Coastal Restoration Spending in Louisiana Economic Impact Analysis

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Coastal Restoration Spending in Louisiana Economic Impact Analysis"

Transcription

1 Coastal Restoration Spending in Louisiana Economic Impact Analysis Louisiana Workforce Commission September 2011

2 In 2009, Louisiana and Mississippi partnered to research economic development opportunities and workforce needs associated with the region s green economy. Through a $2.3 million grant from the U.S. Department of Labor, a consortium of the Louisiana Workforce Commission, Louisiana State University, Mississippi Department of Employment Security, and Mississippi State University conducted an extensive study of economic activity that is beneficial to the environment. This and other research products were developed as part of that effort. This workforce solution was funded by a grant awarded by the U.S. Department of Labor s Employment and Training Administration. The solution was created by the grantee and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This solution is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.

3 Economic Impact Analysis Executive Summary...ii Introduction...1 Economic Impact...1 Conclusion...6 Notes...7 Contents Tables and Figures Table 1: 2010 Impact Summary... 4 Table 2: Future Low Spending Scenario Impact Summary... 5 Table 3: Future High Spending Scenario Impact Summary... 5 On the cover: aerial photo of coastal protection barriers along barrier islands in coastal Louisiana. Photo: Tim Carruthers, IAN Image Library (ian.umces.edu/imagelibrary/) i

4 Coastal Restoration Spending in Louisiana This report summarizes an analysis of the economic impact of coastal restoration spending in Louisiana. The analysis includes an estimate of spending during 2010 and two future funding scenarios based on low and high estimates of future levels of funding. The results for direct and indirect jobs characterize the magnitude of the contribution of spending on coastal restoration projects in Louisiana to the state s economy and an upper bound to its contribution to the green economy. Direct and indirect jobs in an economic impact analysis, however, do not align directly with the definitions of primary and support green jobs used elsewhere in the study of Louisiana s green economy. Spending in Louisiana on coastal restoration was estimated to be $618 million in Executive Summary 4,880 direct jobs and an additional 4,020 indirect jobs were associated with expenditures on coastal restoration in 2010, for a total impact of 8,900 Louisiana jobs. Future annual spending on coastal restoration in Louisiana was characterized by a low spending scenario of $400 million and a high spending scenario of $750 million. Accounting for both direct and indirect economic impacts, coastal restoration spending in future years would translate into roughly 5,500-10,300 jobs, $270-$520 million in wages and $720 million-$1.35 billion in sales per year, based on the two future funding scenarios. Average annual earnings of direct jobs will be approximately $56,000 per year. This is roughly 50 percent higher than the Louisiana average annual earnings across all jobs of $36,610. The average after including indirect jobs created in Louisiana by coastal restoration spending is approximately $50,000 per year, which is a third higher than the state average. ii

5 Economic Impact Analysis Introduction Economic Impact As part of the overall research effort to quantify and characterize the green economy in Louisiana, the economic impact of coastal restoration spending in the state was investigated. Louisiana s wetland loss accounts for more than 90 percent of all wetland loss in the continental United States and the highest rate of land loss in the world. 1 A variety of factors contribute to this incredible loss of wetlands from natural processes like hurricanes and sea level rise to direct human efforts such as dredging, levee and dam building, and the construction of transportation channels for ships and oil and gas pipelines. 2 The land loss created by this confluence of factors has led to a significant response by federal, state and local governments to conserve this natural resource, which in turn has provided a significant and unique contribution to Louisiana s green economy. This study seeks to measure how investments in Louisiana s coastline have added value to the Louisiana economy and created jobs, wages and output. Projects that are prominent in coastal restoration include marsh creation, shoreline protection, river diversions and beneficial use of dredging materials. The largest component of coastal restoration projects in terms of spending is construction. However, coastal restoration projects require significant planning and design in the developmental stages. After construction has been completed, restoration projects also often require operation, maintenance and monitoring, which lead to additional expenditures. The economic impact of spending in all phases of these projects was considered. Once completed, these coastal restoration projects have additional benefits including direct benefits to the environment and indirect benefits to the state through ecosystem services, such as hurricane protection and the protection of critical infrastructure. However, quantifying the impact of these additional benefits was beyond the scope of this study. An injection of dollars into an economy ripples throughout that economy. Spending on coastal restoration projects directly creates output in the state. Area businesses that benefit from that investment will in turn hire additional workers. Spending by those businesses and their employees then creates another round of sales, or output, for other businesses, and the process continues. Economic impact analysis provides the tools to quantify the full impact of these ripples in an economy using jobs, earnings and output multipliers. IMPLAN 3.0 software and statewide multipliers allow us to quantify the full impact of the coastal restoration spending included in this analysis in Louisiana s economy. The four major components of an impact analysis are the scale of the activity (measured by spending or employment), geography, type of activity and timing. The scale of activity is characterized in this study by projections for state spending and federal matching dollars from prominent programs that fund coastal restoration projects. The geographic area of interest for this impact study is the entire state of Louisiana. While construction activities are clustered in the southern part of the state, other phases of restoration projects can occur 1

6 Coastal Restoration Spending in Louisiana Dredge at work on the Bayou Dupont sediment diversion in Plaquemines Parish, where more than 500 acres of new marsh were created using dredged sediment piped in from the Mississippi River. Photo: elsewhere, and the indirect and induced effects can be seen throughout the state. Based on a review of the share of spending devoted to the various project phases, expenditures were assigned to industries using the North American Industry Classification System (NAICS) to reflect the types of activities in this study. The timing of interest is spending that occurred in Louisiana s 2010 fiscal year, as well as a hypothetical future period within the next decade characterized by scenarios for a high and a low level of spending on coastal restoration. Because actual expenditures for all coastal restoration projects are not reported in a centralized location, projected state expenditures were used as a basis of the study. The 2010 Annual Plan of the Coastal Protection and Restoration Authority of Louisiana (CPRA) presents projected state expenditures for the 2010 fiscal year of $478 million on coastal projects (excluding the Hurricane and Storm Damage Risk Reduction System). 3 In addition to the state expenditures included in that total, two funding sources also benefit from federal matching dollars: the Coastal and Wetland Planning, Protection and Restoration Act (CWPPRA) and the Water Resource Development Act (WRDA). Also, some engineering and design work is currently done out of state, and the projected Louisiana spending was reduced accordingly. After accounting for these adjustments, the projected level of expenditures in Louisiana for 2010 increases to $618 million. Several important qualifications of that projection should be made. First, the figure is a representation of expected spending based on historical expenditures and planned projects at the time the CPRA Annual Plan was published. However, that total amount of money may 2

7 Economic Impact Analysis not have been spent in 2010 due to delays or differences in timing between allocations of funds and spending in the economy. Also, some of the expenditures included in that total represent infrastructure improvement projects that may not qualify as coastal restoration within the overarching scope of the Louisiana green jobs study. Working in the opposite direction, there is also spending on coastal restoration that was not captured in this study, including parish-only projects and beneficial use of dredged material that is sometimes supported through the U.S. Army Corp of Engineers budget. In addition, there is output created by researchers and non-governmental organizations in support of coastal restoration that is not captured by these estimates and therefore not reflected in the estimates presented below. In future years, analogous projections of expenditures are anticipated to range from $400 million to $750 million. 4 Because most of this funding comes from the state and federal governments, uncertainty about future budgetary decisions introduces considerable variance into future projections. One recent change intended to significantly increase the level of funding for restoration projects was the passage of the Gulf of Mexico Energy Security Act (GOMESA). In 2017, GOMESA is scheduled to increase the state s share of revenues from Outer Continental Shelf oil and gas revenues in the Gulf of Mexico. The future level of activity that will support those revenues has become less certain by the interruption of oil and gas activities in the Gulf of Mexico following the BP Oil Spill. However, the two future scenarios account for the possibility of a higher and lower level of funding from this source after considering other expected changes to funding sources in the coming years. Not included in this study is the potentially significant infusion of money for coastal restoration that may result from the BP Oil Spill. As a consequence of the spill, BP is required to restore any damaged natural resources as well as compensate for the loss of services from those damaged resources. In addition, some portion of Clean Water Act fines may be used for coastal restoration. However, there continues to be considerable uncertainty about the timing and magnitude of those funding sources. Therefore, those funds were not considered in this analysis. According to the 2010 Annual Plan, during the 2010 fiscal year there were nine projects in the planning phase, 26 projects in design, 46 projects in construction and 87 projects in operation, maintenance and monitoring. 5 The distribution of spending across project phases, however, showed a pattern notably different from the number of projects at each phase. Construction constituted the largest share of expenditures making up 60 percent of overall expenditures. Ongoing program costs constituted 15 percent of restoration expenditures, while spending on operations, maintenance and monitoring constituted 13 percent of total expenditures. The other three categories of spending -planning, design and operation - combined for the remaining 14 percent of total expenditures with spending spread relatively evenly across these categories. These percentages were used as a first step toward allocating 2010 spending across industries. Expenditures were further divided by considering the specific activities included in each category. Finally, not all engineering and design work is done in Louisiana, so a portion of it is excluded in this Louisiana economic impact analysis. In the future, the share of expenditures dedicated to construction is anticipated to be closer to 70 percent. With that change, the share of spending across other categories will decrease. Also, it was assumed that virtually all engineering and design work will be done in 3

8 Coastal Restoration Spending in Louisiana Louisiana in future years. With the prospect of a large and consistent funding stream, some of the leading engineering and design firms have begun opening locations in Louisiana. These local operations are expected to expand over time to accommodate the future demand for services. For the two future funding scenarios considered in this study, the allocation of expenditures across industries was adjusted accordingly. The impacts of the projected 2010 expenditures identified above are shown in Table 1. This coastal restoration spending directly created 4,880 jobs and an additional 4,020 indirect jobs including induced effects, for a total job impact of 8,900. This is comparable to 6.8 percent of employment in the construction industry in Louisiana for the second quarter of 2010 (131,504). 6 To put these jobs in the context of the broader research effort to understand green jobs, it should be noted that direct and indirect jobs in the economic impact setting do not align with the notion of primary and support jobs used in the Louisiana green jobs survey. Primary green jobs are those requiring more than 50 percent of a worker s time to be engaged in a green activity while support jobs are those requiring 50 percent or less of a worker s time in green activities, but are essential to a firm s green activities. It is likely that a large share of the direct jobs created by coastal restoration spending would be primary green jobs, but possibly not all. In addition, because suppliers of unique inputs and services are included in the project s definition of green jobs, it is possible that some indirect jobs may qualify as primary green jobs. While support green jobs may appear in either group, there are certainly some jobs created through the indirect effects that would not be considered green. Table 1 also shows other economic impacts of the projected 2010 spending. Including direct and indirect effects, that level of coastal restoration spending is estimated to create more than $1.1 billion in sales. In terms of value added, that 2010 spending contributed $589 million to Louisiana s gross state product. That amount of value added is comparable to 5.5 percent of the total contribution of the construction industry ($10.7 billion) to gross state product (value added) in Louisiana Coastal Restoration: 2010 Impact Summary ($Millions; 2011 Dollars) Impact Type Employment Wages Value Added Output Table 1 Direct Effect 4,880 $276 $305 $643 Indirect Effect 4,020 $170 $283 $514 Total Effect i 8,900 $446 $589 $1,157 i Direct and indirect effects may not sum to total due to rounding Source: LSU Division of Economic Development 4

9 Economic Impact Analysis Two scenarios characterize the potential future impact of coastal restoration spending in Louisiana. The first scenario assumes that future funding is lower than current levels and a comparable measure of state and federal spending to the 2010 projection would be $400 million of spending per year. The second scenario assumes that future funding is higher than current levels and a comparable measure of state and federal spending to the 2010 projection would be $750 million of spending per year. The economic impacts of the low and high scenarios are summarized in Tables 2 and 3 respectively. Direct jobs created by those future spending scenarios ranges from 3,040 to 5,690 annually. Including indirect jobs, the total employment impact of the future spending scenarios ranges from 5,510 to 10,320. Total output ranges from just over $700 million to $1.3 billion and value added ranges from $363 million to $681 million. Louisiana Coastal Restoration: Future Low Spending Scenario Impact Summary ($Millions; 2011 Dollars) Table 2 Impact Type Employment Wages Value Added Output Direct Effect 3,040 $169 $188 $400 Indirect Effect 2,470 $105 $175 $319 Total Effect 5,510 $274 $363 $719 Source: LSU Division of Economic Development Louisiana Coastal Restoration: Future High Spending Scenario Impact Summary ($Millions; 2011 Dollars) Table 3 Impact Type Employment Wages Value Added Output Direct Effect 5,690 $317 $353 $750 Indirect Effect 4,630 $198 $328 $598 Total Effect 10,320 $515 $681 $1,348 Source: LSU Division of Economic Development 5

10 Coastal Restoration Spending in Louisiana While the scale of future operations differs in each scenario, the distribution of spending across industries was assumed to be similar. Therefore, both scenarios indicate that the jobs created by coastal restoration spending will have average wages of $56,000 annually for direct jobs and $50,000 across direct and indirect jobs. In nominal terms, wages of direct jobs are roughly 50 percent higher than the state average earnings, which were $36,610 in Average earnings among all jobs created by this spending are roughly a third higher than the state average. These high earnings reflect the types of jobs that will be created, which include legal services, engineering and design, and heavy construction. Conclusion Pictured on the right: East Grand Terre barrier island restoration along the Louisiana coastline. Photo: Governor s Office of Coastal Activities/ Chris Macaluso. This report summarized the economic impact to the Louisiana economy of several scenarios of coastal restoration spending. The 2010 spending estimate of $618 million was developed from the CPRA Annual Plan projection. In addition, two future funding scenarios were considered with annual spending of $400 million and $750 million for the low and high scenarios. The results of the economic impact analysis show that coastal restoration has a significant impact on Louisiana s economy through the creation of thousands of jobs, hundreds of millions of dollars of value added and more than a billion dollars of output in two of the three scenarios considered. In 2010, this spending created an estimated 8,900 jobs, including direct and indirect effects, while the future funding scenarios imply a range of 5,510 to 10,320 annual jobs, including direct and indirect effects. These jobs estimates provide a general order of magnitude for how coastal restoration spending contributes to the green economy. However, it is noted that direct and indirect jobs estimated by this analysis do not necessarily align with the definitions of primary and support jobs used elsewhere in the broader research effort to study green jobs in Louisiana. Continued spending on coastal restoration will sustain thousands of jobs with average salaries 33 to 50 percent higher than the state average. In addition, there are benefits that are beyond the scope of this study. Coastal restoration projects also provide a large lasting benefit not measured here in terms of direct benefits to the environment and indirect benefits to the state through ecosystem services such as hurricane protection and the protection of critical infrastructure. Furthermore, this study does not capture the potential for exports of goods and services to other states and countries that is created by the continued large-scale research and restoration activity in Louisiana. 6

11 Economic Impact Analysis 1 Louisiana. Coastal Protection and Restoration Authority of Louisiana. Fiscal Year 2011 Annual Plan: Integrated Ecosystem Restoration and Hurricane Protection in Coastal Louisiana. Baton Rouge: Office of Coastal Protection and Restoration, Apr Louisiana Coastal Area Ecosystem Restoration Study. U.S. Army Corps of Engineers New Orleans District. Web. 01 Mar Coastal Protection and Restoration Authority of Louisiana. Fiscal Year 2010 Annual Plan: Integrated Ecosystem Restoration and Hurricane Protection in Coastal Louisiana. Baton Rouge: Office of Coastal Protection and Restoration, 27 Apr Graham, Kyle; Deputy Director for Planning and Programs, Governor s Office of Coastal Activities. Interview, 21 Feb. 2011, 3 May Coastal Protection and Restoration Authority of Louisiana. Fiscal Year 2010 Annual Plan: Integrated Ecosystem Restoration and Hurricane Protection in Coastal Louisiana. Baton Rouge: Office of Coastal Protection and Restoration, 27 Apr Notes 6 Employment and Wages 2nd Quarter Louisiana Workforce Commission. Web. 07 July Gross Domestic Product by State. U.S. Bureau of Economic Analysis. Web. 07 July May 2009 OES State Occupational Employment and Wage Estimates - Louisiana. U.S. Department of Labor, Bureau of Labor Statistics. Web. 07 July

12 1001 North 23rd Street P. O. Box Baton Rouge, LA

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

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

The Economic Benefits of Oil and Natural Gas Production: An Analysis of Effects on the United States and Major Energy Producing States

The Economic Benefits of Oil and Natural Gas Production: An Analysis of Effects on the United States and Major Energy Producing States August 2014 The Economic Benefits of Oil and Natural Gas Production: An Analysis of Effects on the United States and Major Energy Producing States THE PERRYMAN GROUP 510 N. Valley Mills Dr. Suite 300 Waco,

More information

THE ECONOMIC IMPACTS OF THE PORTS OF LOUISIANA AND THE MARITIME INDUSTRY

THE ECONOMIC IMPACTS OF THE PORTS OF LOUISIANA AND THE MARITIME INDUSTRY THE ECONOMIC IMPACTS OF THE PORTS OF LOUISIANA AND THE MARITIME INDUSTRY Prepared by: TIMOTHY P. RYAN UNIVERSITY OF NEW ORLEANS February, 2001 EXECUTIVE SUMMARY The ports of Louisiana and the maritime

More information

SUMMARY OF ECONOMIC IMPACT ANALYSIS AND IMPACT REVIEW

SUMMARY OF ECONOMIC IMPACT ANALYSIS AND IMPACT REVIEW SUMMARY OF ECONOMIC IMPACT ANALYSIS AND IMPACT REVIEW The Governor s Office of Economic Development ( GOED ) uses IMPLAN for economic modeling of new and expanding businesses applying for incentives administered

More information

Status of Restoration in Mississippi

Status of Restoration in Mississippi Status of Restoration in Mississippi Marc Wyatt Director Office of Oil Spill Restoration, Mississippi Department of Environmental Quality Robert Kroger Chief Scientific Officer, Covington Civil and Environmental

More information

Economic Contributions of Pacific Gas and Electric Company

Economic Contributions of Pacific Gas and Electric Company Economic Contributions of Pacific Gas and Electric Company February 2014 Prepared for: Pacific Gas and Electric Company 77 Beale Street San Francisco, CA 94105 www.pge.com Prepared by: 400 Capitol Mall,

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

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

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

ADULT LEARNING ACADEMY

ADULT LEARNING ACADEMY ADULT LEARNING ACADEMY PRE-ALGEBRA WORKBOOK UNIT 6: INTEGERS Debbie Char and Lisa Whetstine St. Louis Community College First Version: 01/12/2015 MoHealthWINs This workforce solution was funded by a grant

More information

National Heavy Duty Truck Transportation Efficiency Macroeconomic Impact Analysis

National Heavy Duty Truck Transportation Efficiency Macroeconomic Impact Analysis National Heavy Duty Truck Transportation Efficiency Macroeconomic Impact Analysis Prepared for the: Union of Concerned Scientists 2397 Shattuck Ave., Suite 203 Berkeley, CA 94704 Prepared by: Marshall

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

Offshore development benefits. www.shell.us/alaska

Offshore development benefits. www.shell.us/alaska 8 C H A P T E R E i g h t: Offshore development benefits www.shell.us/alaska Barrow, Alaska The Ripples of Offshore Development Benefits Energy production has done much for Alaskans previously, and by

More information

Date 1/2/2014. Prepared for. Virginia Land Investments 10001 Patterson Ave., Suite 200 Richmond, VA 23238. Cleveland, Ohio. Richmond, Virginia

Date 1/2/2014. Prepared for. Virginia Land Investments 10001 Patterson Ave., Suite 200 Richmond, VA 23238. Cleveland, Ohio. Richmond, Virginia Date 1/2/2014 The Economic and Fiscal Impact of Carmel Church Station on Virginia The completed Carmel Church Station development is expected to support 20,670 jobs and $3.3 billion in annual economic

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

Understanding Green Jobs in New Jersey

Understanding Green Jobs in New Jersey Understanding Green Jobs in New Jersey Everyone seems to be talking about green jobs and the need to train workers to fill them. You may even be thinking about how you can go green and make money doing

More information

Offshore Alabama Prepared by the University of South Alabama MBA Consulting Group in December 2010

Offshore Alabama Prepared by the University of South Alabama MBA Consulting Group in December 2010 Offshore Alabama Prepared by the University of South Alabama MBA Consulting Group in December 2010 Executive Summary The Mobile Area Chamber of Commerce s Oil and Gas Task Force (Task Force) was created

More information

Employment Impacts for Proposed Bay Delta Water Conveyance Tunnel Options

Employment Impacts for Proposed Bay Delta Water Conveyance Tunnel Options Employment Impacts for Proposed Bay Delta Water Conveyance Tunnel Options September 19, 2011 Mark Berkman, PhD David Sunding, PhD Michelle Tran Prepared for the Delta Habitat Conservation and Conveyance

More information

NCICU EXECUTIVE SUMMARY DEMONSTRATING THE ECONOMIC VALUE OF NORTH CAROLINA S INDEPENDENT COLLEGES AND UNIVERSITIES FEBRUARY 2015

NCICU EXECUTIVE SUMMARY DEMONSTRATING THE ECONOMIC VALUE OF NORTH CAROLINA S INDEPENDENT COLLEGES AND UNIVERSITIES FEBRUARY 2015 NCICU EXECUTIVE SUMMARY DEMONSTRATING THE ECONOMIC VALUE OF NORTH CAROLINA S INDEPENDENT COLLEGES AND UNIVERSITIES FEBRUARY 2015 FEBRUARY 2015 EXECUTIVE SUMMARY 1 EXECUTIVE SUMMARY North Carolina Independent

More information

Prepared. for: Motion. Picture. Prepared HR&A. Advisors, 99

Prepared. for: Motion. Picture. Prepared HR&A. Advisors, 99 Economic and Fiscal Impacts of the New York State Film Production Tax Credit Prepared for: Motion Picture Association of America (MPAA) December 3, 2012 Prepared by: HR&A Advisors, Inc. 99 Hudson St, Third

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

The Economic and Community Impact of Downsizing Postal Sorting Operations in New Orleans

The Economic and Community Impact of Downsizing Postal Sorting Operations in New Orleans The Economic and Community Impact of Downsizing Postal Sorting Operations in New Orleans A Fiscal Policy Institute Report www.fiscalpolicy.org November 10, 2014 The Economic and Community Impact of Downsizing

More information

Public Relations Agencies in Los Angeles County

Public Relations Agencies in Los Angeles County Los Angeles County Economic Development Corporation in Los Angeles County 444 S. Flower Street, 34 th Floor Los Angeles, CA 90071 (888) 4-LAEDC-1 www.laedc.org Gregory Freeman and Christine Cooper, Ph.D.

More information

Multiyear Implementation and Expenditure Plan

Multiyear Implementation and Expenditure Plan Louisiana s Draft RESTORE Act Multiyear Implementation and Expenditure Plan I. EXECUTIVE SUMMARY The Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast

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

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

Economic Benefits from Aquatic Ecological Restoration Projects in Massachusetts Summary of Three Phases of Investigation

Economic Benefits from Aquatic Ecological Restoration Projects in Massachusetts Summary of Three Phases of Investigation Economic Benefits from Aquatic Ecological Restoration Projects in Massachusetts Summary of Three Phases of Investigation Massachusetts Department of Fish and Game Division of Ecological Restoration April

More information

The Impacts of the Montgomery County Public Schools Proposed 2016 Budget on Montgomery County and the State of Maryland Economies

The Impacts of the Montgomery County Public Schools Proposed 2016 Budget on Montgomery County and the State of Maryland Economies The Impacts of the Montgomery County Public Schools Proposed 2016 Budget on Montgomery County and the State of Maryland Economies By Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University professor

More information

Gulf Coast Restoration & recovery 101 Basic policies, legal processes, and terms relevant to the Deepwater Horizon disaster

Gulf Coast Restoration & recovery 101 Basic policies, legal processes, and terms relevant to the Deepwater Horizon disaster E N V I R O N M E N T A L L A W I N S T I T U T E O C E A N P R O G R A M W W W. E L I - O C E A N. ORG/ G U L F 1 7 3 0 M S T N W, S TE 700, W A S H I N G T O N, DC 2 0 0 3 6 T EL: 2 0 2. 9 3 9. 3 8 4

More information

The Economic Impacts of Business Energy Tax Credit Supported Manufacturing in Oregon 2012 Update

The Economic Impacts of Business Energy Tax Credit Supported Manufacturing in Oregon 2012 Update The Economic Impacts of Business Energy Tax Credit Supported Manufacturing in Oregon 2012 Update March 2013 Michael Meyers, Economist (503) 229-6179 Michael.Meyers@biz.state.or.us Oregon Business Development

More information

Economic and Rate Impact Analysis of Clean Energy Development in North Carolina 2015 Update

Economic and Rate Impact Analysis of Clean Energy Development in North Carolina 2015 Update February 2015 Economic and Rate Impact Analysis of Clean Energy Development in North Carolina 2015 Update Prepared for North Carolina Sustainable Energy Association 4800 Six Forks Rd Suite 300 Raleigh,

More information

May 2015. The economic impact of the UK Maritime Services Sector: Business Services

May 2015. The economic impact of the UK Maritime Services Sector: Business Services May 2015 The economic impact of the UK Maritime Services Sector: Business Services Contents 1 Executive summary... 2 2 Introduction... 4 2.1 The channels of economic impact... 4 2.2 Report structure...

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

New Orleans Hurricane Storm Damage Risk Reduction System Tour March 23 24, 2012

New Orleans Hurricane Storm Damage Risk Reduction System Tour March 23 24, 2012 New Orleans Hurricane Storm Damage Risk Reduction System Tour March 23 24, 2012 Host: Falcolm E. Hull, Vice President/Technical Expert, ARCADIS, U.S. Inc. Attending: Cherie Coffman, Coastal Projection

More information

Economic and Fiscal Impact Analysis Facebook s Forest City Data Center

Economic and Fiscal Impact Analysis Facebook s Forest City Data Center Prepared for August 2014 Economic and Fiscal Impact Analysis Facebook s Forest City Data Center Facebook, Inc. 1 Hacker Way Menlo Park, CA 94025 Prepared by Zachary Oliver RTI International 3040 E Cornwallis

More information

Economic and Fiscal Impacts of the New Mexico Film Production Tax Credit

Economic and Fiscal Impacts of the New Mexico Film Production Tax Credit Economic and Fiscal Impacts of the New Mexico Film Production Tax Credit Prepared for the New Mexico State Film Office and State Investment Council January 2009 Executive Summary New Mexico has provided

More information

Atlas of U. S. Army Corps of Engineers Historic Daily Tide Data in Coastal Louisiana

Atlas of U. S. Army Corps of Engineers Historic Daily Tide Data in Coastal Louisiana Atlas of U. S. Army Corps of Engineers Historic Daily Tide Data in Coastal Louisiana Abstract: The U. S. Army Corps of Engineers New Orleans District has historically collected water level data of various

More information

DEPARTMENT OF THE ARMY CORPS OF ENGINEERS COMPLETE STATEMENT LIEUTENANT GENERAL CARL STROCK CHIEF OF ENGINEERS U. S. ARMY CORPS OF ENGINEERS BEFORE

DEPARTMENT OF THE ARMY CORPS OF ENGINEERS COMPLETE STATEMENT LIEUTENANT GENERAL CARL STROCK CHIEF OF ENGINEERS U. S. ARMY CORPS OF ENGINEERS BEFORE DEPARTMENT OF THE ARMY CORPS OF ENGINEERS COMPLETE STATEMENT OF LIEUTENANT GENERAL CARL STROCK CHIEF OF ENGINEERS U. S. ARMY CORPS OF ENGINEERS BEFORE THE SUBCOMMITTEE ON ENERGY AND WATER DEVELOPMENT COMMITTEE

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

The Economic Impact Of Minnesota s State Colleges And Universities. An Update

The Economic Impact Of Minnesota s State Colleges And Universities. An Update The Economic Impact Of Minnesota s State Colleges And Universities An Update a report prepared for MnSCU August, 2002 Anton, Lubov & Associates, Inc. 15 South Fifth Street, Suite 765 Minneapolis, Minnesota

More information

Gulf Coast Ecosystem Restoration Council

Gulf Coast Ecosystem Restoration Council Gulf Coast Ecosystem Restoration Council Progress Report August 2013-August 2014 Background In July 2012, The Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the

More information

The Economic Contributions of U.S. Mining (2012)

The Economic Contributions of U.S. Mining (2012) The Economic Contributions of U.S. Mining (2012) September 2014 A report prepared by the National Mining Association TABLE OF CONTENTS Executive Summary...E-1 National Results...E-1 State Results...E-1

More information

DIGITAL MEDIA INDUSTRY IN ALBUQUERQUE AND NEW MEXICO

DIGITAL MEDIA INDUSTRY IN ALBUQUERQUE AND NEW MEXICO DIGITAL MEDIA INDUSTRY IN ALBUQUERQUE AND NEW MEXICO for Dean Christopher Mead, College of Fine Arts University of New Mexico by Jeffrey Mitchell, Ph.D. UNIVERSITY OF NEW MEXICO BUREAU OF BUSINESS AND

More information

Tampa Bay IT Apprenticeship Program: Applicant Overview

Tampa Bay IT Apprenticeship Program: Applicant Overview Tampa Bay IT Apprenticeship Program: Applicant Overview Tampa Bay IT Apprenticeship Program Overview What is apprenticeship training? What is the Tampa Bay IT Apprenticeship Program? What occupations are

More information

CAR Research Memorandum: The Impact on the U.S. Economy of a Major Contraction of the Detroit Three Automakers

CAR Research Memorandum: The Impact on the U.S. Economy of a Major Contraction of the Detroit Three Automakers CAR Research Memorandum: The Impact on the U.S. Economy of a Major Contraction of the Detroit Three Automakers Authors: David Cole, Ph.D., Chairman Sean McAlinden, Ph.D., Vice President for Research Kristin

More information

The Economic Impact of Local Parks

The Economic Impact of Local Parks The Economic Impact of Local Parks An Examination of the Economic Impacts of Operations and Capital Spending on the United States Economy Executive Summary National Recreation and Park Association 1 Table

More information

The Economic Impact of Local Parks

The Economic Impact of Local Parks The Economic Impact of Local Parks An Examination of the Economic Impacts of Operations and Capital Spending on the United States Economy Executive Summary National Recreation and Park Assocation 1 Table

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

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

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

ECONOMIC EMERGENCY PROGRAM St. Cloud Printing Plant Closure

ECONOMIC EMERGENCY PROGRAM St. Cloud Printing Plant Closure ECONOMIC EMERGENCY PROGRAM St. Cloud Printing Plant Closure On May 30 2014, Quad/Graphics announced the completion of its acquisition of Brown Printing Company. As part of integration plans following the

More information

Rebuilding a resilient and sustainable Gulf Coast

Rebuilding a resilient and sustainable Gulf Coast Rebuilding a resilient and sustainable Gulf Coast By Jeffrey Buchanan, Oxfam America Unlike the Atlantic Coast, which has so far been closed to offshore oil drilling, America s Gulf Coast is one of the

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

Connecticut s Insurance Industry: Economic Impacts & Contributions

Connecticut s Insurance Industry: Economic Impacts & Contributions Connecticut s Insurance Industry: Economic Impacts & Contributions Prepared by: Connecticut Economic Resource Center, Inc. December 2006 2006 Insure Connecticut s Future, Connecticut Insurance and Financial

More information

Economic Impacts of the University of California, Riverside

Economic Impacts of the University of California, Riverside Economic Impacts of the University of California, Riverside Fiscal Year 2009-10 Prepared for: UNIVERSITY OF CALIFORNIA, RIVERSIDE Prepared by: CBRE CONSULTING Page intentionally left blank for duplex printing

More information

The Economic Impact of Dominion Capital Expenditure Projects

The Economic Impact of Dominion Capital Expenditure Projects The Economic Impact of Dominion Capital Expenditure Projects Prepared for Dominion Virginia Power October 22, 2015 1309 E Cary Street, Richmond, VA 23219 1025 Huron Road East, Cleveland, OH 44115 chmuraecon.com

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

Restore Americas Estuaries 5 th National Conference

Restore Americas Estuaries 5 th National Conference Restore Americas Estuaries 5 th National Conference Richard Raynie Chief, LACES Division OCPR Patricia Strayer, PE Principal Engineer Dynamic Solutions, LLC KRR and LCA are bookends in progress of federal

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

Industry Clusters in New York s Economy: A Statewide and Regional Analysis June 2014

Industry Clusters in New York s Economy: A Statewide and Regional Analysis June 2014 Industry Clusters in New York s Economy: A Statewide and Regional Analysis June 2014 New York State Department of Labor Division of Research and Statistics Bureau of Labor Market Information Peter M. Rivera,

More information

Deepwater Horizon Settlement Update

Deepwater Horizon Settlement Update Deepwater Horizon Settlement Update Agreement in Principle with BP Exploration and Production on State and Federal Claims Louisiana State Senate Committees on Finance and Natural Resources July 27, 2015

More information

Economic Impact Study

Economic Impact Study Economic Impact Study U.S.- Based Scrap Recycling Industry 2015 Prepared for the Institute for Scrap Recycling Industries, Inc. Executive Summary Scrap recycling is a major U.S.-based industry dedicated

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

Some Preliminary Macroeconomic Impacts of the 2010 Deepwater Horizon Oil Gusher on Alabama

Some Preliminary Macroeconomic Impacts of the 2010 Deepwater Horizon Oil Gusher on Alabama Some Preliminary Macroeconomic Impacts of the 2010 Deepwater Horizon Oil Gusher on Alabama Samuel Addy, Ph.D. and Ahmad Ijaz Center for Business and Economic Research Culverhouse College of Commerce and

More information

WITHOUT OIL AND GAS, WHICH PROVIDES DIRECT, HIGH-PAYING EMPLOYMENT AS WELL AS POWERFUL IMPACTS FROM PURCHASES AND ROYALTY PAYMENTS, THERE MIGHT BE

WITHOUT OIL AND GAS, WHICH PROVIDES DIRECT, HIGH-PAYING EMPLOYMENT AS WELL AS POWERFUL IMPACTS FROM PURCHASES AND ROYALTY PAYMENTS, THERE MIGHT BE txoga.org WITHOUT OIL AND GAS, WHICH PROVIDES DIRECT, HIGH-PAYING EMPLOYMENT AS WELL AS POWERFUL IMPACTS FROM PURCHASES AND ROYALTY PAYMENTS, THERE MIGHT BE LITTLE TO DIFFERENTIATE THE TEXAS ECONOMY FROM

More information

Comprehensive Recommendations Supporting the Use of the Multiple Lines of Defense Strategy to Sustain Coastal Louisiana 2008 Report (Version I)

Comprehensive Recommendations Supporting the Use of the Multiple Lines of Defense Strategy to Sustain Coastal Louisiana 2008 Report (Version I) Comprehensive Recommendations Supporting the Use of the Multiple Lines of Defense Strategy to Sustain Coastal Louisiana 2008 Report (Version I) This report recommends integrated coastal projects and levee

More information

20,000 Direct Jobs in Maryland: The Economic Impact of Maryland s Health Insurance Brokerage/Underwriting Industry

20,000 Direct Jobs in Maryland: The Economic Impact of Maryland s Health Insurance Brokerage/Underwriting Industry 20,000 Direct Jobs in Maryland: The Economic Impact of Maryland s Health Insurance Brokerage/Underwriting Industry Submitted by: Sage Policy Group, Inc. On behalf of: The Health Insurance Buyers and Brokers

More information

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

It s hard to avoid the word green these days.

It s hard to avoid the word green these days. Going green : Environmental jobs for scientists and engineers Alice Ramey Alice Ramey is an economist in the Office of Occupational Statistics and Employment Projections, BLS. She is available at (202)

More information

Mid-Year Deficit Elimination Plan 11/18/2015

Mid-Year Deficit Elimination Plan 11/18/2015 This plan resolves the prior year deficit of FY15 as well as the recently recognized deficit of FY16 without layoffs or reductions to higher education. The reductions presented in this plan total $487.3

More information

The Contributions of the Film & Video Production Industries to Oregon s Economy in 2005

The Contributions of the Film & Video Production Industries to Oregon s Economy in 2005 The Contributions of the Film & Video Production Industries to Oregon s Economy in 2005 An Economic Impact Analysis for the Oregon Film & Video Office ECONOMICS FINANCE PLANNING 888 SW Fifth Avenue Suite

More information

OIL AND GAS OPERATIONS

OIL AND GAS OPERATIONS OIL AND GAS OPERATIONS Updated Economic Assessment of Colorado Oil and Gas Industry in 2013 Conducted by: BUSINESS RESEARCH DIVISION Leeds School of Business University of Colorado Boulder 420 UCB Boulder,

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

Modeling the Repeal of the Rhode Island Sales Tax

Modeling the Repeal of the Rhode Island Sales Tax Modeling the Repeal of the Rhode Island Sales Tax Steven E. Collum, Revenue Policy Analyst Paul L. Dion, Ph.D., Chief Office of Revenue Analysis Rhode Island Department of Revenue FTA Revenue Estimation

More information

April 16, 2008 Volume 1. Workforce Solutions: Governor Jindal s Comprehensive Workforce Redesign Legislative Package

April 16, 2008 Volume 1. Workforce Solutions: Governor Jindal s Comprehensive Workforce Redesign Legislative Package April 16, 2008 Volume 1 Workforce Solutions: Governor Jindal s Comprehensive Workforce Redesign Legislative Package Executive Summary: The purpose of this position paper is to highlight the relevance of

More information

Nuclear Energy s Economic Benefits Current and Future

Nuclear Energy s Economic Benefits Current and Future April 2014 Nuclear Energy s Economic Benefits Current and Future Executive Summary The nuclear energy industry plays an important role in job creation and economic growth, providing both nearterm and lasting

More information

Oregon Healthcare Workforce Partnerships Project Chemeketa Community College

Oregon Healthcare Workforce Partnerships Project Chemeketa Community College Moving Forward: Case Studies Oregon Healthcare Workforce Partnerships Project Chemeketa Community College The Oregon Healthcare Workforce Partnerships (OHWP) Project was created as a collaboration of interlinked,

More information

MN Lake Superior Watershed Stream Science Symposium: Economic Aspects of Stream Restoration Henry Eichman USDA Forest Service, TEAMS Enterprise Unit

MN Lake Superior Watershed Stream Science Symposium: Economic Aspects of Stream Restoration Henry Eichman USDA Forest Service, TEAMS Enterprise Unit MN Lake Superior Watershed Stream Science Symposium: Economic Aspects of Stream Restoration Henry Eichman USDA Forest Service, TEAMS Enterprise Unit Non market values, Ecosystem Services Economic Objectives

More information

Express Scripts Contribution to St. Louis and Missouri

Express Scripts Contribution to St. Louis and Missouri Express Scripts Contribution to St. Louis and Missouri Edward C. Lawrence, PhD Jane Qingjiang Qu, MBA, MA November 15, 2010 Executive Summary Express Scripts is providing significant economic benefits

More information

Building a Better Workforce. Jennifer Impastato Business Services Representative Special Projects

Building a Better Workforce. Jennifer Impastato Business Services Representative Special Projects Building a Better Workforce Jennifer Impastato Business Services Representative Special Projects Business and Career Solutions Centers & WIOA Business and Career Solutions Centers are a service of the

More information

The Economic Impact of the University of Maryland, Baltimore on The State of Maryland FY 2011

The Economic Impact of the University of Maryland, Baltimore on The State of Maryland FY 2011 The Economic Impact of the University of Maryland, Baltimore on The State of Maryland FY 2011 Prepared by Richard Clinch Director of Economic Research University of Baltimore 1420 N. Charles Street Baltimore,

More information

The long-term projections of federal revenues and

The long-term projections of federal revenues and APPENDIX B Changes in s Long-Term Projections Since July 214 The long-term projections of federal revenues and outlays presented in this report are generally similar to the ones that the Congressional

More information

Louisiana-Mississippi Gulf Coast Ecosystem Restoration Working Group. Roadmap for Restoring Ecosystem Resiliency and Sustainability March 2010

Louisiana-Mississippi Gulf Coast Ecosystem Restoration Working Group. Roadmap for Restoring Ecosystem Resiliency and Sustainability March 2010 I. Introduction Louisiana-Mississippi Gulf Coast Ecosystem Restoration Working Group Roadmap for Restoring Ecosystem Resiliency and Sustainability March 2010 And here on the Gulf Coast, we're working to

More information

GENERAL FUND DEBT SERVICE

GENERAL FUND DEBT SERVICE GENERAL FUND DEBT SERVICE DEBT SERVICE DEPARTMENT OF ENVIRONMENTAL PROTECTION 40. COMMUNITY DEVELOPMENT AND ENVIRONMENTAL MANAGEMENT 46. ENVIRONMENTAL PLANNING AND ADMINISTRATION 4800. ADMINISTRATIVE

More information

Capital Construction and Debt Service

Capital Construction and Debt Service Capital Construction and Debt Service This section includes an overview and summary of appropriations and expenditures for the design, construction, and repair of major capital assets such as roads, bridges,

More information

California s Entertainment Industry California s Role in the Entertainment Industry.

California s Entertainment Industry California s Role in the Entertainment Industry. June 13, 2012 Hon. Lois Wolk, Chair Senate Governance and Finance Committee Room 5114, State Capitol Sacramento, California 95814 Dear Senator Wolk: Staff of the Senate Governance and Finance Committee

More information

Financial Scrutiny Unit Briefing What is GDP?

Financial Scrutiny Unit Briefing What is GDP? The Scottish Parliament and Scottish Parliament Infor mation C entre l ogos. Financial Scrutiny Unit Briefing What is GDP? Richard Marsh 27 August 2013 13/48 This factsheet provides a short guide to Gross

More information

Prepared for Prepared by

Prepared for Prepared by The Economic Impact of Nonprofit Hospitals, Colleges and Universities on the City of Baltimore Prepared for Prepared by June 2012 1.0 Introduction and Summary The Maryland Independent College and University

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

Forecasts of Macroeconomic Developments, State Revenues from Taxes and Revenue from Other Sources, 2013-2014

Forecasts of Macroeconomic Developments, State Revenues from Taxes and Revenue from Other Sources, 2013-2014 Ministry of Finance Chief Economist - Research, State Revenue and International Affairs June 2013 Forecasts of Macroeconomic Developments, State Revenues from Taxes and Revenue from Other Sources, 2013-2014

More information

Economic Impacts of Utah Valley University

Economic Impacts of Utah Valley University Economic Impacts of Utah Valley University Prepared For: Utah Valley University (UVU) Prepared By: Jack Faucett Associates, Inc. (JFA) Date: November 9, 2011 1 Purpose The purpose of this presentation

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

EXECUTIVE SUMMARY. Where Value Meets Values: The Economic Impact of Community Colleges

EXECUTIVE SUMMARY. Where Value Meets Values: The Economic Impact of Community Colleges EXECUTIVE SUMMARY Where Value Meets Values: The Economic Impact of Community Colleges ANALYSIS OF THE ECONOMIC IMPACT & RETURN ON INVESTMENT OF EDUCATION FEBRUARY 2014 EXECUTIVE SUMMARY America s community

More information

How to Assign a Monetary Value to Volunteer Contributions

How to Assign a Monetary Value to Volunteer Contributions How to Assign a Monetary Value to Volunteer Contributions A MANUAL Laurie Mook Jack Quarter Ontario Institute for Studies in Education University of Toronto 2003 Canadian Centre for Philanthropy Copyright

More information

NATion and north carolina

NATion and north carolina Energy Challenges for the NATion and north carolina NOIA s mission is to secure reliable access to the nation s valuable offshore energy resources in order that they may be developed, produced and supplied

More information

2011 Operations, Maintenance, Monitoring and Rehabilitation Plan

2011 Operations, Maintenance, Monitoring and Rehabilitation Plan State of Louisiana Coastal Protection and Restoration Authority of Louisiana 2011 Operations, Maintenance, Monitoring and Rehabilitation Plan for East Marsh Island Marsh Creation State Project Number TV-21

More information

Executive Summary: The Comprehensive Impact of Offshore IT Software and Services Outsourcing on the U.S. Economy and the IT Industry

Executive Summary: The Comprehensive Impact of Offshore IT Software and Services Outsourcing on the U.S. Economy and the IT Industry Executive Summary: The Comprehensive Impact of Offshore IT Software and Services Outsourcing on the U.S. Economy and the IT Industry SPONSORED BY: Information Technology Association of America 1401 Wilson

More information

Economic Impacts of Wind Energy Construction and Operations in Maine

Economic Impacts of Wind Energy Construction and Operations in Maine Economic Impacts of Wind Energy Construction and Operations in Maine 2006-2018 Charles S. Colgan PhD Maine Center for Business & Economic Research University of Southern Maine December 2014 Executive Summary

More information

ECONOMIC BENEFITS OF THE MOUNTAIN VALLEY PIPELINE PROJECT IN WEST VIRGINIA

ECONOMIC BENEFITS OF THE MOUNTAIN VALLEY PIPELINE PROJECT IN WEST VIRGINIA DECEMBER 10, 2014 ECONOMIC BENEFITS OF THE MOUNTAIN VALLEY PIPELINE PROJECT IN WEST VIRGINIA EXECUTIVE SUMMARY CRITICAL THINKING AT THE CRITICAL TIME Executive Summary EQT Corporation retained FTI Consulting

More information