On March 29 last week, the Bureau of Economic Analysis (“BEA”) announced that new multipliers for the Regional Input-Output Modeling System (“RIMS II”) had been released. The new multipliers have been updated to reflect 2016 regional data; they replace the previous multipliers, which had been based on 2015 regional data and had been released at the end of 2016.
RIMS II continues to be the most-used model for estimating job creation in the EB-5 industry. We took a preliminary look at the multipliers for some of the industries that often appear in our EB-5 economic studies. Read about the BEA's release and our preliminary review in our blog post here: https://impactdatasource.com/bea-rims-ii-multipliers-updated/.