TREDPLAN-Economy: Helping Economic Development Organizations Plan for Future Change
TREDPLAN-EconomyTM - Gives an analyst a flexible way of examining how regional and state economic development, workforce, energy and infrastructure needs will be affected by future changes in the economy, technology, climate and trade.
What can TREDPLANTM do for Economic Development Organizations?
For workforce training, see how future economic shifts will affect occupational demand and workforce training needs, by location.
For economic development targeting, identify how future scenarios will affect business operating costs, economic markets, business attraction opportunities and retention vulnerabilities.
For energy and infrastructure planning assess economic risks and identify requirements to allow for future changes in demand.
Future Scenarios
Economic Shifts
Global Trade Shifts
Technology Change
Climate Change
TREDPLAN Analysis: Change in truck flows under 2045 Alternate Econonic Futures
Issues that TREDPLAN can help you address:
How will shifting markets and industry concentrations interact to affect future occupation demand and workforce training needs?
How will climate change interact with changing energy sources for power generation, to affect business operating costs and the future competitiveness of your area?
How will autonomous + connected trucks change the future location of warehousing, distribution and delivery activities, affecting jobs, income and occupational demand in your area?
How vulnerable is your area to global economic shifts and tariff policies, and how dependent is it on specific export gateways? How can you reduce that risk to increase business investment?
TREDPLAN Elements
Areas Covered - TREDPLAN scenarios are generated for all counties in the US. Customers specify their area of interest within the US, which may be a state, a county, multi-state region or multi-county region. TREDPLAN is configured to identify competing or peer areas elsewhere within the US, and then assess the effect of future scenarios on the area of interest relative to competing or peer areas.
Scenarios. Use our preset scenarios to 2050, or we can set it up with customer-specified scenarios:
Economic Trend Scenarios:
Economy: recession, slump, severe cycles
Exchange rate shifts - dollar rise or crash
Energy price shifts - oil and electricity prices
Trade Scenarios:
Tariffs and embargoes for commodities, countries
Port closures (temporary and long-term)
Transport fuel and operating costs
Climate Change Scenarios
Changes in heating and cooling degree-days
Incidence of tornados, floods and costs
Sea level rise, air or marine port closures
Technology Change Scenarios
Energy costs, heating and cooling efficiency
Autonomous and Connected truck fleets
E-commerce and supply chain processes
Education and technology adoption
Outcomes. TREDPLAN can graphically and visually portray effects of alternative future scenarios on:
Labor Force:
Growth/contraction by industry
Change in occupational demand, mix
Change in wage rates
Change in workforce training needs
Change in workforce commuting patterns
Business Operating Costs:
Energy cost changes
Labor cost changes
Transport cost changes
Costs per worker, per sq. ft. or per $ output
Competitiveness and Operating Costs:
Domestic and international market growth/decline
Market shares by product, trade partner
Loss vulnerabilities and growth opportunities
Economy:
Growth/decline in GDP, employment, wages by industry, occupation and area
Warehouse Operating Cost Change
Export Policy Impacts
Quickly summarize regional changes associated with alternative future scenarios, using our visual querying platform. See something interesting? Just click to learn more.
A customizable series of reports enables you to focus on broad topics of interest to give structure to your analysis.
TREDPLAN Analysis: Change in truck flows under 
