Output deflators

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Qiang

• May 04, 2015 02:27

Do the output deflators used to show the impact beyond the base year represent only the inflation adjustment, or do they represent nominal GDP growth? What's the source for output deflators in the model?

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  IMPLAN Support

  • May 04, 2015 17:08

  Hi Qiang! Thank you for your post. The Output Deflator converts the Industry Sales value to the year of the dataset, Output Deflators are specific to each industry, You can see the deflator values in the Setup Activities screen when the Event Year field is displayed (Event Options> Show> Event Year). These are just inflationary costs. The source for the Output Deflators comes from the BLS Employment projections.

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