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.
Topics: Economics
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?
Topics: Data, Economics, Methodology
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:
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