IMPLAN Blog

Recent IMPLAN analysis reveals that the Department of Energy’s proposed funding cuts to wind and solar projects could significantly dampen U.S. economic growth, threatening more than $500 million in annual GDP and approximately 3,500 jobs across the country.

International students have long been important contributors to the U.S. economy, not only through tuition payments but also through their everyday spending in the communities where they study. Beyond classrooms and campuses, international students support local restaurants, retail stores, healthcare providers, housing markets, and more.

But as new restrictions and heightened uncertainty around international enrollment take hold, the potential loss of this spending represents a significant risk to both local economies and the national economy. 

This IMPLAN analysis examines what happens if foreign student spending in the U.S. declines. To account for near-term uncertainty, we modeled the effect of a 10% reduction in student expenditures.

Recent federal actions targeting Harvard University have sent shockwaves through Greater Boston’s research and education ecosystem. The termination of billions in research funding, the disqualification of the university from future federal grants, and new restrictions on international student enrollment present not just institutional challenges for Harvard, but economic risks for the entire region.

Let’s explore the potential economic consequences of these federal policy shifts, using IMPLAN data and modeling to understand what’s at stake.

The Farm Bill is a comprehensive piece of legislation that governs various agricultural and food programs, including SNAP, and has significant implications for the agricultural sector and the broader economy.

In the last year, the United States witnessed a notable surge in strikes, with significant ramifications for various sectors of the economy. 

2023 saw a considerable uptick in strikes, with 33 major work stoppages—the highest in over two decades. Notably, these strikes involved nearly 459,000 workers, resulting in approximately 16.7 million days of lost work. Among these, the SAG-AFTRA strike, involving 160,000 actors and lasting four months, stood out as one of the most significant.

Drawing from recent data, this analysis delves into the economic effects of some of the most high-profile strikes, those by the Screen Actors Guild—American Federation of Television and Radio Artists (SAG-AFTRA), the Writers Guild, the United Auto Workers (UAW), and a coalition of unions against healthcare giant Kaiser Permanente.