regional economic and industry forecasts;
  • conducting industrial surveys (employment/technology needs);
  • performing site location and selection analysis;
  • generating population projections;
  • performing cost-benefit studies;
  • doing basic data collection;
  • offering annual outlook conferences;
  • conducting basic geographic information system (GIS) research;
  • conducting basic demographic research;
  • providing regular economic newsletters and updates.

As such, the CEAD will be an essential component of the region's economic development process by conducting high-quality, high-profile, objective research on issues related to the community's current and future economic well-being.

For a printable list of CEAD's services and offerings: Click here.
To submit a Request for Proposal (RFP): Click
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Economic Impact and Cost/Benefit Studies
• Estimates the impacts of changes in economic activity on an area's economy such as building a new plant, the loss of a major employer or the impact of a special event
• Impacts are in terms of dollars and jobs gained or lost in the area's economy and the impact on state and local revenue collections
• Losses or gains include the direct effects of the new activity itself, as well as the indirect and induced effects resulting from business purchases and employee payroll expenditures

Forecasting
• Short and long-term projections for regional economies and industries

Industry Profiles and Cluster Analyses
• Identifies the regional economic relationships between inter-related industries and firms
• Provides a richer, more meaningful representation of local industry drivers and regional economic dynamics
• Highlights strategic opportunities to pursue and areas of weakness, which if addressed, would increase the industry's competitive advantages

Benchmarking Local, State and Regional Economies
• Provides an in-depth profile of economic conditions in a given area
• Gives an area's industry mix and characteristics
• Compares current performance to past performance or strategic goals, and also to the performance of other places viewed as peers

Labor Force Analysis
• Projections of workplace skills that help identify potential workforce gaps
• Highlight opportunities to address those gaps through training and other programs
• Effects of training programs on associated wage gains and the resulting economic and fiscal impact on a local, regional or state economy

Population Projections
• Produces population projections using adjusted cohort survival modeling
• Extends population trends by age, sex and race into the future.
• Offers valuable inputs to long-term planning by businesses, government agencies, school districts, and other users

Custom Data Aggregation and Research
• Detailed data available for small local areas from the dicennial Census and the annual American Community Survey
• Produce detailed demographic and economic insights for special regions of interest, such as retail market areas or social service areas
• Access to extensive databases of statistics from other government agencies and private-sector sources to provide special insights needed to understand local or regional demographic and economic trends and market opportunities