Introduction to PI+
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Transcript Introduction to PI+
BEA Local Area Personal Income and Employment county
data (2001-2008), 04/22/2010 release.
Estimates of detailed employment and wage data for the
states of Michigan and Nevada (2001-2008) was provided
by Don Grimes of the University of Michigan.
BEA State Personal Income and Employment state and
national data (1990-2008), 03/25/2010 release.
BLS Employment Projections national data (1993-2008 and
2018), 12/11/2009 release.
RSQE national forecast (2009-2012), 06/16/2010 release.
Long-term forecast of detailed GDP and Labor
Productivity was provided by Don Grimes of the
University of Michigan.
BEA Local Area Population county data (19902008), 04/22/2010 release.
Census Population by age, sex, race, component of
change county data (1990-2008).
BLS Labor Force county data (1990-2008).
CDC birth rate state data (1990-2006).
Census natality rate, survival rate, and net
international migrant national data and forecast
(1999-2100).
BLS Participation Rate national data and forecast
(1990-2050).
Modified 169 level industry list to match the detail
supported by the new BLS input-output table
New Data Suppression Estimation Procedure
New Estimates of Trade Flow Parameters
Starting values for state-level constrained
optimization are now estimated based on the time
series and stepwise regression in addition to
maximum and minimum bounds.
Constrained optimization procedure incorporated
for county-level 23 sector data. Starting values are
the mid-point of the maximum and minimum
bounds, then a RAS procedure is used to hit
column and row targets (industries add up to
county total employment as well as industry totals
for the state).
Wood product
mfg
Previous
Estimate
New
Estimate
Retail trade
Previous
Estimate
New
Estimate
Construction
Previous
Estimate
New
Estimate
Food services
Previous
Estimate
New
Estimate
Barnstable
9%
26%
71%
70%
99%
99%
54%
54%
Berkshire
4%
10%
69%
62%
84%
89%
79%
81%
Bristol
14%
28%
72%
69%
86%
89%
86%
87%
Dukes
0%
0%
64%
59%
96%
98%
36%
36%
Essex
18%
35%
94%
88%
85%
88%
96%
97%
2%
4%
86%
69%
83%
89%
90%
92%
Hampden
10%
23%
81%
75%
86%
89%
92%
93%
Hampshire
4%
9%
78%
66%
84%
90%
78%
80%
Middlesex
33%
53%
96%
92%
79%
80%
97%
98%
Nantucket
0%
8%
59%
58%
92%
94%
27%
27%
Norfolk
21%
37%
89%
82%
64%
65%
92%
93%
Plymouth
12%
26%
91%
84%
83%
86%
93%
94%
Suffolk
40%
63%
96%
90%
91%
93%
70%
70%
Worcester
15%
29%
93%
86%
91%
93%
97%
97%
Franklin
Hospitals
Previous
Estimate
Motor vehicle mfg
New
Estimate
Previous
Estimate
New
Estimate
Chemical mfg
Previous
Estimate
New
Estimate
Barnstable
75%
71%
0%
0%
31%
7%
Berkshire
43%
40%
3%
8%
13%
4%
Bristol
64%
60%
14%
30%
36%
13%
Dukes
54%
47%
0%
0%
0%
0%
Essex
69%
64%
22%
31%
36%
17%
Franklin
70%
58%
0%
0%
10%
2%
Hampden
47%
45%
9%
20%
26%
9%
Hampshire
63%
54%
0%
0%
11%
3%
Middlesex
66%
62%
32%
51%
39%
26%
Nantucket
76%
66%
0%
0%
0%
0%
Norfolk
53%
49%
20%
37%
32%
14%
Plymouth
72%
65%
15%
30%
30%
10%
Suffolk
12%
11%
26%
45%
50%
24%
Worcester
53%
51%
15%
29%
32%
14%
Modified State Government Expenditure Predictions
(available in state models) to be based on the average
per capita state government demand in the last
history year instead of the current year’s state
government spending. This change was implemented
to offset the relatively large response state
government spending has to changes in GDP.
Alternative Model Option for State & Local
Government Spending Response to GDP has been
added to allow users to change the government
spending response to be based on population only,
instead of a combination of population and GDP.
Addition of Natural Disaster Scenario
Integrated and Updated Translator Policy
Variables
New Policy Variables for Farm
New Map/Diagram View of Model for Policy
Variables and Results
Real $ converted from 2000 to 2005
3D Chart option added
Updated DevSight Presentation
Numerous New Result Variables Added
Reduced Memory Requirement
New Reports
The first version of a new reporting feature has
been added that allows users to select and
organize tables and charts into a single PDF
document and allows just-in-time previewing by
the item or as a group.