COVID-19 Outbreak: Updated US Auto Industry Analysis 2/20/2020

Key findings of this update The auto industry experts at Anderson Economic Group estimate that the crisis will cause production in China to drop by at least 2 million units in 2020—roughly equivalent to the seven times the production loss during the 2019 UAW-GM strike in the US. The list of strongly affected automakers has […]

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 […]

State Economic Competitiveness Benchmarking Report 2019

Business Leaders for Michigan (BLM) is a nonprofit organization composed of the chairpersons and senior executives of some of Michigan’s largest job providers and universities. BLM is dedicated to making Michigan a “Top Ten” state for jobs and economic growth. BLM retained Anderson Economic Group to provide data and analysis for its annual Benchmarking report. […]

The Economic Impact of First-Time Homebuyer Savings Accounts in Wisconsin

The National Association of REALTORS® (NAR) is a trade association that represents residential and commercial brokers, salespeople, property managers, appraisers, counselors, and others engaged in the real estate industry. NAR retained AEG to estimate the economic impacts of a proposed first-time homebuyer savings account (FHSA) program in Wisconsin. We conducted a literature review on the […]

Economic Scope of Business Leaders for Michigan Companies, 2019

Business Leaders for Michigan (BLM) is a business roundtable comprised of the chairpersons, chief executives, and senior executives from the largest job providers and universities in Michigan. BLM is dedicated to making Michigan a “Top Ten” state for job and economic growth. BLM retained AEG to estimate the economic footprint (or “scope”) of its member […]

Economic and Fiscal Impacts of Solar Energy Projects in Michigan

Ranger Power is a New York City based renewable energy developer. Ranger retained Anderson Economic Group to assess the net economic and fiscal impacts of the construction and operations of three proposed solar projects across Michigan. In order to assess these impacts, we obtained basic project data on each development from Ranger and also conducted […]