IMPLAN Blog

So, you’re hoping to gain insight and quantify the impact of an industry, a new or existing business, expected growth or changes, or a specific event to the economy of a particular region. Where do you even begin?

In February 2025, the National Institutes of Health (NIH) proposed a cap on indirect costs for federal grants. This move could significantly affect the funding landscape for research institutions across the country, and it’s important to understand the economic consequences of this change. In particular, the cap could reduce the indirect costs that are vital to covering overhead expenses associated with research activities.

The recent collapse of the Francis Scott Key Bridge has sent shockwaves not only through Maryland, but also through the United States and the world at large. In addition to the heartbreaking loss of life, this event also has significant economic implications for the state of Maryland. In the aftermath of this disaster, the IMPLAN team has been hard at work analyzing the economic impact of a potential one-month closure of the Port of Baltimore.

In the wake of a remarkable surge in US crude oil production in 2023, the nation's economic landscape has witnessed a profound transformation, with ripple effects resonating across industries and occupations. The latest insights gleaned from IMPLAN Cloud paint a vivid picture of how the surge in oil production has become a harbinger of employment growth and economic prosperity.