Economic Impact Analysis

ECONorthwest has extensive capabilities estimating the economic and fiscal impacts of a wide range of projects.

ECONorthwest employs the full range of analytical tools for measuring economic impacts. We maintain regional macroeconomic models, in addition to standard and econometrically augmented input-output models.

To these tools, we apply a rigorous understanding of the economic context within which specific impacts occur. This combination of robust modeling capacity and explanatory insight allows us to provide unparalleled quantitative analysis to our clients.

Our expertise in this area is widely recognized in the industry. We have developed customized input-output models of regional and foreign economies. We have several decades experience using the IMPLAN modeling software. IMPLAN founders and senior staff members have recommended our consulting services to others.

We've calculated the impacts associated with a wide range of activities, including:

• Local, state, and federal government programs and policies in natural resources, education, health care, transportation, land use, economic development, pollution control and climate change.
• Operations and expansion plans of privately- and publicly-owned companies, such as Intel, Nike, and Facebook.
• Conventional and renewable energy resources and technologies, with state-of-the art analyses of proposed wind, solar, wave, and geothermal projects
• Green industries, technologies, programs, and buildings.
• Energy efficiency programs and the Property Assessed Clean Energy (PACE) programs.
• Environmental Impact Statements (EIS) under the National Environmental Policy Act (NEPA) and state-level regulations
• Tourism, cultural, and recreational activities such as convention centers, hotels, museums, major and minor league sports, ski resorts, fishing.
• Native American economic development, gaming, and government programs.
• Grant programs including the New Market Tax Credit (NMTCs) program, Immigrant Investor (or EB-5) program, American Recovery and Reinvestment (ARRA) program, Transportation Investment Generating Economic Recovery (TIGER) program, and numerous other federal, state, and local grant programs.
• Union pension plans of private firms and their asset managers, using a Union-augmented IO framework.

Interested in learning more about how ECONorthwest can help you with your next project? Our toolbox is full and our staff enjoy meeting new challenges.