Your project's impact on the economy, estimated with RIMS II.
Starting from the company's projections, we apply the RIMS II multipliers of the Bureau of Economic Analysis (U.S. Department of Commerce) and estimate the effect on the regional economy.
What the study estimates
- Output
- The value of the goods and services the project generates in the region, counting the company, its suppliers and household spending.
- Earnings
- How much the project generates in wages and income, inside the company and along the supply chain.
- Employment
- Direct jobs and the total generated in the region.
- Region and industry
- Multipliers for the county or metropolitan area where the company is located and for the industry it operates in.
Sample · illustrative data
Example Automation LLC · Economic ImpactPage 7
3.2 Impact on the Houston Economy
Applying the RIMS II multipliers for the Houston metropolitan area to the company's Year 5 operations yields the estimates below.6
| Direct | Total | |
|---|---|---|
| Output (USD) | 1,480,000 | 2,710,000 |
| Earnings (USD) | 612,000 | 1,034,000 |
| Employment (jobs) | 12 | 27 |
6 U.S. Bureau of Economic Analysis, RIMS II Type II multipliers.
When the study is used
In immigration cases, the attorney or, in a self-petition, you decide whether the study goes into the petition. These are the most common uses.
- EB-2 NIW
- Alongside the business plan, to show the project's economic reach in numbers.
- L-1A and E-2
- When the case needs to show, in numbers, the company's effect on the local economy.
- Investors, partners and incentives
- To show investors, partners or incentive programs the project's effect on the regional economy.
Request your study
The study explains the method in plain language, with yearly tables of direct and total effects, and sources in footnotes. If you already have a business plan, we start from its projections.
Contact
- +1 (407) 687-1202
- info@nextusplan.com
- Schedule
- cal.com/nextusplan