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Real Estate Glossary

Economic Base Analysis

inflation calculator
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Written by Luis Escobar

This is a model that measures the impact of economic decline or growth in an industry on the scale of a local or regional economy. It divides activities into two categories: nonbasic and basic. Basic industries pertain to those exporting from the region, therefore bringing wealth from outside, while nonbasic industries are those supporting basic industries.

This is a model that measures the impact of economic decline or growth in an industry on the scale of a local or regional economy. It divides activities into two categories: nonbasic and basic. Basic industries pertain to those exporting from the region, therefore bringing wealth from outside, while nonbasic industries are those supporting basic industries.

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Luis Escobar

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