Quantify and communicate the importance of a key industry in your community
Impact DataSource can research and quantify an important industry in your community to objectively determine the industry’s importance to the local economy and community. We will determine the economic impacts generated by the industry – including economic output, employment, workers’ earnings and local taxable sales. In addition, we will translate these economic impacts into fiscal impacts – additional revenues and costs for local taxing entities. This type of report can help you communicate the importance of the industry to the local economy and the contributions the industry makes to local tax revenue.
Read about a recent study analyzing the hospitality industry in New Braunfels, Texas. The report determined the economic impact of the industry and quantified the financial contribution to the city’s budget.
Case Study: Hospitality Industry Analysis – New Braunfels Economic Development Foundation