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Expect More. Achieve More. Giving southeastern Massachusetts the data to support informed decision making Project for Economic Data & Research Division.

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Presentation on theme: "Expect More. Achieve More. Giving southeastern Massachusetts the data to support informed decision making Project for Economic Data & Research Division."— Presentation transcript:

1 Expect More. Achieve More. Giving southeastern Massachusetts the data to support informed decision making Project for Economic Data & Research Division of External Affairs & Department of Economics Giving southeastern Massachusetts the data to support informed decision making

2 Expect More. Achieve More. What is the PEDR? The PEDR is a database of up- to-date economic data of specific value to southeastern Massachusetts. It includes information on employment, wages, prices, housing, industry, and energy costs. Division of External Affairs ─ Institute for Regional Development ─ PEDR

3 Expect More. Achieve More. How is data organized? Graphic displays are supported by downloadable economic data in each of the seven categories: Labor, Income, Prices, Housing, Industry, Energy, Wages. Division of External Affairs ─ Institute for Regional Development ─ PEDR

4 Expect More. Achieve More. Division of External Affairs ─ Institute for Regional Development ─ PEDR Who are the target users? Bankers, realtors, policy makers, businesses, government and community organizations, among others, will use the database as a resource when performing self- directed research to support informed decision making.

5 Expect More. Achieve More. Division of External Affairs ─ Institute for Regional Development ─ PEDR How does the PEDR benefit users? Accurate, up-to-date information is easily accessible to users needing economic data to make informed decisions. “One-stop shopping” web sites saves users time and frustration. Users have confidence knowing the data as compiled by BSC is accurate and updated in a timely fashion.

6 Expect More. Achieve More. Division of External Affairs ─ Institute for Regional Development ─ PEDR How will users work with the data? The PEDR database was developed as a comprehensive tool for regional leaders to help them make informed business and policy decisions. Users engaged in self-directed research will download information relevant to their cause, question, or challenge. Users will analyze the data in light of their specific questions, and they will use their analysis to help make informed decisions.

7 Expect More. Achieve More. Division of External Affairs ─ Institute for Regional Development ─ PEDR Example –You are a banker and you are looking for information about the town of Bridgewater… Go to each topic and search for Bridgewater. Copy the graph and/or download the data for each topic. For comparisons repeat the process for other towns, the State, and regions. Analyze the graphs and/or data. Prepare a report to communicate the results. Click on the image to the left to watch a video of the process. Click here to see the report produced in the video.Click here to see the report produced in the video.

8 Expect More. Achieve More. Division of External Affairs ─ Institute for Regional Development ─ PEDR What are the future plans for PEDR? Data sharing partnerships. Analytical support for organizations in the BSC community. E-letter


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