The Metropolitan Council puts forth regional forecasts that consider the Twin Cities’ situation within the overall national economy and in order to assess their findings, it is important to understand the operative methodology behind the analysis. The Council selected REMI Policy Insight (PI) in 2011 as the most appropriate model for the Council’s understanding of regional growth. REMI PI combined with Citilabs’ Cube Land real estate model stand together as the main structure for the Metropolitan Council’s methodology.
Metropolitan Council – Metropolitan Council’s Forecasts Methodology [full PDF]