Economic Impact
R.A. Wiedemann & Associates provides clients with the latest in economic impact analyses techniques and studies. Using the international expertise of Dr. Geoffrey J.D. Hewings, this portion of the business examines the direct, indirect, and induced impacts associated with airport development and improvement.
We uses the IMPLAN Input-Output Modeling System to measure specific and comparative economic impacts of airport development projects. IMPLAN not only quantifies the jobs, income, and output of various enterprises, it also assesses the tax impact for local, state, and federal revenues.
Because Dr. Hewings is a Special Sworn Agent of the U.S. Census Bureau, R.A. Wiedemann & Associates has access to the U.S. Census Bureau’s establishment level data for businesses and manufacturing companies.
As a result, we can offer clients real world estimates of economic impact that can be defended/promoted in either positive or negative public forums.
Statewide Economic Impact
Economic Impact Assessment of Delaware Airports
Economic Impact studies performed by R.A Wiedemann & Associates in Delaware have been used to protect general aviation airports and publicize the very large contribution of jobs to the overall economy.
These studies have been received favorably by both the government officials and the general public in Delaware.
New York Statewide Economic Impact Assessment
Economic Impact studies for the state of New York involved the estimation of IMPLAN impacts for 76 airports, including all 18 airline service facilities in the State.
The studies focused on targets that increased economic impacts such as aviation manufacturing, air passenger enplanements, air cargo, and business aviation.