Good afternoon. I am running a project in implan where I would like to estimate how many construction jobs would be created from renovations that cost X amount of dollars. I am assuming that an industry output analysis is the correct event because it is more straight forward and my main goal is construction jobs generated, not an entire economic impact analysis.
Estimating Construction Jobs
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Hello Brendan!
I think that you are on the right track here, but you can find more information on setting up construction projects in IMPLAN in our support article Construction: Building the Analysis. A couple of notes from that article that may be helpful for you:
- The value entered in Industry Output for construction should be the full cost of the structure, and only the structure. This includes hard costs and soft costs.
- Because Employment, by definition, is based on where the job is located, not where an individual resides, Employment should include the full value full-time, part-time and temporary Employment on the job site during the year.
- In most impact scenarios, the Direct Employment impact is considered to be created the first year of the project, but with construction this is typically not the case. The reason is that construction jobs are usually supported job to job. Thus new construction projects are keeping construction workers employed rather than genuinely creating new jobs in the economy.
- Also remember that IMPLAN construction Industries distinguish between new construction and maintenance & repair construction, so be sure to keep this in mind when selecting the appropriate Industry for your analysis. Construction sector definitions can be found on the 546 Industries, Conversions, Bridges, & Construction page.
Hope this helps!
Michael Nealy
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