Institutional Imports

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    IMPLAN Support
    Hello, Here are some initial responses. We hope these point you in the right direction, but since the topics you’re inquiring about are fairly broad, we understand you may have follow up questions. Regarding question 1: Institutional imports are imports by government, households, capital investment, etc., all of which are “institutions” in IMPLAN’s terminology. They are supplied by both industry and institutions from outside of the study area. Institutions, by definition, don’t have intermediate spending – all of their spending is either final demand or an import. Intermediate spending is spending by industries on raw materials and services. One example of an institution importing goods/services is that a household (an institution) would order goods online that were produced outside of the study area. Regarding question 2: IMPLAN obtains data on personal consumption expenditures in terms only of what is purchased and for how much money. The source – whether from within one’s area or not, and whether sold by an online retailer or not – is not part of the raw data we obtain. Estimates of household purchases from inside and outside of the study area, and from different types of retailers, are based on our trade model. So, IMPLAN’s data do, in theory, include e-commerce data, but e-commerce data, but only indirectly. Please let us know if you have additional questions. IMPLAN Group Staff
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    doleswar
    Thank you for the response. I am still not clear about the difference between intermediate imports and institutional imports. If I buy a carpet made in Georgia from a local Walmart store, is this categorized as institutional import or intermediate import? or both? You may assume that there are no carpet manufacturing plant in New Mexico where I live. Thanks again.
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    IMPLAN Support
    Good Afternoon, The example of purchasing the rug at a Walmart would be a Final Demand purchase- Institutional Import. This would be regardless of where the rug was manufactured as the rug could have been purchased online; it would still be an Institutional import- Final Demand. You purchased it as a consumer at Walmart and you are not adding additional value to the rug by altering the rug and reselling. However, if you owed a business and needed the rug as a commodity as a means to create the item you are producing; the rug would be part of your business's intermediate expenditures. This is again regardless of where the rug was manufactured; as you need the rug either way. Intermediate Expenditures are commodities needed to make an Industry's production. This can also be though of as a grocery list or spending pattern. Institutional Imports or Final Demand are purchases made by Households or Governments or finished products. Thanks! IMPLAN Staff

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