R | E | A | L

The University of Illinois at Urbana-Champaign

Regional Economics Applications Laboratory

CALENDAR

Calendar

04/30/2021
REAL Seminar Series

Trina Hamilton, PhD. Associate Professor, Geography. Co-director, Center for Trade, Environment and Development (CTED). State University of New York at Buffalo (UB).
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 - Apr
Released: 05/31/2021

Reports

Illinois Job Index - Apr
Released: 05/31/2021

Reports

MSA Job Report - Apr
Released: 05/31/2021

Reports

Chicago Business Activity Index (CBAI) - June
Released: 06/15/2021

Reports

Illinois MSA Indices and Forecasts - Apr
Released: 05/31/2021



ACE 264 data

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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 2021

NEXT SEMINAR: April 30th

When:

Fridays, 9:00-10:00am


Where:

Via Zoom, join us here

https://illinois.zoom.us/j/89043452822?pwd=N3pWV00xQmkraGhUeWJ6MUk0Z1dNdz09


More Information and Schedule:

On this page

Trina Hamilton

PhD. Associate Professor, Geography. Co-director, Center for Trade, Environment and Development (CTED). State University of New York at Buffalo

"Ethical product havens in the global diamond trade: Using the Wayback Machine to evaluate ethical market outcomes"

Michael Fritsch

PhD. Professor at the Friedrich Schiller University Jena, Germany; Associate Professor at the University of Groningen, The Netherlands

"Is innovation (increasingly) concentrated in large cities? An international comparison"




International Network


EU-REAL REGIOlab REGIOlab




Monitoring the IL Economy



Illinois Economic Review Report - Apr

- The 12-month forecast shows that Illinois is likely to experience an employment increase of 326,900 jobs by March 2022. The greatest increase is likely to occur in Trade, transportation & utilities (110,500 more jobs).

- The state of Illinois now has a net loss of 251,900 jobs since the beginning of the recession in December 2007.

See the full report (Released: 05/31/2021)


Illinois Job Report - Apr

Employment Chart IL

- Illinois gained 32,200 jobs in March 2021. The top three job-gain sectors were Leisure & hospitality (13,700 more jobs), Construction (6,300 more jobs), and Other Services (2,000 more jobs). The top three sectors that lost jobs in March in Illinois were Government (2,600 less jobs), Information (200 less jobs), and Financial activities (700 less jobs).

- In March, Illinois’s official unemployment rate was 7.1% while its shadow unemployment rate was 15.7%. To bring the two rates together, in other words bringing down shadow unemployment rate to 7.1%, another 586,700 jobs need to be created.

- The Nation gained 916,000 jobs at a rate of 0.64% in March, compared with a revised 468,000-job gain in February 2021. The top three job-gain sectors were Leisure & hospitality (280,000 more jobs), Construction (110,000 more jobs), and Other Services (42,000 more jobs).

- The RMW gained 73,400 jobs in March after a 40,500-job gain in February 2021.

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

See the full report (Released: 05/31/2021)


MSA Job Report - Apr

- Illinois Rural area gained 2,800 jobs at 0.38% this month, compared to a revised 7,300-job gain in February 2021. At the same time, Metro gained 29,400 jobs at 0.59% in March compared to a revised 30,000-job gain in the previous month. Consequently, the 32,200-job gain in Illinois was mainly driven by positive performances in all areas.

See the full report (Released: 05/31/2021)


The Chicago Business Activity Index (CBAI) - June

- The Chicago Business Activity Index (CBAI) slightly decreased to 103.4 in April from 103.9 in March. The decrease is mainly attributed to decline in expected retail sales. However, the CBAI still surpasses 100, which indicates that the economy is on a recovery path.

See the full report (Released: 06/15/2021)


MSA Business Index and Forecast - Apr

- According to the forecast for February 2022, Peoria is likely to perform worse over this period than Chicago, all other MSAs will fare better than Chicago.

See the full report (Released: 05/31/2021)






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