IMPLAN Blog

It’s important to keep an eye on economic diversity, especially in times of economic uncertainty and when supply and demand are shifting. The Shannon-Weaver index is a powerful tool for measuring how evenly or unevenly the employment in any region is distributed among its industries. In today’s blog, we’re exploring how the S-W index works in IMPLAN and what it means for your economic impact studies.

The United States is experiencing a surge in demand for distribution transformers, a critical component of its power infrastructure. This demand spike is not merely a localized issue; it reflects broader economic dynamics and necessitates a deeper understanding of its implications. Let’s delve into the economic intricacies of this phenomenon and its far-reaching impacts.

Economic impact analysis isn’t just for those with years of experience in the field of economics anymore. 

For decades, IMPLAN has been the tool that economists and researchers turn to when they want to measure the impact of an economic event on a region. IMPLAN has long been trusted to deliver easy-to-use impact modeling, and extensive economic analytics. A few months ago, the IMPLAN Product Development team launched Quick Start Guides, which make it possible for those without an economics background to perform economic impact analysis quickly and easily by following a series of prompts that appear on the screen inside the application.

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.

As Easter approaches, many consumers are keeping a close eye on egg prices. The cost of a dozen eggs has increased dramatically since the outbreak of highly pathogenic avian influenza (HPAI) in commercial flocks. The rollercoaster ride of egg prices, influenced by supply disruptions, has left many wondering if they'll be paying more for their Easter eggs this year. But is there hope on the horizon?

Let's delve into the data and assess the current situation.

In the intricate dance of governance, few entities wield as much power and influence as the United States Congress. Tasked with enacting legislation and shaping the nation's trajectory, Congress represents the interests and concerns of the American people. But how can organizations ensure that their voices are not lost in the shuffle of policymaking?

Did you know IMPLAN’s data can help you measure the impact of climate change on specific regions and industries?

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.

We are thrilled to announce the latest update of our Canada Provincial Product, with data from 2020! At IMPLAN, we are committed to providing our users with the most accurate and comprehensive economic data to drive informed decision-making and analysis.

This year, fans of the San Francisco 49ers, the Kansas City Chiefs, and the NFL at large will pour into Las Vegas, Nevada for Super Bowl LVIII at Allegiant Stadium. While in Las Vegas, they will stay in hotels, feast on beer and wings at local bars and restaurants, and shop for souvenirs to take home to their families. Some will pass time on the Las Vegas Strip before the game while others will visit grocery stores to stock up on tailgating essentials.