EPS evaluates the economic impact of a wide range of public and private sector activities, including land use projects, industry sector output, and government programs and policies. The firm’s economic impact analysis generally focuses on quantifiable variables such as regional employment, value added (i.e. contributions to gross domestic product), property values, regional dollar flow, and industry sales. Our analysis estimates the direct, indirect, and induced effects of a project or policy on these variables.
Economic impact studies are often completed within the context of land use plan review, environmental impact reports, regulatory evaluation and compliance, resource management plans, and general economic assessments. Our economic analysis employs a wide variety of tools, from market analysis and consumer surveys to input-output analysis and economic modeling.
REPRESENTATIVE PROJECTS:- Economic Benefits of the East Bay Regional Park District
- Economic Impact of the University of California System
- Economic Impact of Federal Endangered Species Critical Habitat Designation
- Harbor UCLA Economic Impact Study
- Property Value Impacts from High-Speed Rail Configurations
- Economic Impact of Sonoma County Hospital Relocation