We conduct economic impact analysis that helps communities understand the significance of industries or companies in their local economy, assess job implications from economic changes, and determine appropriate investment strategies. These studies provide quantitative estimates of how the local economy, or a specific region, responds to a stimulus, whether positive or negative. By tracing connections across various economic sectors, they calculate multiplier effects, demonstrating how initial impacts ripple through the economy. Regions for economic impact analysis can vary, ranging from municipalities to larger geographic areas with shared economic characteristics, such as a county, metropolitan statistical areas, state, or Census regions.
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