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The future of socioeconomic forecasting at the Metropolitan Council
Todd Graham, Principal Forecaster, Metropolitan Council
| What | MPC Seminar Series |
|---|---|
| When |
November 10, 2008 12:15 PM
November 10, 2008 01:15 PM
November 10, 2008 from 12:15 pm to 01:15 pm |
| Where | MPC Seminar Room, 50 Willey Hall |
| Contact Email | mpc@umn.edu |
| Contact Phone | 612-624-8806 |
| Add event to calendar |
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Abstract: Many regional planning agencies provide long-range (20-30 years) socioeconomic forecasts for use in planning and growth management. These forecasts present a great deal of information about future development expectations and future regional geography, thereby setting the stage for planning.
Twin Cities Metropolitan Council has begun a renovation of its forecast practices. The Council’s goal is an integrated modeling of land development dynamics and transportation networks, built on valid regional science, and employing state-of-the-art methods. This presentation will cover Metropolitan Council’s experience. Attention to the “inside baseball” of forecasts is timely as the state-of-the-art is currently fast advancing. New, economics-based, integrated, transportation-land-use models have been implemented by a number of metropolitan planning organizations; some of these solutions are within the reach of medium-sized regions like the Twin Cities.
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