Local Economic Value Model
You are looking to demonstrate the benefits of a project on your local economy, or you are attempting to discover the economic impact of different development options.
Our local economic value (le.V) model allows you to assess the range of potential benefits that a development project would have on your community. We use national, regional and local data from primary sources, together with accepted methodologies to assess various economic indicators. The le.V highlights the following:
- Direct full time jobs created (accounting for additionality, leakage, substitution and dead-weight).
- Supply Chain jobs supported.
- Induced jobs.
- Gross Value Added (GVA) to the Local Economy.
- Property Value Change.
- Monte Carlo analysis.
- Local Spending.
- Construction Jobs.
- Net Present Value (GVA).
- Internal Rate of Return (IRR).
A full description of these indicators, the methodology behind the analytics are on our Local Economic Value site
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