INTRODUCTION

IMPLAN releases U.S. data annually. U.S. data is available at the zip code, congressional district, county, metropolitan statistical area, state, and national level. Users will automatically have access to the latest U.S. Annual Data Year with a current subscription. Explore our range of package and pricing options at implan.com

HOW TO ACCESS U.S. DATA

First, you will need to access your IMPLAN account and go to the project tab. From the project tile, click New Project in the top right of the screen.

A popup window will appear to create a new project. The Industry Set should be set to the 546 Industries. This Industry Set is specifically for the U.S. Regions and U.S. Territory data. 

After the correct Industry Set is selected, enter a project name then click Create Project.

After creating the Project, the Regions screen will appear in the Map View of the U.S. Select a Region by clicking on the map, using the Search Bar, or from the List View. 

U.S. INDUSTRY LIST

The Bureau of Economic Analysis’ (BEA) Benchmark I-O Tables are the primary source for IMPLAN’s U.S. Industry Set. The BEA I-O tables are released every 5 years and provide detailed statistics on economic processes and relationships and essential information for other economic accounts. However, IMPLAN has developed techniques to maintain a larger list of Industries than currently available from BEA data.

When the BEA releases a new benchmark, IMPLAN follows suit and introduces those new underlying sets of industry production functions. The following table shows the U.S. Industry Sets for the past 25 years. 

 

IMPLAN Database Years Number of IMPLAN Industries BEA Benchmarks
1996-2000 528 1987 & 1992

2001-2004

2006

509 1997
2007-2012 440 2002
2013-2017 536 2007 with parts of 2002 and 1997
2018+ 546 2012 with parts of 2007, 2002, & 1997

The current Industry Set for the U.S. contains the 546 Industries and their respective Commodities. The Industries can be grouped into the following categories:

  • 1-19 are Agriculture
  • 20-38 are Mining, Minerals, and Oil
  • 39-49 are Utilities
  • 50-62 are Construction
  • 63-391 are Manufacturing
  • 392-413 are Wholesale and Retail
  • 414-421 Transport Related
  • 422-525 Services
  • 526-534 Government Enterprises
  • 535-538 are Commodity-Only Sectors
  • 539-546 captures payroll and employment for different types of government

Industries 1-534 are all private industries and government enterprises that have been aggregated by similarity in input purchasing patterns.

DATA SOURCES

Each year a variety of data sources are compiled to create the IMPLAN datasets. Most of IMPLAN's Industries are based on definitions put forth by the Bureau of Economic Analysis (BEA). Our data is derived from numerous sources, primarily federal agencies who conduct annual data collection and estimates, such as:

  • U.S. Bureau of Labor Statistics (BLS) including CEW and Consumer Expenditure Survey
  • U.S. Bureau of Economic Analysis (BEA) including REA data, Benchmark I/O accounts, and Output estimates
  • U.S. Census Bureau County Business Programs (CBP) and Decennial Census and Population Surveys
  • U.S. Department of Agriculture Census
  • And many more!

ADDITIONAL INFORMATION

IMPLAN U.S. data is updated annually, but the 'current' year lags behind the current calendar year. IMPLAN typically releases U.S. Annual Data in December the following year after the calendar year is complete. For example, the U.S. 2019 Data Year was released in December 2020. However, the data is a snapshot of the economy for the base year of the data set, the year for which the data was reported. Thus a 2019 Data Year of Orleans Parish will show the economy of 2019 (pre-pandemic) and a 2021 Data Year of Orleans Parish will show the economy of 2021 (post-pandemic). 

Data sources used to calculate the IMPLAN Data do not become available until early June of the following year. Once the data sources become available, our Ph.D. economists and data developers begin compiling and converting this information into our unique IMPLAN data products. IMPLAN data come from various sources, in a variety of Industry schemes, sometimes with differing definition frameworks, and most with non-disclosures. IMPLAN constructs a complete database and adds value to the available data by:

  1. Creating new datasets each year
  2. Providing estimates for non-disclosed data
  3. Providing estimates for non-Census years
  4. Providing estimates at finer geographic and sectoral scales
  5. Providing inter-county trade flow data, which allows for Multi-Regional I/O analysis
  6. Reconciliation of multiple data sources
  7. Compiling the data together in a consistent format

To investigate further into IMPLAN’s U.S. data sources and methodology please follow this link.

RELATED ARTICLES

Data Sources & Estimation Methods

Written August 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Was this article helpful?
0 out of 1 found this helpful