Economic Data for Greater Memphis

Provides a comprehensive overview of the labor market in the Greater Memphis MSA, utilizing the U.S. Bureau of Labor Statistics (BLS) and Economic Modeling Specialists International (EMSI). These reports typically include information about labor force demographics, industry trends, commuting patterns, and regional employment statistics. Labor shed analyses are valuable for business, economic development agencies, and policymakers to understand the labor supply and demand dynamics in the Memphis area, aiding in workforce planning and investment decisions.

Business cost comparisons are assessments that involve evaluating and comparing the operational expenses of conducting business activities in different locations or under various conditions, typically based on regional comparisons. These comparisons encompass factors such as labor costs, taxation, real estate expenses, utility costs, and other overheads. Organizations use these comparisons to make informed decisions regarding where to establish or expand their operations, ultimately optimizing their financial efficiency and competitiveness.

Business supplier lists are carefully tailored and reviewed based on compilation of suppliers or vendors that match a company’s specific needs, preferences, and criteria. GMERG crafts lists based on NAICS codes which is the North American Industry Code Classification System (NAICS). Lists include information about the supplier, contact details, location address, location employment and any other relevant data, enabling businesses to efficiently identify and connect with potential partners or providers that align with their unique requirements. These lists are valuable for streamlining procurement processes and fostering strategic supplier relationships.

Labor market information reports provide comprehensive data and analysis on various aspects of the job market, including employment trends, wage levels, job availability, and workforce demographics. These reports offer valuable insights to businesses, job seekers, policymakers, and researchers, helping them make informed decisions related to employment, training, and economic development.

Spatial analysis reports utilize geographic information systems (GIS) and data to assess and analyze various spatial or geographic patterns, relationships, and trends. These reports provide insights into how different factors, such as population distribution, land use, or environmental conditions, interact within a specific geographical area, helping organizations and researchers make informed decisions related to urban planning, resource allocation, and more.

To get in touch with our research services team, please contact Tecora Murray, Executive Director of the Center for Economic Competitiveness.