Akron Housing Affordability Study

The Akron Cleveland Association of REALTORS® retained Anderson Economic Group to conduct a study of housing affordability in Akron. To frame housing affordability trends in Akron, we identified trends in housing affordability across the United States and found that housing affordability nationwide has improved since the Great Recession, but a large proportion of low-income and […]

Red Cedar Project: Economic and Fiscal Impacts

Continental/Ferguson Lansing, LLC commissioned Anderson Economic Group to update our 2018 economic impact analysis of a proposed development located at the former Red Cedar Golf Course in Lansing, Michigan. We completed our study in the fall of 2018 using information pertaining to the development plan at that time. The Lansing City Council used our report […]

COVID-19 Progression and Effects of Business Closures on Michigan’s Workers

UPDATED 4/22 Anderson Economic Group was retained to develop a comprehensive report detailing the best information available on both the course of the COVID-19 epidemic and its effects on the Michigan economy. The resulting memorandum provides a summary of COVID-19’s progression, considers the impact of the virus and stay at home orders on Michigan’s economy, and […]

Economic and Fiscal Impact of First-Time Homebuyer Savings Accounts in Ohio

The Ohio Association of REALTORS (OAR) commissioned AEG to estimate the potential impact of a proposed first-time homebuyer savings account (FHSA) program in Ohio that would allow residents to deposit and withdraw funds from a tax-sheltered savings account as long as those funds are used to purchase a home. To determine the economic impact of […]

Factors Influencing State Road Project Prioritization in Michigan (Phase I)

Business Leaders for Michigan retained Anderson Economic Group to analyze Michigan’s state road funding project prioritization practices and determine the extent to which the state considers economic impacts in determining which road projects to fund. We collected information from the Michigan Department of Transportation, Michigan House Fiscal Agency, and Michigan Senate Fiscal Agency to identify […]

Economic Impact Report Released for Illinois’ Fermilab

Anderson Economic Group was retained by Fermilab  to study the economic and fiscal impact on Illinois. This report demonstrates a significant impact on the particle physics and accelerator laboratory’s home state of Illinois. The findings, based on FY 2018 data, show an economic impact on the state totaling $452 million. The lab’s activities also created […]

Entrepreneurial Ecosystem Mapping, Needs Assessment, and Incentives Inventory

The City of Trenton, New Jersey received an Innovation Planning Challenge Grant from the New Jersey Economic Development Authority in late 2018 to plan for Trenton Production and Knowledge Innovation Campus (TPKIC). The City retained AEG to conduct a study of the entrepreneurial ecosystem in Trenton and to identify the needs of local entrepreneurs. The […]

2018 Tourism-Related Benefits in the Washtenaw County Economy

Destination Ann Arbor (formerly the Washtenaw County Convention and Visitors Bureau/WCCVB or Ann Arbor Area Convention and Visitors Bureau/AAACVB) is a nonprofit organization tasked with enhancing the economy of Washtenaw County communities by promoting the area as a tourist destination. As part of this effort, Destination Ann Arbor commissioned Anderson Economic Group (AEG) to update its economic impact study […]

2018 Tourism-Related Benefits in the Greater Lansing Economy

The Greater Lansing Convention and Visitors Bureau (GLCVB) is responsible for marketing the region as a travel destination in order to positively impact the area’s economy. The GLCVB retained Anderson Economic Group to analyze the region’s tourism sector and to determine the economic benefits that tourism brings to the area for 2018. AEG previously conducted […]

Economic Impact of Beer Tourism in Kent County, Michigan

Grand Rapids, Michigan is home to nearly 40 popular breweries. The first and most well-known is Founders Brewing Company, which was established in 1997. Over the next decade and a half, a number of breweries opened, and the city was voted Beer City USA in 2012 and 2013. In 2016 and 2017, USA Today readers […]