Changes in underlying economic assumptions - NY

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    IMPLAN Forum
    Hello, Could you provide us your model to implangroup@implan.com? Or export the Activity you are using and provide that with the data year and regions you are using. Are you using IMPLAN's deflators, or are you inflating them to 2015 and then entering your values into IMPLAN? Are you seeing these variances within your model only, or when making the comparison from the 2012 model to the 2013 model? Best regards, IMPLAN Group Staff
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    Jamie Dang
    I'm attaching an excel file with our activity inputs on one tab and the IMPLAN outputs on the second tab. The geography in New York state and the data year is 2013. We inflated the values to $2015 and then inputted them into IMPLAN. We are seeing the discrepancy between the model we are running now ($2015, data year 2013) and the model we ran in 2013 ($2013, data year 2011 or 2012 - not sure which). Thanks.
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    IMPLAN Forum
    Hello, We are still working on your question. Thank you for your patience. Best regards, IMPLAN Group Staff
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    IMPLAN Forum
    Hello, In order for us to answer your question, we need to know exactly what is being compared. Can you confirm what data region and model year you are comparing your 2013 NY St model to? Sectors 400 and 405 in your Activity input into the model appear to be set to Gross Retail Margin(GRM). Based on your spreadsheet, the total visitor spending on retail sectors should be set to Gross Retail Sales(GRS) because Gross Retail Sales is equal to Purchaser Prices. This will separate the Margin from the inputs and only spend that portion of the total sales through the economy causing your Event inputs to be greater than your Direct Output. When using Gross Retail Margin, you are saying that you want to model only the operations of that sector. In this setting, IMPLAN will spend all the inputs through the economy and cause Sum of Events to match your Direct Output. - IMPLAN Staff
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