Estimating the Economic Impact of Public Markets

Prepared for Project for Public Spaces by Econsult Corporation and with support from the Ford Foundation, this tool estimates the overall economic impact of a market.

Econsult worked with Project for Public Spaces to analyze data on the expenditures of seven public markets and their vendors in communities across the country. These markets differed in terms of their scale, mix of vendors, and the local economies in which they are situated. The result is a tool that can be used as a basis for estimating the potential indirect and induced expenditures of specific types of public markets.