Community-level economic impact of J.D. Irving, Limited Companies in Maine

Size: px
Start display at page:

Download "Community-level economic impact of J.D. Irving, Limited Companies in Maine"

Transcription

1 Community-level economic impact of J.D. Irving, Limited Companies in Maine July 2013

2 Introduction The purpose of this report is to summarize J.D. Irving, Limited s (JDI) economic impacts across Maine and in the communities in which it has major operations. JDI is an important private sector engine for the Maine economy. The company has facilities in six communities around Maine. These subsidiaries operate in a mix of industries including: forestry & logging, manufacturing, rail transportation and agriculture supplies and services. J.D. Irving, Limited Operations In Maine This report looks at several economic indicators including: Total direct employment* Total contractor employment* Estimated indirect and induced employment impacts J.D. Irving, Limited average employee salaries* compared to state average levels Personal income tax and sales tax paid estimates (direct, indirect and induced) Household property tax estimates (direct, indirect and induced) J.D. Irving, Limited corporate property taxes paid Estimated local area spending impacts on major expenditure categories such as food, housing, clothing, etc. Estimated employee contributions to charitable activities Irving Woodlands JDI Dixfield sawmill EMR Cavendish Agri Inc. Cavendish Farms Capital investment in JDI facilities* Company purchases * *Supplied by the company (2012 data). **See Appendix A for a definition of direct, indirect and induced economic impacts. Page 2

3 Community Maine Dixfield Northern GDP, Employment & Income Impacts Contractor payments $ 42,451,007 - $ 42,451,007 Contractors Total Employees (Direct) Indirect employment 1, Total employment 1, ,143 Direct wages $ 18,462,198 $ 9,095,934 $ 9,366,264 JDI average wage premium (as a % of the Maine average wage) +20% +15% +26% Indirect Employment Income $ 61,619,468 $ 26,319,995 $ 35,299,473 Total Employment Income $ 80,081,666 $ 35,415,930 $ 44,665,736 Tax Impacts: JDI property taxes $ 2,619,933 $ 251,117 $ 2,368,816 Total personal property tax $ 2,734,948 $ 1,204,142 $ 1,530,807 Total personal income tax $ 7,414,119 $ 2,564,347 $ 4,849,773 Maine sales tax $ 3,290,400 $ 1,487,469 $ 1,802,931 Total est. taxes generated $ 16,059,401 $ 5,507,074 $ 10,552,326 Total Consumer Spending (direct & indirect) Total Consumer Spending $ 62,223,455 $ 27,518,177 $ 34,705,277 Housing $ 20,196,867 $ 8,932,017 $ 11,264,850 Food $ 8,061,904 $ 3,565,358 $ 4,496,546 Transportation $ 10,250,453 $ 4,533,239 $ 5,717,214 Recreation $ 3,523,593 $ 1,558,301 $ 1,965,292 Charitable giving $ 2,242,287 $ 991,646 $ 1,250,641 Utilities spending: Electricity $ 1,726,436 $ 1,372,132 $ 354,304 Water and sewer 50,667 29,014 21,653 Total utilities 1,777,103 $ 1,401,146 $ 375,957 Wood purchases $ 27,609,388 Other local purchases 12,485,241 Total local purchases $ 40,094,629 Capital expenditures $ 35,701,790 $ 6,097,411 $ 29,604,379 Page 3

4 Appendix A: Sources and Methodology The Economic Impact Model: The economic impact model used in this report is based on direct input information provided by J.D. Irving, Limited such as employment, payroll and other spending. It uses the U.S. Bureau of Economic Analysis RIMSII Multiplier tables to derive the direct, indirect and induced economic impacts, using the following parameters: Direct impact measures the value added to the economy from J.D. Irving, Limited that is attributed directly to the sector s employees, the wages earned, and the revenues generated. Indirect impact measures the value added that the direct impact firms generate within the economy through their demand for intermediate inputs or other support services. For example, all of the companies in J.D. Irving, Limited s supply chain within the state. Induced impacts are derived when employees of the aforementioned industries spend their earnings and owners spend their profits. These purchases lead to more employment, higher wages, and increased income and tax revenues, and can be felt across a wide range of industries. The RIMSII tables trace the impact of economic activity (output shock) on the provincial and national economies (including imports and exports). The data is based on existing economic activity patterns in the industries involved in the various states. The RIMSII tables are available at the state level (direct and indirect) and the national level. Statistic/Comparator: Total J.D. Irving employment figures J.D. Irving wage/salary data Description: Supplied by the company (2012 employment). All employee numbers shown as full time equivalents (FTE). Supplied by the company (2012 payroll data). State wage/salary estimates Uses the average weekly earnings (annualized) for all workers in Maine (2012). Source: Maine Department of Labor. Estimated income taxes and sales taxes paid for 2012 Property taxes paid (JDI) Property taxes paid (JDI employees and indirect/induced employment) Local purchases including wood (JDI) IRS Statistics of Income Bulletin Spring Shows average implicit income tax rates by income level. Supplied by the company (2012 data). Derived using the U.S. Bureau of Labor Statistics Consumer Expenditure Survey for Supplied by the company for Capital expenditure data (JDI) Supplied by the company for 2008 to Page 4

5 Statistic/Comparator: Annual earnings by industry Indirect/induced employment estimates Indirect/induced employment income estimates Estimated consumer spending impacts Description: Source: Maine Department of Labor. Average weekly earnings (annualized) for North American Industry Classification System (NAICS) industries. Benchmark industries included: Transportation and warehousing Wood product manufacturing Retail trade Forestry and logging Uses RIMS II economic impact multiplier and impact estimates at the M industry level for Maine. Uses RIMS II economic impact multiplier and impact estimates at the M industry level for Maine. Derived using the U.S. Bureau of Labor Statistics Consumer Expenditure Survey for This includes charitable giving and related payments. Appendix B: About Jupia Consultants Inc. New Brunswick, Canada-based Jupia Consultants Inc. is a full service research and planning support consultancy specializing in the area of economic development. Our lead consultant, David Campbell, has over 20 years experience working with companies, communities, economic development agencies and government departments. He has also completed strategic planning research projects for many corporations including two of the big five banks, a top U.S. medical school, the second largest regional health authority in New Brunswick and two of Canada s largest telecommunications providers. Specific focus areas include: Economic impact assessments Strategic planning Socio-economic and industry profiling Labor market studies and people attraction strategies Competitive intelligence briefings Economic assets portals and analysis Business retention strategies Community branding/marketing Community capacity building Best practices in economic development Downtown development strategies Corporate and competitor profiling Industry reviews Market assessments (geographic and socio-demographic) For more information visit or contact David Campbell at Page 5

VII. DIRECT, INDIRECT, AND INDUCED ECONOMIC IMPACTS OF UC SAN DIEGO

VII. DIRECT, INDIRECT, AND INDUCED ECONOMIC IMPACTS OF UC SAN DIEGO VII. DIRECT, INDIRECT, AND INDUCED ECONOMIC IMPACTS OF UC SAN DIEGO THE CONCEPT OF INDIRECT AND INDUCED ECONOMIC IMPACTS The impact of UC San Diego on the local, regional, and state economies is greater

More information

Small Business Data Assess Your Competition Define Your Customers

Small Business Data Assess Your Competition Define Your Customers Small Business Data Assess Your Competition Define Your Customers Census Bureau Data Can Answer Many Questions What Is Census Bureau Data? Economic / business data Economic Census County Business Patterns

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

International Education in the Comox Valley: Current and Potential Economic Impacts

International Education in the Comox Valley: Current and Potential Economic Impacts International Education in the Comox Valley: Current and Potential Economic Impacts FINAL REPORT March 2012 Prepared by: Vann Struth Consulting Group Inc. Vancouver, BC www.vannstruth.com Prepared for:

More information

an economic impact and future growth study of Ontario s high-value insurance sector

an economic impact and future growth study of Ontario s high-value insurance sector an economic impact and future growth study of Ontario s high-value insurance sector over 300 firms firms with less than 10% employment growth projected over next 3 years firms with more than 10% employment

More information

Fort McPherson. Atlanta, GA MSA. Drivers of Economic Growth February 2014. Prepared By: chmuraecon.com

Fort McPherson. Atlanta, GA MSA. Drivers of Economic Growth February 2014. Prepared By: chmuraecon.com Fort McPherson Atlanta, GA MSA Drivers of Economic Growth February 2014 Diversified and fast-growing economies are more stable and are less sensitive to external economic shocks. This report examines recent

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

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

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

An Economic Impact Analysis.

An Economic Impact Analysis. Briefing August 2013 Making Dollars and Sense of Canada s Mutual Fund Industry An Economic Impact Analysis. At a Glance Canada s mutual fund industry directly created $5.8 billion in real GDP in 2012 on

More information

The economic impact of Normandale Community College

The economic impact of Normandale Community College The economic impact of Normandale Community College F E B R U A R Y 2 0 1 3 The economic impact of February 2013 Prepared by: Jose Y. Diaz and Gabriel Pina Wilder Research 451 Lexington Parkway North Saint

More information

National Income Accounting

National Income Accounting : A set of rules and definitions for measuring economic activity in the aggregate economy (The economy as a whole.) As we noted earlier, the main measure of aggregate economic activity are GDP and GNP

More information

Alberta Economic Multipliers

Alberta Economic Multipliers Alberta Economic Multipliers 2011 Representations and Warranties Government of Alberta, 2015 The information contained in this publication is based on the 2011 Input tables produced by Statistics Canada.

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

planning market analysis & site location services Economic Impact Analysis:

planning market analysis & site location services Economic Impact Analysis: market analysis planning Economic Impact Analysis: The economic benefits achieved in Texas as a result of collecting sales taxes from online-only retailers March 2011 & site location services INTRODUCTION

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

NEW BRUNSWICK S INSURANCE INDUSTRY:

NEW BRUNSWICK S INSURANCE INDUSTRY: NEW BRUNSWICK S INSURANCE INDUSTRY: AN ECONOMIC GROWTH ENGINE Prepared for: Insurance Bureau of Canada Prepared by Jupia Consultants Inc. February 2012 Table of Contents Page 1. Introduction... 3 1.1 Context...

More information

A Labour Economic Profile of New Brunswick

A Labour Economic Profile of New Brunswick A Labour Economic Profile of New Brunswick January 2016 Table of Contents New Brunswick Highlights........................... 2 Current Business Environment....................... 3 GDP Snapshot....................................

More information

Ontario Mining: A Partner in Prosperity Building - The Economic Impacts of a Representative Mine in Ontario

Ontario Mining: A Partner in Prosperity Building - The Economic Impacts of a Representative Mine in Ontario Policy and Economic Analysis Program Institute for Policy Analysis University of Toronto 140 St. George St., Ste 325 Toronto, Ontario M5S 3G6 Final Report December 2007 Ontario Mining: A Partner in Prosperity

More information

The economic impact of Alexandria Technical and Community College

The economic impact of Alexandria Technical and Community College The economic impact of Alexandria Technical and Community College F E B R U A R Y 2 0 1 3 The economic impact of Alexandria Technical and Community College February 2013 Prepared by: Jose Y. Diaz and Gabriel

More information

Economic Impact of the Queen of Peace Hospital and Related Health Sectors of Scott County

Economic Impact of the Queen of Peace Hospital and Related Health Sectors of Scott County Economic Impact of the Queen of Peace Hospital and Related Health Sectors of Scott County March 17, 2011 Minnesota Department of Health- Office of Rural Health and Primary Care The health care sector is

More information

Estimated Economic Impact of Gulf Oil Spill on Virginia s Oyster Industry July 2010

Estimated Economic Impact of Gulf Oil Spill on Virginia s Oyster Industry July 2010 Estimated Economic Impact of Gulf Oil Spill on Virginia s Oyster Industry July 2010 Thomas J. Murray and James E. Kirkley Virginia Institute of Marine Science College of William & Mary Gloucester Point,

More information

2013 Cape Breton Celtic Classic Sydney, Nova Scotia

2013 Cape Breton Celtic Classic Sydney, Nova Scotia 2013 Cape Breton Celtic Classic Sydney, Nova Scotia Economic Impact Assessment December 2013 The following analysis details the economic impact of the PGA Tour of Canada 2013 Cape Breton Celtic Classic

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

Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring Their Contribution to Gross Domestic Product from 2001 to 2008

Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring Their Contribution to Gross Domestic Product from 2001 to 2008 Catalogue no. 11F0027M No. 082 ISSN 1703-0404 ISBN 978-1-100-21432-0 Research Paper Economic Analysis (EA) Research Paper Series Small, Medium-sized, and Large Businesses in the Canadian Economy: Measuring

More information

There are 6 base years in China GDP estimation history. The base year of 1952-1956

There are 6 base years in China GDP estimation history. The base year of 1952-1956 Improvement in Real GDP Estimation by Production Approach Zhang Dongyou 1. Summarize As GDP estimation at current price, production approach for China GDP estimation at constant price which based on National

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

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

Economic Impact of Trade & Consumer Shows

Economic Impact of Trade & Consumer Shows Economic Impact of Trade & Consumer Shows R ESEARCH C ONDUCTED BY M ARION J OPPE, P H.D. HS CHRIS C HOI, P H.D. D ONGKOO YUN, P H.D. ON BEHALF OF TOURISM TORONTO IN PARTNERSHIP WITH INTERNATIONAL CENTRE,

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 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

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

Estimating the Effects of Spending

Estimating the Effects of Spending Economic Impacts of Protecting Rivers, Trails, and Greenway Corridors Estimating the Effects of Spending Contents Page Direct, Indirect, and Induced Effects 6-3 Multipliers 6-5 Economic Impact Models 6-7

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

The economic impact of Inver Hills Community College

The economic impact of Inver Hills Community College The economic impact of Inver Hills Community College M A Y 2 0 1 3 The economic impact of May 2013 Prepared by: Jose Y. Diaz and Gabriel Pina Wilder Research 451 Lexington Parkway North Saint Paul, Minnesota

More information

DRAFT. All NAICS. 3-Digit NAICS BP C 3 P 76 X 0 BP C 0 P 0 X 2 OC C 29 P 44 X 35 OC C 0 P 0 X 2 MH C 96 MH C 8 P 37 X 62 P 1107 X 587

DRAFT. All NAICS. 3-Digit NAICS BP C 3 P 76 X 0 BP C 0 P 0 X 2 OC C 29 P 44 X 35 OC C 0 P 0 X 2 MH C 96 MH C 8 P 37 X 62 P 1107 X 587 All NAICS 3-Digit NAICS BP C 3 P 76 X 0 OC C 29 P 44 X 35 MH C 96 P 1107 X 587 BP C 0 P 0 X 2 OC C 0 P 0 X 2 MH C 8 P 37 X 62 ML C 66 P 958 X 772 ML C 4 P 34 X 69 A. Resource Uses. 11 Agriculture, Forestry,

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

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

LABOUR PRODUCTIVITY AND UNIT LABOUR COST Economic development Employment Core indicator

LABOUR PRODUCTIVITY AND UNIT LABOUR COST Economic development Employment Core indicator LABOUR PRODUCTIVITY AND UNIT LABOUR COST Economic development Employment Core indicator 1. INDICATOR (a) Name: Labour productivity and unit labour costs. (b) Brief Definition: Labour productivity is defined

More information

Recent years have brought many changes

Recent years have brought many changes Implementing the North American Industry Classification System at BLS This new classification system is a more viable way of classifying industries and tracking new businesses and changes in economic activity;

More information

Analytical Techniques for Community Economic Development

Analytical Techniques for Community Economic Development Analytical Techniques for Community Economic Development Economic development planning requires information and a detailed analytical understanding about the community. Community Involvement Community

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

Workplace Injuries and Illnesses Safety (WIIS) Report

Workplace Injuries and Illnesses Safety (WIIS) Report Workplace Injuries and Illnesses Safety (WIIS) Report by the U.S. Oil and Natural Gas Industry This report covers only the rates of injuries and illnesses as published by the BLS. 2003 2013 Workplace Injuries

More information

The economic impact of Minnesota State Community and Technical College

The economic impact of Minnesota State Community and Technical College The economic impact of Minnesota State Community and Technical College F E B R U A R Y 2 0 1 3 The economic impact of Minnesota State Community and Technical College February 2013 Prepared by: Jose Y.

More information

The economic impact of Dakota County Technical College

The economic impact of Dakota County Technical College The economic impact of Dakota County Technical College F E B R U A R Y 2 0 1 3 The economic impact of February 2013 Prepared by: Jose Y. Diaz and Gabriel Pina Wilder Research 451 Lexington Parkway North

More information

These data were developed in cooperation with, and partially funded by, the Office of Advocacy of the U.S. Small Business Administration (SBA)

These data were developed in cooperation with, and partially funded by, the Office of Advocacy of the U.S. Small Business Administration (SBA) Introduction Statistics of U.S. Businesses (SUSB) is an annual series that provides national and subnational data on the distribution of economic data by enterprise size and industry. SUSB covers most

More information

Labor Force Analysis

Labor Force Analysis Labor Force Analysis Greater Concordia Area and Cloud County, Kansas October 2012 Prepared by Center for Economic Development and Business Research W. Frank Barton School of Business Wichita State University

More information

The economic impact of Saint Paul College

The economic impact of Saint Paul College The economic impact of M A R C H 2 0 1 3 The economic impact of March 2013 Prepared by: Jose Y. Diaz and Gabriel Pina Wilder Research 451 Lexington Parkway North Saint Paul, Minnesota 55104 651-280-2700

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

The economic impact of Minnesota State University, Mankato

The economic impact of Minnesota State University, Mankato The economic impact of Minnesota State University, Mankato F E B R U A R Y 2 0 1 3 The economic impact of Minnesota State University, Mankato February 2013 Prepared by: Jose Y. Diaz and Gabriel Pina Wilder

More information

Sources United States-NAICS based

Sources United States-NAICS based Sources United States-NAICS based The basic building blocks for a KLEMS productivity database for the U.S. are the annual industry accounts for the United States provided by the BEA. Beginning with 1998,

More information

Impact of Agriculture on Wyoming's Economy By Brett R. Moline, Research Associate Robert R. Fletcher, Professor David T.

Impact of Agriculture on Wyoming's Economy By Brett R. Moline, Research Associate Robert R. Fletcher, Professor David T. Impact of Agriculture on Wyoming's Economy By Brett R. Moline, Research Associate Robert R. Fletcher, Professor David T. Taylor, Professor Cooperative Extension Service Department of Agricultural Economics

More information

Saskatchewan Small Business Profile 2015

Saskatchewan Small Business Profile 2015 Saskatchewan Small Business Profile 2015 October 2015 Ministry of the Economy Performance and Strategic Initiatives Division economy.gov.sk.ca Table of Contents INTRODUCTION... 1 KEY FACTS... 3 1. SMALL

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

Operating revenue for the accounting services industry totaled $15.0 billion, up 4.8% from 2011.

Operating revenue for the accounting services industry totaled $15.0 billion, up 4.8% from 2011. Catalogue no. 63-256-X. Service bulletin Accounting Services 2012. Highlights Operating revenue for the accounting services industry totaled $15.0 billion, up 4.8% from 2011. Accounting, bookkeeping and

More information

August, 2005 A COMPARISON OF THE BUSINESS REGISTERS USED BY THE BUREAU OF LABOR STATISTICS AND THE BUREAU OF THE CENSUS

August, 2005 A COMPARISON OF THE BUSINESS REGISTERS USED BY THE BUREAU OF LABOR STATISTICS AND THE BUREAU OF THE CENSUS August, 2005 A COMPARISON OF THE BUSINESS REGISTERS USED BY THE BUREAU OF LABOR STATISTICS AND THE BUREAU OF THE CENSUS AUTHORS: Randy Becker, Joel Elvery, Lucia Foster, C.J. Krizan, Sang Nguyen, and David

More information

NEW YORK DBL BENEFITS FROM THE HARTFORD.

NEW YORK DBL BENEFITS FROM THE HARTFORD. GROUP BENEFITS Rate guide: Effective February 1, 2012 NEW YORK DBL BENEFITS FROM THE HARTFORD. More disability benefit choices for NY employers with 10 to 99 employees. THE HARTFORD EXPANDS NY DISABILITY

More information

The economic impact of Winona State University

The economic impact of Winona State University The economic impact of Winona State University F E B R U A R Y 2 0 1 3 The economic impact of February 2013 Prepared by: Jose Y. Diaz and Gabriel Pina Wilder Research 451 Lexington Parkway North Saint

More information

Assessment of the Economic Benefits of Offshore Wind in the Mid-Atlantic

Assessment of the Economic Benefits of Offshore Wind in the Mid-Atlantic Assessment of the Economic Benefits of Offshore Wind in the Mid-Atlantic February 2012 Delivered to: Overview Impact Results New Jersey Tipping Point Discussion Economic Impact Results Review Summary results

More information

The Economic Impact of Texas State University-San Marcos

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

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

Overview of GDP Compilation Practises

Overview of GDP Compilation Practises Overview of GDP Compilation Practises Willie Lahari Ministry of Finance and Treasury/RAMSI PO Box G6, Honiara, Solomon Islands Email: wlahari@mof.gov.sb PFTAC Central Bank Training 2011, Suva August 15-19,

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

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

Workplace Injuries and Illnesses Safety (WIIS) Report

Workplace Injuries and Illnesses Safety (WIIS) Report Workplace Injuries and Illnesses Safety (WIIS) Report by the U.S. Oil and Natural Gas Industry 2005 2014 This report covers only the rates of injuries and illnesses as published by the BLS. Workplace Injuries

More information

STATISTICAL BRIEF #98

STATISTICAL BRIEF #98 Agency for Healthcare Medical Expenditure Panel Survey Research and Quality STATISTICAL BRIEF #98 September 5 Costs to small private sector employers who offered employer-spon- sored health insurance to

More information

2012 The Economic Role of Oklahoma s Child Care Industry

2012 The Economic Role of Oklahoma s Child Care Industry 2012 The Economic Role of Oklahoma s Child Care Industry Funded by: Potts Family Foundation Contents Introduction: The Economic Role of Child Care in Oklahoma... 1 The Economics of Child Care... 1 Measuring

More information

Serving the Community Well:

Serving the Community Well: Serving the Community Well: The Economic Impact of Wichita s Health Care and Related Industries 2014 Prepared for the Physicians who care for our patients, our community and our profession Economic impact

More information

The Economic Impact of Health Services on the Economy of Sumter County, Alabama

The Economic Impact of Health Services on the Economy of Sumter County, Alabama The Economic Impact of Health Services on the Economy of Sumter County, Alabama Hospitals Nursing Homes Physicians, Dentists, Etc. Pharmacies Other Services Prepared by: National Center for Rural Health

More information

VERMONT UNEMPLOYMENT INSURANCE WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY CALENDAR YEAR 2014

VERMONT UNEMPLOYMENT INSURANCE WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY CALENDAR YEAR 2014 WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY Vermont Department of Labor VERMONT UNEMPLOYMENT INSURANCE PROGRAM WAGES, BENEFITS, CONTRIBUTIONS AND EMPLOYMENT BY INDUSTRY Visit us at our web

More information

PRINEVILLE DATA CENTER

PRINEVILLE DATA CENTER PRINEVILLE DATA CENTER Economic and Fiscal Impact Study EXECUTIVE SUMMARY PREPARED BY: KEY TERMS Direct Spending and employment that occurs at the site location of the business. For example, the jobs on

More information

Automotive Equipment Rental and Leasing

Automotive Equipment Rental and Leasing Catalogue no. 63-242-X. Service bulletin Automotive Equipment Rental and Leasing 2011. Highlights In 2011, operating revenues of the automotive equipment rental and leasing industry totalled $5.3 billion,

More information

Software Development and Computer Services

Software Development and Computer Services Catalogue no. 63-255-X. Service bulletin Software Development and Computer Services 2011. Highlights revenue in the Canadian software development and computer services industry group increased by 9.5%

More information

Industry Clusters in New York s Economy: A Statewide and Regional Analysis

Industry Clusters in New York s Economy: A Statewide and Regional Analysis Industry Clusters in New York s Economy: A Statewide and Regional Analysis October 2012 New York State Department of Labor Division of Research and Statistics Bureau of Labor Market Information Peter M.

More information

Software Development and Computer Services

Software Development and Computer Services Catalogue no. 63-255-X. Service bulletin Software Development and Computer Services 2012. Highlights revenue generated by businesses in the software development and computer services industry advanced

More information

Appendix A Employment Generation Report

Appendix A Employment Generation Report Appendix A Employment Generation Report I. INTRODUCTION The purpose of this report is to present preliminary information regarding the potential new employment that could be generated from proposed redevelopment

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

The Value of Ski Areas to the British Columbia Economy Phase Two: All Alpine Ski Areas

The Value of Ski Areas to the British Columbia Economy Phase Two: All Alpine Ski Areas The Value of Ski Areas to the British Columbia Economy Phase Two: All Alpine Ski Areas Table of Contents 1. Acknowledgements... 3 2. Executive Summary... 4 3. Introduction... 6 4. Project Rationale...

More information

U.S. CHILD DAY CARE SERVICES: AN INDUSTRY ANALYSIS (7th Edition - May 2010)

U.S. CHILD DAY CARE SERVICES: AN INDUSTRY ANALYSIS (7th Edition - May 2010) U.S. CHILD DAY CARE SERVICES: AN INDUSTRY ANALYSIS (7th Edition - May 2010) TABLE OF CONTENTS: Page Introduction - Study Scope, Methodology, Sources Used 1-6 Nature of the Business 7-11 Executive Overview

More information

New Jersey Private Sector Employment Up by 57,500 Jobs Over the Past Year Preliminary Data: July Employment Contracts

New Jersey Private Sector Employment Up by 57,500 Jobs Over the Past Year Preliminary Data: July Employment Contracts Media Contact Amanda Pisano 609-984-2841 EMAIL: MediaCalls@dol.state.nj.us New Jersey Private Sector Employment Up by 57,500 Jobs Over the Past Year Preliminary Data: July Employment Contracts TRENTON,

More information

Impacts of CarePoint Health Operating and Capital Expenditures on the Economy of Hudson County and the State of New Jersey

Impacts of CarePoint Health Operating and Capital Expenditures on the Economy of Hudson County and the State of New Jersey Impacts of CarePoint Health Operating and Capital Expenditures on the Economy of Hudson County and the State of New Jersey Submitted to: CarePoint Health February 2015 Joseph J. Seneca, Michael L. Lahr,

More information

THE ECONOMIC IMPACT OF THE BEER INDUSTRY IN SOUTH CAROLINA

THE ECONOMIC IMPACT OF THE BEER INDUSTRY IN SOUTH CAROLINA THE ECONOMIC IMPACT OF THE BEER INDUSTRY IN SOUTH CAROLINA Supported by The South Carolina Beer Association Division of Research March 2003 EXECUTIVE SUMMARY THE ECONOMIC IMPACT OF THE BEER INDUSTRY IN

More information

Viet Vu. 9 April 2012

Viet Vu. 9 April 2012 Technical Report International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, Beijing, China, 26-28 March 2012 Viet Vu 9 April 2012 This report focuses mainly on

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

A PROTOTYPE INDUSTRY-LEVEL PRODUCTION ACCOUNT FOR THE UNITED STATES, 1947-2010

A PROTOTYPE INDUSTRY-LEVEL PRODUCTION ACCOUNT FOR THE UNITED STATES, 1947-2010 A PROTOTYPE INDUSTRY-LEVEL PRODUCTION ACCOUNT FOR THE UNITED STATES, 1947-2010 by Dale W. Jorgenson Harvard University http://economics.harvard.edu/faculty/jorgenson/ WIOD Conference: Causes and Consequences

More information

Statistical Profile of Lunenburg County

Statistical Profile of Lunenburg County Statistical Profile of Lunenburg County Prepared by the Nova Scotia Federation of Agriculture 1 Contents 1.0 Introduction... 2 Agriculture in the Local Economy... 2 2.0 Population and Population Change...

More information

Eli Lilly. and Company. in Indiana

Eli Lilly. and Company. in Indiana Economic Eli Lilly Impact of and Company in Indiana The Economic Impact of Eli Lilly and Company on the State of Indiana and the Indianapolis-Carmel Metropolitan Statistical Area June 2009 Prepared by

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

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

On March 11, 2010, President Barack

On March 11, 2010, President Barack U.S. Department of Commerce International Trade Administration Introduction Exports Support American Jobs Updated measure will quantify progress as global economy recovers. On March 11, 21, President Barack

More information

U.S. EXPERIENCE WITH AUXILIARY UNITS UNDER THE NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM

U.S. EXPERIENCE WITH AUXILIARY UNITS UNDER THE NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM ESA/STAT/AC.105/6 DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS STATISTICS DIVISION UNITED NATIONS Expert Group Meeting on Industrial Statistics New York, 19-23 September 2005 Two United Nations Plaza, Conference

More information

New tax relief aimed at stimulating R&D activities of enterprises and increasing payroll figures in the sector

New tax relief aimed at stimulating R&D activities of enterprises and increasing payroll figures in the sector New tax relief aimed at stimulating R&D activities of enterprises and increasing payroll figures in the sector Economic policy projections focus on growth and increasing employment. Economic development

More information

Effective Federal Income Tax Rates Faced By Small Businesses in the United States

Effective Federal Income Tax Rates Faced By Small Businesses in the United States Effective Federal Income Tax Rates Faced By Small Businesses in the United States by Quantria Strategies, LLC Cheverly, MD 20785 for Under contract number SBAHQ-07-Q-0012 Release Date: April 2009 This

More information

Missouri Soybean Economic Impact Report

Missouri Soybean Economic Impact Report Missouri Soybean Economic Report State Analysis March 2014 The following soybean economic impact values were estimated by Value Ag, LLC, as part of a Missouri Soybean Merchandising Council funded project.

More information

A Lee County Economic Impact Study Prepared for

A Lee County Economic Impact Study Prepared for A Lee County Economic Impact Study Prepared for PRIVATE EQUITY GROUP, LLC Dr. Gary Jackson Director, Regional Economic Research Institute Lutgert College of Business Florida Gulf Coast University January

More information

Economic Impact of The Charleston International Airport Complex

Economic Impact of The Charleston International Airport Complex 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 Economic Impact

More information

Ontario Agri Business Association Economic Impact Analysis Executive Summary

Ontario Agri Business Association Economic Impact Analysis Executive Summary Ontario Agri Business Association Economic Impact Analysis Executive Summary Prepared by: MNP LLP October, 2013 INTRODUCTION The Ontario Agri Business Association (OABA) commissioned MNP LLP (MNP) to carry

More information

IMPACT OF THE HOMECARE AND HOSPICE INDUSTRY ON PENNSYLVANIA S ECONOMY

IMPACT OF THE HOMECARE AND HOSPICE INDUSTRY ON PENNSYLVANIA S ECONOMY IMPACT OF THE HOMECARE AND INDUSTRY ON PENNSYLVANIA S ECONOMY OCTOBER 2013 Prepared by: APPENDIX A: DEFINITION OF ECONOMIC IMPACT TERMS Study Year Fiscal Year 2012 (FY 12) APPENDIX B: DEFINITION OF INDUSTRY

More information

II. WAGE AND SALARY DISBURSEMENTS

II. WAGE AND SALARY DISBURSEMENTS II. WAGE AND SALARY DISBURSEMENTS Wage and salary disbursements consist of the monetary remuneration of employees (including the salaries of corporate officers, commissions, tips, bonuses, and severance

More information

21 - MINING. 42 0.87% 221 Utilities 42 0.87% 6,152 0.68 23 - CONSTRUCTION

21 - MINING. 42 0.87% 221 Utilities 42 0.87% 6,152 0.68 23 - CONSTRUCTION Total of State, Local Government and Private Sector 11 - AGRICULTURE, FORESTRY, FISHING & HUNTING 21 - MINING 4,824 71 1.47% 111 Crop Production 24 0.50% 2,754 0.87 112 Animal Production 35 0.73% 5,402

More information