Industry And Economic Research
This research is essential for three main points:
- Providing an expert with general context about the industry of focus;
- Informing the expert’s conceptual framework of how profits may or may not have been lost;
- Implementing the analysis and calculation of lost profits.
We use both formal and informal sources when performing industry and economic research.
When performing research, there are four key questions:
- How was the product service or demand affected?
- How was the capacity to produce or sell effective, and what additional costs were incurred based on the alleged wrongful act
- What was the specific behavior that resulted in the wrongful act
- Are there regulatory issues
Useful Economic Websites
Bls.Gov
Commerce.Gov
Fed.St. Louis Fed.Org
Statelocalgov.net
Bea.gov
Using AI
Industry Data
Management
Trade Journal
Gales Research Encyclopedia Of Trade Associations "Encyclopedia of Associations
S&P Capital IQ, you can perform deep company and industry research
https://apps.bea.gov/industry/factsheet/
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