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 - Jun
Released: 07/23/2020

Reports

Illinois Job Index - Jun
Released: 07/23/2020

Reports

MSA Job Report - Jun
Released: 07/23/2020

Reports

Chicago Business Activity Index (CBAI) - Jul
Released: 07/23/2020

Reports

Illinois MSA Indices and Forecasts - Jun
Released: 07/23/2020

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 - Jun

- The 12-month forecast shows that Illinois is likely to experience an employment increase of 181,600 jobs by May 2021. The greatest increase is likely to occur in Education & health (109,400 more jobs).

- The state of Illinois now has a net loss of 597,400 jobs since the beginning of the recession in December 2007.

See the full report (Released: 07/23/2020)


Illinois Job Report - Jun

Employment Chart IL

- Illinois gain 62,200 jobs in May 2020. The top three job-gain sectors were Leisure & hospitality (30,100 more jobs), Construction (11,500 more jobs), and Manufacturing (14,500 more jobs). The sectors that lost jobs in May in Illinois were Government (18,300 less jobs), Information (1,500 less jobs), and Financial activities (300 less jobs).

- In May, Illinois’s official unemployment rate was 15.2% while its shadow unemployment rate was 21.5%. To bring the two rates together, in other words bringing down shadow unemployment rate to 15.2%, another 441,500 jobs need to be created.

- The Nation gain 2,509,000 jobs at a rate of 1.92% in May, compared with a revised 20,687,000-job loss in April 2020. The top three job-gain sectors were Leisure & hospitality (1,239,000 more jobs), Construction (464,000 more jobs), and Other services (272,000 more jobs).

- The RMW gain 553,200 jobs in May after a 3,198,300-job loss in April 2020.

- The 12-month-ahead job recovery forecasts show that the future recovery rates in Illinois will increase for Financial activities, Construction, and Trade, transportation & utilities, all the other sectors are likely to experience a recovery rate decrease.

See the full report (Released: 07/23/2020)


MSA Job Report - Jun

- Illinois Rural area gain 14,800 jobs at 2.44% this month, compared to a revised 134,700-job loss in April 2020. At the same time, Metro gain 47,400 jobs at 1.01% in May, compared to a revised 603,900-job lost in the previous month. Consequently, the 62,200-job gain in Illinois was mainly driven by positive performances in all areas.

See the full report (Released: 07/23/2020)


The Chicago Business Activity Index (CBAI) - Jul

- The Chicago Business Activity Index (CBAI) decreased to 85.1 in May from 91.1 in April. However, with an improvement in expected retail sales, we can observe a positive manufacturing, nonmanufacturing, and construction job growth from the base effect.

See the full report (Released: 07/23/2020)


MSA Business Index and Forecast - Jun

- According to the forecast for April 2021, all the other MSAs are likely to perform better over this period than Chicago.

See the full report (Released: 07/23/2020)






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