Multiplier Changes from Previous Years
Hi. If I model an event in year 2007, using the 2012 model, are the induced and indirect multipliers from 2012 used? Or is the 2012 model able to apply 2007 multipliers? I'm assuming that multipliers change each data year, following changes in the regional economy. If multipliers specific to previous years are not used, is there a way I can retrieve some specific to a sector? Thanks
Hi Jeff. Thank you for your post. In a 2012 model the Induced and Indirect Multipliers would be from 2012 as would any Multiplier that you would view or that the Model uses to calculate. The Event Year fields act to deflate your entered 2007 values to their 2012 equivalents so that the dollar value applied to the Multiplier has the same definition as the dollars used to generate the Multipliers. For historical years these are recorded (rather than estimated) values. You are also correct that the Multipliers do change every year. To obtain Multiplier data for past years, you will need to purchase this information. We do provide discounts on historical data purchases if you are interested. Feel free to call us at 651.439.4421 or email us at email@example.com if you interested in pricing or purchasing historical data. If you have any additional questions, please let us know.
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