Economic analysis and research - Mangum Economics

A Tailored Approach To Each Client

The Mangum Team knows that our clients are unique, and that one size does not fit all. Over nearly two decades we have developed a reputation for working with clients on a one-on-one basis, tailoring our services to each client’s individual requirements and goals.

If your organization needs to:

Demonstrate the economic impact of an existing industry or of a proposed project,
Quantify the tax revenue that a proposed development will generate,
Assess the potential of a project to generate spillover economic benefits through supply chain development,
Develop a strategic plan that will reflect a community’s strengths in terms of its existing workforce and customer/supplier networks,
Identify the real effects of a proposed policy, or
Provide expert witness testimony,

Then let the Mangum Team put its skills and experience to work for you.

Our Services

At Mangum Economics we pride ourselves on having a client-focused approach. Over 22 years we have earned a reputation for working closely with our clients, tailoring our services to their specific needs and circumstances.

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Economic and Fiscal Impact Reports

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Industry Analysis

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Return on Investment Analyses

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Strategic Planning

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Expert Testimony

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Where We've Worked

The Mangum Team serves a national market. By meeting the needs of clients from California to Virginia and North Dakota to Louisiana, we have developed a deep understanding of the economic, tax, and policy structure in over half the states.

Expertise in a wide range of industries

Mangum Economics puts the knowledge, insight, and competence gained from years of hands-on, real-world experience to work for our clients.

Commercial/Economic Development

The Mangum Team has extensive experience in quantifying the economic and fiscal impact of a wide variety of commercial and economic development projects that range in capital investment from the millions to the billions.

Conventional Energy

In addition to conducting economic and fiscal impact analyses for the electrical power, natural gas, nuclear, oil, and pipeline industries, the Mangum Team has also demonstrated how those industries support economic development in other sectors of the economy.

Data Center Development

Working with some of the largest names in the business, the Mangum Team has produced comprehensive and well-regarded analyses of the economic and fiscal impact of data centers in multiple states and localities.

Education

Education is truly society’s investment in the future, and the Mangum Team has a long history of working with public and private educational institutions, policy making boards and councils, and think tanks.

Healthcare

More than most industries, the healthcare industry touches everyone. From quantifying the need for expanded services to addressing workforce issues, the Mangum Team is proud of the work we have done to support this vital industry.

Housing

Today, one of the most pressing issues facing urban and rural communities alike is the need for affordable housing. The Mangum Team has the experience and expertise to provide the answers.

Manufacturing

From quantifying economic impact, to illuminating customer/supplier networks, to identifying potential future workforce bottlenecks, the Mangum Team has a long history of serving the manufacturing sector.

Policy Analysis

The Mangum Team has extensive experience at both the state and federal level in working with various organizations to identify and quantify the economic consequences of proposed legislation, regulations, and other policy initiatives.

Renewable Energy

The Mangum Team has produced analyses of the economic and fiscal impact of over 16 GW of proposed solar, wind, battery, and hydro projects spanning over a dozen states. Among those projects are AES’ 500 MW Spotsylvania Solar Energy Center (the largest solar installation east of the Rocky Mountains) and Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind project.

Tourism and Hospitality

A region's tourism and hospitality industry acts like an export industry expanding the economy by attracting dollars from out of the area. The Mangum Team has often been called upon to quantify what that means at a state and local level in terms of economic activity and tax revenue.

The Impact of Data Centers on Virginia’s State and Local Economies

Virginia is second to none in terms of data center development. Northern Virginia is the largest data center market in the world. And the rest of the state has so much data center capacity, that even without Northern Virginia, the Commonwealth would still rank among the top ten states based on data center capacity.

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About Mangum
Economics

Mangum Economics was founded in 2003. Since then, we have become known as a leader in economic and fiscal impact assessment, industry analysis, strategic planning, and expert witness testimony. The Mangum Team specializes in producing objective, defensible, and actionable economic analysis. We work on a client specific basis, tailoring our services to the unique needs and objectives of each individual client and project.

What Our Clients Say

I have worked with Mangum Economics for many years on a variety of economic development, energy, and information technology projects. I have relied on them for solid, methodical, and unassailable economic impact analyses. Their reports are often critical elements to decision-making processes, whether by developers, project owners, or local and state governments. In every instance, Mangum Economics has produced through, defensible, and well-received analyses. My clients always benefit from their expert work.”

Preston Bryant

Senior Vice President, Infrastructure and Economic Development
McGuireWoods Consulting
Richmond, Virginia

“Over the last ten years, Mangum Economics has provided the Virginia Chamber of Commerce comprehensive, insightful analysis and research. The expertise afforded by Fletcher and his staff has been invaluable to the Chamber’s strategic planning, policy development, and advocacy.”

Keith Martin

Interim President and CEO of the Virginia Chamber of Commerce.
Richmond, Virginia

“Magnum Economics has played a key role in quantifying the impact of Loudoun’s data center cluster. Fletcher, David, and team take a proactive approach to partnerships, making them easy to work with and successful in implementation. Their work product is of the highest quality. Not only are they great at collecting and analyzing data, but they are also outstanding at using that data to tell relevant stories to support our efforts. They are a go-to resource for us, and I have referred them to many others. Bottom line, I can’t recommend them highly enough.”

Buddy Rizer

Executive Director – Loudoun County Economic Development
Loudon County, Virginia

“Mangum Economics has worked with VRLTA on a number of projects and has shown amazing ability to analyze the data in a way that supports our initiatives and advocacy efforts. No one better in the business.”

Eric Terry

Association President, Virginia Restaurant, Lodging, and Travel Association

"The Fredericksburg Regional Alliance (FRA) has contracted with Mangum Economics several times over the past few years and I have been continually impressed with their thorough research and analyses. The data they provided has helped us, and our stakeholders, make impactful decisions for our region. We value their speed, responsiveness, and professionalism and will continue to use their services for future projects."

Curry Roberts

President, Fredericksburg Regional Alliance
Fredericksburg, VA

"The Mangum Economics team has delivered outstanding analysis of the economic impacts of our recent infrastructure projects. Their work is swift, efficient, and provides fair, balanced insights. They translate complex data into clear, trustworthy findings that resonate with stakeholders."

Jay McChesney

State Government & Regulatory Affairs Representative, Williams

"AEP has contracted with Mangum Economics to produce economic and fiscal impact assessments of proposed generation facilities in multiple states. In all cases we have found their work to be accurate, insightful, and timely. They have proven themselves to be a reliable partner in quantifying the value of AEP’s efforts to provide forward-thinking power solutions to the clients and communities we serve."

American Electric Power (AEP)

"Beyond providing clear, concise, and accurate reports, Mangum Economics understands each project's unique priorities and meets our needs to be able to effectively communicate their economic and fiscal benefits to a variety of stakeholders, decisionmakers, and the community. Plus, the team is a delight to work with, helping us problem-solve when we occasionally have unconventional asks!"

Tory Kaso

Director of Community Engagement, RWE Clean Energy

Case Studies & Resources

In 2015, the Northern Virginia Technology Council commissioned Mangum Economics to conduct an analysis of the economic and fiscal contribution that data centers made to Virginia. That report demonstrated that data centers were a high-growth, high-wage industry that had a substantial economic and fiscal impact on Virginia, while imposing little cost on local or state government services. The report was well-received by state decision-makers and has been updated and re-released every two years since.

NVTC

The Hampton Roads Alliance came to Mangum Economics in 2020 for an analysis of the economic impact and potential supply-chain development that would be associated with the Coastal Virginia Offshore Wind (CVOW) project, a proposed 2.6-gigawatt offshore wind project 27 miles off of the coast of Virginia Beach. The analysis was complicated by the fact that CVOW was the first project of its kind in North America. As a result, Mangum Economics drew on Europe’s experience, where development of the offshore wind industry was far more advanced, to assess which supply-chain industries were most likely to come to Virginia. And we are proud to say that those assessments have stood the test of time.

CVOW

In 2018, Chicago had dropped from the U.S.’ second largest data center market to third largest and was being overtaken by many other major U.S. markets. The Illinois Chamber of Commerce Foundation commissioned Mangum Economics to produce a report that would show what could happen if Illinois adopted a more business-friendly stance toward data centers. That report was instrumental in Illinois enacting its first data center incentive package in 2019. Subsequently, data center growth in Chicago went from 1.4 percent in the two years prior to enactment to 19.4 percent in the two years after, with $4.2 billion in new data center investment.

Illinois Data Center Report

Starfire is a 210 MW solar project developed by BrightNight and located on a former surface coal mine in Kentucky. Coal mining was once a key employment sector in Kentucky and the region surrounding Starfire was one of the state’s top coal producers. But, in the period following 2014 regional employment in coal mining fell by two-thirds and unemployment approached eight percent. Mangum Economics’ analysis of the proposed Starfire project showed that, in addition to providing significant construction employment, this innovative repurposing of the site would also generate up to $15.6 million in much needed local tax revenue over the 40-year expected life of the facility.

Starfire

In 2024, Mangum Economics partnered with the College of William and Mary to produce a report on the contribution that exports make to Virginia’s economy. That report was commissioned by the Virginia Chamber of Commerce and the Virginia Economic Development Corporation. Our analysis showed that Virginia’s export growth was significantly outpacing the national average. Moreover, nearly two-thirds of the state’s exports were comprised of services, positioning Virginia as number two among the states in services exports. Overall, the study showed that exports accounted for almost eleven percent of Virginia’s GDP in 2022, supported approximately one out of every ten private sector jobs in the state, and generated approximately $3.4 billion in state and local tax revenue.

Exports

In 2024, The Williams Companies reached out to Mangum Economics for an economic and fiscal contribution analysis of its Southeast Supply Enhancement (SSE) Project facilities in support of the Company’s application for a certificate of public convenience and necessity from the Federal Energy Regulatory Commission. The SSE Project included the expansion of the existing Transco pipeline – the nation’s largest-volume natural gas pipeline system, extending approximately 10,000 miles from south Texas to New York City. It transports about one third of the natural gas consumed in the United States. Our report provided a detailed analysis of the estimated local and statewide impacts of constructing the SSE in eleven counties within five states.

Southeast Supply Enhancement

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