Oxford Economics has undertaken a ground-breaking research programme to shed new light on how a new major employer can transform a host community.
Using data on large investments in US counties and socioeconomic outcomes, we have quantified how these investments can influence a community’s well-being. The results tell a compelling story – large employer investments don’t just bring jobs; they inject economic dynamism into the local economy. The benefits are diverse, from increased entrepreneurial activity to better job market participation and improved prosperity for workers. We even found broader social effects, such as shifts to private healthcare insurance and a lower violent crime rate.
In essence, our research demonstrates that new large businesses contribute significantly to the well-being of the communities they enter. These investments foster shared prosperity, enhance social connections, and create lasting positive effects. Furthermore, our findings show that these benefits are not short-lived but continue to grow over time.
Download the report to find out how we approached this research and to gain valuable insights into the long-term impact of large employer investments on local communities.
Fill in the form below.
The experts behind the research
Our Economic Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Lead Economist, Economic Impact
Head of Econometric Methods, Economic Impact
Lead Econometrician, Economic Impact
Read the report
Complete the form below to download the report.
Recent Economic Impact reports
Enabling North American Graphite Growth
This report explores the global graphite market, rationales for trade action on Chinese graphite, and the history of Section 301 tariffs on US imports of graphite anode material from China.Find Out More
Economic impacts of Pitch Perfect: Bumper in Berlin in Germany
This study, commissioned by the Motion Picture Association (MPA), focuses on the show “Pitch Perfect: Bumper in Berlin”, and analyses the production’s total economic impacts in Germany in 2022, when the series was filmed. The study also considers the wider impact on Germany’s economy.Find Out More
Why understanding and investing in your social footprint is good for business
In the last few years issues such as the cost of living crisis, and the Covid-19 pandemic have pushed the nature of the relationship between companies and their employees, communities, and wider political context to the top of boardrooms’ agenda.Find Out More
Understanding business sustainability in the context of environmental thresholds
When business leaders think of the “thresholds” that hold meaningful consequences for their organisations, ones affecting corporate tax or regulatory requirements might be the examples that first come to mind. However, another kind of threshold deserves businesses’ more immediate attention – the environmental thresholds at which abrupt and potentially irreversible changes to the Earth and its systems occurs.Find Out More