Mr. David Kay is an economic consultant at Wells Fargo, and a consulting senior regional economist at the Alward Institute for Collaborative Science. He has over 10 years of experience specializing in economic impact analysis, modeling, information & instruction, strategy development, policy analysis, program and project evaluations. His current areas of responsibility include in depth economic research, development, analysis, and delivery strategies for a wide range of analytical economic practices and “out of the box” technology and innovation. David also provides workshops, plus analytical and project management services to administer the Institute’s consulting practice. David works out of his home office in North Carolina.
Prior to his current status, David worked as an economist for the Overseas Private Investment Corporation (OPIC). The Overseas Private Investment Corporation is the U.S. government’s development finance institution. It mobilizes private capital to help solve critical development challenges and, in doing so, advances U.S. foreign policy and national security objectives. While at OPIC, David was responsible for analyzing economic impacts associated with the agency’s overseas investment portfolio. He managed all data collection efforts associated with the agency’s diverse array of portfolio companies. He validated survey data and provided SQL support to ensure that quarterly and annual federal Congressional reports were produced accurately and delivered on-time. He designed survey forms that were approved for use by the federal government agency Office of Management and Budget (OMB). OMB used these forms to collect compliance data during monitoring trips. In addition to other benefits of the form, using this data allowed this federal agency to determine if it’s portfolio companies were maintaining compliance with loan stipulations and agency policy. Formerly, Mr. Kay worked as an economist in the United States Department of Labor in the unit Bureau of Labor Statistics (BLS). His principal assignments involved the responsibility of producing occupational employment projections for the federal Occupational Outlook Handbook. He also served as a Research Assistant and Federal Contractor for the United States Army Corp of Engineers (USACE) (CERL) where he was instrumental in the development of a water conservation website to aid Army installation managers in implementing new water conservation requirements and best management practices. He earned an award from USACE for updating complex data indicators for the Sustainable Installations Regional Resource Assessment (SIRRA). Before joining the Alward Institute for Collaborative Science, David was an economist for MIG and the IMPLAN Group LLC.
David holds dual Master’s degrees in Agricultural Economics (M.S) and Urban Planning (M.U.P) from the University of Illinois – Urbana/Champaign. During his time at graduate school, he designed and implemented a visitor-use sampling strategy for one of The Nature Conservancy’s large preservation sites in the Midwest. Visitor data collected through this survey allowed David to analyze and estimate the economic impact that outside visitors had on surrounding communities. For his thesis, he collected secondary Census data from South Africa’s statistical agency and designed a two-stage least squares framework to analyze the level and composition of unemployment within the country. David received his Bachelor’s degree in Geography (B.S) from Brigham Young University.
For a limited list of David Kay's publications, please select "read more."
Links to publications appear in blue.
- Watson, P., D. Kay, S. Cooke, A. Morales, G. Alward (2016). “An Innovative Method for Valuing a Region’s Local Food System” (Forthcoming). URL: http://www.alwardinstitute.org/index.php/blog
- Watson, P., S. Cooke, D. Kay, G. Alward (2015). “A Method for Improving Economic Contribution Studies for Regional Analysis.” Journal of Regional Analysis and Policy, 45(1) 1-15. URL: http://www.jrap-journal.org/pastvolumes/2010/v45/index451.html
- Kay, D. (2015). “Economic Impacts of the U.S. EB-5 Immigration Program (2010-13).” Invest In the USA (IIUSA). URL: http://iiusa.org/en/eb5maps/
- Kay, D. (2015). “Economic Impact of the Charlotte Housing Authority, 2009-14.” Charlotte Housing Authority. URL: http://cha-nc.org/about/history
- Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Editions. February 20, 2015. URL: http://www.bls.gov/ooh/
- Kuhlow, M., C. Kalamogo, D. Kay, and M. Turse (2012). “FY2012 Annual Policy Report.” Overseas Private Investment Corporation. URL: https://www.opic.gov/media-events/annual-reports
- Baylis, K., D. Kay (2011). “The Relationship between Formal and Informal Employment in South Africa.” IDEALS. URL: http://hdl.handle.net/2142/24306
- Kay, D. (2006). “Development Planning and Public participation in Slum Settlements: Improving Participatory Planning in Duncan Village, South Africa.” Journal of Inquiry – Student Cross-Cultural Field Research 2:55-73. Brigham Young University.