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IMPLAN Blog

Introducing IMPLAN’s First Enhanced Guide

Posted by Chandler West on April 4, 2024

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.

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Topics: Economics, announcement, Impact, Education

Understanding the Economic Impact of the Francis Scott Key Bridge Collapse

Posted by IMPLAN Staff on March 27, 2024

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.

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Topics: Economics, Impact

A Trusted Resource: Understanding IMPLAN Input-Output Models

Posted by Jenny Thorvaldson & Chandler West on January 23, 2024

Over the years, IMPLAN has gained the trust of users by providing valid and reliable data and analytics. In this blog post, we’re exploring the history of IMPLAN and of input-output models to show you how we’ve come to be relied on as a credible source for so many researchers and decision makers. 

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Topics: Data, Economics, Methodology, Impact

New in IMPLAN Cloud: Updated Occupation Data

Posted by Chandler West on January 11, 2024

IMPLAN’s ever-expanding data suite just got even better. We’re excited to announce the release of our newest occupation data. This latest release comes with significant updates and enhancements that offer valuable insights into occupational trends and their impact on the economy.

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Topics: Data, Economics, announcement, Impact, occupation data

Introducing IMPLAN’s First Quick Start Guide

Posted by Chandler West on December 5, 2023

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

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Topics: Economics, announcement, Impact, Education

Beyond the Cloud: Discover the IMPLAN API

Posted by Chandler West on May 5, 2023

Did you know that the IMPLAN application programming interface (API) makes it possible for National Package subscribers to integrate IMPLAN Cloud with existing workflows and tools? With IMPLAN’s API, you can easily integrate IMPLAN Cloud impact analysis and data into any website, application, workflow, or visualization tool.

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Topics: Economics, announcement, Impact

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

IMPLAN and Renewable Energy: Understanding Offshore Wind Tax Credits

Posted by Chandler West on May 24, 2022

As renewable energies take center stage in political policies and public consciousness, IMPLAN is here to help you measure each project’s economic impact. Our recent post Resource Roundup: IMPLAN and Solar Energy focused on giving you the information you need to study the economic impact of a solar energy project. Much of that same information can also be applied to wind power projects. In today’s blog, we’re taking a look at the Offshore Wind Tax Credit Program and how IMPLAN can help you understand the economic impact of wind energy projects, whether you’re a developer, a state authority, or an accounting service provider.

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Topics: Economics, Funding, Environmental, Energy, "Taxes", Impact, Economic Development

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

What You Need to Know About Evolving Economy - COVID Q3-2020 Data

Posted by Joe Demski on March 17, 2021

The world economy experienced drastic changes in 2020 as a direct result of the coronavirus pandemic. In order to address these drastic economic changes in our data, IMPLAN has released its second ever quarterly data set. The Evolving Economy - COVID Q3-2020 data captures the initial stages of the economic recovery in 2020. This data set, which is equipped to perform all forms of impact analysis modeling, is available now in the IMPLAN application.

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Topics: Data, Economics, Employment, Methodology, Impact, Coronavirus, Disruption

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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