Regional Input-Output Modeling System (RIMS)

The Regional Input-Output Modeling System (RIMS) is a tool used to analyze how different industries and sectors within a specific region interact economically. It maps out how the output from one industry becomes input for others, showing the flow of goods, services, and money. By doing so, RIMS helps understand the local economy’s structure, predict the impact of changes or investments, and identify key industries. It is valuable for policymakers and planners to make informed decisions that support regional growth and development.