R | E | A | L

The University of Illinois at Urbana-Champaign

Regional Economics Applications Laboratory

CALENDAR

Calendar

05/08/2020
REAL Seminar Series

Federico Ceballos, PhD student, UIUC, and Menger Tu, PhD student, School of Economics, Shanghai University, China
More Info


Calendar

05/15/2019
16th EU-REAL Workshop

Abstract submission deadline for the 16th EU-REAL Workshop in Pescara, Italy
More Info


Calendar

05/31/2019
8th SHAIO

Abstract submission deadline for the 8th Spanish Input-Output Analysis Conference in Santiago de Compostela, Spain
More Info


Calendar

07/01/2019
65th NARSC

Abstract submission deadline for the 65th Annual North American Meetings of the Regional Science Association International in Pittsburg, PA
More Info




NEWS

News

Claudia Montanía successfully defended her Ph.D. dissertation at University of Extremadura
12/30/2019

News

3rd REAL-China Meeting at Nankai University
02/23/2019

News

Dr. Raquel Langarita received her PhD at the Universidad de Zaragoza
01/03/2019



PUBLICATIONS

Publications

Does proximity to school still matter once access to your preferred school district has already been secured?
Huang, Y. and Dall'Erba S.
REAL 19-T-2

Publications

The U.S. Interstate Trade Will Overcome the Negative Impact of Climate Change on Agricultural Profit
Chen, Z. and Dall'Erba S.
REAL 19-T-1

Publications

Transport infrastructure and the geography of foreign direct investments in Turkey
Ozcan, I.
REAL 18-T-7

Publications

The Impact of High-Speed Railway on Urban Growth: A Multi-Scale Spatiotemporal Approach
Ozcan, I.
REAL 18-T-6

Publications

Economic Crisis and Youth Unemployment in Europe: the Role of Regional Specialization Through a Spatial Quantile Approach
Carrascal, A. and Gutierrez, D.
REAL 18-T-5

Publications

The Impact of High-Speed Railway on Urban Growth: A Multi-Scale Spatiotemporal Approach
Pan, H., Chen, P., Dall'erba, S. and Zhang, Y.
REAL 18-T-4



REPORTS

Reports

Illinois Economic Review - Aug
Released: 09/24/2020

Reports

Illinois Job Index - Aug
Released: 09/24/2020

Reports

MSA Job Report - Aug
Released: 09/24/2020

Reports

Chicago Business Activity Index (CBAI) - Sep
Released: 09/24/2020

Reports

Illinois MSA Indices and Forecasts - Aug
Released: 09/24/2020

Welcome to R|E|A|L

The Regional Economics Applications Laboratory focuses on the development and use of analytical models for urban and regional forecasting and economic development.


REAL-Mexico
REAL-Mexico
16th EU REAL meeting
3rd REAL-China Meeting
Illinois Job Report




REAL Seminar Series - Spring 2020

NEXT SEMINAR: May 8th

When:

Fridays, 3:30-4:30pm


Where:

Via Zoom, join us here https://illinois.zoom.us/j/92744322836?pwd=ZUNzZlVmRm02ZHBreGhXejNkdHZTUT09


More Information and Schedule:

On this page

Federico Ceballos

PhD student, UIUC

"Crop Shifting Dynamics in Colombia’s Coffee Region: Can Discrete-Continuous Choice Models be Improved with Machine Learning?"


Meng'er Tu

PhD student, Shanghai University, China

"The role of dependency in knowledge production: Based on Chinese AI patenting activity"




International Network


EU-REAL REGIOlab REGIOlab




Monitoring the IL Economy



Illinois Economic Review Report - Aug

- The 12-month forecast shows that Illinois is likely to experience an employment increase of 185,300 jobs by July 2021. The greatest increase is likely to occur in Education & health (63,200 more jobs).

- The state of Illinois now has a net loss of 364,500 jobs since the beginning of the recession in December 2007.

See the full report (Released: 09/24/2020)


Illinois Job Report - Aug

Employment Chart IL

- Illinois gain 93,200 jobs in July 2020. The top three job-gain sectors were Leisure & hospitality (65,300 more jobs), Education & health (14,100 more jobs), and Professional & business services (8,400 more jobs). The sectors that lost jobs in July in Illinois were Construction (3,300 less jobs), Information (1,200 less jobs), and Manufacturing (4,600 less jobs).

- In July, Illinois’s official unemployment rate was 11.3% while its shadow unemployment rate was 18.5%. To bring the two rates together, in other words bringing down shadow unemployment rate to 11.3%, another 509,800 jobs need to be created.

- The Nation gain 1,763,000 jobs at a rate of 1.28% in July, compared with a revised 4,791,000-job gain in June 2020. The top three job-gain sectors were Leisure & hospitality (592,000 more jobs), Other Services (149,000 more jobs), and Government (301,000 more jobs).

- The RMW gain 343,000 jobs in July after an 837,500-job gain in June 2020.

- The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for every sector except Construction and Information.

See the full report (Released: 09/24/2020)


MSA Job Report - Aug

- Illinois Rural area gain 18,600 jobs at 2.86% this month, compared to a revised 31,900-job gain in June 2020. At the same time, Metro gain 74,600 jobs at 1.53% in July compared to a revised 110,400-job lost in the previous month. Consequently, the 93,200-job gain in Illinois was mainly driven by positive performances in all areas.

See the full report (Released: 09/24/2020)


The Chicago Business Activity Index (CBAI) - Sep

- The Chicago Business Activity Index (CBAI) decreased to 33.7 in July from 54.9 in June. The decrease is mainly attributed to negative manufacturing, and construction job growth and a decline in retail sales.

See the full report (Released: 09/24/2020)


MSA Business Index and Forecast - Aug

- According to the forecast for June 2021, Bloomington-Normal and Peoria are likely to perform better over this period than Chicago, all the other MSAs will fare less well than Chicago.

See the full report (Released: 09/24/2020)






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