IMPLAN Quick Start Guide 4: Understanding Impacts in IMPLAN

The Impacts screen is where your economic analysis truly begins. In this Quick Start Guide, we walk you through the critical steps of setting up Events and Groups to model economic changes in your region. Using the Charlotte restaurant example from previous guides, we demonstrate how to input data, configure settings, and run your analysis.

Join the IMPLAN Education Services Team as we explore the various Event Types available, including Industry Output, Employment, and the detailed Industry Impact Analysis. Learn how to correctly specify industries, enter values for output and employment, and use advanced features like Event Tags and Scaling to organize and adjust your project. We also cover how to set the correct Dollar Year and Data Year for your Groups to ensure accurate inflation adjustments.

TIMESTAMPS / CHAPTERS:
0:00 - Introduction & Navigating to Impacts
1:02 - Understanding Events & Groups
1:30 - Overview of Event Types (Industry Output, Employment, etc.)
2:12 - Specifying Industries & Entering Values
2:47 - Example: Modeling a Charlotte Restaurant 4:04 - Using Event Tags for Organization 5:08 - Managing Events (Duplicate, Delete, Templates) 6:15 - Configuring Groups (Dollar Year, Data Year, Region)
7:19 - Dragging & Dropping Events into Groups 7:47 - Using Scaling Factors 8:43 - Running the Analysis (MRIO vs. Single Region)

WHAT YOU'LL LEARN:
-Event Configuration: How to select the right Event Type and Specification for your analysis.
-Data Entry: Best practices for entering Output, Employment, and other values, including using Advanced Fields.
-Project Organization: How to use Event Tags to categorize and filter your analysis.
-Group Settings: The importance of matching your Dollar Year to your input data and selecting the correct Data Year for your region.
-Execution: How to run your project and navigate to the Results screen.

ABOUT IMPLAN: IMPLAN provides the most trusted economic impact analysis software and insights in the U.S. Our platform allows economists, planners, and analysts to quantify the entire economic impact of any project or policy in minutes.

Learn more about IMPLAN: https://implan.com/
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