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State GDP is the market value of the goods and services produced by labor and property located within the borders of a particular state. It was formerly referred to as Gross State Product. In IMPLAN, Value Added is a measure of the contribution to GDP made by an individual producer, Industry, or Sector made within that state.
INTRODUCTION: IMPLAN Economists have received a lot of questions over the years. We have compiled a considerable repertoire of best practices and helpful tips from the trenches. This article outlines the most popular extras we want to share with you. FILTERS: When in doubt, FILTER. When exploring Sector/Commodity specific data in the Region Details Behind […]
INTRODUCTION: Dollar Year. Data Year. Song of the Year. Year of the Rat. Wonder Years. There are a lot of years to keep track of. This article will help you understand at least two of them. DOLLAR YEAR: Dollar Year is the year represented by the values in your Event. This is usually (but not always) the same […]
INTRODUCTION: There are a few special considerations for modeling construction impacts. Not only are all projects different, they need to be carefully considered in IMPLAN. Construction Sectors don’t have a perfect NAICS crosswalk as the other Industries do. Instead, there is the file Definitions of IMPLAN’s 546 Construction Sectors found on our 546 Sector Industries, Conversions, […]
INTRODUCTION: Guten Tag! You may not know this, but IMPLAN is working on other projects besides the beloved economic impact software for the US. In fact, IMPLAN economists have been researching European Union (EU) data behind the scenes. Just as IMPLAN was a pioneer in I-O modeling in the US, we are doing the same […]
INTRODUCTION: So you ran your Industry Event impact and you get to the Results screen. Great! But have you ever wondered exactly what each of those boxes in your summary results mean? This is the article for you! There are nuances with each type of Event you run. This article specifically addresses the Industry Output, […]
INTRODUCTION: While payroll taxes are paid in the county of employment, personal income taxes on that same income are paid in the county of residence, and these two places differ for commuters. Additionally, household demand is generated at the location of the household (that is, at the employee’s place of residence). Therefore, a proper measure of […]
INTRODUCTION: IMPLAN estimates an in-commuting rate for all regions – how many people work in the region and go home to another region. This article will show you how to see what IMPLAN estimates as the in-commuting rate and how to adjust it if you have more specific information for your project. The good news […]
INTRODUCTION: So you aren’t ready to move to our new platform app.implan.com? We understand. This article is just for you to ensure that your Pro desktop system keeps running smoothly for you in an ever-changing world of technology. OPERATING SYSTEM: At this point, there is no limit on what Windows Operating System is required […]
Dollar Year is the year represented by the values in your Event. This is usually (but not always) the same as the year in which your event occurred or is expected to occur. On the Impacts screen, Dollar Year should be the year of the data you are inputting. On the Results screen, Dollar Year […]
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