Economic and Fiscal Impact Analysis

Measuring impact is more than just jobs and investments — it tells the full story of what a project, industry, program, or development would mean for the community.

Download our Economic Impact Analysis white paper

Download Our Fiscal Impact Analysis White Paper 

At Camoin Associates, we take a holistic approach to impact analysis, incorporating business impact analysis, economic impact analysis, change impact analysis, fiscal impact analysis, and more. 

We work with our client team to clearly define the question and customize a methodology that considers audience, end goals, and best practices. Numbers are not for everyone, so we distill our highly analytical and technical work into something easily digestible for all through infographics and dashboards.

Related Services

Economic and fiscal impact analysis visualized as the ripple effect of a drop of water in a pond

Impact Analysis Services and Expertise

Economic Impact Analysis

Calculates the jobs, earnings, and sales that are generated as a result of a particular project, industry, or event on the host community or region.

Check out our short video on the purpose of impact analysis.

Fiscal Impact Analysis

Measures the new revenue and costs that will be incurred to the municipality from the project. Used to demonstrate the one time and long term impact on municipal resources and can justify financial assistance.

Tax Credit Benefit/Cost Analysis

Considers whether financial assistance is needed to encourage a project to be developed and what the return on that financial assistance investment will be for the affected jurisdictions. Often used by economic development organizations or public benefit corporations when considering offering financial assistance and the impact on public resources.

School-Aged Children Generation Analysis

Calculates the number of children that will live at a new project and the impact on the local school district.

Household Spending Modeling

Determines the typical spending of households based on the local retail offerings and the subsequent impact on the local economy.

Visitor Impact Analysis

Estimates the impact of tourism on the local economy, including the number of visitors, typical spending, and user surveys.

  • An infographic showing the economic and fiscal impacts of the proposed renovations to the Clemens Center on Elmira and Chemung County.

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Looking to measure your impact?

Analyst Angela Hallowell

Contact Angela Hallowell, Economic Data and Research Analyst:
P 518-899-2608, Ext. 102
E angela@camoinassociates.com

Services

  • Strategic Planning

    Strategic Planning
    Strategic Planning

    Strategic Planning

    Whether you’re developing a statewide, regional, or local strategic plan, Camoin Associates works with clients to set a vision and develop strategies that will support ambitious, but achievable, goals.

    + Comprehensive Economic Development Strategies (CEDS)
    + Downtown revitalization plans
    + Economic development strategic plans
    + Evaluation and benchmarking
    + Strategic visioning


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  • Workforce Development and Talent Retention

    Workforce Development and Talent Retention
    Workforce Development and Talent Retention

    Workforce Development and Talent Retention

    Camoin Associates can help you craft actionable workforce development and talent retention solutions to create a resilient labor pipeline, supporting equitable and inclusive economic growth.

    + Labor market analytics
    + Occupation and skills gap analysis
    + Career pathway mapping
    + Workforce pipeline development
    + Talent retention and attraction strategies


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  • Real Estate Development Analytics and Advisory

    Real Estate Development Analytics and Advisory
    Real Estate Development Analytics and Advisory

    Real Estate Development Analytics and Advisory

    We help communities and developers do it all — from uncovering opportunities and developing project concepts to finding funding and navigating all the complexities from start to finish.

    + Housing needs assessments and housing strategies
    + Market analysis
    + Development strategies
    + Brownfield redevelopment
    + Developer advisory services
    + Financial feasibility analysis


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  • Economic and Fiscal Impact Analysis

    Economic and Fiscal Impact Analysis
    Economic and Fiscal Impact Analysis

    Economic and Fiscal Impact Analysis

    To us, measuring the jobs, earnings, sales, and revenue is only the beginning. We take a holistic approach to economic and fiscal impact to tell the full story of what a project, industry, program, or development will do for the community.

    + Economic impact
    + Fiscal impact
    + Tax credit benefit/cost analysis
    + Tax Increment Financing (TIF)
    + District Improvement Financing (DIF)


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  • Prospecting and Business Attraction

    Prospecting and Business Attraction
    Prospecting and Business Attraction

    Prospecting and Business Attraction

    As an established global research and direct marketing company, we have a track record of customizing and implementing high-end, mission-critical research and marketing campaigns that exceed client expectations.

    + Trade show planning
    + Marketing mission planning
    + Virtual and in-person meeting setting
    + Website assessment


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  • Industry Analytics and Strategy

    Industry Analytics and Strategy
    Industry Analytics and Strategy

    Industry Analytics and Strategy

    As leaders in research and data analysis, we use the most advanced and comprehensive economic data and tools to understand the supply chain, industry market trends, and sector needs, and unearth emerging opportunities.

    + Target industry and cluster analysis
    + Supply chain and trade gap analysis
    + Geographic competitiveness analysis
    + Site selection needs analysis


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  • Entrepreneurship and Innovation

    Entrepreneurship and Innovation
    Entrepreneurship and Innovation

    Entrepreneurship and Innovation

    We help clients identify, connect with, understand, and strengthen their entrepreneurial ecosystems. Our mission is simple: to build a more inclusive economy for the future by connecting and inspiring the entrepreneurs of today — and tomorrow.

    + Startup ecosystem assessment and action planning
    + Equitable entrepreneurship strategies: Breaking down barriers
    + Entrepreneurship metrics tracking and evaluation
    + Market research and intelligence
    + Small business outreach and resource centers
    + Policy and code assessment and outreach


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  • Business Retention and Expansion

    Business Retention and Expansion
    Business Retention and Expansion

    Business Retention and Expansion

    Economic development is built on connections, and our custom business engagement solutions help you make those connections — from business retention to business attraction.

    + Business visitation process creation and set up
    + Logistical and technology support
    + Follow up plans and strategy development


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