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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's mission is to provide timely, high quality analytical economic information for a variety of uses such as public policy decision making by public sector agencies and for strategic marketing in the private sector. REAL's capabilities revolve around comprehensive state and metropolitan models that integrate econometric and input-output analysis to provide for both impact and forecasting analyses.
While REAL's primary focus has been on the economies of the Midwest, REAL has collaborated in the development of models for several regions on the east coast. In addition, two models have been constructed for states in Brazil and a third is under construction. A model for the Jakarta Metropolitan region is also under construction.
REAL draws its staff from cooperating institutions and advanced graduate students in the fields of economics, geography, urban and regional planning, computer science and mathematics. Many of the projects the students work on then become the basis for thesis and dissertations.
services
- Illinois Economic Observatory
- Illinois Economic Review, Illinois Monthly Employment (April is now available).
- Download the CBAI Index
- The Chicago Business Activity Index. (April Index is now available)
- Recent Discussion Papers are now available online
- Abstracts of Discussion Papers, Technical Series.
- REAL in the news
- Recent research featured from REAL members.
- Visit EU REAL - the European Union REAL
- Regional Economics Applications Laboratory modeling and forecasting about the European Union.
- Visit the Regional Science website at the University of Illinois at Urbana-Champaign
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Regional Science at the UI.