For the Faraday Future project, the Nevada Governor’s Office of Economic Development requested a custom IMPLAN model to show the impact of large scale projects on employment and the economy and to test the IMPLAN results against the Nevada Department of Taxation’s REMI model’s generated results to ensure that the IMPLAN results were reasonable and accurate going forward. The REMI model found an economic output of more than $81.6 billion over 20 years while the IMPLAN regional growth model estimated an economic output of $87.5 billion over that same time frame.
