My two questions are about both approach and explaining possible differences between V2 (2006 data) and V3 (2008). 1. I want a simple impact estimate from the annual operations of a state enterprise in the 7-county metro area MN. I'm using V3/2008 data. The annual operations are $20.4 million and I used sector 432 as the operations are not just payroll but all other aspects as well. Correct approach? 2. I did a similar estimate 18 months ago when using V2/2006 data. Operations were $19.4 million. Results: V2/2006 data total impacts: Employment - 422, value added - $22.4 million and output - $39.0 million V3/2008 data total impacts: Employment - 206, value-added - $19.5 and output - $41.2 Obviously the dollar values are close, esp. as the V2/2006 impacts are reported in 2007 dollars and the new V3/2008 are in 2009. The big difference is in the employment. Any idea why the significant difference?
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