What we do…

Economic Impact Analysis

Applied Economics conducts studies to measure the effect of a wide variety of economic activities, including the impacts of new developments, business expansions or relocations, transportation infrastructure improvements, utility generation facilities, higher educational institutions, and tourism.

Development-based impacts, such as those caused by new development, quantify the effect of land use, zoning, and density changes on public finances. Business impacts measure the effect of company locations, relocations, expansions, and exits.  We also perform specialized analyses to address the impacts of colleges and universities and tourism-related events and venues.

Incentive Analysis

We conduct detailed analyses of projected tax revenues and incentives for specific companies on behalf of state and local economic development organizations.  The results of these analyses enable companies and government officials to negotiate effectively when preparing and finalizing incentive agreements.  These incentive analyses may include comparing taxes and incentives across multiple competing locations.

School District Enrollment Projections

Applied Economics provides various services to school districts, including demographic and development analyses, enrollment projections, and facility and attendance area planning. We have developed methods to assess current conditions and recommend solutions for a wide variety of planning issues using small-area enrollment projections and GIS. We also help evaluate potential options for addressing specific facility planning issues.  We tailor the scope of services provided to respond to each district’s particular needs and opportunities, working with district staff and school boards, and participating in public outreach efforts, including workshops and community forums.

Socioeconomic Projections and Urban Planning

Applied Economics conducts socioeconomic research on wide range of topics. This information is primarily used for urban planning, street transportation and transit planning, and retail market gap assessments.  Our socioeconomic analyses are conducted for regional, sub-regional, and small-area geographies. We specialize in preparing small area estimates and projections of socioeconomic variables such as population, housing units, income, enrollment, and employment used in a variety of planning applications and economic and fiscal impact assessments.

Economic Development Research

We perform various analyses for economic developers including labor market analyses, business climate and operating cost comparisons, and other economic research. We are also experienced at conducting retail market studies, economic base analysis, and target industry analyses.