As the leading provider of economic impact data and analytical applications, we’ve spent decades serving the economic data needs of researchers, policy makers, decision makers, advocates, business leaders, governments, and more. IMPLAN has been redefining the field of economics for over 40 years. Created by academics to serve the needs of the United States Forest Service, it has been transformed today to serve as a solution-provider for anyone interested in understanding their economy.
IMPLAN employs the most thorough economic data available and pairs it with the most advanced economic impact modeling application to deliver the information you’re seeking after just a few clicks. Start your analysis wherever you want—whether choosing a region or describing your economic event. Providing just one data point, like industry sales, employment, employee compensation, or proprietor income, is enough to launch a sophisticated analysis.
IMPLAN saves you time and effort by providing a sophisticated input-output economic modeling application that incorporates over 90 authoritative data sources to support your analysis. So you no longer have to go hunting for economic data from multiple sources. IMPLAN’s application also makes it easy to duplicate, edit, save, and export your work.
User in Accounting
Advanced user of IMPLAN
★★★★★
Awesome product, extremely useful in big and small use cases
What do you like best?
I really enjoy the flexibility within the product allowing me to work through different years within my different scenarios. As an economics arm of an accounting firm, we are constantly reviewing economic impact studies and the IMPLAN analysis allows us to easily navigate between different levels of impact and tax revenues.
What do you dislike?
I would prefer if the product for the previous year had a more accountable timeline. Often we find ourselves in a situation where we try our best to promise delivery dates, but often change due to the uncertainty around the release of the most up to date year. This causes lags in our pipeline often.
Recommendations to others considering the product:
One consideration that I would have is that I would love to be able to more easily export into excel. There are certain feature that I feel would be beneficial to those who are exporting these data points into their own models. It would be a simple feature add to an already all around great product. If you find yourself in a situation where you feel as though you had a competing product that more fluidly did this, I would consider this a definite plus over IMPLAN.
What problems are you solving with the product? What benefits have you realized?
We are solving economic impact studies throughout different states and understand the tax impact within these states, as well with the IMPLAN product. We are easily able to import and export specific key data points into our external models that allows us to pivot into analysis.
Review source: G2.com
