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IMPLAN Blog

IMPLAN and Renewable Energy: Understanding Offshore Wind Tax Credits

Posted by Chandler West on May 24, 2022

As renewable energies take center stage in political policies and public consciousness, IMPLAN is here to help you measure each project’s economic impact. Our recent post Resource Roundup: IMPLAN and Solar Energy focused on giving you the information you need to study the economic impact of a solar energy project. Much of that same information can also be applied to wind power projects. In today’s blog, we’re taking a look at the Offshore Wind Tax Credit Program and how IMPLAN can help you understand the economic impact of wind energy projects, whether you’re a developer, a state authority, or an accounting service provider.

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Topics: Economics, Funding, Environmental, Energy, "Taxes", Impact, Economic Development

Resource Roundup: IMPLAN and Solar Energy

Posted by Chandler West on May 9, 2022

As more and more people recognize the importance of protecting our planet, renewable energies like solar energy are taking center stage, transforming our environment as well as our economies.

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Topics: Economics, Environmental, Energy, Economic Development

The Big Picture: Understanding the State of the Economy Using IMPLAN Data and Other Sources

Posted by Jenny Thorvaldson on April 7, 2022

An enormous variety of factors are at play in any given economy, and there are countless measuring tools and data sets that can help us better understand what is happening in our economic environment. In times of great change, like we’re experiencing now in the wake of the COVID-19 pandemic, it can be helpful to take a step back and look at the big picture. IMPLAN data sets provide very granular geographic and industrial levels of detail, with consistent data estimates spanning from 2001 to the most recent IMPLAN data year. These micro data can be used in concert with macro data from other sources to gain a rich understanding of local and regional economies, as well as the national economy. In today’s blog, we’re looking at some measurements that can be used alongside IMPLAN data to gain a better sense of the big picture.

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Topics: Data, Economic Development

Goodbye, Pro! Hello, Future!

Posted by Chandler West on April 4, 2022

The news is out! By now, you’ve probably heard that IMPLAN has retired Pro. 

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Topics: announcement

Data Library: Advancing Economic Research

Posted by Joe Demski & Chandler West on February 10, 2022

IMPLAN’s academic roots created a continuing commitment to enhancing and promoting economic research. That’s why IMPLAN’s Data Library is available in a convenient package for anyone interested in rapidly making comparisons or examining historical trends by region and industry, tax collections by specific taxing authority, inter-county trade of goods and services, and more for all states and counties in the United States. 

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Uncovering Real Economic Insights from the 2020 Data

Posted by Jenny Thorvaldson on February 1, 2022

2020 was an unusual year for sure — the pandemic, the great resignation, working remote, and more. IMPLAN's 2020 data holds a tremendous amount of valuable economic intelligence. 

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Topics: Data, Economics, Technology, Coronavirus

2020 Data Season is Here

Posted by Chandler West on December 16, 2021

It’s that time of year again. Here at IMPLAN, we mark the holiday season with our annual data release. That means 2020 data has arrived in the IMPLAN application!

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Topics: Data, Economics, Technology

Using IMPLAN in Your EDA Grant Application and Beyond

Posted by Chandler West on November 30, 2021

The U.S. Economic Development Administration (EDA) is a bureau within the U.S. Department of Commerce, and the only federal agency focused exclusively on facilitating job growth and building resilient regional economies across the United States. The EDA offers a variety of funding opportunities for economic development projects. In the wake of the coronavirus pandemic, the EDA was allocated $3 billion in supplemental funding under the American Rescue Plan, allowing them to offer even larger and more transformational investments across the country.

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What is the Economic Impact of the Infrastructure Bill?

Posted by Chandler West on August 31, 2021

In early August 2021, the Infrastructure Investment and Jobs Act passed in the Senate. By the end of the month, the House of Representatives agreed on a September 27 deadline for voting on the bill, and given its bipartisan support, it is expected to pass there as well. This new bill focuses on investments in roads, railways, bridges, and broadband internet. It proposes $550 billion in new spending from 2022 to 2027, with the aim to improve sustainable transportation options, expand access to high-speed internet and clean drinking water, and upgrade our power infrastructure to facilitate the expansion of renewable energy.

These are exciting goals, backed by a lot of money. But what exactly will the economic impact of these investments look like? The ripple effect of this large amount of government spending can be expected to make a difference across the country, not just in the industries where it is initially spent, but also far beyond. We can get a clearer picture of the infrastructure bill’s impact on the economy through Input-Output Analysis performed by economists at IMPLAN Group, LLC, the leading provider of economic impact data and technology.

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Topics: Data, Economics, Employment, Methodology, Impact, Government

What You Need to Know About Evolving Economy - COVID Q3-2020 Data

Posted by Joe Demski on March 17, 2021

The world economy experienced drastic changes in 2020 as a direct result of the coronavirus pandemic. In order to address these drastic economic changes in our data, IMPLAN has released its second ever quarterly data set. The Evolving Economy - COVID Q3-2020 data captures the initial stages of the economic recovery in 2020. This data set, which is equipped to perform all forms of impact analysis modeling, is available now in the IMPLAN application.

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Topics: Data, Economics, Employment, Methodology, Impact, Coronavirus, Disruption

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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