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IMPLAN Blog

Amazon HQ2: Gauging Its Impact

Posted by Joe Demski on October 4, 2019

Much has been written regarding Amazon’s HQ2 decision and what factors ultimately led to the choice of Arlington, VA. In September 2017, Amazon requested proposals for their new headquarters in North America. Ultimately 238 cities across the U.S., Mexico, and Canada submitted bids. Amazon’s RFP stated that 8 million square feet would be required for the campus and approximately $5 billion would be invested in capital expenditures. Additionally, on-site mass transit, a skilled employee base and strong university system (to fill an estimated 50,000 jobs), and easy access to an international airport were ideal site features. However, tax incentives were the ultimate prize for the tech giant. 

In order to maximize their potential offers, localities needed to understand their threshold to offer incentives. Economic impact analyses were a critical tool used by bidders for calculating the potential economic benefit that Amazon could bring to their locale, and, in turn, how significant any incentives offered could be. The analyses were a crucial step taken prior to the proposals, however they also informed actions taken after site selection.

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Topics: Economics, Employment, Methodology, Impact, Economic Development, Corporation

New CEW Data Available Now

Posted by Joe Demski on August 8, 2019

It’s that time again! Our data team here at IMPLAN works tirelessly to ensure that IMPLAN can offer the most comprehensive wage and salary dataset possible. Thanks to their efforts, the 2018 Census of Employment and Wages (CEW) dataset is complete and now available. Because of the level of detail and historic data available, the CEW data is perfect for establishing trends and running statistical analyses.

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Topics: Data, Economics, Employment, Methodology, Impact

Things That Can Go Wrong with Mixed-Use Development Projects

Posted by Tim French on May 7, 2019

Many fail and few succeed when it comes to breaking ground on development projects as complicated as those in the mixed-use category. Some languish, some fail, and others suffer hostile take-downs. Still, there are a handful of foreseeable pitfalls which you can easily dodge while in the planning phase of a project. Here are a few of these traps that we’ve observed and how best to avoid them.

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Topics: Data, Economics, Employment, Funding, Methodology

6 Common Economic Modeling Mistakes (And How to Fix Them)

Posted by Nasera Kaouss on May 9, 2018

Mistakes, we all make them. What if I told you that I could help you not make them? You’d probably be pretty happy, right? IMPLAN is a very useful tool and is easy to use when you know what all the terminology means. Luckily for you, IMPLAN offers a help desk where previous customers have probably asked the same questions that you may have. If not, it also allows you to post any questions and get a response. But in the interest of ease, here are a few of the common issues that IMPLAN users face and how to address them:

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Topics: Data, Economics, Employment

Robots Aren't Killing Jobs... They're Changing the Economy.

Posted by Adam Smith on February 7, 2018

Technology has been scary lately if you’re employed in manual labor.

Every few weeks in the news cycle it seems as though apocalyptic headlines like “Technology could kill 5 million jobs by 2020 ” or “Robots will destroy our jobs – and we're not ready for it ” creep above the fold.

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Topics: Employment, Skill Biased Technical Change, Technology

Why IMPLAN?

Put simply, IMPLAN is built for everyone.

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.

What used to take economists weeks can be done in minutes. By anyone!

But you're not alone, IMPLAN's best benefits go beyond the work done in the tool:

  • Easy to learn and use
  • Outstanding customer support
  • Access to orientations, trainings, and project consultations
  • Instills confidence in your analyses

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