Welcome to Econ Impact Analysis |
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It is sometimes important to understand how the businesses in a local economy are connected to
one another in order to understand how the changes in a particular industry will affect other businesses.
It is also helpful to understand how a new business or industry entering a community will influence the broader area in terms of employment,
production, and/or income.
Economic Impact Analysis is a methodology used to trace the effects of an economic event throughout the economy. IMPLAN data and software, a nationally recognized and respected package, is utilized to facilitate this type of analysis. Economic Impact Analyses may be performed at an individual county level or at multi-county levels. |
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