Economic Impact Analysis
Measuring jobs, spending, and tax revenue generated by projects and programs.
What We Do
We quantify the economic footprint of projects, programs, and organizations. Our economic impact analyses measure direct effects—jobs created, wages paid, purchases made—as well as the ripple effects that spread through the broader economy as that spending circulates.
We pay particular attention to the question that matters most: how much of the projected impact is genuinely new economic activity versus spending that would have occurred anyway, just somewhere else? This distinction—between gross impact and net new impact—is critical for decision-makers evaluating public investments or subsidies.
Our Approach
We build our analyses from the ground up, starting with realistic estimates of visitor counts, spending patterns, employment levels, and supply chain relationships. We use established economic modeling techniques to estimate multiplier effects, but we're transparent about the limitations of these models and careful not to overstate precision.
Our deliverables include estimates of total economic output, job-years supported (with clear distinctions between full-time equivalent positions and part-time or seasonal work), labor income generated, and tax revenue at the local, state, and federal levels. We document our methodology and assumptions so that findings can be understood and scrutinized.
Applications
Our economic impact work supports project approvals, grant applications, policy decisions, and public communications. We've measured the impact of proposed facilities, existing programs, capital investments, and organizational operations. Clients include municipalities, developers, nonprofits, and advocacy organizations seeking credible, defensible impact estimates.
Need to demonstrate economic value? Let's talk.
yuri.katrinic@katrinicassociates.com