The State Forecast Models allows users to see the impact of economic shocks at the state level. You can create your own scenarios such as:
- Terrorist attacks
- Natural disasters
- Housing bust or boom
- Escalating business costs
- Tax rate increases
Key Features
- Web-based—no software to download or purchase
- No mnemonics to learn—just point and click
- Easily view the equations, residuals and add factors
- Automatic updates for both historic and forecast data
- Chart across scenarios for easy comparison
- Trace through the linkages—which variables affect each other
Customize Your Forecast
Create a customized forecast by adjusting a comprehensive list of economic variables. Make changes to:
- Labor Markets
- Housing Markets
- Income
- Demographics
Link to the U.S. Macro Model
Use the Online State Model in conjunction with the U.S. Macro Model*:
- Import pre-made alternative scenarios from the U.S. Macro Model and observe their impact on the state
- Create user-defined macro scenarios and observe their effect on a state
- Model the statewide impact of a global oil shock
- Model the statewide impact of a lower federal funds rate
* U.S. Macro Model subscription required
State Forecast Model attributes:
- Over 160 variables
- Intuitive interface
- Household balance sheets and credit quality conditions not found in other large-scale models
- Baseline forecast updated monthly
- Re-estimated annually
» View Model Methodology
