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New Custom Economic Impact Reporting Updates are Now Available!

Leanne Strickler
Published March 06, 2023

We are excited to announce new improvements and updates to the economic impact reporting tools! You can now create custom economic impact reports that include your own images, graphics, and custom program statements. We also expanded the number of Metropolitan Service Areas (MSAs)  you can choose from in the Economic Analysis “what-if” tools, and all BEA data is now up to date with the latest multipliers.

New On-Demand Custom Report

It’s now easier than ever to create customized economic impact reports! Tell a story about a specific project’s impact using your own images, program statements, and commentary— all on the fly. 

Expanded MSAs

This update expands the number of MSAs that can be pinpointed from 13 to 26!  You can still run economic impact reports for suppliers anywhere in the United States. But, if you want to focus on specific areas like New York and New Jersey, or Los Angeles and Long Beach, now you can. The expanded MSAs are available in the Economic Analysis “what-if” tools.


Updated Model Data

We have also updated the Bureau of Economic Impact BEA RIMS II models. The system now features the latest multipliers, helping ensure the accuracy of your impact estimates. The updated models also provide better insights into the jobs you are supporting and the economic activity your spend is creating.