Institution Spending - State & Local Govt Investme

Hi D Consulting. We have a few questions for you in order to help us give you the best support possible. First, what is the year of your investment? You the analysts determines what the year of the impact event will be. If your impact year is 2014, then you are correct to view the results in 2014 dollars. If the year of your event is different from 2014, then you would want to view your results in that year. Also, if you are not sure whether you set your Event Year first before entering your Event Value, then you may want to zero out the value, enter your year of the impact, and then enter your $1.4 billion value. This step ensures that the model picks up the correct multipliers before applying to the event value. As far as employment, the 21,000 jobs are considered IMPLAN jobs unless you used our employment template to convert them to FTE jobs. IMPLAN jobs basically includes full-time and part-time positions. Finally, if your project will occur over multiple years, then we would suggest that you report the jobs on a jobs per year basis. We have attached the conversion template for your use if needed. Please let us know if we can be of further help to you.

Thanks for your reply. Say for example, that half the investment is supposed to be in 2014 and half is in 2015. How would I show that? When setting up my activity and scenarios I did not see a place to enter an event year. Can you please further explain how to do that or where I would see that option?

For the employment, my question is really are those jobs additional jobs shown are temporary or permanent? So after the $1.4 billion investment is complete, will those additional jobs go away or will they persist into the future? Thank you

Hi D Consulting. If half of your $1.4 billion investment will occur in 2014 and the other half in 2015, then you want to create two events. To do this you can create one Activity and two Events, one for each year as follows. Open up your model and navigate to Setup Activities>New Activity (name your activity)>New Event>Select your sector. Next, click on Event Options>Edit Event Properties>Event Year and select 2014 if not already selected. Enter one half of your $1.4 billion investment in the Industry Sales field. Now you wan to create your second event for 2015 by clicking on Event Options>Edit Event Properties>Event Year and select 2015. Enter the other half of your $1.4 billion investment in the Industry Sales field. You are now ready to model your impact by clicking "Next" in the lower right hand corner of the screen and select "Available Activity(s)"and move over to the "Selected Activity(s)" side of your screen and click "Analyze Single Region." When reporting your results, you might want to report on a per year basis. For example, jobs per year. Please let us know if we can be of further help to you.