Economic Impact Analysis
Show the real impact of your institution or project
Governments and public agencies are continually called upon to explain and validate the economic and fiscal value of their activities and institutions.
Independent quantitative analysis is one of the most powerful ways to convincingly demonstrate that value to constituents and stakeholders.
The Center for Economic Forecasting and Development specializes in economic impact analysis, a dedicated form of research that shows how public projects, policies, events, and institutions add value to the economy of a region, state, or any geographic area.
We develop deeply comprehensive studies that identify economic, fiscal, and social impacts.
UNIQUE & HOLISTIC APPROACH
We include social impacts as part of a holistic and unique approach that captures and quantifies broader less obvious effects, such as the charity work performed by students at a public university or start ups and spin offs that result from a public institution’s work.
PROPRIETARY MODELS & ADVANCED METHODOLOGY
We employ proprietary models, apply quantifiable data, and use advanced scientific methodology to reveal economic value.
We identify the direct, indirect, and induced economic impacts related to:
- Job creation
- Federal, state, and local tax revenue
- Household and individual income
We implement customized surveys and work hand in hand with our clients to fully understand the unique aspects of each project or institution.
We deliver true results and tell the story of your project’s or institution’s impact using polished, easy to digest, visual graphics and clear, compelling narrative.