Impact Analysis

An effective tool for demonstrating and quantifying the impact of projects with externalities and/or social impacts. Typically modeled with IMPLAN at state or county levels. Results estimate total impact (direct, indirect, and induced jobs), value added, total output, and potential changes to specific tax revenues. Useful to show how a project or activity benefits—or harms—an entire region.

Impact studies can be used to:

• Quantify the impact of grant-funded programs (e.g., jobs created, revenue generated).
• Demonstrate benefits of specific businesses or projects to support funding for socially beneficial efforts.
• Estimate the importance of an industry or the impact of restrictions/closures.
• Evaluate impacts of specific policy decisions or recommendations.

Strategic Plans

Development of overarching and tailored economic development strategies. We specialize in stakeholder engagement and data-driven synthesis. Examples include the Border Task Force Report, the Santa Teresa Strategic Assessment, and county-level economic base analyses used to inform CEDS planning.

Feasibility Studies

Rigorous evaluations to estimate the feasibility of a project or business—supporting decision making and, where needed, funding applications. We produce vetted studies with justified assumptions and clear methodology.

Cost–Benefit Analysis

Assessment of full costs and benefits, often including social factors, to provide a complete picture of a project’s net value to stakeholders. Analyses can be tailored to client requirements or specific grant criteria.

Customized Research

Bespoke analyses for unique questions. We work extensively with New Mexico sources such as Gross Receipts Tax data, Oil & Gas severance reporting, and state budget data (HB2, CAFRs, General Fund Accruals). We also leverage tools like NREL’s ReEDS model for long-range power-sector planning under varied assumptions.