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Industry Sector Definitions

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alhall
Hello, I am modeling the impacts of a sporting event and am interested in finding out what is included in Industry Sector 491, "organizers of sporting events with facilities". In other words, does this sector encompass all activities involved with event coordination and organizing such as media, administration and construction? I understand that in an Industry Change Activity, some of the input value will be automatically reallocated to Payroll; but would it be more appropriate for me to break down the input value and manually allocate it into the corresponding Industry Sectors for those related activities (e.g. 457 for Advertising, public relations, and related services; 463 for Facilities support services; etc.)? Thank you! Andrew
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    IMPLAN Support
    Hi Andrew. Part of Sector 491's Industry's Spending Pattern is Advertising, public relations and related Services at 6.244% Gross Absorption. You can look at the Intermediate Expenditures that make up sector 491: Explore> Social Accounts> Balance Sheet (Tab), and select View By: Industry Balance Sheet and the Commodity Demand tab. You can then sort by Gross Absorption, by clicking on Gross Absorption to sort from highest to lowest. Construction is included in the spending pattern however this is maintenance and repair, Gross Absorption .229%. New construction will not be included because it is final demand and therefore not part of continual, annual operating expenses. If you have the new construction values, you can model this separately in a new Activity. I realize the Gross Absorption numbers I provided may not match yours, as we are using different regions. However it is just to give you an idea that this type of value exists in the software. Thanks!
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