The numbers legislators ask for. Before they ask.
The Regional Economic Consulting Group is an analytical think tank founded by former Florida state economists. We build economic and fiscal impact analyses that hold up in committee — covering state and tax policy, Constitutional Amendments, trust funds, and state and local projects.
Founded by economists from EDR & the Governor's Office of Policy and Budget
A numbers-based justification for every position you take.
Our core practice is economic impact analysis — built with current econometric modeling techniques and software, and designed to go beyond a basic return on investment. We measure value added to the economy, jobs created, taxes paid, and the ripple effects through supply chains and consumer spending across regional economies.
Economic & Fiscal Impact Analysis
Granular, defensible measurement of what a project, program, or industry contributes — output, employment, wages, and tax revenue, traced through direct, indirect, and induced effects.
Bill & Policy Fiscal Impacts
Projections of revenue effects and fiscal impacts of pending legislation, built by economists who produced these estimates for the Legislature's own Revenue Estimating process.
State & Tax Policy
Deep expertise across sales tax exemptions, corporate income, insurance premium taxes and credits, communications services, documentary stamp, intangibles, and utility taxes.
Constitutional Amendments
Analysis of proposed amendments — fiscal scope, revenue consequences, and the economic case for or against — presented in language voters, sponsors, and courts can use.
State Trust Funds
Evaluation of trust fund structures, sufficiency, and policy alternatives, grounded in firsthand experience inside Florida's budget and policy apparatus.
Government & Investor Relations Support
Analytical backing for legislative affairs, local government relations, and investment cases — the evidence layer beneath your advocacy.
Built the way state estimates are built.
Our founders spent their careers producing the official numbers — for the Governor's Office of Policy and Budget and the Legislature's Office of Economic and Demographic Research. We apply the same discipline to every client engagement.
Scope the question
We define the policy or project question precisely — the geography, the time horizon, and the decision the analysis must inform.
Model the economy
Dynamic econometric modeling with current techniques and software — not a static multiplier pulled off a shelf.
Trace every effect
Direct value added, jobs, and taxes — then the further impacts along supply chains and through consumer spending in regional economies.
Deliver the exhibit
A clear, defensible product built for its audience: committee staff, county commissions, boards, investors, or the press.
Private colleges, public good.
ICUF Statewide Impact — 2024 Retrospective
For the Independent Colleges and Universities of Florida, REC Group quantified the full fiscal footprint of the state's 30 independent, nonprofit institutions — and the return Florida earns on the EASE tuition-assistance voucher serving roughly 40,000 students.
The analysis demonstrated that every state dollar spent on an EASE student returns $3.83 — the kind of single, defensible number that anchors a legislative agenda.
Source: ICUF Retrospective Report 2024, prepared by REC Group
Founded by two former state economists.
REC Group's principals built their careers inside the institutions that produce Florida's official economic and revenue estimates.
Clyde Diao
Dr. Diao is a former Deputy Policy Coordinator in Florida's Office of Policy and Budget within the Executive Office of the Governor — the office responsible for shaping and analyzing the state's budget and policy agenda.
Jared Parker
Mr. Parker comes from the Florida Legislature's Office of Economic and Demographic Research (EDR), and before that the Tax Research Unit of the Florida Department of Revenue, where he projected revenues and determined fiscal impacts of pending bills for the Legislature's Revenue Estimating panel.
Matthew Moore
Econometric modeling and impact analysis across the firm's policy and project engagements.
Jamie Neville
Research and analytical support across fiscal impact studies and client deliverables.
Put a number behind your position.
Whether you're preparing for session, defending a program, or making an investment case — start the conversation with the economists who know how the state's numbers are made.
Tampa, Florida 33602
Initial consultations are confidential. Tell us the question; we'll tell you what the analysis will take.