Economic Impact and Return on Investment

Creative EDC uses IMPLAN, and our own analysis of impacts not estimated by IMPLAN, to estimate the impact of a wide range of projects. We have completed several economic impact analyses for ElectriCities of N.C., Inc., North Carolina’s Southeast Partnership, local EDOs, and corporate clients. In recent years, we have completed economic impact studies of manufacturers, health care systems, retail, mixed-use, and a whole downtown district. Please see our blog about the importance of economic impact studies and our brochure for more details. These studies are often used by local governments to determine if the project warrants public investment. In addition to economic impact studies using IMPLAN, we also complete in-depth research and analysis for potential projects. One example is an economic impact analysis of the Fugifilm project that located in Holly Springs, NC. The direct, indirect, and induced impacts of the $2 billion investment was modeled. The town and Wake County used the analysis to exhibit the return the community will see on its public investments in the project.

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Creative Economic Development Consulting