An economic impact analysis examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages and/or jobs.
Through initiatives, programs and events, CAR provides numerous occasions for collaboration and exchange essential to the success of our community development.
CAR faculty and staff assist in this planning process, which is a type of planning that is designed to be very inclusive, culture and community-specific, and long term. Typically, these plans range from 25-100 year plans, with high-level goals and a vision that represents the overarching dreams for the community.
Experts conducting these assessment focus on residential attributes that create a neighborhood, focusing on individual well-being factors such as a person's health, economic status, skills and education.
