Exclusive: PFM analysts charged $275 / hour for flawed Montgomery County minimum wage study

Although they may not have received the entire amount that was charged (due to a cap), PFM analysts billed their time at $275 / hour when developing the flawed Montgomery County minimum wage study.   (The PFM report estimated that the low wage workforce would be reduced by an average of 23 percent if the minimum wage were increased to $15 / hour.)

In addition to PFM of Philadelphia, two consulting companies apparently contributed to the flawed study.   Those companies are MFR Consultants, Inc., located in Philadelphia and TXP, Inc., located in Austin, Texas.