Michigan Cannabis Market Growth and Size

The Michigan Cannabis Manufacturers Association (MCMA) retained Anderson Economic Group to review the structure of Michigan’s cannabis market and determine the size of the cannabis market by segment, including licit and illicit. Cannabis is one of the nation’s fastest growing cash crops. In Michigan, medical cannabis has been legal for over a dozen years, and […]

Empowering Michigan: 12th Edition of the Economic Impact Report of Michigan’s University Research Corridor

The University Research Corridor (URC) is an alliance of Michigan’s research universities, including the University of Michigan, Michigan State University, and Wayne State University. URC retained Anderson Economic Group to estimate the economic impact that URC universities have on Michigan’s economy. AEG has been conducting this economic benefit analysis for the URC since 2007. Anderson […]

Empowering Michigan: The Economic Impact of Michigan’s University Research Corridor

 

Analysis of Michigan’s Options Under the EPA’s Clean Power Plan

 

Pandemics & Policy Choices

Two recent AEG presentations at national economics conferences highlight the challenges and stakes involved in addressing novel public health issues through public policy. The Social-Economic-Epidemiological Choice: Incorporating Human Response and Avoiding Policy Mistakes was presented at the ASSA Conference, NAFE virtual sessions in January 2021. The paper provides “evidence that decisions made using a sequential […]

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 […]

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

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 identifies large […]

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 […]