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Archive for category: Research

Inflation Adjustments Available in UW Profiles

In UW Profiles, under the Research category, run analysis on both inflation and non-inflation adjusted expenditure data.

UW Profiles Examples:

Using UW Profiles, you can click on the “Research Dashboards” tab (on the right) and see the dashboards.

  1. Overview of Research Total Expenditures
  2. Summary of Research Total Expenditures by Funding Entities

What does this mean?

Inflation means the price for goods and services are going up. “Inflation adjusted” is sometimes referred to as “real expenses.” “Non-inflation adjusted” is sometimes referred to as “nominal expenses.” So when you see “inflation adjusted” or “non-inflation adjusted” you know that either inflation has or has not been applied to the data.

The way inflation is applied to the data is by including Consumer Price Index (CPI) data. The CPI measures the change in prices of a predetermined “market basket” of goods and services over time.

Why is this important?

By looking at data over time that includes inflation, you are able to compare with accuracy. By not including inflation adjustments, the data skews making trends appear when they are not real.

Where does this data come from?

The expenditure data is sourced from multiple areas on campus which end up in the EDWPresentation database. The CPI data is from the Bureau of Labor Statistics.

Example – How CPI is calculated

For an annual (fiscal year) analysis:

  1. Annual Average: Adjust a nominal value for inflation by first taking the average of each of the CPI values for each month in the Fiscal Year.
  2. Inflation Adjustment: Divide the CPI average for the period the transaction occurred (e.g. 2010) by the CPI value for the current time (e.g. 2018).

New higher ed IT resources available to UW community

A new subscription to the Education Advisory Board (EAB) IT Forum is offering higher education-specific information technology resources to UW students, faculty and staff. For no individual charge, users with a UW NetID can access the service for white papers, webinars, peer articles and other research resources, as well as for in-person consultation, in topic areas such as data governance, measures and metrics, analytics, and student success.

“EAB is an excellent resource, with a long history of specializing in IT for higher education,” said Anja Canfield-Budde, Director of Enterprise Data & Analytics (EDA). “With their deep expertise, we don’t have to reinvent the wheel to solve institutional IT challenges. I wholeheartedly recommend their resources.”

The EAB is made up of 650-plus researchers, consultants and technologists, serving over 1,000 colleges and universities across North America. Earlier this year, UW-IT data leaders provided input to EAB on the paper, A Common Currency: Achieving Excellence in Data Governance and Adoption of Analytics. Read the paper (PDF) on the UW-IT intranet.

“As we continue to grow our ‘data culture’ at the University, we can rely on EAB for expert advice and collaboration opportunities,” said Canfield-Budde.

Learn more:

Activate your user account:

  • Account setup uses your UW email address. Get started by going to the EAB website and choosing “Log in now,” then choose “I’m a new user.” Follow the prompts to complete your log-in setup. Once you receive an email from EAB, navigate to “Services,” then “Research & Insights” and then “IT Forum.”