An economic impact analysis (EIA) measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new policy or project, or may simply be the presence of a business or organization. Participants will gain a general understanding of an economic impact analysis’ core terms and techniques, why and when it should be performed, and how findings should be explained and criticisms addressed.
What you will take away from this course:
- What is an “economic impact”?
- Why and when an economic impact analysis should be performed?
- What are core terms and techniques?
- Project applications and examples
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Todd Poole is president, founder, and managing principal of 4ward Planning Inc., with more than 20 years of economic development experience, both as a private sector consultant and a public sector practitioner. On a national level, Todd has assisted cities, transit agencies, counties, nonprofit groups, and developers in crafting sustainable land-use strategies founded on key social, environmental, fiscal, and economic trends insights.