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Economic Impact Analyses

When a business opens, closes, or expands, elected officials and development agencies face many questions and need answers to make informed decisions, such as: “How many jobs will be created or lost?”; “What will be the effect on  other area businesses?”; and “What will be the overall economic impact on my community?”  Using standard impact analysis techniques, CGS  can estimate the output, earnings, and job creation effects of these events on the local, regional, or state economy. 

Recent examples:

The Impact of the Illinois Community College System on the State and Regional Economy (proprietary)

The Impact of the Proposed Expansion of Woodward, Inc. in Loves Park, Illinois (proprietary)

The impact of the Healthcare Industry in the Springfield (Illinois) Metropolitan Area (proprietary)

The Impact of Critical Access Hospitals on Rural Illinois 

Contact

For additional information about economic impact analyses, please contact:

Brian Richard
815-753-0162
brichard@niu.edu