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TOURISM SERVICE CONTRACT Between Pacific County, Washington And Pacific County Tourism Bureau Contract # TDF106:PCTB2023 THIS CONTRACT is made by and between the Pacific County Tourism Bureau, Po
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How to fill out economic base study of

01
Gather data on the local economy including industry sectors, employment levels, and income levels
02
Identify the primary and secondary industries in the area
03
Calculate the economic base multiplier by dividing the total economic output by the base industry output
04
Analyze the data to determine the economic strengths and weaknesses of the area

Who needs economic base study of?

01
City planners and policymakers
02
Economic development agencies
03
Investors and developers looking to invest in the area
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The economic base study analyzes the economic structure of a region by identifying its primary industries.
Local governments or economic development organizations may be required to file an economic base study.
To fill out an economic base study, data on the region's industries and economic activities must be collected and analyzed.
The purpose of an economic base study is to understand the economic drivers of a region and identify opportunities for growth and development.
Information such as industry sectors, employment numbers, wages, and economic trends must be reported on an economic base study.
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