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The Regional Model
The DEVPLAN Regional Economic Model accepts
projections of regional employment by SIC category,
base information on population, household and income characteristcs,
housing census data, and
assumptions about intensity of use for retail, office and industrial land.
It then translates these into projections of
population,
households,
personal income,
population distribution by age,
retail sales,
demand for housing (by type, tenure and price range),
demand for retail space,
demand for office space,
demand for land in each of these categories, as well as
industrial demand,
assessable base, and, if desired,
household spending,
municipal income and expense, and
state and federal spending in the region.
Demand for facilities and services in "life support systems" including
health,
education,
transportation,
recreation,
manpower development,
social services, and
housing
can be projected as well.