Economic Impact Analysis (EIA)

What is an EIA?

An economic impact analysis (EIA) is the examination of the economic impact an organization, program, or project has on the economy of a specified region. It usually measures the cumulative changes in employment, earnings, and output in a given economy.

Recently, more organizations are measuring their program beyond just dollars spent, but also on the economic impact their purchasing dollars have on communities including jobs, taxes, and more.