IMPLAN Selected Clients and Use Cases
Those who rely on IMPLAN to examine their businesses and economies are at the forefront of economic modeling science and ingenuity. Here are just a few of the companies whose business decisions and understanding of their place on the economic stage are shaped by IMPLAN.
Total gasoline purchases within the state stimulated by direct, indirect, and induced impacts of convention center construction were divided by an approximate average gas price of $2.75 per gallon, and the appropriate 18 or 19 cent gas tax was applied to the number of gallons estimated through this method. This revenue source contributed another $152,000 to the state during the construction.
The economic activity of international automakers and dealers in America generated $28 billion in state and local tax receipts and other revenues and $39 billion in federal tax receipts and other revenues for the federal government in 2016.
We conducted economic impact studies in San Francisco, New York, Paris, Amsterdam, Athens, Barcelona, Berlin, Boston, Edinburgh, London, Los Angeles, Montreal, Portland, and Sydney.
Combining capital expenditures and the MCH’s operations, the total economic impact (direct, indirect, and induced) is estimated to average $6.3 billion per year from 2019 through 2030 in Virginia, supporting an average 27,463 jobs per year.
Overall, our models indicate an employment decline of 1,192 workers in Philadelphia as a result of the PBT, or roughly 0.14 percent of Philadelphia employment. These job losses broke out to roughly 5 percent from bottling, 25 percent from beverage trade and transport margins, and 70 percent from reduced non-beverage grocery retail.
The iron and steel industry is a dynamic part of the U.S. economy, generating more than $520 billion in total economic output and nearly two million American jobs in 2017. These jobs paid over $131 billion in wages and benefits.
The total economic contribution of museums in 2016 amounted to more than $50 billion in GDP, 726,200 jobs, and $12 billion in taxes to local, state, and federal governments.
Each direct job in the oil and natural gas industry supported an additional 2.7 jobs elsewhere in the US economy in 2015. That is, in addition to the 2.8 million direct jobs in the oil and natural gas industry, 7.5 million additional jobs were supported in the US economy.
Hudson Yards has been a major contributor to the recovery of New York City’s construction industry in the years following the recession. We estimate that construction work at Hudson Yards accounted for approximately 16 percent of the total increase in construction industry employment in New York City between 2011 and 2014.
The spending activities of a children’s museum impact jobs in the region. Small museums have a noticeable impact, for every $62,500 spent supports a job in their community.
Estimated direct economic benefits supported by Bank of America financing include 13,938 jobs, $3.7 billion in labor income, $5.0 billion in value added, and $10.6 billion in gross economic output.
Beacon Economics specializes in analyzing the economic impacts of EB-5 investments and regional centers and in accurately demonstrating the economic and employment value an EB-5 project brings to a region.
Originally projected to provide 2,000 jobs, BMW Manufacturing now has 11,000 jobs on site. Add to that the companies required to supply and support the campus, and BMW provides jobs for over 30,000 South Carolinians. Lost in the numbers is the level of quality BMW is adding to the local labor pool.
Offshore wind energy projects also create indirect and induced benefits. Indirect benefits include the benefits arising from the wages and expenditures created in supplier businesses as a result of project expenditures.
The spending and employment included in this estimate generated $156.3 billion in economic activity in California during fiscal year 2016.
On an average annual basis, the Project would support between approximately 116,000 and 160,000 jobs across the combined U.S.‐ Canada study area. This employment base would grow gradually over the 21‐year analysis period with the adoption of the new maglev service. These estimates represent about 1.9 to 2.7 percent of the study area in the opening year of the service and about 1.4 to 2.0 percent by 2055 when the economy has grown. It is anticipated that most of this impact would be in the metro areas.
Combining capital expenditures and the MCH’s operations, the total economic impact (direct, indirect, and induced) is estimated to average $6.3 billion per year from 2019 through 2030 in Virginia, supporting an average 27,463 jobs per year.
The New York City tech ecosystem generates approximately 541,000 jobs, $50.6 billion in annual compensation, and $124.7 billion in annual output. Of the 541,000 total jobs, 291,000 are direct, and 250,000 jobs are generated through multiplier effects
A recent study conducted by Cleveland State University estimates that since 2009, the increase in media sector activity has resulted in $572 million in economic impact to the state, of which $463 million was in Northeast Ohio and the creation of 4,162 direct jobs in Ohio, with 3,399 of the total in Northeast Ohio.
In this 11th year of reporting, companies that received investment and support from JumpStart and the ESP partners early in their lifespans are truly showing their impact on the regional and statewide economies, the details of which are shown in the following report.
The economic effects of Comcast’s business purchases, charitable contributions, and capital spending, ripple through Oregon’s economy, by supporting additional economic activities in other parts of the state.
The growth in USOC related organizations has served as a catalyst for growth in the overall sports sector in the area.
Employees and students at OHSU spend their money at other businesses, supporting even more jobs. These jobs would disappear in the absence of OHSU.
It is estimated that the expenditures associated with ODUNDE festival Have an aggregate economic impact of $28 million within the City of Philadelphia, supporting 345 jobs with $12.5 million in earnings.
The additional economic impacts brought about by Facebook’s direct spending are estimated for the entire state of North Carolina.
The analysis presented in this document demonstrates that GE is an economic driver of the Schenectady County area, and in communities throughout the Capital District of New York State.
The economic activity of international automakers and dealers in America generated $28 billion in state and local tax receipts and other revenues and $39 billion in federal tax receipts and other revenues for the federal government in 2016.
Total employment directly and indirectly supported by the US grocery manufacturing industry amounted to 11.1 million jobs in 2015.
In 2016, Google data centers generated $1.3 billion in economic activity, $750 million in labor income, and 11,000 jobs throughout the United States.
Ongoing operation of the Project is estimated to create approximately 194 jobs, $8.9 million in labor income, and $25.3 million in economic output on annual basis. Operation of the Project is estimated to generate approximately $4.9 million in state and local taxes, of which approximately $890,000 will be collected by Los Angeles County and $2.0 million will be collected by the City of Los Angeles on an annual basis.
HFH had a total statewide employment impact of 539 employees, $28.4 million in labor income, and approximately $62.1 million in total industrial output.
The economic activity of international automakers and dealers in America generated $28 billion in state and local tax receipts and other revenues and $39 billion in federal tax receipts and other revenues for the federal government in 2016.
San Francisco hotels generated about $11.3 billion in economic output, supporting roughly 105,300 jobs in the City.
Approximately $26.9 million in compensation paid to workers directly and indirectly associated with construction, of which $18.8 million will be paid to on-site workers (in 2017 dollars).
Two scenarios were analyzed: first, a 28-percent benefit cap on tax exempt interest assumes a decrease in capital spending of $5.8 billion, or the annual average of the $58.2 billion of estimated extra borrowing costs. The second scenario is a reduction of capital spending of $16.6 billion per year under the assumption that the tax exemption was eliminated entirely.
In 2017, our $553 million spend with U.S. Tier 1 diverse suppliers supported over 7,000 U.S. jobs and is changing communities in disadvantaged areas.
We estimate that Johns Hopkins and its affiliates directly and indirectly accounted for more than $9.1 billion in economic output in Maryland, and 85,679 jobs.
EY was retained by a Fortune 50 global manufacturer who is currently conducting a site selection search for their proposed investment within the United States.
Pacific Standard Time: LA/LA generated consider- able economic activity in the Southern California region, adding $430.3 million in economic output and supporting 4,080 jobs with total labor income of $187.9 million. This activity is estimated to have added $24.3 million in tax revenues for state and lo- cal governments.
The economic impact analysis shows that military-related spending in all three categories accounted for $7.7 billion in economic output in Louisiana in fiscal year (FY) 2016. Over 77,000 employees are associated with this output, which equates to approximately 4% of total state payroll employment.1
NASA SBIR and STTR small businesses received a total of $172.9 million ($152.8 million to SBIR participants and $20.1 million to STTR participants) for the development of R
During construction, NWNA will spend $22 to $23.5 million of the $50 million construction budget within Pennsylvania. This construction spending will generate an estimated total economic impact of $33 to $36 million within the Commonwealth of Pennsylvania (of which approximately $30.1 to $32.2 million will occur within Centre County), supporting 240 to 250 total jobs.
The gaming industry supported more direct jobs than in other industries such as plastics manufacturing, or the motion picture and sound recording industry.
The Laboratory directly and indirectly supported $1.46 billion (B) in economic output, 7,100 jobs, and $578M in Washington State wage income from current operations.
Increases in commercial fishing ($8.2 million between 2010 and 2015) brought about by enhancement activities created 696 jobs over multiple years, with an average of over 100 jobs per year.
For 1,000 “construction of a new manufacturing facility” jobs in Delaware County, Pennsylvania, there would be approximately 381 indirect and induced jobs that would support this economic activity.
Altogether, the U.S. biopharmaceutical industry directly and indirectly supported more than 4.4 million U.S. jobs in 2014, leading to a significant industry employment multiplier of 5.21.
At the national level, each direct job in the oil and natural gas industry supported an additional 2.7 jobs elsewhere in the US economy in 2015.
HFH had a total statewide employment impact of 539 employees, $28.4 million in labor income, and approximately $62.1 million in total industrial output.
Over 3 years, the estimated total gross economic impact associated with the Forest City Data Center is $707 million in output, $350 million in value-added, and 5,000 jobs across North Carolina.
In total, scientific R
In Hudson County (including Hoboken), spending by the university, students and visitors directly and indirectly accounted for ,696 FTE jobs in Hudson County, with earnings totaling nearly $122.4 million; and $171.5 million in countywide economic output.
In 2017, TD contributed $22 billion in support of the transition to a low-carbon economy through our lending, financing, asset management, and internal corporate programs.
These examples, which together combine to a positive estimated benefit exceeding $190 million for New Mexico annually, are just six of more than 70 program impact descriptions contained in this report.
GE has an annual economic impact of $4.0 Billion in the Capital District. GE Employs directly and indirectly 17,576 people in the capital district (or one in every 27 jobs) in the local area is attributed to GE directly or indirectly. GE contributes directly and indirectly $198.9 Million in local and state taxes.
Student and visitor spending levels for FY 2013-14 are estimated to total close to $429 million and flow into several industry sectors in the economy.
During the 2016017 fiscal year, UCLA had a total impact of $11.06 billion on the California economy.
BMW’s annual economic output amounts to $16.6 billion. This figure reflects the dollar value representing all output produced in South Carolina that can be attributed (either directly or indirectly) to BMW.
The university generated a total of $6.11 billion in economic output in Los Angeles County, $7.44 billion in economic output in Southern California and $8.13 billion in economic output in California.
This Website contains information on the NRCS uses of the IMPLAN data and model for regional economic, program and project analysis.
Visitors to National Parks spent an estimated $18.2 billion in local gateway regions (defined as communities within 60 miles of a park). The contribution of this spending to the national economy was 306 thousand jobs, $11.9 billion in labor income, $20.3 billion in value added, and $35.8 billion in economic output.
The study indicates that ecosystem restoration projects provide meaningful economic contributions to local economies and to broader regional and national economies, and, based on the case studies, we estimate that between 13 and 32 job-years4 and between $2.2 and $3.4 million in total economic output5 are contributed to the U.S. economy for every $1 million invested in ecosystem restoration.
Combining capital expenditures and the MCH’s operations, the total economic impact (direct, indirect, and induced) is estimated to average $6.3 billion per year from 2019 through 2030 in Virginia, supporting an average 27,463 jobs per year.
Walmart can save a DC family of four approximately $1,300 per year – 18% of the average DC household’s annual grocery store bill – on food and other typical grocery store items.
The analysis estimates the total impact that can be attributed to airport-related activity at the 135 public use airports in Washington State: 248,500 jobs, $15.3 billion in wages and $50.9 billion in total economic activity. From a fiscal perspective, more than $791 million in tax revenue is generated from aviation activities.