Economic Impact Analysis and Business Strategies

Comprehensive assessment of jobs, economic activity, business strategies & operations that change market environments, policies, or infrastructure investment trends.

Do you need to demonstrate a positive jobs and economic impact related to your business strategy? We provide comprehensive assessments that quantify and clearly articulate the economic impact on jobs, tax revenues, and more arising from changes to the status quo.

Private sector companies turn to us to assess shifts in their market environments or quantify their contribution to economic development. Public agencies and trade associations engage us to determine the economic impact of regulatory policy changes, fiscal spending realignments or proposed infrastructure projects. Global clients rely on our economic impact analysis to deliver objective and defensible assessments that leverage our deep industry expertise, comprehensive economic databases, economic forecasts, and proven methodologies so they can:

Garner tax relief for major capital projects
Set forward-looking business strategy
Understand the impact of market trends
Empower lobbying strategy
Attract foreign investment
Drive economic development plans
Validate large revenue decisions

Quantify your project's positive economic contribution Learn more about our Economic Impact Analysis & Business Strategies

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Our Advantage

By engaging us, clients can expect to receive the following benefits:

Fact-based insight from an unbiased, independent source
Deep industry expertise and access to the largest collection of economic and financial data sets
Reliable intelligence from the most consistently accurate forecaster in the industry
Access to country analysts with knowledge of global regions’ histories, industrial profiles, and key decision-makers
Ability to strengthen your position during negotiations and make better planning decisions using both quantitative analysis and information on local stakeholder perspectives, preferences, and behaviors

Sample Projects

Public Investment’s Economic Impact

Challenge
Demonstrate a proposed policy or project’s impact on the economy

Solutions

Cost-benefit analysis
Project impact models by gross state product (GSP), gross domestic product (GDP) and employment by business sector
Outcome estimates by 32 NAICS sectors at the two-digit NAICS level
Economic development planning
State/regional tourism or other industry growth plans

Private Investment’s Economic Impact

Challenge
Provide proof of company contribution to the economy in exchange for tax relief

Solutions

Quantitative analysis of employment, income, wealth and purchasing power at local, state or national levels
Assessments to support negotiations with public officials

Travel/Tourism Industry’s Economic Impact

Challenge
Marshall support for travel/tourism sector based on its positive economic contribution

Solutions

Assessments, including jobs and revenues generated
Tourism Satellite Accounts to determine revenue distribution in- country
Modeling of capital investment needed to sustain tourism growth
Comparisons of tourism with other industries
Tourism asset evaluation and marketing campaign performance

Case Studies

Proposed Intermodal Rail Facility

Challenge
Prepare an economic impact study for a proposed intermodal rail facility that would provide greater access to an alternate shipping corridor while reducing truck traffic congestion at an existing downtown terminal.

Solution
Using our proprietary Transport Impact Models, we conducted a scenario analysis that measured the impact of the new intermodal terminal under four different capacity levels of key surrounding ports feeding into the facility.

Results
Our consultants determined that from 2008 to 2020, the facility would stimulate between 5,000 and 19,000 jobs while adding $3.3B to 12.4B in new wages.

Quantify a Company's Impact on the Economy

Challenge
The world's largest general merchandise and food retailer needed to educate various stakeholders about the company's impact on the US economy.

Solution
S&P Global developed a series of fact-based model simulations depicting how the US economy would have performed had the retailer not existed.

Results
The model allowed our client to demonstrate that over a 24-year period, expansion of its presence in the US economy resulted in a cumulative 2.9% decrease in consumer prices, which translated into a savings of $980 for every person—and $2,600 per household—during 2008. The client incorporated the study's findings into a national advertising campaign that helped to solidify its value message to stakeholders.

Evaluate the Economic Impact of a Tourism Industry

Challenge
A state tourism department needed to develop a credible estimate of the nature and economic impact of its tourism industry, in order to justify the allocation of promotion and development resources.

Solution
We developed a detailed Tourism Satellite Account to quantify the tourism industry's size as well as the nature of its jobs and the overall direct, indirect and induced economic impacts.

Results
Our study allowed the department to credibly communicate its understanding of the tourism sector both to industry participants and key government funding agencies.

Align Oil Reserve Developer and Local Government Expectations

Challenge
The client (an International Consortia) and local government (new to the E&P industry) shared different ideas regarding an optimum new crude oil reserve development scheme.

Solution
Using advanced economic analysis and a 'Social Accounting Matrix' model, we quantified the economic impact (direct, indirect and induced effects) – leading to a clear understanding of government revenues, jobs creation and impact on GDP for each scheme.

Result
This work enabled the client to demonstrate that the investor-preferred development scheme created the greatest long-term economic benefits to the host country, countering the government's initial assumptions and significantly improving stakeholder alignment.

Research and Analysis

View All

Blog Dec 19, 2024

Global economic outlook: December 2024

Blog Dec 12, 2024

Fishing for CHPIs: Trade flows adapt to sanctions on Russia

Blog Dec 10, 2024

Power plays: Themes for 2025

Blog Nov 25, 2024

Trade flows adapt to sanctions on Russia

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Economic Impact Analysis and Business Strategies

Comprehensive assessment of jobs, economic activity, business strategies & operations that change market environments, policies, or infrastructure investment trends.

Our Advantage

Sample Projects

Case Studies

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