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April 24, 2014

Bureau of Economic Analysis Discontinues Regional Input-output Modeling System II (RIMS II) Model

Kate Kalmykov and James Cormie recently published an article on EB-5Investors.com outlining the announcement that the Bureau of Economic Analysis (BEA) will no longer produce the Regional Input-output Modeling System II (RIMS II) that many economists rely on when calculating Regional Center jobs. This update introduces new economic methodologies for EB-5 economists when estimating the impact the EB-5 project on regional demand, economic growth and corresponding job creation.

To read the full article click here.

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About the Author

Of Counsel

Kate Kalmykov focuses her practice on business immigration and compliance. She represents clients in a wide-range of employment based immigrant and non-immigrant visa matters including students, trainees, professionals, managers and executives, artists and entertainers, treaty investors and traders, persons of extraordinary ability and immigrant investors.

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