NVCOG data team unveils DEF 2060 forecast and an interactive dashboard for towns
NVCOG data scientist Tim Nolan presented DEF 2060, a demographic and economic forecast through 2060 using Monte Carlo simulations and public data sources; an interactive dashboard will be published for municipal use and will inform MTP and funding priorities.
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Tim Nolan, NVCOG's data scientist, described a demographic and economic forecast model called DEF 2060 that projects population, housing stock and labor-force measures for Connecticut's 169 municipalities in five‑year increments through 2060. Nolan said the model uses publicly available data (Census Bureau, IRS, BLS, BEA) with some detailed births/deaths data from the Connecticut Department of Public Health to build Monte Carlo scenarios and confidence intervals.
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