Low job impacts for construction sectors in MO
Hey IMPLAN,
Awhile ago I purchased 2012 IMPLAN data for several states. I am interested in construction impacts across those states. However, the direct jobs for MO appear to be quite low (roughly one-half) compared to other states and compared to historical models. For Missouri, I am getting the following direct jobs per million dollars in output for the following sectors: #34=4.0 direct jobs, #36=3.9 direct jobs, #38=3.0 direct jobs, and #40=0.8 direct jobs. Again, these are quite low compared to other states, including high wages states such as CA and NY. In addition, the value added for these construction sectors (on a per million dollar output basis) is extraordinarily high. I am showing direct value added ranging from $800,000 to almost $900,000 per million dollars in output. Can you please investigate the data?
Thank you, Alec
Was this post helpful?
-
IMPLAN SupportHi Alec, For most sectors, including construction, we only have Output data at the U.S. level. We distribute these U.S. Output values to the states based on each state’s Employment and Total Value-Added (TVA, which consists of EC, PI, OPI, and TOPI), both of which are available at the state level: State Output = (US IE per Employment)*(State Employment) + State TVA What this tells us is that MO has high output per worker, stemming from its high TVA relative to its Employment for these sectors, which itself stems from MO’s high OPI per Worker relative to the U.S. and NY and CA’s low OPI per Worker relative to the U.S. (you can see these ratios compared to the U.S. ratio in the Customize > Study Area Data screen. Our raw OPI data are a year lagged so we project it to the data year based on Employee Compensation. You can certainly edit this OPI per Worker to be the same as the U.S. rate. Please let us know if you have additional questions. IMPLAN Group Staff0
Please sign in to leave a comment.
Comments
1 comment