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IMPLAN Blog

Influencing Legislation with IMPLAN Cloud: How the Pennsylvania Manufacturers’ Association Uses Economic Impact Analysis for Lobbying

Posted by Chandler West on March 30, 2023

As a driver of informed decision making, IMPLAN Cloud is used at all levels of government to drive policy changes and sound legislation. Many associations and organizations across the country use IMPLAN Cloud in their lobbying efforts. One such organization is the Pennsylvania Manufacturers’ Association (PMA), the lobbying efforts of which are headed up by Executive Director Carl A. Marrara.

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Topics: Economics, Advocacy, Government

Celebrating IMPLAN History: The Rural Development Act of 1972

Posted by Chandler West on September 30, 2022

2022 marks the 50th anniversary of the Rural Development Act of 1972 (RDA). The RDA was  pivotal to getting the ball rolling for IMPLAN to be created in 1976.

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Topics: Impact, Economic Development, Government

What is the Economic Impact of the Infrastructure Bill?

Posted by Chandler West on August 31, 2021

In early August 2021, the Infrastructure Investment and Jobs Act passed in the Senate. By the end of the month, the House of Representatives agreed on a September 27 deadline for voting on the bill, and given its bipartisan support, it is expected to pass there as well. This new bill focuses on investments in roads, railways, bridges, and broadband internet. It proposes $550 billion in new spending from 2022 to 2027, with the aim to improve sustainable transportation options, expand access to high-speed internet and clean drinking water, and upgrade our power infrastructure to facilitate the expansion of renewable energy.

These are exciting goals, backed by a lot of money. But what exactly will the economic impact of these investments look like? The ripple effect of this large amount of government spending can be expected to make a difference across the country, not just in the industries where it is initially spent, but also far beyond. We can get a clearer picture of the infrastructure bill’s impact on the economy through Input-Output Analysis performed by economists at IMPLAN Group, LLC, the leading provider of economic impact data and technology.

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Topics: Data, Economics, Employment, Methodology, Impact, Government

Ask an Economist: FAQs for New Business Location Economic Impacts

Posted by Joe Demski on February 22, 2021

Our webinar, The Economic Impact of a New Business Location, walked through the process for modeling the economic impact of a new business location. In the presentation, considerations for the construction and operations impacts were covered and examined in the context of the Lowe’s Design Center Tower project. If you missed the live presentation, you can watch the recording here. The discussion generated a number of questions highlighting important points about running these analyses. Check out what our economists had to say below:
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Topics: Data, Economics, Employment, Methodology, "Taxes", Impact, Economic Development, Corporation, Government

What is the Economic Impact of the COVID-19 Vaccine Manufacturing Process?

Posted by Joe Demski on December 10, 2020

2020 has been an incredibly challenging year for most of the world with seemingly very few bright spots to focus on. The emergence of COVID-19 has dramatically altered the way we live, perhaps permanently. Coronavirus-motivated mask mandates, regional shutdowns, capacity restrictions, and social distancing brought about economic uncertainty. The most commonly cited hope for a return to normalcy has been the widespread availability of a vaccine. Due to the fast-tracking of vaccine trials and significant government support, several effective vaccines appear to be on the horizon as we head into 2021. 

The public health benefit is straight-forward, however the economy is a very important concern to many. Anticipating the vast impact across the economy is incredibly difficult due to the unpredictability of consumer confidence in the midst of the pandemic. Despite this unpredictability, the sizable economic impact of investment in the vaccine manufacturing process can be readily estimated with Input-Output Analysis. Using publicly available data to define input values, IMPLAN has performed an analysis of the effect of the Federal government’s spending on vaccine manufacturing.

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Topics: Data, Press Release, Economics, Employment, Methodology, Impact, Government, Coronavirus, Disruption

Quantify Your Economic Impact in Any Congressional District

Posted by Joe Demski on January 27, 2020

When conducting any economic impact study, defining where an impact is felt is critical. Whether analyzing the nationwide impact of an industry or the contribution that business makes in a specific zip code, IMPLAN’s economic data and modeling provide the insight you are seeking. Data is available for all geographic regions across the U.S. including all 435 congressional districts. This means that economic impact analyses can be run in any congressional district nationwide. Advocacy groups and leaders are utilizing this data to bolster their advocacy efforts, communicate their value to elected officials, and influence legislation.

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Topics: Data, Economics, Contribution Analysis, Association, Impact, Advocacy, Government, Congressional Districts

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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