Project

Chicago Region Socioeconomic Forecast

For the Chicago Metropolitan Agency for Planning, EDR Group (now EBP), as a subcontractor to Louis Berger (now WSP), developed baseline employment forecasts and forecast scenarios incorporating specific workforce development and transportation investment objectives.

The team developed the methodologies, models, and analytical tools needed to apply the forecasts to a wide range of long-range regional planning and travel modeling applications. EBP supported WSP’s development of a population and household growth model that based its projections in part on job creation and the demand for workers from outside Greater Chicago This work relied on numerous occupational and demographic datasets and was updated for additional planning efforts. EBP is currently working with CMAP to update its employment forecasts, a process that will include consideration of historical demographic trends and the long-term effects of the COVID-19 pandemic.