Presentation on theme: "Update Trade Flow parameters Add Map/Diagram View of model to assist in finding policy variables and result items Convert real $ base year from 2000 to."— Presentation transcript:
Update Trade Flow parameters Add Map/Diagram View of model to assist in finding policy variables and result items Convert real $ base year from 2000 to 2005 Add New Report feature (initial version) Expected release date, Spring 2011
Re-estimation of Key Equations Expanded Results Expanded Forecast Update Tools Expected release date, Fall 2011
Re-estimation of Key Equations – Researching new parameters, not sure of implementation Investment (Residential and Non-Residential - last done February 2001) Housing Prices (national elasticities – last done September 2001) Migration (last done July 2002) Participation Rate Elasticities by major age groups – last done in 1996 Recently Done Housing Prices (regional scaling factors added, August 2007) Personal Consumption Expenditures (August 2008) State and Local Government Expenditures (July 2008) Compensation/Wage/Earnings Rates (July 2009) Economic Geography (demand price elasticities, transportation cost elasticities, distance decay parameters (May 2010)
Expanded Results Ability to generate Quick Reports which highlight major differences across regions or scenarios History feature that would make it easier to navigate back and forth (such as a favorites or most recently viewed list) Focus finder (filter) that automatically focuses results on variables most affected (largest changes) Create Report templates based on items of most interest Unit conversion NAICS labels
Expanded Forecast Update Tools Demographic Update National Macroeconomic and Employment Update Integration Pivot Table Option for Employment Update Inputs
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