Escalation and IMPLAN

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    IMPLAN Support
    Hello Lorianne, The Event Year should be set to match the year of the value (2016 Event Year for 2016 dollars; 2020 Event Year for 2020 dollars). Results can then be viewed in the dollar year preferred (2016 for 2016 dollars; 2020 for 2020 dollars). Therefore, If your construction cost is in 2020 dollars, then you should set event year to 2020 and use the costs as reported by the client.  Results can be viewed in any dollar-year terms by changing the “Dollar Year for View.” Regards, IMPLAN Staff
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