economics Service

Economic Impact Assessment

Assessing the benefits created by the new residential and commercial schemes, as well as the impact on companies in an area

Economic Impact Assessments can be used to support planning applications by identifying how many jobs a scheme will create, its contribution to economic output or Gross Value Added (GVA), highlight the impact to existing employers and to estimate visitor impacts.

Pegasus Group is able to calculate other benefits associated with development proposals such as population, employment, GVA, skills, commuting patterns, deprivation, house prices, business start-ups and many more. Our analysis is suitable for a number of reports and can provide detailed context to an area or project.