<img src="//bat.bing.com/action/0?ti=5564067&amp;Ver=2" height="0" width="0" style="display:none; visibility: hidden;">

IMPLAN Blog

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. 

Read More

Topics: Data, Economics, Methodology, Impact

IMPLAN’s User Interface Redesign: Everything You Need to Know About the Newest Release

Posted by Chandler West on October 16, 2023

If you’ve logged into IMPLAN Cloud in the last month, you may have noticed that the app has undergone a makeover! While we frequently make updates and improvements to IMPLAN Cloud, we’re particularly excited about this batch of changes to our user interface. Our Product Development team has been hard at work making it easier than ever to perform economic impact analysis, and we’re so excited to show you what’s new in the IMPLAN Cloud application.

Read More

Topics: Economics, Methodology, announcement

Get to Know the Shannon-Weaver Index of Economic Diversity

Posted by Jenny Thorvaldson on August 19, 2022

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.

Read More

Topics: Economics, Methodology

What is IMPLAN?

Posted by IMPLAN Staff on August 4, 2022

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?

Read More

Topics: Data, Economics, Methodology

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.

Read More

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.

Read More

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

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:
New call-to-action

Read More

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.

Read More

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

Modeling the Impact of the Coronavirus with Evolving Economy Data

Posted by Joe Demski on September 28, 2020

The coronavirus epidemic has reset the way we understand and examine the economy. With major changes to employment levels and household spending, plus stimulus checks, increased unemployment benefits, and PPP loans, it is crucial that economic data is updated during this time. With that in mind, IMPLAN is proud to announce the release of ground-breaking data and economic impact models for the COVID-19 era: Evolving Economy - COVID Q2-2020.

Read More

Topics: Data, Economics, Technology, Methodology, Impact, Economic Development, Coronavirus, Disruption

What Can You Do with Occupation Data in IMPLAN?

Posted by Joe Demski on August 31, 2020

The most granular employment insight IMPLAN has ever assembled and organized by occupation and core competency is now available for purchase inside the IMPLAN application. Our occupation data shows estimates of employment, wages, hours, and core competencies for 823 different occupations. What you find in the data and how can it be leveraged in your own studies can be a game-changer.

Read More

Topics: Data, Economics, New Market Tax Credit, Methodology, Impact, Economic Development

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

Book a Demo

Recent Posts