Recently, Impact DataSource assisted one of our local economic development organization (EDO) clients who licenses a custom Total Impact model. The EDO was working with a business seeking a location for its planned manufacturing facility – a $300 million capital … Read More
Economic Developers & Government
Blog
Many Uses: State-level Economic Development Incentive Program
In May of this year, Impact DataSource had the opportunity to prepare an economic and fiscal cost benefit analysis for a client applying for an incentive from the California Competes Tax Credit (CCC) program. This marked the second such impact … Read More
How can I use this economic and fiscal impact analysis?
As economic and fiscal impact specialists over the past 20+ years, we at Impact DataSource have helped evaluate and communicate the value of a wide range of projects. From evaluating possible economic development incentive offers, to illustrating the value of … Read More
Have you ever prepared an analysis for…?
YES We can all agree that there are no limits to how diverse businesses can be. However, whether the business is solar panels, retail stores, theme parks, or movies, Impact DataSource has analyzed it all. Of course, it would be an … Read More
What's the difference between Economic Output and GDP?
Question: If an impact study identifies an increase in economic output of $1.0 million, is that the same as a $1.0 million increase in the gross domestic product? Answer: No. If you thought the answer was yes or weren’t certain, … Read More
Economic vs. Fiscal Impacts – What's More Important for Economic Developers? For Best Results, Estimate Both
Newspaper articles and press releases often describe business location or expansion deals in terms of jobs and average pay. Sometimes the economic output, usually in millions or better yet billions, is also touted to underscore the massive economic impact of … Read More
