IMPLAN Blog

How Economic Impact Analysis is Unlocking Rural Real Estate Investment Potential

Posted by Chandler West & Jordan Howard on August 14, 2025

Across the U.S., rural communities hold immense untapped potential, but they often face an uphill climb when it comes to attracting the capital needed to realize it. Opportunities abound in logistics hubs, industrial redevelopment, workforce housing, and renewable energy infrastructure, but many rural projects are overlooked by institutional investors.

Why? Time and again, the same challenge emerges: a lack of clear, localized data.

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Topics: Economics, Impact, Economic Development

Enhanced Emissions Data in IMPLAN: Transforming Impact Analysis into Climate Intelligence

Posted by Chandler West & Maria Lucas on August 13, 2025

Environmental responsibility is no longer optional – it’s essential. Global mandates are rapidly reshaping the landscape of climate disclosure, and IMPLAN is uniquely positioned to help organizations navigate it with confidence. In the US and abroad, new regulations require scope-based reporting. IMPLAN now empowers climate-conscious decision makers with powerful environmental data for US-based data offerings, capturing greenhouse gas (GHG) emissions by industry and region, and connecting them directly to economic impact results.

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Topics: Economics, Impact

Introducing IMPLAN’s Time Series Data: Precision Across the Years

Posted by Chandler West on August 13, 2025

We’re pleased to announce the release of IMPLAN’s Time Series Data: your key to unlocking deeper understanding with historic consistency.

Time Series Data empowers you to move beyond one-year snapshots and start uncovering long-term economic trends with clarity and confidence. Whether you're analyzing regional economic growth, industry shifts, or policy outcomes, our Time Series Data gives you a foundation to build on.

Designed to provide more accurate, consistent, and transparent economic analysis from 2001 to 2022, our Time Series Data gives you the tools you need to understand economic impacts with more precision than ever before.

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Topics: Data, Economics, Impact

How Small Shifts in Manufacturing Ripple Through the U.S. Economy

Posted by Candi Clouse and Chandler West on August 13, 2025

Recent economic headlines show a mixed bag for the U.S. economy. According to Reuters, U.S. retail sales fell more sharply in May 2025 than economists expected. Meanwhile, manufacturing output barely moved, reinforcing concerns about slowing momentum. But what do these numbers actually mean in terms of economic impact?

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Topics: Economics, Impact

NAICS Codes 101: Understanding Industry Classification with IMPLAN

Posted by Chandler West on August 12, 2025

When you’re delving into economic analysis, you'll often encounter North American Industry Classification System (NAICS) codes. NAICS codes (pronounced like “snakes” without the “s”) are essential for categorizing businesses and understanding economic data. 

In today’s blog, we’ll break down what NAICS codes are, how they correspond with IMPLAN sectors, and why they matter for your economic impact analysis.

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Topics: Data, Economics, Technology, Methodology

Get to Know the Shannon-Weaver Index of Economic Diversity

Posted by Jenny Thorvaldson on August 12, 2025

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.

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Topics: Economics, Methodology

What is IMPLAN?

Posted by IMPLAN Staff on August 12, 2025

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?

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Topics: Data, Economics, Methodology

What Value do Community Events Provide?

Posted by Joe Demski on August 12, 2025

Local events that bring communities together for holidays or regional celebrations often become annual traditions deeply intertwined with an area’s identity. In recent years, however, some localities have halted events like holiday parades, block parties, and July Fourth fireworks due to increasing regulations and rising costs. The immediate savings are beneficial. However, the significant, positive effects these events have on local economies are being lost in the process. While few studies exist regarding the impact of non-tourist, community events on economies, the framework exists to reliably analyze their effects. Before jumping into the event analysis methodology however, there are several factors to assess.

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Topics: Data, Events, Economics, Methodology, Tourism, Impact

A Brief History of Input-Output

Posted by Vanessa Remmers on August 12, 2025

Late in the summer of 1949, Wassily Leontief fed the 25-ton computer the last of the stiff paper punched with precisely-placed holes. The machine at Harvard University now had hundreds of thousands of data points about the United States economy.

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Topics: Data, Spotlights, Economics, Methodology

Understanding IMPLAN: Input-Output Analysis & Assumptions

Posted by Joe Demski on June 27, 2025

IMPLAN is a platform that combines a set of extensive databases, economic factors, multipliers, and demographic statistics with a highly refined, customizable modeling system. The foundation upon which economic impact analyses are built is the input-output (I-O) model. Understanding I-O analysis and the assumptions they employ are crucial to properly performing and reporting your own analysis.

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Topics: Data, Economics, Technology, Methodology, Impact

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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