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<br />I <br />I <br />I <br />t <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />UUl!~~ <br /> <br />- III. The Economic Development Administration's (EDA) primary function is <br />the long-range-economic development and programming for areas and regions of <br />substantial and persistent unemployment and underemployment and low family <br />income through the creation of new employment opportunities by developing new <br />and expanding existing facilities and resources in such areas and regions. <br /> <br />IV. The Regional Ac~ion Planning Commissions are multistate in size. There <br />are eight such commissions in operation: the Appalachian Regional Commission, <br />the Coastal Plains Regional Commission, the Four Corners Regional Commission, the <br />New England Regional Commission, the Old West Regional Commission, the Ozarks <br />Regional Commission, the Upper Great Lakes Regional Commission, and the Pacific <br />Northwest Commission. <br /> <br />As a part of their responsibilities and authorities, the regional commissions' <br />programs seek to promote economic development of the designated regions by <br />reducing or removing obstacles to regional growth through planning, research, <br />technical assistance, and direct and supplemental funding of Federal grant-in-aid <br />programs. <br /> <br />By statute the commissions are required to develop long-range comprehensive <br />plans which after approval by the Secretary of Commerce, serve as guidelines for <br />program and project funding. Principal program categories for the commissions <br />are: (1) industrial development; (2) human resources development (particularly <br />worker training and retraining); (3) natural resource development; (4) transpor- <br />tation development; and (5).tourism and recreation development. Projects in these <br />program categories are assisted either through supplements to regular Federal <br />grant-in-aid programs or through planning and research assistance. <br /> <br />V. The Social and Economic Statistical Administration's Bureau of Economic <br />Anal sis BEA) is engaged in a major research effort in the field of water <br />resources e~opment plannlng. ThlS research alms at developlng and maln- <br />taining: (1) a statistical base; (2) a set of economic projections; and (3) an <br />analytical evaluation system that can be applied to any multicounty geographic <br />area. <br /> <br />The statistical base gives a detailed picture of the economy of any area in <br />terms of income, employment, and population with the first two items shown in <br />considerable industrial detail. From this picture an area's economic progress <br />or decline can be identified. Such a picture is an essential element of an <br />economic base survey. <br /> <br />Economic projections, the second element of the system, are prepared for <br />the Nation, economic areas, water resources planning subareas, the States, and <br />standard metropolitan statistical areas. These projections which cover a period <br />of 50 years at lO-year intervals are made in considerable industrial detail. <br />Analysis of these projections enables the planner to detect future strengths and <br />weaknesses of an area's economy and to measure the amount of water resources <br />development necessary to sustain that future economy--either as projected by the <br />BEA or as modified by actions of the water resources development agencies in the <br />planning process. <br /> <br />1-11 <br />