Nevada Economic Diversification: Planning for Nevada’s Economic Future in the Wake of COVID-19

Nevada’s economy has been dominated by a handful of industry clusters that include hospitality and tourism, construction, and mining. These clusters are highly sensitive to boom and bust cycles that make the Nevada economy vulnerable to severe downturns–even when the national economy experiences only minor slowdowns. In recognition of the need to diversify, the Clark […]

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 […]

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 […]

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 […]

Reforming MPSERS: The impact of issuing pension obligation bonds and extending debt payments

Governor Gretchen Whitmer and leaders of the GOP-led Michigan House and Senate have recently considered proposals to postpone making required principal and interest payments on the unfunded accrued actuarial liability (UAAL) of the Michigan Public School Employee Retirement System (MPSERS). For all variations of this idea, the immediate results of such actions would be the […]

The Economic Benefits of the Grand River Waterway