INTRODUCTION

IMPLAN's U.S. sector scheme is largely based on the Bureau of Economic Analysis' latest Benchmark Input-Output Study. Since the BEA updates their input-output accounts every five years, IMPLAN data sets also undergo important updates as well.

The current Industry Set for the U.S. contains the 528 Industries and their respective Commodities. This U.S. set will be used at IMPLAN for data years 2023 - 2027. All previous Data Years (2001-2022) will require the use of the 546 Industries Set until the release of the updated IMPLAN 528 Industry Set time series data (coming in 2025).

The 528 Industry Set (2023) is the system default in IMPLAN, unless a user has changed their User Preferences. As we recommend using the Data Year that matches the year of the data, you might need to change your default settings in order to access the appropriate Data Year. Annual releases of Data will automatically be available to all users with an active subscription.

SETTING DEFAULTS

By applying a Default Setting to an IMPLAN user account, IMPLAN will automatically apply the selected configuration anytime a user creates a new project.

From the IMPLAN dashboard, click on the User Profile icon in the upper right, and select Preferences from the drop-down menu.

Access Preferences.png

As the IMPLAN Data Year is specific to an Industry Set, users will first need to change the Industry Set before selecting a default Data Year.

Preferences Default Settings Industry Set and Data Year.png

Use the drop-down menu to select the appropriate Industry Set.

The Industry Set indicates the set of IMPLAN Industries to use for an analysis. To use the latest 2023 data, select the 528 Industries and click Save. Note that changing the Industry Set Preference will automatically change all other default settings to be in accordance with the selected Industry Set.

User Preferences Switch from 528 Industry Set.png

Alternatively, a user can select the System Default. Selecting the System Default for each setting will allow IMPLAN to automatically set the options as new data sets become available.

Preferences Default Settings Data Year Drop Down.png

Learn more about changing default settings in the support article User Preferences.

SWITCHING TO 2023 DATA YEAR

The U.S. 528 Industry set will be used at IMPLAN for data years 2023 - 2027. To utilize the 2023 Data Year, the user must either create a new project set to the 528 Industry Set or change the Default Setting under User Preferences.

To change the Default Setting, click on the User Profile icon in the upper right, and select Preferences from the drop-down menu.

Access Preferences.png

Use the Industry Set drop-down menu to select the 528 Industries Set and click Save.

Default Settings Industry Set Switch to 2023.png

By selecting this Industry Set, the Data Year and Occupation Data Year will automatically change to 2023.

Default Settings Data Year and Occupation Data Year.png

CREATING A NEW PROJECT

Alternatively, a user can apply a different Industry Set and Data Year by creating a New Project from the Dashboard or Projects tile.

From the Dashboard, click the Plus Icon to start a new Project.

Dashboard Home Start a New Project.png

From the Projects tile, click New Project in the top right of the screen.

Projects Screen New Project.png

A pop-up window will appear to create a new project. After the 528 Industries Set is selected, name the project, then click Create Project.

Create New Project 528.png

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.

Region Screen Data Year Drop Down 2023.png

 

Written August 30, 2023

Updated December 23, 2024