Payroll vs. Spending vs. Sales

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5 comments

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    AmyPointet
    I am guessing that I may have to do an Industry spending Activity and change some variables. If there an online case study similar to this I could use for guideline? Thank you!
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    IMPLAN Support
    Hello Aymie, IMPLAN sectors represent averages for the region. If you have specific values, we suggest that you use your values. Enter your Industry Sales value and then replace the IMPLAN's estimated values of Employee Compensation, Proprietor Income, and Employment with your known values. An icon will appear stating that you are now using customized event values. If you have specific information regarding your industry's purchases of inputs (expenditures), then consider utilizing the Analysis-By-Parts method (ABP) (links below). With ABP, you can either import a spending pattern similar to your industry's and modify it to better match your known expenditure purchases or create your own spending pattern. A Labor Income Change activity will allow you to capture the Induced impact resulting from your known Employee Compensation. You are correct in thinking that your initial suggestion would create a situation of double counting. The Basics of Analysis-by-Parts http://support.implan.com/index.php?option=com_content&view=article&id=359 Case Study: Analysis-by-Parts http://support.implan.com/index.php?option=com_content&view=article&id=386:386&catid=149:analysis-by-parts Regards, IMPLAN Staff
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    AmyPointet
    Would an industry spending pattern activity work? I do not have all specifics on where spending is going; only sales, compensation, and total other expenses. I am hoping that I could use the industry spending pattern and fill in with the numbers I have. I believe it might be more accurate than the industry change with sales, jobs and compensation I originally was using. Thank you.
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    AmyPointet
    My bad, I understand now that the ABP is an industry spending pattern.
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    IMPLAN Support
    Please let us know if you have any additional questions!

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