Economic Impact of The Charleston International Airport Complex

Size: px
Start display at page:

Download "Economic Impact of The Charleston International Airport Complex"

Transcription

1 Economic Impact of The Charleston International Airport Complex Conducted by: Center for Business Research Charleston Metro Chamber of Commerce PO Box 975, Charleston SC 940 January 05

2

3 Economic Impact of The Charleston International Airport Complex Table of Contents: Purpose of the Study About the Center for Business Research Executive Summary Charleston International Airport and Tenant Organizations Charleston International Airport - Arriving Visitors Charleston International Airport Capital Investment Charleston International Airport and Tenant Organizations and Arriving Visitors Joint Base Charleston-Air Force Boeing South Carolina Summary Background and History Methodology

4 Economic Impact of Charleston International Airport Complex Purpose of the Study The purpose of this study is to estimate the economic impact that the Charleston International Airport aviation complex has on the Charleston Metropolitan Area (made up of Berkeley, Charleston and Dorchester counties). In this analysis, the elements of the aviation complex include the Charleston County Aviation Authority (CCAA) and tenant firms at the Charleston International Airport terminal(s), the neighboring US Air Force component of Joint Base Charleston, plus the adjacent Boeing South Carolina complex. The study examines the jobs and payroll impact of the Airport Authority and the tenants at Charleston International Airport. The study also examined the jobs created due to local spending by visiting air passengers, considered part of the airport terminal s direct effect as described in this report. Only the jobs and payroll impact of Joint Base Charleston and Boeing were included in the impact analysis. The study serves as an update to a similar study released in 0. A separate impact analysis of the $89 million impact of the current redevelopment of the airport terminal is also included in the study, but is not included in the overall economic impact because the construction and associated expenditures are limited to a three year period of 03 to 05. Results are exhibited in terms of direct, indirect and induced employment, income, and/or total output (the value of goods and services produced with a given geographic region including any intermediate products purchased). o Direct refers to the actual contribution or effect in terms of jobs or payroll, for example, resulting from the complex. o Indirect impact estimates changes in inter-industry (business-to-business) transactions as supplying industries respond to increased demand from the directly affected business sector(s). o Induced impact estimates changes in local spending by households resulting from income changes in the directly and indirectly affected business sectors. About the Center for Business Research Analysis was conducted by the Charleston Metro Chamber of Commerce s Center for Business Research (CBR), which has served as the center for the compilation, interpretation and distribution of business and economic data for the three-county Charleston Metropolitan Area for more than 5 years. CBR staff for this project include Mary Graham and Jacki Renegar, who combined have more than 50 years of experience in economic and community research and have conducted hundreds of economic impact analyses in the areas of manufacturing, real estate development, the military, the visitor industry, healthcare and the transportation sector.

5 Executive Summary The economic impact of the aviation complex at Charleston International Airport is extensive, not only in the number and diversity of jobs it sustains, but also the billions of dollars it injects into the Charleston region (Berkeley, Charleston and Dorchester Counties). Charleston International Airport Aviation Complex Economic Impact At-A-Glance More than $3.8 billion are pumped into the Charleston region s economy and 50,000 local jobs supported annually because of the entire aviation complex including the Charleston International Airport, the US Air Force portion of Joint Base Charleston and The Boeing Company s Charleston area presence. (See Table ) More than $ billion flow into the Charleston region s economy annually due to the jobs at the airport terminal and its tenant organizations, including those generated by visiting air travelers. The US Air Force component of Joint Base Charleston, which operates under Air Mobility Command, directly employs approximately 7,300 active duty and civilian workers at its North Charleston base, translating into a total employment impact of more than,00 jobs in the Charleston region and more than $.7 billion in total output, not including other area military facilities. The Boeing Company s facilities now directly employ 8,00 workers in the Charleston region in one of the highest impact sectors an economy can have aircraft and aircraft parts manufacturing sustaining another 0,000 jobs in the region with the spin-off effect. The total estimated impact of Boeing s local employment is more than $ billion in economic activity in the Charleston Metro Area. Recent capital investment in infrastructure and structure improvements of the airport terminal and airport facilities at Charleston International Airport add,400 jobs and $ million to the local economy during the construction period of 03 through 05. (See Table 4) Table : Total Aviation Complex Annual Economic Impact in the Charleston region, South Carolina Berkeley, Charleston and Dorchester Counties Total Employment Impact Total Labor Income Impact Total Output or Value of Economic Activity Charleston International Airport & tenants 3,95 $00,49,680 $55,79,43 Charleston International Airport - Arriving Visitors 6,8 $96,56,50 $569,587,80 Total Charleston International Airport 0,096 $396,748,930 $,,37,33 US Air Force portion of Joint Base Charleston,3 $96,709,5 $,76,,98 The Boeing Company 8,99 $,977,8,840 $,08,983,695 Total Aviation Complex 5,30 $3,336,70,0 $3,867,43,856 Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars.

6 Charleston International Airport and Tenant Organizations Charleston International Airport and tenants include terminal operations and includes both passenger and cargo operations as well as other public sector organizations such as the Federal Aviation Authority (FAA) and Transportation Security Administration (TSA), plus private sector tenants such as the commercial airlines, air cargo, several auto rental firms, parking management services, retail and food service firms, and other air transportation support businesses. These total approximately,000 direct employees at the terminal. These direct jobs and their compensation in the region sustain another,945 jobs in various sectors, resulting in a total employment impact of 3,95 jobs in Berkeley, Charleston and Dorchester counties. Jobs at Charleston International Airport (including the tenant organizations) create more than $00 million in income for workers and proprietors in the Charleston region. Approximately $553 million in output is generated in the Charleston area s economy by the existence of the jobs at the authority and airport terminal tenants. Table : Estimated Economic Impact Generated Annually in the Charleston region, South Carolina Impact Type Direct Effect Indirect Effect Induced Effect Total Effect Employment,970 Labor Income $9,539,93 Output $336,3, $3,66,50 $93,408,68,5 3,95 $38,686,47 $00,49,680 $3,009,945 $55,79,43 Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars. 3 3

7 Charleston International Airport - Arriving Visitors Approximately 4.8 million visitors travel to the Charleston region annually according to estimates by the College of Charleston s Office of Tourism Analysis. Many of these visitors arrive via the Charleston International Airport for both business and leisure purposes in the local area. Using past and current local tourism sector studies by the College and the Charleston Metro Chamber of Commerce s Center for Business Research, certain assumptions were made to estimate the scope and spending patterns of these visitors to the Charleston region. Approximately.5 million passengers are enplaned (departing) and.5 million deplaned (arriving) at Charleston International Airport annually. About half of deplaned passengers are assumed to be area residents returning home from trips, and the other half are assumed to be visitors to the region. This is a conservative estimate based on past surveys estimating that 5 to 5 percent of all area visitors report that they arrive via the Charleston International Airport (5%-5% of 4.8 million equals 70,000 to. million). The most recent College of Charleston s study of visitor spending patterns per person per day (shown below), as well as a median number of nights stayed, were applied to air travelers. Current and past studies trends on area visitors use of paid lodging (as opposed to non-paid lodging such as staying with family/friends) shows 75 percent or more as a typical average. This analysis does not include any flight costs of any passengers or any information with regard to departing passengers. Total Charleston International Airport Passengers Served, 03,474,65 enplaned,448,970 deplaned Resident Passengers Not included in impact Nonresident Passengers (visitors) 75,000 Typical Length of Stay 3 nights Per-Visitor Average Daily Spending on Lodging (estimated that only 75% are staying in paid accommodations) $ 94 Food/Beverage $ 5 Ground Transportation (local) $ 3 Entertainment, Tours, Attractions $ Retail Shopping $ 36 Estimated Total Direct Local Spending by Air Traffic Visitors, 04 $450,000,000 Visiting passengers through the airport terminal spend an estimated $450 million directly each year in the Charleston region at local accommodations, restaurants, retailers, etc., sustaining more than 6,000 jobs locally and $96 million in income. The result is $569 million in total impact annually in the area economy. Table 3: Estimated Economic Impact Generated Annually in the Charleston region, South Carolina Impact Type Employment Labor Income Output Direct Effect 4,366 $5,655,58 $344,509,996 Indirect Effect 797 $3,496,75 $03,890,56 Induced Effect,08 $38,03,97 $,87,98 Total Effect 6,8 $96,56,50 $569,587,80 Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars. 4 4

8 Charleston International Airport Capital Investment During FY 03, FY 04 & FY 05, the Charleston County Aviation Authority has invested and budgeted for more than $8 million to be spent with local firms in construction and renovation projects at Charleston International Airport as part of the $89 million Terminal Redevelopment Improvement Project (TRIP) and additional capital projects. These projects include the expansion of the parking area for airplanes, fuel farm upgrades, airfield lighting and pavement improvements, as well as the TRIP project a complete renovation and expansion of the existing passenger terminal - are expected to be completed by late 05. Table 4: Estimated Economic Impact of Capital Improvements in the Charleston region, South Carolina Impact Type Employment Direct Effect Indirect Effect Induced Effect Total Effect ,447 Labor Income $36,674,869 $8,4,09 $3,4,54 $68,040,476 Detail By Sector Output $7,95,59 $5,074,0 $4,06,458 $,087,07 Employment Output Forestry, Fishing, Agriculture, Mining 5 $853,459 Utilities $78, $8,676,8 Manufacturing 0 $7,797,845 Wholesale Trade 3 $4,090,0 08 $7,900,7 Transportation and Warehousing 7 $3,8,559 Information 3 $4,999,998 Construction Retail Trade Finance and Insurance 3 $6,575,35 Real Estate, Rental Services, Leasing Services 56 $3,565,50 Professional, Scientific and Technical Services 36 $0,8,070 $485,90 Admin. & Support Services, Waste Mgmt. & Remediation Services 64 $4,8,88 Educational Services 0 $667,555 Health Care and Social Assistance 57 $6,049,35 Arts, Entertainment and Recreation 7 $,337,030 Management of Companies and Enterprises Accommodations and Food Services 50 $3,338,07 Other Services (excluding Government) 44 $4,70,508 Private Household Operations 3 $90,86 7 $,556,300,447 $,087,07 Government Enterprises (Fed, State, & Local; example USPS) Total 5 5

9 Charleston International Airport and Tenant Organizations and Arriving Visitors When combined, the effect of the airport terminal s employment level and the effect of the arriving visitors via Charleston International Airport create a total impact of more than 0,000 jobs and more than $ billion in the Charleston Metro Area. Table 5: Estimated Economic Impact Generated Annually in the Charleston region, South Carolina Impact Type Employment Labor Income Output Direct Effect 6,54 $55,95,459 $680,8,96 Indirect Effect,53 $64,763,53 $97,98,794 Induced Effect,050 $76,790,8 $44,97,43 Total Effect 0,096 $396,748,930 $,,37,33 Detail By Sector Employment Output Forestry, Fishing, Agriculture, Mining 8 $,55,944 Utilities 4 $6,86,07 Construction 54 $6,070,467 Manufacturing $,899,366 Wholesale Trade 89 $5,965,64 Retail Trade,37 $77,986,665 Transportation and Warehousing,80 $8,57,499 Information 3 $36,645,078 Finance and Insurance 79 $37,337,93 Real Estate, Rental Services, Leasing Services 659 $30,76,5 Professional, Scientific and Technical Services 59 $36,407,0 Management of Companies and Enterprises 3 $5,083,890 Admin. & Support Services, Waste Mgmt. & Remediation Services 49 $3,987,09 Educational Services 6 $4,099,633 Health Care and Social Assistance 33 $35,0,493 Arts, Entertainment and Recreation 68 $54,57,905 Accommodations and Food Services 3,796 $309,935,754 Other Services (excluding Government) 05 $9,664,84 Private Household Operations 77 $59,93 Government Enterprises (Fed, State, & Local; example USPS) 433 $7,469,38 Total 0,096 $,,37,33 Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars. 6 6

10 Joint Base Charleston-Air Force The United States Air Force component of Joint Base Charleston ( the 69th Air Base Wing and 35th and 437th Airlift Wings) directly employs approximately 7,300 active duty and civilian workers at its North Charleston base, translating into a total employment impact of more than,00 jobs in the Charleston region and more than $.7 billion in total output, not including other area military facilities. The impact of the direct jobs (all federal government jobs) do not directly generate any indirect effect (business-tobusiness), according to the IMPLAN model. Their spin-off effect is strictly induced, defined as changes in local spending by households resulting from income changes in the directly and indirectly affected business sectors Table 6: Estimated Economic Impact Generated Annually in the Charleston region, South Carolina Impact Type Direct Effect Indirect Effect Induced Effect Total Effect Employment 7, ,93,3 Labor Income $776,68,603 $0 $85,080,647 $96,709,5 Output $,37,675,043 $0 $588,437,885 $,76,,98 Employment Output Forestry, Fishing, Agriculture, Mining $,9,879 Utilities 3 $5,593,48 Construction 54 $5,58,574 Manufacturing $,45,535 Detail By Sector Wholesale Trade $,745,940,03 $75,875,48 7 $,603, $3,407,76 Finance and Insurance 73 $55,374,98 Real Estate, Rental Services, Leasing Services 454 $3,794,09 Professional, Scientific and Technical Services 5 $3,483,053 9 $,97,906 Admin. & Support Services, Waste Mgmt. & Remediation Services 60 $7,669,78 Educational Services 37 $8,90,99 Health Care and Social Assistance 800 $85,09,808 Arts, Entertainment and Recreation 97 $6,778,504 Accommodations and Food Services 540 $35,94,393 Other Services (excluding Government) 333 $9,083,688 Private Household Operations 8 $,7,793 7,359 $,5,43,66,3 $,76,,98 Retail Trade Transportation and Warehousing Information Management of Companies and Enterprises Government Enterprises (Fed, State, & Local; example USPS) Total Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars. 7 7

11 Boeing South Carolina The Boeing Company s facilities now directly employ 8,00 workers in the Charleston region in one of the highest impact sectors an economy can have aircraft and aircraft parts manufacturing sustaining another 0,000 jobs in the region with its spin-off effect in every sector. The total estimated impact of Boeing s local employment is more than $ billion in economic activity in the Charleston region. Table 7: Estimated Economic Impact Generated Annually in the Charleston region, South Carolina Impact Type Employment Labor Income Output Direct Effect 8,00 $,08,945,47 $8,43,893,749 Indirect Effect 0,604 $566,895,869 $,660,507,447 Induced Effect 0,88 $38,970,74 $,4,58,499 Total Effect 8,99 $,977,8,840 $,08,983,695 Detail By Sector Employment Output Forestry, Fishing, Agriculture, Mining 76 $,65,94 Utilities 8 $36,44,780 Construction 74 $3,077,66 Manufacturing 8,6 $8,39,859,0 Wholesale Trade,343 $4,34,44 Retail Trade,60 $66,38,003 Transportation and Warehousing,584 $85,557,90 Information 530 $80,57,098 Finance and Insurance,078 $05,64,93 Real Estate, Rental Services, Leasing Services,565 $357,98,38 Professional, Scientific and Technical Services,634 $39,996,567 Management of Companies and Enterprises 690 $55,705,83 Admin. & Support Services, Waste Mgmt. & Remediation Services,673 $73,6,63 Educational Services 90 $8,89,5 Health Care and Social Assistance,649 $75,37,603 Arts, Entertainment and Recreation 5 $40,60,565 Accommodations and Food Services,489 $99,83,636 Other Services (excluding Government),09 $95,73,087 Private Household Operations 380 $,565,343 Government Enterprises (Fed, State, & Local; example USPS) 33 $56,55,54 Total 8,99 $,08,983,695 Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars. 8 8

12 Summary The aviation complex including Charleston International Airport, Joint Base Charleston Air Base and The Boeing Company generates more than $3.8 billion and 5,000 local jobs annually in the Charleston region s economy. The $3.87 billion in total economic activity generated by the aviation complex equates to 40 percent of the Charleston Metropolitan Area s Gross Metropolitan Product ($3.676 billion in 03 according to the US Bureau of Economic Analysis). With more than 3,000 jobs located within Berkeley, Charleston and Dorchester counties, the aviation complex in the Charleston region helps sustain more than 6 percent of this total, along with over $3 billion in compensation for local workers. Table 8: Total Aviation Complex Annual Economic Impact in the Charleston region, South Carolina Charleston International Airport & tenants Charleston International Airport - Arriving Visitors Joint Base Charleston Air Base The Boeing Company Total Aviation Complex Total Employment Impact Total Labor Income Impact 3,95 $00,49,680 $55,79,43 6,8 $96,56,50 $569,587,80,3 8,99 5,30 $96,709,5 $,977,8,840 $3,336,70,0 $,76,,98 $,08,983,695 $3,867,43,856 Employment Output Forestry, Fishing, Agriculture, Mining 4 $6,873,737 Utilities 09 $48,04,89 Construction 38 $4,730,667 Manufacturing 8,655 $8,46,74,00 Wholesale Trade,553 $79,845,646 Detail By Sector Retail Trade 4,66 $30,099,86 Transportation and Warehousing,98 $46,48, $48,09,937 Finance and Insurance,530 $98,37,04 Real Estate, Rental Services, Leasing Services,678 $6,88,769 Professional, Scientific and Technical Services 3,7 $460,886,73 7 $6,77,67 3,44 $3,79,00 Information Management of Companies and Enterprises Admin. & Support Services, Waste Mgmt. & Remediation Services Educational Services 489 $3,9,83 Health Care and Social Assistance,780 $95,60,904 Arts, Entertainment and Recreation,336 $,96,974 Accommodations and Food Services 5,85 $445,033,78 Other Services (excluding Government),568 $44,479, $4,33,049 8,06 $,79,45,34 5,30 $3,867,43,856 Private Household Operations Government Enterprises (Fed, State, & Local; example USPS) Total Output or Value of Economic Activity Total Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals & unincorporated business owners). Expressed in 04 dollars. 9 9

13 Background and History Chartered in 970 by the State of South Carolina as a special purpose district, the Charleston County Aviation Authority (CCAA) is responsible for managing, operating and developing all public airports in the Charleston County Airport District. The CCAA is governed by a 3-member board made up of local mayors, state and county elected officials and business leaders from the region. Charleston International Airport s main terminal houses the airlines and related contractors, restaurant and retail concessionaires, the Transportation Security Administration, Customs and Border Patrol and the CCAA staff and administrative offices. In addition to the terminal building, the airport property houses an air cargo facility, fixed-based operators Landmark Aviation and Atlantic Aviation, parking for nearly 5,000 cars and rental car, taxi, shuttle and valet parking services. Also on site are the airport fuel farm and a CCAA law enforcement facility. The runways at CHS are owned by the U.S. Air Force and Joint Base Charleston and are shared through what is the longest running civilian/military joint-use agreement of its kind with the Department of Defense. Additionally, Chicago-based The Boeing Company has invested more than two billion dollars since the mid-000s in developing its South Carolina campus adjacent to Charleston International Airport. Boeing s property hosts several of its manufacturing facilities on the 65-acre (07-hectare) site, where the company fabricates, assembles and installs systems for aft (rear) fuselage sections of its 787 Dreamliner, and joins and integrates midbody fuselage sections. The site also houses a. million square-foot (,483 square meters) final assembly and delivery facility which allows the company to perform final assembly and delivery of the 787 aircraft from North Charleston directly to customers around the world. The nearby Interiors Responsibility Center South Carolina manufacturers, assembles and installs interior parts for South Carolina-built 787s. Today the site is one of only three in the world to assemble and deliver twin-aisle commercial airplanes. In 03, the firm announced an additional $ billion investment in expanding its Charleston area presence. The Boeing Company has established an IT Center of Excellence and an Engineering Design Center as a part of these additional assets in South Carolina. The company recently acquired an additional 468 acres of land at the airport for future use. Charleston International Airport (CHS) is centrally located in the Charleston, S.C., metropolitan area and provides a first impression of the local community to the more than three million passengers annually coming to the South Carolina Lowcountry for business and leisure activities. CHS is one of three public airports owned and operated by the Charleston County Aviation Authority (CCAA). The others are Charleston Executive Airport (JZI) on Johns Island and the Mount Pleasant Regional Airport (LRO). (The airports on Johns Island and Mount Pleasant are not included in the impact analysis.) 0 0

14 Methodology To accurately measure the total economic impact of any entity or event, any leakage of dollars or expenditures outside the geographical area for which the impact is being measured must be taken into account. The resulting impact or output is the total net value of direct economic contribution of an entity or occurrence in a geographic location in terms of the value of goods and services produced in a given time period, plus the indirect and induced value of goods and services demanded by that region s economy as those direct expenditures turn over in a region. For example, Company A pays wages to its employees who in turn, use those wages to pay for housing, food, entertainment, auto repair services, etc. within the region. A portion of those wages spent for rent/mortgages, at grocery stores and restaurants, at entertainment venues and at auto repair shops, in this example, then go toward paying those establishments employee wages as well as other company expenditures, and the dollars continue to turn over this way within the region s economy until leakage occurs i.e. the dollars are eventually spent outside the region during travel, catalog purchases, etc. Similarly, Company A may incur other local spending besides its own payroll such as at local office supply stores, caterers, accounting firms, etc. Company A s spending translates into more local demand (spending) as those dollars turn over in the local economy or are used to pay for wages and operational expenditures at other local firms. The sum of these effects prior to leakage include the direct spending plus the indirect and induced spending, or total output of the economic event being examined. Indirect impact estimates changes in inter-industry (business-to-business) transactions as supplying industries respond to increased demand from the directly affected business sector(s). Induced impact estimates changes in local spending by households resulting from income changes in the directly and indirectly affected business sectors. In this case, the econometric model used takes the employment of each identified entity, plus spending by air passenger visitors, and calculates total demand created locally minus that which must be supplied from outside the region (i.e. the leakage). Employment level details were supplied by Charleston County Aviation Authority officials in confidence to the Center for Business Research for use in the IMPLAN model to estimate the total economic impact. The CBR used other local studies as well its own primary research to estimate other inputs, including visitor statistics, and employment levels at the US Air Force portion of Joint Base Charleston and The Boeing Company complex. Impact estimates were calculated using the IMPLAN 3.0 model (008 baseline data) customized for the Charleston region. Hudson, Wisconsin-based MIG, Inc. s IMPLAN system is currently used by more than,000 private and public entities, and thus is the most widely employed and accepted regional economic analysis software for predicting economic impacts (www.implan.com). The CBR has served as the center for the compilation, interpretation and distribution of business and economic data for the three-county Charleston Metropolitan Area for 5 years. CBR staff for this project include Mary Graham (one of 3 certified community researchers in the country) and Jacki Renegar, who together have 50 years of experience in economic and community research and have conducted hundreds of economic impact analyses in the areas of manufacturing, real estate development, the military, the visitor industry, healthcare and the transportation sector. For more information regarding methodology, please contact the Center for Business Research, Charleston Metro Chamber of Commerce at (843) Footnotes: Output/Impact is defined as the value of goods and services produced with a given geographic region including any intermediate products purchased. See methodology for more details. Expressed in 04 dollars. Labor income is defined as all forms of employment income, including employee compensation (wages and benefits) and proprietor income (payments received by self-employed individuals and unincorporated business owners). Expressed in 04 dollars.

15

16 PO Box 975 Charleston, SC

The Economic Impact of Commercial Airports in 2010

The Economic Impact of Commercial Airports in 2010 The Economic Impact of Commercial Airports in 2010 January 2012 Prepared for: Airports Council International North America Prepared by: CDM Smith 8805 Governor s Hill Drive Cincinnati, Ohio 45249 Table

More information

The Economic Impact of Tourism in Maryland

The Economic Impact of Tourism in Maryland The Economic Impact of Tourism in Maryland Tourism Satellite Account Calendar Year 2012 December 2013 Important definitions 1. Tourism Industry: Measures the value of traveler activity within tourism characteristic

More information

Economic Impact of Aviation and the Aerospace Industry in Oklahoma. Final Report. for the

Economic Impact of Aviation and the Aerospace Industry in Oklahoma. Final Report. for the Economic Impact of Aviation and the Aerospace Industry in Oklahoma Final Report for the Oklahoma Aeronautics and Space Commission Oklahoma Department of Transportation David A. Penn, Associate Director

More information

GREEN LINE LAX EXTENSION

GREEN LINE LAX EXTENSION GREEN LINE LAX EXTENSION Project Description The Los Angeles County Metropolitan Transportation Authority (Metro) has proposed an extension of the existing Metro Green Line rail service into LAX. Current

More information

The Economic Impact of Tourism in New York. 2010 Calendar Year Catskills Focus

The Economic Impact of Tourism in New York. 2010 Calendar Year Catskills Focus The Economic Impact of Tourism in New York 2010 Calendar Year Catskills Focus Key themes in 2010 The New York State visitor economy rebounded in 2010, recovering 94% of the losses experienced during the

More information

The Economic Impact of Tourism in New York. 2010 Calendar Year Central New York Focus

The Economic Impact of Tourism in New York. 2010 Calendar Year Central New York Focus The Economic Impact of Tourism in New York 2010 Calendar Year Central New York Focus Key themes in 2010 The New York State visitor economy rebounded in 2010, recovering 94% of the losses experienced during

More information

Regional Economic Impact Analysis

Regional Economic Impact Analysis Section III: Applying Knowledge Regional Economic Impact Analysis Summary In this activity, teachers present a lecture related to assessing regional economic impacts and students use this knowledge to

More information

Impacts of Government Jobs in Lake County Oregon

Impacts of Government Jobs in Lake County Oregon Impacts of Government Jobs in Lake County Oregon April 2011 Prepared by Betty Riley, Executive Director South Central Oregon Economic Development District Annual Average Pay Based on Oregon Labor Market

More information

Economic and Fiscal Impact Analysis

Economic and Fiscal Impact Analysis Economic and Fiscal Impact Analysis Estimated Impact of 2013 Tourist Spending on Beaufort County, South Carolina Robert T. Carey Robert T. Carey, Ph.D. Principal PO Box 675 Pendleton, SC 29670 Phone: 864-502-8025

More information

ECONOMIC IMPACT OF THE SAN ANTONIO AIRPORT SYSTEM

ECONOMIC IMPACT OF THE SAN ANTONIO AIRPORT SYSTEM GRA, Incorporated Economic Counsel to the Transportation Industry ECONOMIC IMPACT OF THE SAN ANTONIO AIRPORT SYSTEM Home Office: 115 West Avenue Suite 201 Jenkintown, PA 19046 215-884-7500 215-884-1385

More information

Tucson International Airport Economic Impact Study 2012

Tucson International Airport Economic Impact Study 2012 THE UNIVERISTY OF ARIZONA, ELLER MBA Tucson International Airport Economic Study 2012 May 8, 2012 Greg Keller Christopher Northey Allen Sipe Catherine Weigand would like to thank all who helped in making

More information

The Economic Impact of Tourism in Ohio. May 2011

The Economic Impact of Tourism in Ohio. May 2011 The Economic Impact of Tourism in Ohio May 2011 Key themes for 2010 The Ohio visitor economy rebounded in 2010, recovering about 70% of the losses experienced during the recession Visitor volumes expanded

More information

DEMONSTRATING ECONOMIC

DEMONSTRATING ECONOMIC FEBRUARY 2015 DEMONSTRATING THE COLLECTIVE ECONOMIC COLLECTIVE VALUE OF DEMONSTRATING ECONOMIC VALUE OF NORTH CAROLINA COMMUNITY COLLEGES NORTH CAROLINA COMMUNITY COLLEGES FEBRUARY 2015 MAIN REPORT 1 CONTENTS

More information

Washington State Department of Transportation Aviation Division

Washington State Department of Transportation Aviation Division Table 5. Estimated Airport Operations Economic Impacts by Industry (Percent of ) Northwest Region Industry IMPLAN Sector Compensation Agriculture 1 0.4% 0.1% 0.3% Mining 28 0.0% 0.0% 0.0% Construction

More information

MASTER PLAN PREPARATION

MASTER PLAN PREPARATION Located in the East Valley of the Phoenix Metropolitan Area, Phoenix-Mesa Gateway Airport is a former military airfield that has successfully made the transition to a full service commercial passenger

More information

KING COLLEGE SCHOOL OF BUSINESS KING COLLEGE REGIONAL ECONOMIC STUDIES (KCRES) KCRES PAPER NO. 4, May 2012

KING COLLEGE SCHOOL OF BUSINESS KING COLLEGE REGIONAL ECONOMIC STUDIES (KCRES) KCRES PAPER NO. 4, May 2012 KING COLLEGE SCHOOL OF BUSINESS KING COLLEGE REGIONAL ECONOMIC STUDIES (KCRES) KCRES PAPER NO. 4, May 2012 Economic Impact Multipliers for the Coalfield Region of Southwestern Virginia The Coalfield Region

More information

THE INVISIBLE ENGINE:

THE INVISIBLE ENGINE: THE INVISIBLE ENGINE: The Economic Impact of New York City s Real Estate Industry February 204 Prepared For: Prepared By: THE INVISIBLE ENGINE: THE ECONOMIC IMPACT OF NEW YORK CITY'S REAL ESTATE INDUSTRY

More information

The Economic Impact of Golf In South Carolina

The Economic Impact of Golf In South Carolina The Economic Impact of Golf In South Carolina By Dudley Jackson Research Director South Carolina Department of Parks, Recreation and Tourism For South Carolina Golf Course Owners Association April 2012

More information

The Economic Impact of Tourism in New York

The Economic Impact of Tourism in New York The Economic Impact of Tourism in New York 2012 Calendar Year Finger Lakes Focus 2 State Summary Key themes in 2012 The recovery of New York State s tourism economy continued to expand in 2012, growing

More information

The Economic Impact of Texas State University

The Economic Impact of Texas State University The Economic Impact of Texas State University James P. LeSage 1 Fields Endowed Chair for Urban and Regional Economics McCoy College of Business Administration Department of Finance and Economics Texas

More information

Wages of Employed Texans Who Attended Texas Public Schools

Wages of Employed Texans Who Attended Texas Public Schools Wage Comparision by Educational Attainment for Texans Age 25 to 30 Median 4th Quarter Wages Number Employed Earnings Year 2010 2011 2012 2010 2011 2012 Educational Attainment Advanced Bachelor's Associate

More information

Nissan Corporate Headquarters Relocation to Cool Springs, Williamson County

Nissan Corporate Headquarters Relocation to Cool Springs, Williamson County Nissan Corporate Headquarters Relocation to Cool Springs, Williamson County Regional Economic Impacts of Construction and Operations William W. Wade Energy and Water Economics July 21, 2008 Nissan Summary

More information

The Economic Impact of the New Hospital on the Economy of Drumright, Creek County, Oklahoma

The Economic Impact of the New Hospital on the Economy of Drumright, Creek County, Oklahoma The Economic Impact of the New Hospital on the Economy of Drumright, Creek County, Oklahoma Drumright Creek County Oklahoma Cooperative Extension Service Oklahoma Office of Rural Health Rural Health Policy

More information

Economic Impact of Redeveloping The World Trade Center Site: New York City, New York State, And the New York-New Jersey Area

Economic Impact of Redeveloping The World Trade Center Site: New York City, New York State, And the New York-New Jersey Area Economic Impact of Redeveloping The World Trade Center Site: New York City, New York State, And the New York-New Jersey Area Appleseed October 30, 2003 Executive Summary The redevelopment of the World

More information

THE PROJECTED ECONOMIC AND FISCAL IMPACTS OF A TENNESSEE HISTORIC REHABILITATION INVESTMENT INCENTIVE

THE PROJECTED ECONOMIC AND FISCAL IMPACTS OF A TENNESSEE HISTORIC REHABILITATION INVESTMENT INCENTIVE THE PROJECTED ECONOMIC AND FISCAL IMPACTS OF A TENNESSEE HISTORIC REHABILITATION INVESTMENT INCENTIVE February 2014 Prepared by: Economic Impact Group, LLC. Copyright 2014 Economic Impact Group, LLC. EXECUTIVE

More information

Economic Impact of Skidmore College on Saratoga County

Economic Impact of Skidmore College on Saratoga County Economic Impact of Skidmore College on Saratoga County July 29, 2011 Capital District Regional Planning Commission One Park Place, Suite 102, Albany, New York 12205 518 / 453-0850 Fax: 518 / 453-0856 e-mail:

More information

The Miami-Dade County Airport System

The Miami-Dade County Airport System Economic Impact The Miami-Dade County Airport System Miami-Dade Aviation Department Executive Summary In 2008, an update to the 2006 Economic Impact Study commissioned by the Miami-Dade Aviation Department

More information

billion paid to private sector workers during 2012. Focus on Meeting and Convention Segment. The convention and

billion paid to private sector workers during 2012. Focus on Meeting and Convention Segment. The convention and Executive Summary Applied Analysis was retained by the Las Vegas Convention and Visitors Authority (the LVCVA ) to review and analyze the economic impacts associated with its various operations and southern

More information

Private sector wage and salary workers 2 Government workers 3 Self-employed workers 4. Number Percent Number Percent Number Percent Number Percent

Private sector wage and salary workers 2 Government workers 3 Self-employed workers 4. Number Percent Number Percent Number Percent Number Percent Total 106 100.0 88 100.0 11 100.0 7 100.0 Goods producing 45 42.5 44 50.0 -- -- 1 14.3 Natural resources and mining 13 12.3 13 14.8 -- -- -- -- Agriculture, forestry, fishing and hunting -- -- -- -- --

More information

Missouri Economic Impact Brief US Department of Defense Contract Spending

Missouri Economic Impact Brief US Department of Defense Contract Spending Missouri Economic Impact Brief US Department of Defense Contract Spending The United States Department of Defense The United States Department of Defense (DoD) is made up of 17 agencies that awarded over

More information

APRIL 2013 ECONOMIC IMPACT OF THE CINCINNATI/NORTHERN KENTUCKY INTERNATIONAL AIRPORT

APRIL 2013 ECONOMIC IMPACT OF THE CINCINNATI/NORTHERN KENTUCKY INTERNATIONAL AIRPORT APRIL 2013 ECONOMIC IMPACT OF THE CINCINNATI/NORTHERN KENTUCKY INTERNATIONAL AIRPORT OVERVIEW AND METHODOLOGY Economic Impact Study Cincinnati/Northern Kentucky International Airport Methodology: The Bureau

More information

- The Miami-Dade County Airport System

- The Miami-Dade County Airport System Executive Summary I n 2006, an Economic Impact Stud y w a s commissioned by the Miami-Dade Aviation Department and prepared by the firm Martin Associates. The purpose of the Economic Impact Study is to

More information

NOV 2015. The ECONOMIC VALUE of IDAHO PUBLIC COLLEGES & UNIVERSITIES. Main Report. Analysis of the Economic Impact & Return on Investment of Education

NOV 2015. The ECONOMIC VALUE of IDAHO PUBLIC COLLEGES & UNIVERSITIES. Main Report. Analysis of the Economic Impact & Return on Investment of Education NOV 2015 The ECONOMIC VALUE of IDAHO PUBLIC COLLEGES & UNIVERSITIES Main Report Analysis of the Economic Impact & Return on Investment of Education 1 CONTENTS 4 ACKNOWLEDGMENTS 5 EXECUTIVE SUMMARY 5 Economic

More information

Baseline data: RCI Economic Development Committee

Baseline data: RCI Economic Development Committee 2011 County Business Patterns & Non-Employer Statistics, (NAICS), US Census Bureau The US Census provides establishments by employment size (self-employed/non-employer and 9 class sizes) using the NAICS

More information

The Impact of Publicly Supported Higher Education on the Charleston, South Carolina Region

The Impact of Publicly Supported Higher Education on the Charleston, South Carolina Region The Impact of Publicly Supported Higher Education on the Charleston, South Carolina Region Produced for the community by Charleston Regional Development Alliance 2013 Table of Contents Executive Summary...

More information

Transportation Infrastructure Investment Prioritization: Responding to Regional and National Trends and Demands Jeremy Sage

Transportation Infrastructure Investment Prioritization: Responding to Regional and National Trends and Demands Jeremy Sage FREIGHT POLICY TRANSPORTATION INSTITUTE Transportation Infrastructure Investment Prioritization: Responding to Regional and National Trends and Demands Jeremy Sage Motivation Why do we (and should we)

More information

The Local and Regional Economic Impacts of the San Francisco International Airport

The Local and Regional Economic Impacts of the San Francisco International Airport The Local and Regional Economic Impacts of the San Francisco International Airport June 9, 2009 Martin Associates 941 Wheatland Avenue, Suite 203 Lancaster, PA 17603 www.martinassoc.net Table of Contents

More information

COLUMBUS REGIONAL AIRPORT AUTHORITY. Economic Impact Study Update. Executive Summary

COLUMBUS REGIONAL AIRPORT AUTHORITY. Economic Impact Study Update. Executive Summary COLUMBUS REGIONAL AIRPORT AUTHORITY Economic Impact Study Update Executive Summary November 2012 INTRODUCTION Hearing a plane overhead is an everyday occurrence. But how many people stop to think that

More information

Turning SIC to NAICS, where do we stand?

Turning SIC to NAICS, where do we stand? Turning SIC to NAICS, where do we stand? Frederick Treyz, CEO Regional Economic Models, Inc. Federation of Tax Administrators Conference September 23, 2003 Overview of the North American Industry Classification

More information

Workforce Overview Greenville, South Carolina

Workforce Overview Greenville, South Carolina Workforce Overview Greenville, South Carolina CONTENTS Page I. Workforce Characteristics and Composition 2 Workforce Characteristics 2 Employment by Industry Sector 2 Greenville County Labor Shed 3 Inflow

More information

Strategic Business Plan

Strategic Business Plan Williams Gateway Airport Authority Strategic Business Plan Fiscal Years 2011-2015 Adopted May 24, 2010 by the Phoenix-Mesa Gateway Airport Authority Board of Directors Page 2 TABLE OF CONTENTS Purpose...4

More information

Texas. Figure TX_1. Total Economic Impacts Generated in Texas in 2011

Texas. Figure TX_1. Total Economic Impacts Generated in Texas in 2011 Figure TX_1. Total Economic Impacts Generated in in 2011 153 Total angler expenditures on marine recreational fishing in were $1.4 billion in 2011. Trip expenditures were $402 million and expenditures

More information

HOSPITAL INDUSTRY IN SOUTHERN CALIFORNIA ECONOMIC IMPACT ANALYSIS. Los Angeles County Economic Development Corporation

HOSPITAL INDUSTRY IN SOUTHERN CALIFORNIA ECONOMIC IMPACT ANALYSIS. Los Angeles County Economic Development Corporation HOSPITAL INDUSTRY IN SOUTHERN CALIFORNIA ECONOMIC IMPACT ANALYSIS Los Angeles County Economic Development Corporation Christine Cooper, Ph.D. Myasnik Poghosyan Shannon Sedgwick January 2012 This report

More information

Economic Impact Analysis of School Facility Construction

Economic Impact Analysis of School Facility Construction Wright State University CORE Scholar Economic Development Center for Urban and Public Affairs 2010 Economic Impact Analysis of School Facility Construction Wright State University, Center for Urban and

More information

Flickr: Randy Pertiet. Baltimore s Inner Harbor: Economic Impact, Importance, and Opportunities for Investment October 31, 2013

Flickr: Randy Pertiet. Baltimore s Inner Harbor: Economic Impact, Importance, and Opportunities for Investment October 31, 2013 Flickr: Randy Pertiet Baltimore s Inner Harbor: Economic Impact, Importance, and Opportunities for Investment October 31, 2013 Executive Summary: Baltimore s Inner Harbor drives substantial economic and

More information

The Economic Impact of Fire Damage on Wyoming s Economy from a Business Perspective

The Economic Impact of Fire Damage on Wyoming s Economy from a Business Perspective The Economic Impact of Fire Damage on Wyoming s Economy from a Business Perspective A Regional Economic Models, Inc. (REMI) Policy Insight Analysis Prepared by Amy Bittner and Justin Ballard August 18,

More information

Economic Impact of the US Gaming Industry. September 2014

Economic Impact of the US Gaming Industry. September 2014 Economic Impact of the US Gaming Industry September 2014 Methods Analysis includes: Commercial casinos Native American casinos Card rooms (California, Florida, Minnesota, Washington) Analysis excludes:

More information

Louisiana. Figure LA_1. Total Economic Impacts Generated in Louisiana in 2011

Louisiana. Figure LA_1. Total Economic Impacts Generated in Louisiana in 2011 Figure LA_1. Total Economic Impacts Generated in in 2011 81 Total angler expenditures on marine recreational fishing in were $1.9 billion in 2011. Trip expenditures were $261 million and expenditures on

More information

New Jersey. Figure NJ_1. Total Economic Impacts Generated in New Jersey in 2011

New Jersey. Figure NJ_1. Total Economic Impacts Generated in New Jersey in 2011 Figure NJ_1. Total Economic Impacts Generated in in 2011 117 Total angler expenditures on marine recreational fishing in were $1.5 billion in 2011. Trip expenditures were $259 million and expenditures

More information

West Florida. Figure WFL_1. Total Economic Impacts Generated in West Florida in 2011

West Florida. Figure WFL_1. Total Economic Impacts Generated in West Florida in 2011 Figure WFL_1. Total Economic Impacts Generated in in 2011 63 Total angler expenditures on marine recreational fishing in were $5.5 billion in 2011. Trip expenditures were $623 million and expenditures

More information

Michigan Economic Development Corporation

Michigan Economic Development Corporation Michigan Economic Development Corporation 300 N. Washington Square, Lower Level Lansing, Michigan 48913 888.522.0103 Economy Overview MEDC Region 10 Southeast Michigan Economic Modeling Specialists International

More information

Q UANTITATIVE E CONOMICS & S TATISTICS AUGUST 25, 2005. Virginia Taxes Paid by Manufacturers

Q UANTITATIVE E CONOMICS & S TATISTICS AUGUST 25, 2005. Virginia Taxes Paid by Manufacturers Q UANTITATIVE E CONOMICS & S TATISTICS AUGUST 25, 2005 Virginia Taxes Paid by Manufacturers $16 $14 $12 $10 $8 $6 $12.5 $12.2 $10.7 $10.8 $4 $2 $0 19992000200120022003 Introduction This study provides

More information

The Role of Land Use and Transportation in Building Successful Sustainable Cities City of Vancouver

The Role of Land Use and Transportation in Building Successful Sustainable Cities City of Vancouver The Role of Land Use and Transportation in Building Successful Sustainable Cities City of Vancouver Dr. Ann McAfee Co-Director of Planning, Vancouver Transportation & Land Use 1. Vancouver s Transportation

More information

South Carolina Aviation Economic Impact Study

South Carolina Aviation Economic Impact Study Technical Report South Carolina Aviation Economic Impact Study Prepared for: South Carolina Department of Commerce Division of Aeronautics May 2006 Prepared by: Wilbur Smith Associates, Inc. In Association

More information

Louisiana TOURISM SATELLITE ACCOUNT: AN UPDATE. LSU Division of Economic Development THE 2011

Louisiana TOURISM SATELLITE ACCOUNT: AN UPDATE. LSU Division of Economic Development THE 2011 Louisiana THE 2011 TOURISM SATELLITE ACCOUNT: AN UPDATE SUBMITTED TO: The Louisiana Department of Culture, Recreation and Tourism The Office of the Lieutenant Governor LSU Division of Economic Development

More information

Economic Impact. Airports and economic development. Airport location. County economic profile

Economic Impact. Airports and economic development. Airport location. County economic profile Airports and economic development Airports, aviation and industries related to aviation in Wisconsin have a profound impact on the quality of life and economic prosperity of the state. Airports and aviation

More information

The Economic Impact of the Health Sector on the Economy of Dallas County, Iowa a. Daniel Otto and Georgeanne Artz b

The Economic Impact of the Health Sector on the Economy of Dallas County, Iowa a. Daniel Otto and Georgeanne Artz b The Economic Impact of the Health Sector on the Economy of Dallas County, Iowa a Daniel Otto and Georgeanne Artz b The importance of medical and health facilities as community service providers is well

More information

The Economic Impact of Technical College System of Georgia Institutions on their Service Delivery Areas Economies in FY 2012

The Economic Impact of Technical College System of Georgia Institutions on their Service Delivery Areas Economies in FY 2012 The Economic Impact of Technical College System of Georgia Institutions on their Service Delivery Areas Economies in FY 2012 January 2014 A Study Commissioned by The Technical College System of Georgia

More information

MEASURING ECONOMIC IMPACTS OF PROJECTS AND PROGRAMS

MEASURING ECONOMIC IMPACTS OF PROJECTS AND PROGRAMS Economic Development Research Group April 1997 MEASURING ECONOMIC IMPACTS OF PROJECTS AND PROGRAMS GLEN WEISBROD, ECONOMIC DEVELOPMENT RESEARCH GROUP BURTON WEISBROD, ECONOMICS DEPT., NORTHWESTERN UNIV.

More information

Charlotte County Airport

Charlotte County Airport Charlotte County Airport Origin Originally acquired by Charlotte County in early 1940s County leased the property to the US Army during WWII Army improvements were deeded back to the County as Surplus

More information

EXTENSION CENTER FOR COMMUNITY VITALITY

EXTENSION CENTER FOR COMMUNITY VITALITY EXTENSION CENTER FOR COMMUNITY VITALITY Economic Contribution of Federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Program Funding in Minnesota: 1983-2014

More information

Regional Economic Impact of Portland International Airport

Regional Economic Impact of Portland International Airport Regional Economic Impact of Portland International Airport April 11, 2013 Scott Drumm Manager, Research & Strategic Analysis 1 Presentation Overview Study Purposes Methodology 2011 PDX Impacts Distribution

More information

The Secure Choice Retirement Savings Program. Compiled by the Office of the Illinois State Treasurer Treasurer Michael W. Frerichs

The Secure Choice Retirement Savings Program. Compiled by the Office of the Illinois State Treasurer Treasurer Michael W. Frerichs The Secure Choice Retirement Savings Program Compiled by the Office of the Illinois State Treasurer Treasurer Michael W. Frerichs Retirement Security What is Secure Choice? Economic Impact and Benefits

More information

The Economic Value of the Northport-East Northport Public Library In Suffolk County, New York

The Economic Value of the Northport-East Northport Public Library In Suffolk County, New York The Economic Value of the Northport-East Northport Public Library In Suffolk County, New York Executive Summary By Dr. Pearl M. Kamer, Chief Economist Long Island Association, Inc. At the request of the

More information

The North American Industry Classification System (NAICS)

The North American Industry Classification System (NAICS) The North American Industry Classification System (NAICS) 1 The North American Industry Classification System (NAICS) has replaced the U.S. Standard Industrial Classification (SIC) system http://www.census.gov/epcd/www/naics.html

More information

Prepared for: The Northeast Ohio Regional Sewer District. Prepared by: Ziona Austrian, Ph.D. Candice Clouse, M.S. Iryna Lendel, Ph.D.

Prepared for: The Northeast Ohio Regional Sewer District. Prepared by: Ziona Austrian, Ph.D. Candice Clouse, M.S. Iryna Lendel, Ph.D. Prepared for: The Northeast Ohio Regional Sewer District Prepared by: Ziona Austrian, Ph.D. Candice Clouse, M.S. Iryna Lendel, Ph.D. NORTHEAST OHIO REGIONAL SEWER DISTRICT: ECONOMIC IMPACT OF OPERATING

More information

Tourism s. 1997 98 to 2011 12. Tourism s. Economy

Tourism s. 1997 98 to 2011 12. Tourism s. Economy Tourism s Contribution to the Australian Economy 1997 98 to 2011 12 Tourism s Contribution to the Australian Economy Authors: Jai Kookana and Tien Duc Pham ISBN 978-1-922106-91-9 (PDF) 978-1-922106-92-6

More information

Mississippi. Figure MS_1. Total Economic Impacts Generated in Mississippi in 2011

Mississippi. Figure MS_1. Total Economic Impacts Generated in Mississippi in 2011 Figure MS_1. Total Economic Impacts Generated in in 2011 105 Total angler expenditures on marine recreational fishing in were $149 million in 2011. Trip expenditures were $42 million and expenditures on

More information

Massachusetts. Figure MA_1. Total Economic Impacts Generated in Massachusetts in 2011

Massachusetts. Figure MA_1. Total Economic Impacts Generated in Massachusetts in 2011 Figure MA_1. Total Economic Impacts Generated in in 2011 99 Total angler expenditures on marine recreational fishing in were $722 million in 2011. Trip expenditures were $198 million and expenditures on

More information

Georgia. Figure GA_1. Total Economic Impacts Generated in Georgia in 2011

Georgia. Figure GA_1. Total Economic Impacts Generated in Georgia in 2011 Figure GA_1. Total Economic Impacts Generated in in 2011 69 Total angler expenditures on marine recreational fishing in were $327 million in 2011. Trip expenditures were $39 million and expenditures on

More information

THE 2006 LOUISIANA TOURISM SATELLITE ACCOUNT AN UPDATE

THE 2006 LOUISIANA TOURISM SATELLITE ACCOUNT AN UPDATE THE 2006 LOUISIANA TOURISM SATELLITE ACCOUNT AN UPDATE Submitted to The Louisiana Department of Culture, Recreation and Tourism And The Office of the Lieutenant Governor By Professor Dek Terrell Director,

More information

Ohio Unified Certification Program (UCP)

Ohio Unified Certification Program (UCP) Disadvantaged Business Enterprise DBE Other Certifications MBE SBA EDGE WBE Other City & Local X DBE Definition of DBE a Disadvantaged Business Enterprise (DBE) is a for-profit small business. at least

More information

Economic Overview Monterey County, California. October 2, 2015

Economic Overview Monterey County, California. October 2, 2015 Economic Overview Monterey County, October 2, 2015 DEMOGRAPHIC PROFILE... 3 EMPLOYMENT TRENDS... 5 UNEMPLOYMENT RATE... 5 WAGE TRENDS... 6 COST OF LIVING INDEX... 6 INDUSTRY SNAPSHOT... 7 OCCUPATION SNAPSHOT...

More information

Agricultural ECONOMICS. The Use of Multipliers in Economic Impact Estimates

Agricultural ECONOMICS. The Use of Multipliers in Economic Impact Estimates EC-686 $1.00 Agricultural ECONOMICS Community Development The Use of Multipliers in Economic Impact Estimates David Broomhall Extension Economist Introduction In many communities across America local officials

More information

North Bay Industry Sector Rankings (By County) October 2015 Jim Cassio

North Bay Industry Sector Rankings (By County) October 2015 Jim Cassio North Bay Rankings (By County) October 2015 Jim Cassio North Bay Rankings (By County) Source: EMSI (Economic Modeling Specialists, Intl.) Contents Lake County... 3 Jobs... 3 Job Growth (Projected)...

More information

Through Recession and Recovery: Economic and Fiscal Impacts of Capital and Operating Spending by Dallas Area Rapid Transit

Through Recession and Recovery: Economic and Fiscal Impacts of Capital and Operating Spending by Dallas Area Rapid Transit January 2014 Through Recession and Recovery: Economic and Fiscal Impacts of Capital and Operating Spending by Dallas Area Rapid Transit Prepared for Dallas Area Rapid Transit Prepared by Terry L. Clower,

More information

ECONOMY OF YUMA. January 2008. Prepared by

ECONOMY OF YUMA. January 2008. Prepared by ECONOMY OF YUMA Prepared by January 2008 Center for Competitiveness and Prosperity Research L. William Seidman Research Institute W. P. Carey School of Business Arizona State University Tempe, Arizona

More information

The Economic Impacts of the Pullman Moscow Airport and Realignment Project

The Economic Impacts of the Pullman Moscow Airport and Realignment Project The Economic Impacts of the Pullman Moscow Airport and Realignment Project And Contribution to the Regional Economy Sponsored by Pullman Moscow Regional Airport DATE March 3, 2016 PRODUCED BY Steven Peterson

More information

Demographic and Economic Data for Ocean Beach Hospital and Medical Clinics in Pacific County, Washington

Demographic and Economic Data for Ocean Beach Hospital and Medical Clinics in Pacific County, Washington R H W Community Needs Assessment Template National Center for Rural Health Works Demographic and Economic Data for Ocean Beach Hospital and Medical Clinics in Pacific County, Washington Facilitated by:

More information

An Economic Impact Analysis of Entergy Operations in Mississippi

An Economic Impact Analysis of Entergy Operations in Mississippi An Economic Impact Analysis of Entergy Operations in Mississippi 2012 Prepared by Table of Contents Introduction......3 Scope of Study....3 Method of Estimation.. 4 Company Overview..... 5 Economic Impact

More information

College Park Latitude: 28.571156 Edgewater Dr & W Princeton St, Orlando, FL 32804 Longitude: -81.38947 Ring: 1.5 Miles

College Park Latitude: 28.571156 Edgewater Dr & W Princeton St, Orlando, FL 32804 Longitude: -81.38947 Ring: 1.5 Miles Site Map 2010 ESRI 3/03/2011 Page 1 of 1 Traffic Count Map College Park Edgewater Dr & W Princeton St, Orlando, FL 32804 Latitude: 28.571156 Longitude: -81.38947 Source: 2010 MPSI Systems Inc. d.b.a. DataMetrix

More information

WM RECYCLE AMERICA, L.L.C.

WM RECYCLE AMERICA, L.L.C. WM RECYCLE AMERICA, L.L.C. CITY OF SPOKANE MRF ECONOMIC IMPACT STUDY Conducted by: BUSINESS RESEARCH DIVISION Leeds School of Business University of Colorado at Boulder 420 UCB Boulder, CO 80309-0420 Telephone:

More information

Rhode Island. A publication of the Labor Market Information Unit

Rhode Island. A publication of the Labor Market Information Unit Rhode Island Employment & Wage Analysis 2015 A publication of the Labor Market Information Unit Summary of Findings The annual Rhode Island Employment and Wage Analysis report highlights Rhode Island s

More information

THE ECONOMIC IMPACT OF AEROSPACE AND DEFENSE FIRMS ON THE STATE OF ARIZONA

THE ECONOMIC IMPACT OF AEROSPACE AND DEFENSE FIRMS ON THE STATE OF ARIZONA THE ECONOMIC IMPACT OF AEROSPACE AND DEFENSE FIRMS ON THE STATE OF ARIZONA Final Report September 2010 L. William Seidman Research Institute W. P. Carey School of Business Arizona State University Tempe,

More information

Miami County, Kansas. Employment and Workforce Profile. June 2016. 2014 Population: 32,822 Median Household Income: $60,622 Area: 590 square miles

Miami County, Kansas. Employment and Workforce Profile. June 2016. 2014 Population: 32,822 Median Household Income: $60,622 Area: 590 square miles Employment and Workforce Profile Miami County, Kansas June 2016 CONTACT Janet McRae Miami County Economic Development Director 201 S. Pearl, Suite 202 Paola, KS 66071 Phone: 913-294-4045 Fax: 913-294-9163

More information

WELLESLEY COLLEGE TRAVEL POLICIES AND PROCEDURES

WELLESLEY COLLEGE TRAVEL POLICIES AND PROCEDURES WELLESLEY COLLEGE TRAVEL POLICIES AND PROCEDURES The purpose of this document is to establish and communicate equitable standards and effective procedures for reducing travel costs while complying with

More information

COMMERCIAL AND GENERAL AVIATION

COMMERCIAL AND GENERAL AVIATION Existing Facilities Melbourne International Airport is served by three runways and a number of airside and landside facilities. The runways include Runway 05/23 (3,001 feet long by 75 feet wide), Runway

More information

Park County, Wyoming. County Profile. Population Distribution. 2007 Distribution by Age by Sex. Household Income 2006

Park County, Wyoming. County Profile. Population Distribution. 2007 Distribution by Age by Sex. Household Income 2006 2007 Population: 27,073 Land Area: 6,942 sq. mi. Persons per sq. mi.: 3.89 County Seat: Cody (pop. 9,187) Source: Wyoming Economic Analysis Division, July 2007 Population Distribution Age 2007 estimate

More information

Virginia. Private and Public Educational Services Profile

Virginia. Private and Public Educational Services Profile Virginia Private and Public Educational Services Profile March 2015 For additional information or explanation of the contents of this document, you may contact the Economic/Operations Research section

More information

Photo: James Horan Courtesy Destination New South Wales. Blue Mountains Tourism Industry Profile. Issue 1: 2014/15

Photo: James Horan Courtesy Destination New South Wales. Blue Mountains Tourism Industry Profile. Issue 1: 2014/15 Photo: James Horan Courtesy Destination New South Wales Blue Mountains Tourism Industry Profile Issue 1: 2014/15 1 BELL MT TOMAH MT WILSON MT IRVINE BILPIN BERAMBING MEGALONG VALLEY MT VICTORIA BLACKHEATH

More information

Changes in Self-Employment: 2010 to 2011

Changes in Self-Employment: 2010 to 2011 Changes in Self-Employment: 2010 to 2011 American Community Survey Briefs By China Layne Issued January 2013 ACSBR/11-21 INTRODUCTION From December 2007 to June 2009, the United States experienced an economic

More information

Survey of Business Owners Veteran-Owned Firms

Survey of Business Owners Veteran-Owned Firms Survey of Business Owners Veteran-Owned Firms Interagency Task Force on Veterans Small Business Development Meeting March 10, 2016 Presented by: Naomi Blackman, US Census Bureau Agenda Survey of Business

More information

SELECTED POPULATION PROFILE IN THE UNITED STATES. 2013 American Community Survey 1-Year Estimates

SELECTED POPULATION PROFILE IN THE UNITED STATES. 2013 American Community Survey 1-Year Estimates S0201 SELECTED POPULATION PROFILE IN THE UNITED STATES 2013 American Community Survey 1-Year Estimates Supporting documentation on code lists, subject definitions, data accuracy, and statistical testing

More information

THE ECONOMIC IMPACT OF THE WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY

THE ECONOMIC IMPACT OF THE WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY Information Analytics Expertise 23 SEPT 2014 Washington Higher Education Faculties Authority THE ECONOMIC IMPACT OF THE WASHINGTON HIGHER EDUCATION FACILITIES AUTHORITY James Diffley, Senior Director,

More information

The economic impact of Minnesota State Colleges and Universities

The economic impact of Minnesota State Colleges and Universities The economic impact of Minnesota State Colleges and Universities F E B R U A R Y 2 0 1 3 The economic impact of Minnesota State Colleges and Universities February 2013 Prepared by: Jose Y. Diaz and Gabriel

More information

Nebraska Department of Economic Development. Angel Investment Tax Credit. Qualified Small Business Certification Application Form.

Nebraska Department of Economic Development. Angel Investment Tax Credit. Qualified Small Business Certification Application Form. Form NDEDQSB Nebraska Department of Economic Development Angel Investment Tax Credit Qualified Small Business Certification Application Form Section I. Business name and identifying information Legal Name

More information

Impact of Tourism on Community Life in Dare County Executive Summary

Impact of Tourism on Community Life in Dare County Executive Summary Impact of Tourism on Community Life in Dare County Executive Summary Study Team Patrick Long, Director, Center for Sustainable Tourism Huili Hao, Director of Research, Center for Sustainable Tourism James

More information

JOB OPENINGS AND LABOR TURNOVER APRIL 2015

JOB OPENINGS AND LABOR TURNOVER APRIL 2015 For release 10:00 a.m. (EDT) Tuesday, June 9, Technical information: (202) 691-5870 JoltsInfo@bls.gov www.bls.gov/jlt Media contact: (202) 691-5902 PressOffice@bls.gov USDL-15-1131 JOB OPENINGS AND LABOR

More information

San Antonio, Texas. Summary. Housing Market Area. Market Details. Economy. Rental Market. Sales Market

San Antonio, Texas. Summary. Housing Market Area. Market Details. Economy. Rental Market. Sales Market COMPREHENSIVE HOUSING MARKET ANALYSIS San Antonio, Texas U.S. Department of Housing and Urban Development Office of Policy Development and Research As of October 1, 2008 Summary Housing Market Area Kerr

More information

Calgary Small Businesses: Fact Sheet

Calgary Small Businesses: Fact Sheet Calgary Small Businesses: Fact Sheet Calgary small businesses account for nearly 95 per cent of all businesses they are a driving force within the city s business community. Small business owners have

More information