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Insights

Plain answers about a technical thing.

Economic impact and feasibility analysis is easy to hide behind jargon. These are the guides we wish existed: what a study measures, what it costs, how to tell if one is honest, and how to put it to work. Open, and no email wall.

The economic impact of a project

What a study measures for a specific kind of project, and where each type tends to overstate.

Reading the tools

What RIMS II multipliers can and cannot tell you

What a RIMS II multiplier measures, what it can benchmark, and the limits of geography, year, and aggregation.

By project type

The economic impact of a new hotel or resort

Why visitor spending and leakage decide the real number, and what inflates a tourism study.

By project type

The economic impact of a housing development

It generates activity but often costs a government more to serve than it returns.

By project type

The economic impact of a hospital

A region's largest anchor, and why contribution and new activity must be kept separate.

By project type

The economic impact of a manufacturing plant

Why manufacturing produces a durable impact, and what determines whether the effect is real.

By project type

The economic impact of a data center

Huge investment, few permanent jobs, and a tax deal that decides it. What an honest study weighs.

By project type

The economic impact of a casino or gaming enterprise

How gaming anchors a rural or tribal economy, and the substitution question that decides the real number.

By project type

The economic impact of a retail or grocery store

Where displacement matters most, and why net impact is far smaller than sales.

By project type

The economic impact of a restaurant

Real jobs, but most spending is moved from other local businesses. What an honest study measures.

By project type

The economic impact of a brewery, winery, or distillery

Production, agriculture, and tourism at once, which makes the studies easy to inflate.

By project type

The economic impact of a food processing plant

Steady jobs and a longer local supply chain in farm country. What an honest study measures.

By project type

The economic impact of a distribution or warehouse

Jobs and investment against truck traffic and a tax deal. What an honest study weighs on both sides.

By project type

The economic impact of a ranch or farm operation

Agriculture anchors rural counties. Where the local dollars go, and the water question a study must face.

By project type

The economic impact of a sawmill or forestry project

Wood products anchor many rural economies. Where the local dollars really are, and what a study should show.

By project type

The economic impact of a mine or quarry

High wages and a big headline against a finite life and reclamation. What an honest study weighs.

By project type

The economic impact of a solar or wind farm

Construction, land payments, and tax revenue, with few permanent jobs. What an honest study weighs.

By project type

The economic impact of an EV or battery plant

Big investment and jobs against a big incentive and resource ask. What an honest study weighs.

By project type

The economic impact of a broadband or fiber project

Its real value is the activity it enables, not the construction. How to measure a fiber project honestly.

By project type

The economic impact of a ski or mountain resort

Tourism and second-home money against housing and service strain. What an honest study weighs.

By project type

The economic impact of an RV park or campground

Visitor spending with a light footprint. What an honest tourism study measures, and where it inflates.

By project type

The economic impact of an airport

Its value is the activity it enables, not the jobs on the field. What an honest aviation study measures.

By project type

The economic impact of a college or university

A steady anchor of jobs and student spending. What an honest study measures, and where it inflates.

By project type

The economic impact of a prison or correctional facility

Steady public jobs against real trade-offs. What an honest correctional-facility study weighs.

Deciding before you commit

Feasibility, viability, and market questions to settle before you build, open, or buy.

Choosing a site

How to compare candidate sites for a project

When a project could go in more than one place, the comparison quietly decides the winner. How to score every site on the same terms.

The basics

What is a feasibility study, and when do you need one?

What it examines, what it answers, and the moments to commission one before you commit.

Before you commit

What a market study tells you

Whether the demand is really there before you build. What it measures, and what it cannot promise.

Before you commit

What it means for a project to pencil

The phrase everyone uses and few define. What it actually tests, and how to know before you build.

For rural borrowers

Feasibility studies for USDA business loans

What lenders require, and what makes a study hold up under a credit committee's review.

What lenders check

The number the bank is really checking

Debt service coverage, the ratio a lender checks first, and how to know yours before you apply.

Before you commit

Should you open the business?

Before the lease and the loan, what a feasibility study answers about whether the idea can carry itself.

Before you commit

Should you expand your business?

Growth feels like progress until the numbers do not carry the debt. What a feasibility read tests first.

Before you commit

Should you buy the building?

A property is a bet on the income it can produce. How to test the purchase before you close.

Before you commit

What is a highest and best use analysis?

What a property should actually be used for, before you build or buy. What the analysis tests.

Protecting the money

How a rigorous evaluation protects your budget and financing

A good study is financial self-defense: it stops budget creep and keeps you from a loan you cannot carry.

Reading and checking a study

How to read a study you were handed, and how we red-team our own before anyone else does.

Methods, costs, and commissioning

What the numbers mean, what a study costs, and how to commission one.