development plans for 2011

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Development Plans for 2011. TranSight v3.2. Update Trade Flow parameters Add Map/Diagram View of model to assist in finding policy variables and result items Convert real $ base year from 2000 to 2005 Add New Report feature (initial version) Expected release date, Spring 2011. - PowerPoint PPT Presentation

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Page 1: Development  Plans for 2011

Development Plans for 2011

Page 2: Development  Plans for 2011

TranSight v3.2 Update Trade Flow parameters

Add Map/Diagram View of model to assist in finding policy variables and result items

Convert real $ base year from 2000 to 2005

Add New Report feature (initial version)

Expected release date, Spring 2011

Page 3: Development  Plans for 2011

PI+ v1.3 Re-estimation of Key Equations

Expanded Results

Expanded Forecast Update Tools

Expected release date, Fall 2011

Page 4: Development  Plans for 2011

PI+ v1.3 Re-estimation of Key Equations – Researching new

parameters, not sure of implementation Investment (Residential and Non-Residential - last done February

2001) Housing Prices (national elasticities – last done September 2001) Migration (last done July 2002) Participation Rate Elasticities by major age groups – last done in

1996

Recently Done Housing Prices (regional scaling factors added, August 2007) Personal Consumption Expenditures (August 2008) State and Local Government Expenditures (July 2008) Compensation/Wage/Earnings Rates (July 2009) Economic Geography (demand price elasticities, transportation cost

elasticities, distance decay parameters (May 2010)

Page 5: Development  Plans for 2011

PI+ v1.3 Expanded Results

Ability to generate “Quick Reports” which highlight major differences across regions or scenarios

History feature that would make it easier to navigate back and forth (such as a favorites or most recently viewed list)

Focus finder (filter) that automatically focuses results on variables most affected (largest changes)

Create Report templates based on items of most interest

Unit conversion NAICS labels

Page 6: Development  Plans for 2011

PI+ v1.3 Expanded Forecast Update Tools

Demographic Update National Macroeconomic and Employment

Update Integration Pivot Table Option for Employment Update

Inputs