Effects of Population Redistribution in the Northeast

Extract

Bangor, Maine's, claim to fame is its statue of Paul Bunyan and my little Company only sells about 2 percent of New England's electricity. Why, then, our interest in population redistribution in the Northeast. Well, it's because we have a capital budget of $180 million for the next decade and for every family of four we expect, but doesn't materialize, we've shot $10,000 of somebody's money. I’d like to tell you how we go about forecasting. In one approach we start with population and build our forecast block by block. In a second approach we start with national projections and back into regional demography almost as a byproduct.