Listed below are answers to our most frequently asked questions
What is Economic Intelligence (EI)?
EI utilizes various industry and trade sources to estimate and forecast growth or recession of regional and local economies.
How does Economic Intelligence vary from Business Intelligence and Knowledge Management?
Teralytix' economic intelligence provides cutting-edge insight into local demand. Business Intelligence focuses on the software to communicate quantitative information. Knowledge Management focuses on managing internal information within an organization.
How is Teralytix able to estimate county and local level economies on a monthly basis?
Our proprietary algorithms and models enable the monthly releases.
How is Teralytix able to accurately estimate county, local and ad hoc economies?
That is the secret sauce!
The ability to successfully act on intelligence degrades with time.
Annual state level economic data is released by the US Census Bureau in late March.
County level economic data is released by the US Census Bureau annually 15 months later.
Economic intelligence is similar to, but distinctly different than Business Intelligence and Knowledge Management
Business intelligence relates to the suite of software tools that deal with mainly quantitative information.
Knowledge management describes the information collected within an organization.