Economic Impact Study

In a rational decision-making process, an affected party evaluates various economic indicators to arrive at a decision on the proposed action. One of the economic indicators often considered by decision-makers is the economic impact of the proposed action on the local and regional economy. The economic impact, which is generated directly from the proposed project and induced by the project through the multiplier effect, is usually expressed in employment, income/earnings, and tax revenues. To learn more about our economic impact study projects, click here.