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Economic Analysis


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Economic Analysis


Input output - State and National Analysis Program

National Economy

Annual IO tables from the Bureau of Economic Analysis (BEA) for years spanning 1997 through the most recent year can be selected.  As an additional service, we can provide users with detailed sector 2007 U.S. Benchmark Accounts for use within IO-Snap.  Contact us for additional information.

Make (Supply) and Use tables contain a wealth of data in their original formats.  Production functions and output distributions, and final demand activity supplemented by employment and compensation by industry data are easily accessed and extracted for use in other applications.

States

Annual employment, compensation, and other value added data by industry for 50 states and DC provided.

Create Industry by Industry, Industry by Commodity, Commodity by Commodity direct and total requirements tables.  All tables correctly account for Scrap, second-hand, and used goods production

Impacts Assessments

Enter final demand changes and generate output, employment, and income impacts assessments.  Final demand shocks in industry or commodity space can drive the analyses, which can be based on open or closed inverse solutions.

Multi-State Aggregations

Data for two or more states can be aggregated to create multi-state regional data and models.  Default configurations for BEA, Census, and other common regions provided.

Data Editing

Users can modify Use table columns (including final demand distributions) and Make (Supply) table rows.  Consistency checks ensure compatibility between the modified tables.

Sub-State Modeling

Users can load and then modify state-level data to generate IO data and models for custom regions.

Customized regional Models

Beginning early in 2017, we will be providing detailed commodity-by-industry accounts for user-specified county, multi county, state, or multi-state regions.  

Requirements Tables

Create Industry by Industry, Industry by Commodity, and Commodity by Commodity direct and total requirements tables.  All tables correctly account for Scrap, second-hand, and used goods production.

Multiplier Analysis

Compute aggregate and disaggregated output, employment, and income multipliers.

 

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IO-Snap Goal


IO-Snap Goal


IO-Snap Goal

IO-Snap software was developed at West Virginia University to facilitate the use of input-output data from U.S. national supply and use tables.  In the process of assembling the various utilities that support national and state-level input-output analysis and IO for user defined regions, we also have created a user-friendly environment that facilitates inter-state comparisons of regional economic variables such as employment and compensation. 

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