Using Economic Intelligence for Business Success

logo-recycle.gif 2.6KThe major assumption underlying the applied economic information services of ECON First is that the primary market areas of each business firm are unique.

While business owners intuitively adjust their operating policies to the characteristics of their surrounding PMA, sometimes hard data can provide important insights.

As an illustration, what difference does it make if one planned to open a shoe store in either Montgomery County, Pennsylvania or Montgomery County, Alabama?

ECONOMIC CHARACTERISTICS

Montgomery County, Pennsylvania (MC, PA) has a stronger economy. Compared to Montgomery County, Alabama (MC, AL), the labor force participation rate is higher (68%

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