ConsultEcon Management & Economic Insight

Impact Evaluations describe how a development action or investment will affect an area's social and economic well being.  ConsultEcon has developed models for a wide variety of impact evaluations including economic impact evaluations, fiscal impact analyses, secondary (spin-off) impacts studies and community impacts and community benefits evaluations.  Many governments require economic impact studies for project approval and/or funding. 


Socio-Economic Impact Analysis

Socio-Economic Impact analysis is often a component of Environmental Impact Statements (EIS) for major development projects.  Socio-economic impacts studies include: qualitative community impacts such as project educational and quality of life benefits; project competitive impacts; and the impacts considered in EIS such as population, demographics, land use and economy. 

Examples of this work include:

Akron Arts Impacts:  Akron, Ohio
Aquatic Center:  Tucson, Arizona
Champlain Valley National Heritage Corridor:  Vermont and New York
Community Character Impacts:  Ithaca, New York
Commercial Development Economic Impacts:  Mashpee, Massachusetts
Economic Development Strategies:  Pittsfield, Massachusetts
Gettysburg National Military Park:  Gettysburg, Pennsylvania
Hanscom Area Towns Study:  Massachusetts
Lifestyle Retail Center Impacts:  Dedham, Massachusetts
Railroad Park:  Birmingham, Alabama
Salem State College/GTE Site:  Salem, Massachusetts
St. Lawrence Aquarium & Ecological Center: 
Massena, New York