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IMPLAN Blog

Audio: An Overview of Industry Contribution Analysis (Everything We Didn’t Put in the Webinar)

Posted by Joe Demski on June 20, 2019

The terms “economic impact” and “economic contribution” are often used interchangeably. However, the results they provide differ significantly. Impact analyses predict economic shifts based on change in an industry. Contribution analyses model the effects supported by an existing business or industry in a defined area. Industry contribution analyses are particularly important to groups like trade organizations or businesses that would like to determine their overall economic contribution at their current production rate.

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Topics: Data, Economics, Contribution Analysis, Methodology, Association

What You Can Take Away from the New York Apple Association’s Economic Contribution Analysis

Posted by Joe Demski on June 12, 2019

Contribution analysis is a modeling method used to estimate the value of a sector or group of sectors in a region at their current levels of production. Naturally, it is a valuable and useful tool for groups like industry associations and government entities that are evaluating the value of an industry to their community.

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Topics: Data, Economics, Contribution Analysis, Association, Agriculture

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Together, our software and data give you a window into your region of study — like one gigantic transaction log for the local economy. Chances are that if your project or business has a financial component, then IMPLAN can reveal some sometimes surprising detail about how your project relates to the local, state, or national economy.

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