Products & Services
The Regional Economics Applications Laboratory can be commissioned to complete
a wide range of projects or studies. Our primary focus is on the development
and use of analytical models for use in regional economics.
- Regional Models: These
models allow for forecasting and impact analysis of economic events for
specific geographic areas. REAL maintains models for several regions including
all the Midwestern states.
- Impact Analysis: Studies
that estimate the impacts that various economic activities or events can
have on a region's economy.
- Occupational Toolbox:A software tool designed for educational and other institutions that gives
occupational supply and demand along with other supporting information
for a specific geographic region.
- Chicago Business
Activity Index: The CBAI index estimate the change in Chicago’s economic
activity, in a timely and comprehensive manner. Similar to national
coincidence index, the CBAI is a monthly statistics, measuring local
business cycle status by leading 2-to-3 months ahead, of the six-county
Chicago region. The CBAI index is designed and published monthly
by REAL and replaces the CRAIN's which is withdrawn.
- Special Projects and Studies: See a sampling of some of the special projects and studies that we have
completed over the past few years.
- Collaborations with Other
Research Institute: See collaboration projects (international and
domestic) of REAL with other research institute