Economic Impact

BW is well-versed in crafting targeted economic development strategies driven by local priorities and characteristics but informed by broader state-level policies and macroeconomic trends. These strategies support existing businesses, attract new entrants, facilitate cluster development, and accelerate innovation.

We equip regional leaders with strategic action plans to strengthen high-value industry ecosystems, attract sustainable investment, and enhance the region’s long-term economic vitality. Our data-driven roadmaps advance a region’s economic competitiveness through the lens of industry clusters, supply chain dynamics, high-quality economic opportunities for residents, and regional resilience.

Our strategies anticipate transition outcomes within state sectors, assessing the potential of different technologies to form export-oriented industry clusters

BW has deep-rooted expertise in data-driven economic modeling and policy analysis at both the state and national levels. Our approach incorporates quantitative methods, economic model development, cost-benefit analyses, and stakeholder-informed insights to estimate impacts across sectors in an economy

BW Research Partnership has completed economic impact analyses and workforce research, strategy, and planning assignments across the country for state, regional, and local government agencies, and for economic development agencies, cities, counties, workforce development boards, educational institutions, non-profits, and companies.

Community engagement and integration of equity have also become hallmarks of BW’s research approach to economic development. Our mixed-methods research ensures the community voice is heard and pivotal in informing strategic plans.

We are leaders in the research world in defining tough-to-define emerging industries while leveraging that information to accelerate the buildout of those industries. Our studies investigate the costs and benefits of innovation and deployment investments in technologies and infrastructure at the city and state levels

BW conducts in-depth industry cluster analysis and develops comprehensive economic profiles for cities and regions, defining their current and emerging competitive strengths. We dive deep into the innovations behind technology development and economic activity, and we have led industry-cluster-specific research in energy, advanced manufacturing, biotechnology, defense and aerospace, healthcare, and other sectors.

We have provided numerous regional competitiveness studies for a variety of energy sectors, resulting in measurable investment attraction, project development, and workforce expansion.