Rational Solutions for a Complex World


Performance Economics Leadership

Performance Economics is a full-service economic consulting firm, specializing in 

EB-5 economic modeling issues. PE's partners have deep backgrounds in economic theory, in particular regional economic impact modeling. Our firm has worked with numerous regional centers across the United States on both individual EB-5 projects and regional center applications. We have a wide range of experience on EB-5 projects, from construction only projects, troubled businesses, retail, transportation and logistics, hotel and health care projects.

John Barrett began his career as an economist working for the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA). He was a regional economist in the BEA’s Regional Economic Analysis Division, the same division that produces the RIMS II model. After leaving the BEA, Mr. Barrett held the position of Director of Research at the Beacon Hill Institute (BHI), a public policy think tank housed in the economics department at Suffolk University in Boston.


The research at BHI focused on tax policy and its effect on growth and employment. He was lead researcher on the team that developed the computable general equilibrium framework that would become BHI’s trademarked STAMP model. Following his position at Suffolk University, Mr. Barrett took the position of Principal at IHS, the world’s leading economic forecasting and consulting firm.


In his capacity as Principal he led teams of researchers/economists on engagements for large Fortune 500 clients, including Intel, Walmart, S.W.I.F.T. and Hewlett Packard. As part of the engagement for the European Commission, his team authored three chapters for the EC’s 2009 report, “Sectoral Growth Drivers and Competitiveness in the European Union.”, including a sole authorship on the chapter on profitability.


Upon leaving IHS, Mr. Barrett became Vice President of Strategic Analytics at MullenLowe in Boston, Advertising Age’s 2014 Agency A-List # 2 Agency. He managed the team of analysts in the Strategic Analytics department that ensured that clients were getting the maximum ROI for the advertising dollar. Their clients included JetBlue, U.S. Cellular and the federal government.


Mr. Barrett departed MullenLowe to co-found Performance Economics. Performance Economics is an economic consulting firm, focusing on the EB-5 industry. Mr. Barrett has been a panelist at several EB-5 related conferences. He advises attendees on issues regarding EB-5 economic impact modeling and provides guidance around the latest issues the USCIS has raised concerning job impacts in the EB-5 program. He has been a guest speaker at several conferences for the American Immigration Lawyers’ Association, Association to Invest in USA and Immigration Law Weekly.


In 2017, Mr. Barrett became a registered agent for Baker Tilly Capital, LLC, a wholly-owned subsidiary of Baker Tilly Virchow Krause, LLP, an accounting firm. He specializes in raising capital for private placement projects. He holds FINRA Series 63 and 82 licenses.

Frank Conte has over 40 years of experience as a journalist, editor and public policy analyst. Mr. Conte is the former director of communications and information systems at the Beacon Hill Institute, where he managed its renown business climate index for the State Competitiveness Project. His work has appeared in the Boston Globe, the Boston Herald, Inquiry Magazine, State Tax Notes, the Boston Business Journal, the Worcester Business Journal and Mr. Conte has also co-authored policy studies on state fiscal policy, tax policy, renewable energy and health care. He is a currently a technology consultant, a free-lance writer and editor as well as a publisher of two news aggregation web sites. Mr. Conte holds a Master’s of Science in Public Affairs from the University of Massachusetts-Boston and a Bachelor’s of Science in English from Suffolk University. Mr. Conte is a member of the UMass-Boston chapter of Pi Alpha Alpha.

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