R | E | A | L

The University of Illinois at Urbana-Champaign

Regional Economics Applications Laboratory

CALENDAR

Calendar

02/05/2021
REAL Seminar Series

Christa D. Court, PhD. Assistant Professor, Food and Resource Economics, University of Florida, USA
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 - Jan
Released: 02/25/2021

Reports

Illinois Job Index - Jan
Released: 02/25/2021

Reports

MSA Job Report - Jan
Released: 02/25/2021

Reports

Chicago Business Activity Index (CBAI) - Feb
Released: 02/15/2021

Reports

Illinois MSA Indices and Forecasts - Jan
Released: 02/25/2021



ACE 264 data

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euc.txt

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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: February 5th

When:

Fridays, 12:00-1:00pm


Where:

Via Zoom, join us here

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


More Information and Schedule:

On this page

Christa D. Court

PhD. Assistant Professor, University of Florida

"Estimating the Impacts of Natural Disasters on Production Agriculture"




International Network


EU-REAL REGIOlab REGIOlab




Monitoring the IL Economy



Illinois Economic Review Report - Jan

- The 12-month forecast shows that Illinois is likely to experience an employment increase of 283,700 jobs by December 2021. The greatest increase is likely to occur in Trade, transportation & utilities (90,800 more jobs).

- The state of Illinois now has a net loss of 288,000 jobs since the beginning of the recession in December 2007.

See the full report (Released: 02/25/2021)


Illinois Job Report - Jan

Employment Chart IL

- Illinois lost 2,500 jobs in December 2020. The top three job-gain sectors were Construction (8,300 more jobs), Professional & business services (13,000 more jobs), and Trade, transportation & utilities (10,100 more jobs). The top three sectors that lost jobs in December in Illinois were Leisure & hospitality (40,900 less jobs), Information (1,300 less jobs), and Other services (800 less jobs).

- In December, Illinois’s official unemployment rate was 7.6% while its shadow unemployment rate was 15.9%. To bring the two rates together, in other words bringing down shadow unemployment rate to 7.6%, another 606,900 jobs need to be created.

- The Nation lost 140,000 jobs at a rate of 0.10% in December, compared with a revised 336,000-job gain in November 2020. The top three job-gain sectors were Professional & business services (161,000 more jobs), Trade, transportation & utilities (191,000 more jobs), and Construction (51,000 more jobs).

- The RMW lost 26,000 jobs in December after a 38,100-job gain in November 2020.

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

See the full report (Released: 02/25/2021)


MSA Job Report - Jan

- Illinois Rural area gained 14,900 jobs at 2.09% this month, compared to a revised 11,000-job gain in November 2020. At the same time, Metro lost 17,400 jobs at 0.35% in December compared to a revised 27,200-job loss in the previous month. Consequently, the 2,500-job loss in Illinois was mainly driven by mixed performances in all areas.

See the full report (Released: 02/25/2021)


The Chicago Business Activity Index (CBAI) - Feb

- The Chicago Business Activity Index (CBAI) increased to 120.8 in December from 76.5 in November. The increase is mainly attributed to positive manufacturing and construction job growth, and an improvement in expected retail sales.

See the full report (Released: 02/15/2021)


MSA Business Index and Forecast - Jan

- According to the forecast for November 2021, all MSAs are likely to perform better over this period than Chicago, however Kankakee will fare less well than Chicago.

See the full report (Released: 02/25/2021)






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