Economic and Fiscal ImpactEconomic and Fiscal Impact

Applied Economics performs economic and fiscal impact analyses on a wide variety of activities including new development, tourism, specific company impacts, and infrastructure improvements. The firm has developed several products to assist cities and regional organizations in evaluating the impacts of economic development.

We have two products for evaluating economic development impacts on a project by project basis: an Economic and Revenue Model, as well as a more comprehensive Economic and Fiscal Model.

The Economic and Revenue Model is primarily used by state and regional organizations to quantify the results of their efforts in bringing new businesses to local areas. The models can also be used to measure the supplier spin-off activity that is created by a particular new business. The results can be used to show the impacts on a particular city or county, as well as the impacts on a larger region.

The Economic and Fiscal Model is used by cities to help evaluate the benefits and costs of potential developments, and evaluate incentive offerings. Both the revenue and cost portions of the fiscal impact customized to the budget and operations of your city. Because of the specificity of the fiscal impact, this model is most appropriate for local economic development organizations such as cities or chambers.

In addition to these products, we also have performed Customized Economic and Revenue Impacts for major corporations, flood control districts, and the Grand Canyon National Park. We have created customized fiscal impact analyses, which include revenues as well as expenditures, for city annexation areas, land use alternatives for major planned developments, and general plan updates.

Recent Project Examples

Regional Economic & Revenue Impact Models

Local Economic & Fiscal Impact Models

Economic & Fiscal Impact Studies

Private Sector Impact Studies

Private Sector Impact Studies