Mangum Economics

What Mangum Economics does

Mangum Economics is a privately held economic consulting firm headquartered in Glen Allen, Virginia, founded in 2003 by Fletcher Mangum. The firm provides objective, defensible, and quantitative economic and fiscal impact analyses, industry analyses, return on investment assessments, strategic planning, and expert testimony to government entities, trade associations, energy companies, data center developers, healthcare institutions, and educational organizations across the United States and Mexico. Its work spans ten industries including data centers, renewable energy, conventional energy, healthcare, education, manufacturing, housing, tourism, policy analysis, and commercial economic development.

The firm's core technology stack consists of industry-standard quantitative economic analysis methodologies — including economic and fiscal impact modeling, ROI analysis, and strategic planning frameworks — supported by tools such as IMPLAN for impact modeling, and SQL, R, Python, and Stata for data analysis. A notable proprietary component is a customized data center cost model maintained and refined by analyst Wyatt Parson, used to model data center project economics for impact analyses. The firm also maintains substantial accumulated proprietary data from analyzing over 50 GW of renewable energy projects across more than two-thirds of US states and conducting data center impact studies in nearly half of US states plus Mexico.

Mangum Economics operates a project-based, professional services revenue model with no public pricing and no software or productized offerings. Services are delivered through direct, consultative one-on-one engagements, with prospective clients scheduling consultations via the firm's website. Pricing is quote-based and tailored to project scope and complexity, and engagements may range from days to months. The firm acquires clients through relationship-driven sales, thought leadership content (published reports and blog), conference speaking engagements, and referrals driven by the credibility of its cited analyses in policy and regulatory proceedings. Multi-year contracts and recurring engagements (e.g., the NVTC biennial data center report since 2015, the Virginia Chamber relationship spanning 10+ years, and the RWE Clean Energy engagement exceeding 3 years) provide a base of recurring revenue.

Name

Mangum Economics

Legal name

Mangum Economics

Website

https://mangumeconomics.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Mangum Economics is a private Glen Allen, Virginia-based economic consulting firm founded in 2003 that provides quantitative economic, fiscal, and workforce impact analyses, strategic planning, and expert testimony to government, trade associations, energy companies, data center developers, healthcare, and education clients across the US and Mexico.

Ownership category

akta.pro rank

Product category

Economic Consulting

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Economic & Macroeconomic Research (BPAHALAD)

Keywords

• Economic impact analysis
• Fiscal impact assessment
• Industry analysis consulting
• Return on investment analysis
• Strategic planning services

Headquarters

HQ city

Glen Allen

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Professional Economic Consulting Services: Mangum Economics generates revenue by providing professional consulting services including economic and fiscal impact assessments, industry analyses, return on investment analyses, strategic planning, and expert testimony. Services are delivered on a project-by-project basis, tailored to individual client needs. Turnaround times range from days to months depending on project scope and complexity.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Mangum Economics is an economic consulting firm that produces objective, defensible, and actionable economic analysis for clients across multiple industries. Its core services include economic and fiscal impact reports, industry analysis, return on investment analysis, strategic planning, and expert testimony before state utility commissions and other administrative bodies. Engagements are tailored one-on-one to each client's specific requirements and are delivered on a project-by-project basis, with turnaround times ranging from days to months depending on scope.

Product overview

Mangum Economics is a consulting firm offering five core analytical services: Economic and Fiscal Impact Reports, Industry Analysis, Return on Investment Analysis, Strategic Planning, and Expert Testimony. These services are tailored to each client's unique requirements across ten industries including data centers, renewable energy, healthcare, education, manufacturing, and policy analysis. The firm does not offer a software platform or product—they provide bespoke research and analysis engagements delivered as reports and presentations.

Differentiator

Problem solved

Functional benefit

Products and services

• Economic and Fiscal Impact Reports
• Industry Analysis
• Return on Investment Analysis
• Strategic Planning
• Expert Testimony

Quantifiable outcome

• Virginia data center industry (2016): 43,000 jobs, $3.2 billion in labor income, $10.2 billion in economic output
• +8 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• InterGlobixcoreStrategic or Co-development Partner · 31 January 2019Mangum Economics announced a strategic partnership with InterGlobix, LLC at Metro Connect 2019 in Miami. InterGlobix is a global solutions company focused on the convergence of data centers, terrestrial fiber, and subsea fiber. The two firms collaborate on content and report creation in the niche area of economic impact analysis of data centers, subsea cables, and terrestrial fiber networks.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ICF International: Large publicly traded consulting firm with deep energy and infrastructure advisory practices. Overlaps with Mangum in economic impact analysis for utilities, data centers, and renewable energy developers, but operates at substantially greater scale with a much broader service portfolio.
• Oxford Economics: Global economic forecasting and impact analysis firm producing industry contribution studies and economic impact reports for trade associations, governments, and enterprises. A scaled, broader competitor to Mangum's industry analysis and fiscal impact work product.
• NERA Economic Consulting: Specialist economic consulting firm with deep expert testimony and regulatory economics practices. Comparable to Mangum's expert witness work before utility commissions and administrative boards, though NERA operates at a much larger scale and broader geographic footprint.
• The Analysis Group: Large private economic and financial consulting firm with deep expert testimony and impact analysis practices. Comparable in analytical methodology and expert witness positioning, but operates at materially greater scale and broader industry coverage.
• Berkeley Research Group: Specialist consulting firm with strong economic and financial consulting practices serving legal, regulatory, and government clients. Overlaps with Mangum on expert testimony, regulatory economics, and impact analysis engagements.

Emerging players

• Tourism Economics: Specialist tourism and hospitality economic impact consultancy that produces state and regional tourism contribution studies. Directly comparable to Mangum's tourism and hospitality practice (e.g., Virginia Restaurant, Lodging, and Travel Association work) and a known prior employer of Mangum's Senior Research Analyst Brian Kroll.

Others

• McGuireWoods Consulting: Government affairs and strategic consulting subsidiary of law firm McGuireWoods LLP. Listed as a Mangum client rather than a competitor; relevant as an adjacent buyer of economic and fiscal impact analyses for energy, infrastructure, and economic development projects.

Direct peers

• Camoin Associates: Economic development and impact analysis consulting firm of comparable size serving state, regional, and local economic development organizations. Like Mangum, it produces economic and fiscal impact analyses, industry studies, and strategic plans — making it the closest direct peer in scale, service mix, and target buyer.
• TIP Strategies: Economic development and strategic planning consultancy that conducts industry analysis, cluster studies, and economic impact assessments for state and regional clients. Comparable in size and analytical methodology, with a similar mix of government, EDA, and trade association customers.
• Economic Development Research Group (EDR Group): Specialist economic consulting firm focused on transportation, infrastructure, and economic development impact analyses. Comparable in service offering and customer base (state DOTs, MPOs, regional economic development agencies), with strong overlap in fiscal impact and industry cluster methodologies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mangum Economics