UACES Facebook Economic Impacts in Arkansas Communities - Arkansas economic impact studies

Economic Impacts in Arkansas Communities

Community & Economic Development can provide Arkansas communities and regions with estimates of the economic and fiscal impacts of a new project, business or economic strategy.Cover of a publication with a picture of a lake with the words Hot Springs Village Arkansas on it

The economic impact estimates the contributions to the local economy that are generated by the new economic activity, including:

  • The number and type of jobs,
  • The additional income,
  • The additional value added, which is a measure of the size of the local economy.   

The fiscal impact estimates the additional revenues and expenses for local units of government that are generated by the new economic activity, including the additional revenue and expenses for:

  • School districts,
  • County governments and
  • City governments.

For more information on how to access these programs and assistance, contact your county extension agent or email us at arcommunities@uaex.edu or call (501) 671-2072.