Economic impact analysis is an effective way of demonstrating the economic contribution an organisation, industry, or investment makes to a region or a country. Our impact studies typically measure four major channels through which organisations add value:
- Direct impacts—the jobs, GDP and fiscal contributions generated by the organisation or industry itself.
- Indirect impacts—jobs and GDP supported by the organisation or sector via purchases from its supply chain.
- Induced impacts—jobs and GDP supported by the spending patterns of those employed directly or indirectly by the organisation or sector.
- Catalytic impacts—longer-term improvements in productivity and performance by companies and industries in other sectors.
Our economic impact capabilities can be combined with forecasting methods to assess how the economic impact of a company or industry will evolve in the coming years.