AIKCU Economic Impact Estimate
Annual Economic Impact Estimate 2011 -2012 The Association of Independent Kentucky Colleges and Universities AIKCU Frankfort, Kentucky 5/4/2014
The Association of Independent Kentucky Colleges and Universities (AIKCU) is composed of twenty (20) non-public institutions of higher education. AIKCU member institutions directly employ more than 7,000 employees, and pay salaries above the state average wage and salary. These jobs are widely spread across the Commonwealth and can be characterized as being economically, socially, and environmentally friendly. Additionally, AIKCU’s member colleges and universities serve more than 36,000 students and play a critical role in Kentucky’s postsecondary education system. This economic estimate measures the operational annual economic impact value of AIKCU’s member institutions. This economic impact estimate does not measure the economic and social value of the students and alumni to the Commonwealth of Kentucky. The economic benefits, which Kentucky receives from AIKCU’s member institutions operating in Kentucky, is significant, adding $617 million to Kentucky’s state gross domestic product (GDP) annually. These annual operational values recur each year. Based on the one-year (academic year 2011 2012) operational impact estimate, the AIKCU’s member institutions could easily add $6 billion (cumulative) to Kentucky’s state GDP during a ten (10) year period. If the value of the AIKCU’s member institutions’ alumni were to be added to this impact, then the impact would be noticeably higher. Uniqueness of the Economic and Social Impact AIKCU’s member institutions vary from Kentucky’s public universities to Kentucky’s Community and Technical College System (KCTCS) in how they cost and benefit the Commonwealth. Kentucky’s public institutions of higher education receive funding from state revenues. AIKCU’s member institutions do not receive direct state operational funds. Additionally, Kentucky historically has utilized state revenue to assist in the creation of jobs in the Commonwealth. Each year in Kentucky, several hundred new and existing businesses are approved to receive state financial incentives for creating and retaining jobs in the state. AIKCU’s member institutions provide both economic benefits and social benefits to Kentucky without direct state appropriations for the operation of these institutions. This may make the
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AIKCU Economic Impact Estimate
AIKCU’s member institutions the one of the greatest economic and social bargain to the residents and taxpayers of Kentucky. Industries such as manufacturing and transportation tend to have a significant impact on the environment and the state’s infrastructure. Air and water pollution tend to be externalities of these types of industries, while at the same time they place a burden on the state’s infrastructure (exempli gratia: heavy trucks put wear and tear on the highway system). Operationally, AIKCU’s member institutions are friendly to the environment and to the state’s cost of maintaining the state’s infrastructure. Economic Impacts Not Measured in This Report 1. Perhaps the greatest benefit AIKCU’s member institutions provide for the state of Kentucky is an economic impact not measured in this report. The impact of AIKCU’s member institutions’ alumni has a tremendous effect across the spectrum of industries doing business within the Commonwealth. Human capital is the most essential input for any state’s economy, and Kentucky receives this benefit at little or no cost from the alumni of these twenty (20) AIKCU’s member institutions. It can easily be expected that wages, productivity, employment levels, business and industry recruitment, and state and local taxes paid are each enhanced by the presence of the twenty (20) AIKCU’s member institutions’ alumni. 2. Construction projects, which take place on the campuses of AIKCU’s member institutions, generate non-recurring economic impacts, which generate jobs and pay taxes. 3. Student spending beyond payments to AIKCU’s member institutions are not accounted for in this report. 4. Research, federal and corporate grants, and community services provided by the AIKCU’s member institutions have a true value to the state’s economy. However, the results of research projects and the community service provided have not been calculated in this study. Input Data The direct inputs for the economic impact estimates for the operational impact of Kentucky’s AIKCU’s member institutions are listed in Table 1 (below). The member institutions are shown in Table 2 (below), which is inclusive of total wages and employment. Wage and salary benefits have been estimated at 30%. The benefit value for this industry sector is derived from the United States Bureau of Economic Analysis Kentucky state average annual wage benefit for educational services. The components of personal income benefits are inclusive of employer contributions for employee pension and insurance funds (these consist of employer payments to private and government employee retirement plans, private group health and life insurance plans, privately administered workers' compensation plans, and supplemental unemployment benefit plans) and of employer contributions for government social insurance.
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AIKCU Economic Impact Estimate
The industry sectors utilized for the economic impact model are NAICS 6112 and 6113 (Private junior colleges, colleges, universities, and professional schools). Table 1: Direct Input Assumptions for the Economic Impact Estimate Total Annual Total Full & Annual Average Annual Payroll Estimated Part-time Payroll Wage Without Benefits Employment With Without Benefits Benefits Benefits 30% 7,037 $264,821,000 $344,300,000 $37,632
Annual Average Wage With Benefit $48,920
The AIKCU Frankfort, Kentucky, has provided the employment and wage values, utilizing NCES Integrated Postsecondary Education Data System (IPEDS) data sets. The employment and wage values are for the academic year 2011 to 2012. The employment and wage values are for AIKCU member institutions.
Table 2: Association of Independent Kentucky Colleges and Universities Wages and Employment Institution Name Alice Lloyd College Asbury University Bellarmine University Berea College Brescia University Campbellsville University Centre College Georgetown College Kentucky Christian University Kentucky Wesleyan College Lindsey Wilson College Mid-Continent University Midway College Saint Catharine College Spalding University Thomas More College Transylvania University Union College University of Pikeville University of the Cumberlands Totals
Total ExpensesFull-time Part-time Salaries and Wages Employees Employees $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
3,877,609 14,371,567 28,976,472 30,582,087 4,728,771 16,837,382 19,612,361 15,552,290 5,059,395 5,648,420 16,697,384 8,954,463 11,280,469 5,823,411 14,048,706 10,547,593 17,137,712 7,664,986 12,515,336 14,904,319 264,820,733
106 284 398 428 124 360 364 314 100 122 379 199 207 128 213 182 284 188 231 287 4,898
13 138 284 90 52 326 45 98 31 74 169 162 114 16 188 115 36 45 39 104 2,139
Total Employees 119 422 682 518 176 686 409 412 131 196 548 361 321 144 401 297 320 233 270 391 7,037
Source: NCES Integrated Postsecondary Education Data System (IPEDS) data sets. Salary and wage data is for fiscal 2011-12. Employee data is for fall 2011.
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AIKCU Economic Impact Estimate
Economic Impact Operational Estimate (These impacts occur annually within the state of Kentucky) The comprehensive estimate of AIKCU’s member institutions’ economic impact will combine direct, indirect, and induced economic effects. These economic impacts have been segmented as follows: Direct Effects: Direct effects are the initial employment and wage impacts of AIKCU’s member institutions, id est, the direct employment of faculty and staff. Monies spent by the AIKCU’s member institutions directly flow into the salaries of 4,898 fulltime faculty and staff and 2,139 part-time faculty and staff. Total direct wages of $265 million were paid during the 2011 – 2012 academic year. Total direct wages inclusive of benefits during this academic year were $344 million. The average annual wage (inclusive of benefits) is $48,920 (full and part-time combined average). The direct GDP impact is estimated at $344 million (annual). Indirect Effects: This involves AIKCU’s member institutions purchasing goods and services from other Kentucky businesses and industries. These recirculating dollars go on to support the employment of suppliers of goods and services to AIKCU’s member institutions. These dollars continue to circulate further into Kentucky’s economy as businesses owners and employees spend their wages in the state’s economy (induced effect below). An estimated indirect 1,166 Kentucky jobs exist due to the operation of the AIKCU’s member institutions. These industries may consist of food services, building maintenance/repair, employment services, computer related services, wholesale trade, waste management, telecommunications, utilities, air transportation, legal services, et cetera. Total indirect wages with benefits were more than $47 million. The average annual wage (inclusive of benefits) for those workers supporting the AIKCU’s member institutions as suppliers of goods and services is $40,600 (estimate) annually. Indirect Kentucky (GDP) was $102 million (estimate) during the 2011 – 2012 academic year. Induced Effects: This involves the response by Kentucky’s economy to the AIKCU’s member institutions, which occurs through re-spending of income received at the direct and induced stages of the AIKCU’s member institutions operating within the Commonwealth. The induced benefit is the result of direct AIKCU faculty and staff and the indirect jobs of the suppliers of goods and services to the AIKCU’s member institutions spending money as consumers in Kentucky’s economy. This money is recirculated through the household spending patterns, causing further local economic activity. An estimated induced 2,231 Kentucky jobs exist due to the operation of the AIKCU’s member institutions. New jobs created in the areas of food services, plumbing, medical/dental care, barbershops, clothing sales, police & fire protection, lawn care, legal services, financial services, real estate, merchandise stores, automobile dealers, and service stations, et cetera, are due to the direct and indirect effects of the initial creation of jobs. Total induced wages with benefits were $89 million. The average annual wage (inclusive of benefits) is $39,370. Indirect Kentucky gross domestic product was $162 million. Induced Kentucky (GDP) was $162 million (estimate) during the 2011 – 2012 academic year.
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AIKCU Economic Impact Estimate
Total Economic Impact: The value added to Kentucky’s economy on an annual operational basis by the AIKCU’s member institutions indicates this to be one of Kentucky’s primary economic engines. AIKCU’s member institutions direct employment of 7,037 (full and part-time) has the total estimated operational (recurring) economic impact of Creating 10,434 Kentucky jobs which pay an average of $45,950 per year (inclusive of benefits); and Generating $617 million in Kentucky GDP annually (2011-12); o Approximately 0.4% of Kentucky’s total (GDP). Table 3 breaks the operational economic impact into direct, indirect, induced, and total effects on the state’s economy. Table 3: Annual Operational Economic Impact Estimate for AIKCU Institutions Average Annual Total Labor Gross Domestic Wage and Salary Income Impact Type Employment Product/ (Inclusive of (Inclusive of Value Added Benefits) Benefits) 7,037 $ 48,920 $344,300,000 $354,100,000 Direct Effect 1,166 $ 40,600 $47,300,000 $101,800,000 Indirect Effect 2,231 $ 39,370 $87,800,000 $161,700,000 Induced Effect Total Effect 10,434 $ 45,950 $479,400,000 $617,600,000 Note: All economic impacts values occur within Kentucky. Note: All impact values are annual. Note: Totals may have variance due to rounding.
Value Added to Kentucky's Economy by AIKCU’s Member Institutions (Gross Domestic Product Estimate)
Indirect 10%
Induced 18% Direct 72%
Note on Gross Domestic Product (Value Added): Gross Domestic Product is the value of new goods and services added to the state’s economy. This varies from output, which may be characterized by spending and/or the ultimate value of production. Output is often inclusive of economic values generated in other states or countries and may not be a true measure of GDP for Kentucky.
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AIKCU Economic Impact Estimate
Tables 4 and 5 more specifically break out the employment and value added (GDP) impacts for the operational impact of the aggregated twenty (20) AIKCU’s member institutions. This breakout is based on the North American Industry Classification System (NAICS). The industry sectors are delineated at the 2-digit NAICS level.
Table 4: Annual Employment Operational Economic Impact Estimate for AIKCU Member Institutions (2-digit NAICS) NAICS and Industry Sector Direct Indirect Induced Total Total 7,037 1,166 2,230 10,433 11 Agriculture, Forestry, Fish & Hunting 0 22 16 38 21 Mining 0 6 3 9 22 Utilities 0 34 7 41 23 Construction 0 26 18 44 31-33 Manufacturing 0 29 26 55 42 Wholesale trade businesses 0 27 60 87 44-45 Retail trade 0 4 449 453 48-49 Transportation & Warehousing 0 30 42 72 51 Information 0 50 32 82 52 Finance & insurance 0 34 118 153 53 Real estate & rental 0 256 108 364 54 Professional- scientific & tech services 0 101 70 171 55 Management of companies 0 3 6 10 56 Administrative & waste services 0 164 111 275 61 Educational services 7,037 0 44 7,081 62 Health & social services 0 77 526 603 71 Arts- entertainment & recreation 0 17 64 81 72 Accommodation & food services 0 91 288 379 81 Other services 0 75 212 287 92 Government & non NAICs 0 119 30 149 Note: All economic impacts values occur within Kentucky. Note: All impact values are annual. Note: Totals may have variance due to rounding.
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AIKCU Economic Impact Estimate
Table 5: Annual Value Added (GDP) Operational Economic Impact Estimate for AIKCU Member Institutions NAICS and Direct Indirect Induced Total Industry Sector Total $354,113,000 $101,843,000 $161,671,000 $617,627,000 11 Agriculture, Forestry, Fish & Hunting $ $ 540,000 $ 415,000 $ 955,000 21 Mining $ $ 352,000 $ 155,000 $ 507,000 22 Utilities $ $ 15,573,000 $ 3,907,000 $ 19,480,000 23 Construction $ $ 1,478,000 $ 1,031,000 $ 2,509,000 31-33 Manufacturing $ $ 2,852,000 $ 3,764,000 $ 6,616,000 42 Wholesale trade businesses $ $ 3,875,000 $ 8,598,000 $ 12,474,000 44-45 Retail trade $ $ 170,000 $ 20,102,000 $ 20,272,000 48-49 Transportation & Warehousing $ $ 2,718,000 $ 2,989,000 $ 5,707,000 51 Information $ $ 6,391,000 $ 5,246,000 $ 11,636,000 52 Finance & insurance $ $ 4,072,000 $ 13,240,000 $ 17,312,000 53 Real estate & rental $ $ 26,241,000 $ 38,188,000 $ 64,428,000 54 Professional- scientific & tech services $ $ 10,076,000 $ 5,537,000 $ 15,613,000 55 Management of companies $ $ 425,000 $ 827,000 $ 1,252,000 56 Administrative & waste services $ $ 6,946,000 $ 3,932,000 $ 10,878,000 61 Educational services $354,113,000 $ 3,000 $ 1,357,000 $355,474,000 62 Health & social services $ $ 2,181,000 $ 33,106,000 $ 35,287,000 71 Arts- entertainment & recreation $ $ 332,000 $ 1,496,000 $ 1,828,000 72 Accommodation & food services $ $ 2,892,000 $ 8,973,000 $ 11,865,000 81 Other services $ $ 3,733,000 $ 6,209,000 $ 9,943,000 92 Government & non NAICs $ $ 10,991,000 $ 2,599,000 $ 13,590,000 Note: All economic impacts values occur within Kentucky. Note: All impact values are annual. Note: Totals may have variance due to rounding.
Professional industry sectors such as medical offices, law firms, insurance agencies, accounting firms, and private higher education institutions are industries that have similar employment impacts for Kentucky economy. The graph below provides prospective concerning how AIKCU’s member institutions fit into Kentucky’s economy. The employment multiplier for AIKCU’s member institutions is comparable to these Kentucky professional (white-collar) industries.
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AIKCU Economic Impact Estimate
Estimated Impact of 100 Direct Kentucky Jobs in Kentucky 160 140 120 100 80 60 40 20 0
Induced Indirect Direct
Legal services 35.4 17.5 100
Accounting & tax preparation 36.6 13.2 100
AIKCU Members
Home health care services
Veterinary services
31.7 16.6 100
31.4 9.3 100
20.6 8.6 100
Source: The estimates are derived from and based on IMPLAN Group LLC 2012 databases and IMPLAN Version 3.1 software system matrices.
Taxes AIKCU’s member institutions are nonprofit entities operated as educational and research organizations. Therefore, AIKCU’s member institutions are exempt from direct taxation. This does not mean that the economic effects of these institutions do not generate tax revenue. The 7,037 direct full and part-time employees of the AIKCU’s member institutions do pay personal taxes without exemption to federal, state, and local governments. These taxes consist of income, sales, ad valorem, license, excise, social security, et cetera, taxes. Additionally, the businesses, the employees, and the commerce generated by AIKCU’s member institutions pay taxes. AIKCU’s member institutions’ economic effects cause estimated Kentucky state and local tax revenue (annual) of $27.5 million. AIKCU’s member institutions’ economic effects cause estimated federal tax revenue (annual) of $81 million. Approximately $51 million of the federal taxes are social insurance tax (primarily Social Security). Note: This economic impact estimate does not include taxes paid to school districts (education taxes) in the tax estimates. Table 6 (below) provides a breakout estimate of Kentucky state and local taxes paid. Table 7 (below) provides a breakout estimate of federal taxes paid.
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AIKCU Economic Impact Estimate
Table 6: AIKCU Member Institutions Annual Kentucky State and Local Taxes Based on economic activities, which occur in Kentucky State and Local Taxes (Estimates Exclude Education Taxes) Social Ins Tax- Employee Contribution (1) Social Ins Tax- Employer Contribution (2) Indirect Bus Tax: Sales Tax (3) Indirect Bus Tax: Property Tax (4) Indirect Bus Tax: Motor Vehicle Lic (5) Indirect Bus Tax: Severance Tax (6) Indirect Bus Tax: S/L Non Taxes (7) Corporate Profits Tax (8) Tax on Production and Imports: Other Taxes (9) Personal Tax: Income Tax (10) Personal Tax: Non Taxes (Fines- Fees) (11) Personal Tax: Motor Vehicle License (12) Personal Tax: Property Taxes (13) Personal Tax: Other Tax (Fish/Hunt) (14) Total Taxes
Total Tax $296,000 $582,000 $7,083,000 $3,716,000 $122,000 $507,000 $365,000 $598,000 $95,000 $11,890,000 $1,458,000 $416,000 $120,000 $240,000 $27,488,000
Tax estimates are model based. Estimates are based on 7,037-direct, 1,166- indirect, 2,231-induced Kentucky AIKCU jobs.
Local education taxes are excluded.
Table 7: AIKCU Member Institutions Estimated Annual Kentucky Federal Taxes Based on economic activities, which occur in Kentucky Total Tax $22,197,000 $28,045,000 $1,865,000 $1,479,000 $212,000 $3,579,000 $24,004,000 $81,381,000
Federal Taxes Social Ins Tax- Employee Contribution (15) Social Ins Tax- Employer Contribution (16) Indirect Bus Tax: Excise Taxes (17) Indirect Bus Tax: Custom Duty (18) Indirect Bus Tax: Fed Non Taxes (19) Corporate Profits Tax (20) Personal Tax: Income Tax (21) Total Federal Tax
Tax estimates are model based. Estimates are based on 7,037= direct, 1,166 = indirect, 2,231= induced Kentucky AIKCU jobs.
Glossary of Economic Impact Terms Economic impacts are a mathematical method of specifying the economic relationships among all businesses/industries and between businesses/industries and consumers. Input-output (I/O) modeling is the most commonly utilized method to assess the economic outcomes of job creation
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AIKCU Economic Impact Estimate
or reduction. Economic impact modeling captures the direct impact of an employment expenditure (jobs with wages, salaries, and benefits) on the economy. Additionally, the secondary effect (indirect) on the economy is captured and the consumer based (induced) effects are calculated by the model. Economic impact analysis typically utilizes an economic model input-output (I/O) which traces the flow of goods and services, income, and employment among related sectors of the economy. The I/O model generates a mathematical depiction of the flow of economic activity. Id est: Final demand changes on the industrial sector producing the good/service (output) purchases inputs from other industrial sectors, which in turn purchase inputs from other sectors. These industrial sectors purchase additional labor inputs. Employees of these industries use their compensation to purchase goods and services from the economy. Linkages between industries in a region create an economic ripple effect because of changes in demand for products. Strong linkages can lead to a healthier economy, as capital flows through the economy rather than out of it. Gross Domestic Product-Total Value Added: This indicates the total economic value (impact) attributable to Kentucky’s workers and industries. Note: Data consistent with Kentucky’s Gross Domestic Product (GDP). Labor Income-Employee Compensation (Includes Benefits): Employee compensation describes the total payroll costs (including benefits). This includes wage and salary payments (by employers) as well as benefits including overtime compensation, health and life insurance, retirement payments, and other non-cash compensation. Source: Wage and salary benefits estimates are derived from data provided by the United States Bureau of Economic Analysis SA07N Wage and salary disbursements by industry – Kentucky http://www.bea.gov/regional/spi/default.cfm?satable=SA07N&series=NAICS SA06N Compensations by industry – Kentucky http://www.bea.gov/regional/spi/default.cfm?satable=SA06N&series=NAICS Sector: United States Bureau of Economic Analysis = Educational Services. Note: Benefits are based on United States Bureau of Economic Analysis Total Compensation for Wages and Salaries paid during 2012 (Compensation of Employees by Industry – Kentucky). This component of personal income benefits is inclusive of employer contributions for employee pension and insurance funds (consists of employer payments to private and government employee retirement plans, private group health and life insurance plans, privately administered workers' compensation plans, and supplemental unemployment benefit plans) and of employer contributions for government social insurance. Tax Data Sources Estimated tax impact report values are based on the existing relationships of the data found in and allocated by the IMPLAN database/matrix. The general sources for that data are described below:
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AIKCU Economic Impact Estimate
National Income and Product Accounts (NIPA): As with all items in the IMPLAN data sets, all data is ultimately controlled, at the US level, by the BEA’s (Bureau of Economic Analysis) NIPA (National Income and Product Accounts) values. For 2012, IMPLAN data, the national values were controlled with the NIPA accounts utilizing the Survey of Current Business – Personal Tax and Non Tax Receipts, Indirect Business Tax and Non Tax Accruals, and Contributions for Social Insurance. Federal Government Receipts and Current Expenditures, and State and Local Government Receipts and Current Expenditures contain controls for all the IMPLAN data elements found in the tax impact report. Consumer Expenditure Survey (CES): The United States Bureau of the Census annually conducts surveys and diary samplings of household expenditure patterns. It is from these surveys that the BEA benchmarks the personal consumption expenditure portion of NIPA. The survey data is reported for nine different categories of household income establishing the tax to income level relationships for the nine different household categories. The tax matrix are based on the relationships, which can be distributed to many of the state and federal tax values to a county and state level by utilizing the number of local households in each of the nine household categories. Annual Survey of State and Local Government Finances (SLGF): The Bureau of the Census also collects annual state and local government receipts and expenditures data. This data acts as initial controls for state level values (subject to controlling to the NIPA values). Regional Economic Information System (REIS): The BEA collects and reports income, wealth, tax, and employment data on a regional (state and county) basis. Much of the data used to distribute the United States NIPA values to states and counties come from REIS tables: Personal Income by Major Source and Earnings by Industry, and Personal Tax and Non Tax Payments. State and Local Tax Definitions and Sources 1. Social Insurance Tax- Employee Contribution -- The employee paid portion for state social insurance – this represents retirement plans and temporary disability insurance. Source: US NIPA value (“Personal contributions: State and local social insurance funds are distributed to states and based on each state’s share of employee paid state social insurance specified in the SLGF. The SLGF categories comprising employee paid state social insurance are inclusive of Employee Retirement – Local Employee Contribution, Employee Retirement – State Employee Contribution, and Worker’s Compensation – Other Contributions. County distribution is based on county portion of state and local government non-education employee compensation from IMPLAN. 2. Social Insurance Tax- Employer Contribution-- The employer paid portion for state social insurance – this represents retirement plans, worker’s comp and temporary disability insurance. Source: US NIPA value (Employer contributions: State and local social insurance funds are distributed to states and based on each state’s share of employer paid state social insurance specified in the SLGF. The SLGF categories comprising employer paid state social insurance are inclusive of Employee Retirement – From Local Government, Employee Retirement from State Government, Unemployment Compensation – Contribution, and Worker’s Compensation – Own Contributions. County distribution is based on county portion of state and local government non-education employee compensation from IMPLAN.
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AIKCU Economic Impact Estimate
3. Sales taxes paid to state and local government. Source: US NIPA value (“Indirect business tax and non-tax accruals: Property taxes”) is distributed to states based on each state’s proportion of “Tax – Total General Sales” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 4. Property taxes paid to state and local governments. Source: US NIPA value (“Indirect business tax and non-tax accruals: Property Taxes” table) is distributed to states based on each state’s proportion of “Tax – Property” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 5. Motor vehicle license taxes paid to state and local governments. Source: US NIPA value (“State and Local: Motor Vehicle Licenses” table) is distributed to states based on each state’s proportion of “Tax – Motor Vehicle Operator’s License” plus “Tax – Motor Vehicle License” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 6. Severance taxes paid to state and local governments. Source: US NIPA value (“State and Local: Severance taxes”) is distributed to states based on each state’s proportion of “Tax - Severance” plus “Tax – Motor Vehicle License” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 7. Non-taxes paid to state and local governments include rents and royalties, special assessments, fines, settlements, and donations. Source: US NIPA value (“State and Local: Non taxes” table) is distributed to states based on each state’s proportion “Miscellaneous – Rents”; “Miscellaneous – Special Assessments”; “Miscellaneous – Royalties”; and “Miscellaneous – Donations From Private Sources” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 8. State & local government corporate profits tax. Source: US NIPA value (“Corporate profits tax accruals” table) is distributed to states based on “Tax – Corporate Net Income” from the SLGF. The state distribution to counties is based on their proportion of state Other Property Income (from IMPLAN database). 9. Taxes on production and imports Source: US NIPA value (“State and Local: Other taxes” table) is distributed to states based on each state’s proportion of: “Tax – Corporation License”; “Tax – Amusement License”; “Tax – Other License”; “Tax – Documentary & Stock Transfer”; “ Tax – Public Utility License”; “ Tax – Alcoholic Beverage License”; “Tax – Occupation & Business License, NEC”; and “Tax – NEC” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. a. Other taxes paid to state and local governments include business licenses, documentary, and stamp taxes. 10. Household personal income tax payments to state and local governments. Source: US NIPA value (“State and local: Income taxes” table) is distributed to states based on “Tax – Individual Income” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. a. State & local government dividends represent dividend payments to government by corporations from investments.
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AIKCU Economic Impact Estimate
Source: US NIPA value (“Dividends received by government” table) is distributed to states based upon: “Employee Retirement – Securities – Mortgages”; “Employee Retirement – Securities – Corporate Stocks”; “Employee Retirement – Securities – Corporate Bonds”); and “Employee Retirement – Total Other Securities” from the SLGF. The state distribution to counties is based on their proportion of state Other Property Income (from IMPLAN database). Note: The dividend payment to government has been merged with State & Local Government Corporate Profits Tax due to Kentucky tax reform legislation. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 11. Household personal non-tax payments to state and local governments include payments for fines and donations. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 12. Household personal motor vehicle fee payments to state and local governments. Source: US NIPA value (“State and local: Motor Vehicle Licenses” table) is distributed to states based on “Miscellaneous – Fines & Forfeits” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 13. Household personal property tax payments to state and local governments. Source: US NIPA value (“State and local: Property taxes” table) is distributed to states based on “Tax – Property” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. 14. Household personal--other tax payments to state and local governments--includes hunting, fishing, and other personal licenses. Source: US NIPA value (“State and local: Other taxes” table) is distributed to states based on “Tax – Hunting and Fishing License” from the SLGF. State values are distributed to counties based on total “Personal Income” from the BEA REIS (Personal Income) table. Federal Tax Definitions and Sources 15. Social Insurance Tax- Employee Contribution -- The employee paid portion for federal social insurance – this includes social security, unemployment insurance, medical and retirement plans. Source: US NIPA value (“Personal contributions: Federal social insurance funds” minus “Old-age, survivors, disability and hospital insurance: Self-employed is distributed to states and counties based on the “Personal Contribution for Social Insurance” from BEA REIS (Personal Income) table. 16. Social Insurance Tax- Employer Contribution -- The employer paid portion for federal social insurance – this includes social security, medical and retirement plans. Source: US NIPA value employer contributions: Federal social insurance funds are distributed to states and counties based on the “Personal Contribution for Social Insurance” from BEA REIS (Personal Income) table. The employer paid portion is assumed to be a constant proportion of the personal paid proportion. This assumption will be affected by a greater or lesser than average proprietor income. Includes federally levied excise taxes on alcohol, tobacco, telephones, coal, fuels, air transportation, vehicles, et cetera. Source: US NIPA value (“Federal: Excise taxes” table) is distributed to states and counties based on IMPLAN estimates of total IBT for all industries in relationship to US total IBT.
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AIKCU Economic Impact Estimate
17. Excise tax - an inland tax on the sale and/or production for sale of goods or a tax on a good produced. Excises taxes are distinguished from customs duties, which are taxes on importation. Considered an indirect tax, excise taxes are typically a per unit tax, which cost a defined amount per unit of the item purchased. Examples of excise taxes are those on gasoline, tobacco, and alcohol. 18. Custom duties are gross collections - net refunds. Source: US NIPA value (“Federal: Customs duties” table) is distributed to states and counties based on IMPLAN estimates of total IBT for all industries in relationship to US total IBT. 19. Total Indirect Business Tax (IBT) federal non-tax payments include petroleum royalties, fines, regulatory fees, forfeitures, and donated funds. Source: US NIPA value (“Federal: Non taxes” table) is distributed to states and counties. 20. Federal corporate profits tax. Source: US NIPA value (“Corporate profits tax accruals” table) is distributed to states and counties based on their proportion of US Other Property Income (from IMPLAN database). Counties based on IMPLAN estimates of total IBT for all industries in relationship to US total IBT. 21. Income taxes are taxes paid to the federal government through withholding, declarations, and final settlement less refunds. Source: State “Federal government: Individual income taxes (net of refunds)” from REIS tax tables are controlled by the US NIPA value (“Federal: Income Taxes”). State values are distributed to counties based on total “Personal Income” from the BEA REIS Personal Income table.
How multipliers work -- The analysis in this report relies heavily on the use of the IMPLAN modeling system and multipliers. The multiplier processes are based on the principle that new expenditures will have a greater economic impact on the state than the initial dollars spent. Exempli gratia, a student spends a dollar for tuition: the university receives a dollar of revenue. Next to occur, the local university will spend some of that dollar of revenue on Kentucky produced goods and services. The second round of spending is not as large as the first because some of the initial dollars received by the university (employees) will be spent on goods and services produced outside the state. Economists refer to the reduction in spending in the second round as a leakage. Nevertheless, the impact of the initial dollar of spending will be some multiple of the amount of the initial spending. The third round of spending will occur when consumers receive wages and salaries from the first two (2) rounds of economic activity.
14
AIKCU Economic Impact Estimate
Methodology/Sources (partial) The economic impacts estimates and conclusions resulting from this study have been derived from Minnesota IMPLAN Group, Inc. databases. This aggregate database is primarily composed of government data sources including information from US Bureau of Economic Analysis Benchmark I/O Accounts of the US; US Bureau of Economic Analysis Output Estimates; US Bureau of Economic Analysis REIS Program; US Bureau of Labor Statistics ES 202 Program; US Bureau of Labor Statistics Consumer Expenditure Survey; US Bureau of County Business Patterns; US Census Bureau Decennial Census and Population Surveys; US Census Bureau Economic Census and Surveys; US Department of Agriculture; and US Geological Survey. Model Source: The estimates are derived from and based on IMPLAN Group LLC 2012 databases and IMPLAN Version 3.1 software system matrices. Prepared by Phil Flynn Economist Versailles, Kentucky The information provided herein is believed to be accurate and has been prepared for the Association of Independent Kentucky Colleges and Universities (AIKCU). Users of the information other than AIKCU and/or those authorized by AIKCU should perform their own due diligence in drawing conclusions from the information provided. This economic impact report is not a product of any government agency.
15
AIKCU Economic Impact Estimate
Detailed Economic Impact Appendix
16
AIKCU Economic Impact Estimate
Table 8: Detailed Employment Annual Operational Economic Impact Estimate Description Direct Indirect Induced Total Total 7,037.0 1,166.0 2,230.5 10,433.5 Private junior colleges, colleges, universities, 7,037.0 0.1 31.4 7,068.5 and professional schools Food services and drinking places 0.0 87.8 286.2 374.0 Real estate establishments 0.0 250.0 97.7 347.7 Private hospitals 0.0 0.0 143.9 143.9 Offices of physicians, dentists, and other health 0.0 0.0 129.8 129.8 practitioners Other private educational services 0.0 76.8 23.3 100.1 Other state and local government enterprises 0.0 83.0 15.9 98.9 Services to buildings and dwellings 0.0 66.9 28.1 94.9 Retail Stores - General merchandise 0.0 0.7 88.2 88.9 Nursing and residential care facilities 0.0 0.0 87.4 87.4 Wholesale trade businesses 0.0 27.1 60.1 87.2 Employment services 0.0 32.7 53.1 85.8 Retail Stores - Food and beverage 0.0 0.6 72.5 73.0 Civic, social, professional, and similar 0.0 16.7 43.6 60.2 organizations Private household operations 0.0 0.0 58.3 58.3 Retail Stores - Motor vehicle and parts 0.0 0.6 56.5 57.1 Monetary authorities and depository credit 0.0 13.7 35.3 49.0 intermediation activities Retail Stores - Miscellaneous 0.0 0.4 46.9 47.2 Maintenance and repair construction of 0.0 25.4 12.5 38.0 nonresidential structures US Postal Service 0.0 29.3 8.4 37.7 Medical and diagnostic labs and outpatient and 0.0 0.0 37.5 37.6 other ambulatory care services Securities, commodity contracts, investments, 0.0 11.3 26.2 37.4 and related activities Individual and family services 0.0 0.0 36.1 36.1 Automotive repair and maintenance, except car 0.0 9.9 23.1 33.1 washes Legal services 0.0 11.4 20.6 32.0 Retail Stores - Clothing and clothing accessories 0.0 0.2 31.7 31.9 Retail Stores - Health and personal care 0.0 0.2 30.5 30.8 Business support services 0.0 21.8 8.9 30.7 Child day care services 0.0 0.0 30.5 30.5 Retail Nonstories - Direct and electronic sales 0.0 0.1 29.6 29.7 Retail Stores - Gasoline stations 0.0 0.2 29.1 29.3 Dry-cleaning and laundry services 0.0 19.3 9.3 28.7
17
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description Telecommunications Transport by truck Electric power generation, transmission, and distribution Personal care services Accounting, tax preparation, bookkeeping, and payroll services Retail Stores - Building material and garden supply Grant making, giving, and social advocacy organizations Commercial and industrial machinery and equipment repair and maintenance Non depository credit intermediation and related activities Home health care services Spectator sports companies Internet publishing and broadcasting Other computer related services, including facilities management Other support services Waste management and remediation services Insurance agencies, brokerages, and related activities Insurance carriers Fitness and recreational sports centers Retail Stores - Sporting goods, hobby, book and music Couriers and messengers Animal production, except cattle and poultry and eggs Community food, housing, and other relief services, including rehabilitation services Investigation and security services Advertising and related services Architectural, engineering, and related services Management, scientific, and technical consulting services Amusement parks, arcades, and gambling industries Private elementary and secondary schools Computer systems design services
18
Direct
Indirect Induced Total 0.0 13.7 12.1 25.9 0.0 8.2 17.7 25.8 0.0
20.0
5.7
25.7
0.0
0.0
25.5
25.5
0.0
12.7
12.7
25.3
0.0
0.4
24.8
25.2
0.0
0.0
23.7
23.8
0.0
19.4
3.7
23.2
0.0
4.5
18.4
23.0
0.0 0.0 0.0
0.0 7.8 20.4
22.8 14.0 0.5
22.8 21.8 21.0
0.0
18.8
1.8
20.6
0.0 0.0
17.0 14.0
2.7 4.7
19.6 18.7
0.0
3.0
15.3
18.3
0.0 0.0
1.8 3.6
16.4 13.8
18.2 17.4
0.0
0.1
16.8
16.9
0.0
11.2
5.4
16.7
0.0
8.9
6.6
15.5
0.0
0.0
14.6
14.6
0.0 0.0 0.0
7.0 8.4 10.9
7.5 6.1 2.8
14.5 14.4 13.8
0.0
4.5
8.6
13.1
0.0
0.0
12.8
12.8
0.0 0.0
0.0 10.2
12.4 2.2
12.4 12.4
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description Direct Indirect Induced Total Other amusement and recreation industries 0.0 1.9 9.7 11.7 All other miscellaneous professional, scientific, 0.0 9.0 2.5 11.5 and technical services Retail Stores - Electronics and appliances 0.0 0.1 11.4 11.5 Retail Stores - Furniture and home furnishings 0.0 0.1 11.2 11.3 Warehousing and storage 0.0 2.6 8.5 11.0 General and consumer goods rental except video 0.0 4.4 6.0 10.4 tapes and discs Water, sewage and other treatment and delivery 0.0 9.0 0.9 9.9 systems Scientific research and development services 0.0 9.2 0.6 9.7 Management of companies and enterprises 0.0 3.3 6.4 9.7 Data processing, hosting, ISP, web search portals 0.0 3.0 6.4 9.4 and related services Printing 0.0 6.3 2.9 9.2 Newspaper publishers 0.0 3.9 5.1 9.0 Transit and ground passenger transportation 0.0 3.3 5.8 9.0 Promoters of performing arts and sports and 0.0 2.6 6.2 8.9 agents for public figures Veterinary services 0.0 0.0 8.5 8.5 Other personal services 0.0 0.1 7.1 7.3 Extraction of oil and natural gas 0.0 4.6 2.6 7.2 Radio and television broadcasting 0.0 4.0 3.2 7.2 Cattle ranching and farming 0.0 5.9 1.3 7.1 Death care services 0.0 0.0 6.9 6.9 Animal (except poultry) slaughtering, rendering, 0.0 5.6 1.1 6.8 and processing Electronic and precision equipment repair and 0.0 4.2 2.5 6.7 maintenance Funds, trusts, and other financial vehicles 0.0 0.1 6.6 6.7 Personal and household goods repair and 0.0 4.9 1.4 6.3 maintenance Office administrative services 0.0 2.3 3.9 6.2 Maintenance and repair construction of 0.0 0.9 5.2 6.1 residential structures Natural gas distribution 0.0 5.0 0.6 5.6 Car washes 0.0 0.4 4.7 5.1 Grain farming 0.0 2.3 2.7 5.0 Performing arts companies 0.0 0.7 4.0 4.7 Hotels and motels, including casino hotels 0.0 2.7 1.3 4.0 Transport by air 0.0 1.7 2.0 3.7 Motion picture and video industries 0.0 0.9 2.7 3.6
19
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description Bread and bakery product manufacturing Federal electric utilities Automotive equipment rental and leasing Travel arrangement and reservation services Dairy cattle and milk production Poultry processing State and local government electric utilities Custom computer programming services Other Federal Government enterprises Environmental and other technical consulting services Fluid milk and butter manufacturing Scenic and sightseeing transportation and support activities for transportation Periodical publishers State and local government passenger transit Museums, historical sites, zoos, and parks Specialized design services Support activities for agriculture and forestry Religious organizations Soft drink and ice manufacturing Frozen food manufacturing Transport by rail Cookie, cracker, and pasta manufacturing Commercial and industrial machinery and equipment rental and leasing Mining coal Photographic services All other crop farming Directory, mailing list, and other publishers Transport by pipeline Tobacco farming Video tape and disc rental Other plastics product manufacturing Facilities support services Book publishers Independent artists, writers, and performers Motor vehicle parts manufacturing Oilseed farming All other miscellaneous manufacturing Other accommodations Paperboard container manufacturing
Direct 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
20
Indirect Induced Total 2.7 0.8 3.6 2.7 0.8 3.5 0.8 2.6 3.4 2.0 1.3 3.4 2.4 1.0 3.3 0.2 3.0 3.3 2.4 0.8 3.2 2.7 0.4 3.2 0.8 2.1 2.9
0.0
1.1
1.7
2.8
0.0
2.0
0.7
2.7
0.0
1.0
1.7
2.7
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2.0 1.0 0.0 1.9 0.8 0.0 0.1 0.8 1.1 1.1
0.7 1.7 2.5 0.6 1.1 1.9 1.8 1.1 0.8 0.5
2.7 2.6 2.5 2.5 1.9 1.9 1.9 1.9 1.8 1.6
0.0
0.9
0.6
1.5
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
1.1 0.3 0.8 0.8 0.8 0.1 0.0 0.7 0.4 0.4 0.4 0.4 0.3 0.1 0.0 0.3
0.3 1.1 0.4 0.3 0.3 1.0 1.0 0.3 0.5 0.5 0.5 0.5 0.5 0.7 0.6 0.4
1.5 1.4 1.2 1.2 1.1 1.1 1.0 1.0 0.9 0.9 0.9 0.9 0.8 0.8 0.7 0.7
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description Direct Indirect Induced Total Dry, condensed, and evaporated dairy product 0.0 0.5 0.2 0.7 manufacturing Sawmills and wood preservation 0.0 0.3 0.3 0.6 Fruit and vegetable canning, pickling, and drying 0.0 0.4 0.2 0.6 Tobacco product manufacturing 0.0 0.0 0.6 0.6 Seasoning and dressing manufacturing 0.0 0.5 0.1 0.6 Wood windows and doors and millwork 0.0 0.3 0.3 0.6 manufacturing Ready-mix concrete manufacturing 0.0 0.3 0.2 0.6 Wood container and pallet manufacturing 0.0 0.1 0.4 0.5 Greenhouse, nursery, and floriculture production 0.0 0.0 0.5 0.5 Sign manufacturing 0.0 0.3 0.2 0.5 All other food manufacturing 0.0 0.2 0.3 0.5 Commercial hunting and trapping 0.0 0.0 0.5 0.5 Poultry and egg production 0.0 0.1 0.3 0.5 Petroleum refineries 0.0 0.1 0.3 0.5 Automobile manufacturing 0.0 0.0 0.4 0.4 Lessors of nonfinancial intangible assets 0.0 0.4 0.1 0.4 Software publishers 0.0 0.3 0.2 0.4 Men’s and boy’s cut and sew apparel 0.0 0.0 0.4 0.4 manufacturing Cut and sew apparel contractors 0.0 0.1 0.3 0.4 Mining and quarrying stone 0.0 0.2 0.1 0.4 Vegetable and melon farming 0.0 0.1 0.2 0.4 Heating equipment (except warm air furnaces) 0.0 0.3 0.0 0.4 manufacturing Bowling centers 0.0 0.0 0.4 0.4 Other concrete product manufacturing 0.0 0.2 0.1 0.3 Coated and laminated paper, packaging paper 0.0 0.1 0.2 0.3 and plastics film manufacturing Soap and cleaning compound manufacturing 0.0 0.2 0.1 0.3 Cable and other subscription programming 0.0 0.2 0.2 0.3 Cheese manufacturing 0.0 0.2 0.1 0.3 Ornamental and architectural metal products 0.0 0.2 0.1 0.3 manufacturing Cut stone and stone product manufacturing 0.0 0.0 0.3 0.3 Other animal food manufacturing 0.0 0.1 0.2 0.3 Polystyrene foam product manufacturing 0.0 0.1 0.2 0.3 Other information services 0.0 0.0 0.2 0.3 Sound recording industries 0.0 0.1 0.1 0.2 Concrete pipe, brick, and block manufacturing 0.0 0.1 0.1 0.2 Snack food manufacturing 0.0 0.1 0.2 0.2
21
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description Paint and coating manufacturing Ice cream and frozen dessert manufacturing Transport by water Wineries Wood kitchen cabinet and countertop manufacturing Non-chocolate confectionery manufacturing All other miscellaneous wood product manufacturing Commercial logging Sanitary paper product manufacturing Non-upholstered wood household furniture manufacturing Other major household appliance manufacturing All other paper bag and coated and treated paper manufacturing Apparel knitting mills Support activities for oil and gas operations Air conditioning, refrigeration, and warm air heating equipment manufacturing Dental laboratories manufacturing Coffee and tea manufacturing Paper mills Distilleries Plastics packaging materials and unlamented film and sheet manufacturing Surgical appliance and supplies manufacturing Stationery product manufacturing Engineered wood member and truss manufacturing Curtain and linen mills Support activities for printing Electric lamp bulb and part manufacturing Apparel accessories and other apparel manufacturing Electronic computer manufacturing Veneer and plywood manufacturing Material handling equipment manufacturing Urethane and other foam product (except polystyrene) manufacturing Plate work and fabricated structural product manufacturing
22
Direct 0.0 0.0 0.0 0.0
Indirect Induced Total 0.2 0.0 0.2 0.2 0.1 0.2 0.0 0.2 0.2 0.0 0.2 0.2
0.0
0.0
0.2
0.2
0.0
0.2
0.0
0.2
0.0
0.1
0.1
0.2
0.0 0.0
0.1 0.0
0.1 0.2
0.2 0.2
0.0
0.0
0.2
0.2
0.0
0.1
0.1
0.2
0.0
0.1
0.1
0.2
0.0 0.0
0.0 0.1
0.2 0.1
0.2 0.2
0.0
0.1
0.0
0.2
0.0 0.0 0.0 0.0
0.0 0.1 0.0 0.0
0.2 0.1 0.1 0.1
0.2 0.2 0.2 0.2
0.0
0.0
0.1
0.1
0.0 0.0
0.0 0.1
0.1 0.0
0.1 0.1
0.0
0.1
0.1
0.1
0.0 0.0 0.0
0.0 0.1 0.1
0.1 0.0 0.1
0.1 0.1 0.1
0.0
0.0
0.1
0.1
0.0 0.0 0.0
0.0 0.1 0.1
0.1 0.0 0.0
0.1 0.1 0.1
0.0
0.1
0.0
0.1
0.0
0.1
0.0
0.1
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description Pharmaceutical preparation manufacturing Industrial gas manufacturing Fats and oils refining and blending Other pressed and blown glass and glassware manufacturing Glass product manufacturing made of purchased glass Textile bag and canvas mills Electron tube manufacturing Sporting and athletic goods manufacturing Tire manufacturing Other fabricated metal manufacturing Dog and cat food manufacturing Plastics bottle manufacturing Lime and gypsum product manufacturing In-vitro diagnostic substance manufacturing Brick, tile, and other structural clay product manufacturing Audio and video equipment manufacturing Seafood product preparation and packaging Spring and wire product manufacturing All other converted paper product manufacturing Coating, engraving, heat treating and allied activities Breweries Aluminum product manufacturing from purchased aluminum Storage battery manufacturing Household refrigerator and home freezer manufacturing Computer terminals and other computer peripheral equipment manufacturing Other cut and sew apparel manufacturing Printing ink manufacturing All other petroleum and coal products manufacturing Mining and quarrying sand, gravel, clay, and ceramic and refractory minerals Other basic organic chemical manufacturing Plastics material and resin manufacturing Other rubber product manufacturing
23
Direct
Indirect Induced Total 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.1 0.0 0.1 0.0 0.1 0.0
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
0.1 0.0 0.1 0.1 0.0 0.1 0.1 0.0 0.0
0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
0.0
0.0
0.0
0.1
0.0 0.0 0.0 0.0
0.0 0.1 0.0 0.0
0.0 0.0 0.0 0.0
0.1 0.1 0.1 0.1
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.1
0.0
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.1
0.0 0.0
0.1 0.1
0.0 0.0
0.1 0.1
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.1
0.0 0.0 0.0
0.0 0.0 0.0
0.0 0.0 0.0
0.1 0.1 0.1
AIKCU Economic Impact Estimate
Continued -- Table 8: Detailed Employment Annual Operational Economic Impact Estimate
Description All other chemical product and preparation manufacturing Mattress manufacturing Confectionery manufacturing from purchased chocolate Machine shops Wiring device manufacturing Boat building Flavoring syrup and concentrate manufacturing All other basic inorganic chemical manufacturing Fruit farming
24
Direct
Indirect
Induced Total
0.0
0.0
0.0
0.1
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.1
0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0
0.0 0.0 0.1 0.0
0.1 0.1 0.1 0.1
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.1
AIKCU Economic Impact Estimate
Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate Description Direct Indirect Induced Total Total $354,113,403 $101,843,026 $161,670,653 $617,627,082 Private junior colleges, colleges, universities, and $354,113,403 $ 3,495 $ 970,162 $355,087,060 professional schools Real estate establishments $ $25,435,641 $ 9,939,481 $35,375,122 Imputed rental activity for $ $ $27,564,801 $27,564,801 owner-occupied dwellings Electric power generation, $ $12,466,779 $ 3,567,222 $16,034,001 transmission, and distribution Wholesale trade businesses $ $ 3,875,012 $ 8,598,490 $12,473,502 Food services and drinking $ $ 2,720,100 $ 8,866,847 $11,586,946 places Offices of physicians, dentists, $ $ 35 $11,032,693 $11,032,728 and other health practitioners Private hospitals $ $ 47 $10,595,881 $10,595,928 Monetary authorities and depository credit $ $ 2,864,321 $ 7,386,900 $10,251,221 intermediation activities Other state and local $ $ 7,591,099 $ 1,453,851 $ 9,044,950 government enterprises Telecommunications $ $ 4,214,386 $ 3,727,211 $ 7,941,597 Nursing and residential care $ $ $ 4,092,952 $ 4,092,952 facilities Retail Stores - General $ $ 31,310 $ 3,984,480 $ 4,015,790 merchandise Other computer related services, including facilities $ $ 3,572,807 $ 339,684 $ 3,912,491 management Medical and diagnostic labs and outpatient and other $ $ 1,369 $ 3,371,202 $ 3,372,570 ambulatory care services Retail Stores - Motor vehicle $ $ 33,077 $ 3,227,204 $ 3,260,282 and parts Legal services $ $ 1,067,425 $ 1,929,158 $ 2,996,582 Services to buildings and $ $ 2,086,821 $ 876,281 $ 2,963,102 dwellings Retail Stores - Food and $ $ 23,503 $ 2,875,548 $ 2,899,052 beverage Other private educational $ $ 2,179,347 $ 661,816 $ 2,841,164 services Insurance carriers $ $ 274,261 $ 2,428,066 $ 2,702,327 US Postal Service $ $ 2,075,770 $ 595,904 $ 2,671,674
25
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Employment services Accounting, tax preparation, bookkeeping, and payroll services Maintenance and repair construction of nonresidential structures Couriers and messengers Waste management and remediation services Natural gas distribution Civic, social, professional, and similar organizations Retail Stores - Health and personal care Transport by truck Commercial and industrial machinery and equipment repair and maintenance Water, sewage and other treatment and delivery systems Retail Stores - Miscellaneous Securities, commodity contracts, investments, and related activities Retail Stores - Building material and garden supply Non depository credit intermediation and related activities Other support services Insurance agencies, brokerages, and related activities Automotive repair and maintenance, except car washes Retail Nonstories - Direct and electronic sales All other miscellaneous professional, scientific, and technical services Home health care services
Direct $ -
Indirect $ 910,724
Induced $ 1,481,113
Total $ 2,391,837
$ -
$ 1,087,095
$ 1,089,245
$ 2,176,340
$ -
$ 1,422,854
$
701,481
$ 2,124,334
$ -
$ 1,412,059
$
678,823
$ 2,090,883
$ -
$ 1,493,142
$
505,109
$ 1,998,251
$ -
$ 1,667,459
$
191,754
$ 1,859,213
$ -
$
488,953
$ 1,278,719
$ 1,767,672
$ -
$
13,261
$ 1,631,680
$ 1,644,941
$ -
$
515,952
$ 1,114,680
$ 1,630,632
$ -
$ 1,335,783
$
256,051
$ 1,591,834
$ -
$ 1,438,855
$
147,683
$ 1,586,538
$ -
$
12,006
$ 1,546,019
$ 1,558,024
$ -
$
434,560
$ 1,009,971
$ 1,444,531
$ -
$
20,250
$ 1,382,937
$ 1,403,187
$ -
$
274,437
$ 1,123,685
$ 1,398,122
$ -
$ 1,197,168
$
187,498
$ 1,384,666
$ -
$
222,269
$ 1,117,572
$ 1,339,841
$ -
$
393,003
$
917,045
$ 1,310,048
$ -
$
4,757
$ 1,288,749
$ 1,293,505
$ -
$ 1,014,231
$
275,574
$ 1,289,805
$ 1,263,947
$ 1,263,947
$ -
$
26
-
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Management of companies and enterprises Retail Stores - Gasoline stations Dry-cleaning and laundry services Advertising and related services Federal electric utilities Data processing, hosting, ISP, web search portals and related services Retail Stores - Clothing and clothing accessories Business support services Internet publishing and broadcasting Individual and family services Personal care services Architectural, engineering, and related services Scientific research and development services Management, scientific, and technical consulting services Petroleum refineries Grant making, giving, and social advocacy organizations Retail Stores - Electronics and appliances Child day care services Warehousing and storage Printing Retail Stores - Sporting goods, hobby, book and music State and local government electric utilities Fluid milk and butter manufacturing Electronic and precision equipment repair and maintenance
Direct
Indirect
$ -
$
424,573
$ -
$
8,819
$ -
$
$ -
Induced 827,026
$ 1,251,599
$ 1,238,287
$ 1,247,106
820,382
$
396,627
$ 1,217,009
$
674,232
$
488,817
$ 1,163,049
$ -
$
849,310
$
262,747
$ 1,112,058
$ -
$
355,986
$
751,925
$ 1,107,911
$ -
$
8,062
$ 1,086,525
$ 1,094,587
$ -
$
728,682
$
299,404
$ 1,028,086
$ -
$
985,453
$
26,528
$ 1,011,981
$ $ -
$ $
0
$ $
975,015 929,925
$ $
975,015 929,925
$ -
$
713,133
$
185,808
$
898,941
$ -
$
834,832
$
51,293
$
886,125
$ -
$
284,482
$
548,394
$
832,877
$ -
$
212,785
$
600,865
$
813,650
$ -
$
169
$
798,300
$
798,468
$ -
$
6,071
$
782,378
$
788,449
$ $ $ -
$ $ 152,468 $ 436,370
$ $ $
706,806 502,582 199,974
$ $ $
706,806 655,050 636,344
$ -
$
4,321
$
585,676
$
589,997
$ -
$
442,966
$
137,039
$
580,005
$ -
$
385,650
$
145,205
$
530,856
$ -
$
335,210
$
195,346
$
530,556
27
$
Total
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Lessors of nonfinancial intangible assets Computer systems design services Retail Stores - Furniture and home furnishings Newspaper publishers Personal and household goods repair and maintenance General and consumer goods rental except video tapes and discs Community food, housing, and other relief services, including rehabilitation services Radio and television broadcasting Other Federal Government enterprises Spectator sports companies Private elementary and secondary schools Maintenance and repair construction of residential structures Transport by air Tobacco product manufacturing Office administrative services Distilleries Death care services Investigation and security services Transit and ground passenger transportation Other amusement and recreation industries Other personal services Private household operations Amusement parks, arcades, and gambling industries Automotive equipment rental and leasing
Direct
Indirect
Induced
Total
$ -
$
430,623
$
69,702
$
500,325
$ -
$
393,486
$
84,622
$
478,109
$ -
$
5,025
$
472,376
$
477,400
$ -
$
199,896
$
260,167
$
460,063
$ -
$
344,698
$
99,797
$
444,495
$ -
$
185,577
$
252,399
$
437,976
$ -
$
0
$
405,921
$
405,921
$ -
$
221,044
$
177,088
$
398,131
$ -
$
109,468
$
285,969
$
395,437
$ -
$
141,423
$
253,592
$
395,015
$
387,045
$
387,045
$ -
$
-
$ -
$
55,562
$
329,381
$
384,944
$ -
$
174,606
$
207,004
$
381,610
$ -
$
0
$
381,370
$
381,370
$ $ $ -
$ 143,190 $ 30,630 $ -
$ $ $
236,950 346,100 368,464
$ $ $
380,140 376,730 368,464
$ -
$
172,301
$
183,668
$
355,968
$ -
$
124,019
$
218,650
$
342,669
$ -
$
56,087
$
281,274
$
337,361
$ $ -
$ $
6,464 -
$ $
327,360 330,346
$ $
333,824 330,346
$ -
$
252
$
325,772
$
326,024
$ -
$
79,141
$
245,303
$
324,444
28
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Veterinary services Animal (except poultry) slaughtering, rendering, and processing Animal production, except cattle and poultry and eggs Fitness and recreational sports centers Travel arrangement and reservation services Transport by rail Bread and bakery product manufacturing Hotels and motels, including casino hotels Mining coal Periodical publishers Custom computer programming services Religious organizations Poultry processing Specialized design services Museums, historical sites, zoos, and parks Transport by pipeline Cookie, cracker, and pasta manufacturing Dairy cattle and milk production Commercial and industrial machinery and equipment rental and leasing Soft drink and ice manufacturing Funds, trusts, and other financial vehicles Promoters of performing arts and sports and agents for public figures Extraction of oil and natural gas Environmental and other technical consulting services
Direct $ -
Indirect $ 1,448
Induced $ 306,164
Total $ 307,612
$ -
$
247,812
$
50,278
$
298,090
$ -
$
168,018
$
125,533
$
293,550
$ -
$
59,383
$
228,769
$
288,152
$ -
$
163,957
$
106,168
$
270,125
$ -
$
154,955
$
109,860
$
264,815
$ -
$
202,288
$
62,233
$
264,521
$ -
$
170,191
$
81,620
$
251,810
$ $ -
$ $
180,094 168,828
$ $
53,776 60,608
$ $
233,869 229,435
$ -
$
194,765
$
30,462
$
225,226
$ $ $ -
$ $ 14,794 $ 159,307
$ $ $
217,782 196,669 46,394
$ $ $
217,782 211,463 205,701
$
197,923
$
197,923
$ -
$
-
$ -
$
140,049
$
51,903
$
191,952
$ -
$
128,212
$
63,275
$
191,487
$ -
$
134,481
$
55,309
$
189,790
$ -
$
109,722
$
79,137
$
188,858
$ -
$
12,771
$
172,388
$
185,159
$ -
$
2,211
$
173,926
$
176,136
$ -
$
50,084
$
118,675
$
168,760
$ -
$
105,493
$
60,134
$
165,628
$ -
$
64,413
$
98,816
$
163,229
29
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Frozen food manufacturing Directory, mailing list, and other publishers Cattle ranching and farming All other petroleum and coal products manufacturing Book publishers Facilities support services Dry, condensed, and evaporated dairy product manufacturing Car washes Soap and cleaning compound manufacturing Scenic and sightseeing transportation and support activities for transportation Motion picture and video industries Other plastics product manufacturing Petroleum lubricating oil and grease manufacturing Mining and quarrying stone Automobile manufacturing Photographic services Software publishers Fruit and vegetable canning, pickling, and drying Performing arts companies All other crop farming Sanitary paper product manufacturing Paperboard container manufacturing Motor vehicle parts manufacturing Flavoring syrup and concentrate manufacturing Seasoning and dressing manufacturing Support activities for agriculture and forestry
Direct $ -
Indirect $ 60,088
Induced $ 79,560
Total $ 139,648
$ -
$
95,550
$
36,884
$
132,434
$ -
$
109,007
$
23,172
$
132,179
$ -
$
34,280
$
92,020
$
126,300
$ $ -
$ $
47,904 50,206
$ $
61,209 55,756
$ $
109,113 105,962
$ -
$
77,292
$
26,238
$
103,530
$ -
$
8,731
$
93,611
$
102,342
$ -
$
73,463
$
28,182
$
101,645
$ -
$
38,452
$
63,051
$
101,503
$ -
$
24,501
$
72,708
$
97,209
$ -
$
62,476
$
28,932
$
91,408
$ -
$
15,899
$
73,672
$
89,571
$ $ $ $
-
$ $ $ $
50,616 149 14,539 49,245
$ $ $ $
33,337 78,610 62,853 27,165
$ $ $ $
83,953 78,759 77,392 76,409
$ -
$
46,114
$
29,385
$
75,499
$ $ -
$ $
10,701 44,108
$ $
63,052 24,083
$ $
73,753 68,191
$ -
$
5,502
$
61,917
$
67,419
$ -
$
27,480
$
39,685
$
67,165
$ -
$
26,681
$
33,795
$
60,475
$ -
$
18,105
$
41,519
$
59,624
$ -
$
45,707
$
13,330
$
59,036
$ -
$
21,765
$
28,813
$
50,578
30
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Coated and laminated paper, packaging paper and plastics film manufacturing Fats and oils refining and blending All other miscellaneous manufacturing Paper mills Grain farming Transport by water Other animal food manufacturing Snack food manufacturing All other food manufacturing Greenhouse, nursery, and floriculture production Poultry and egg production Non-chocolate confectionery manufacturing Video tape and disc rental Other major household appliance manufacturing Ready-mix concrete manufacturing Independent artists, writers, and performers Electronic computer manufacturing Vegetable and melon farming Sign manufacturing Cable and other subscription programming Heating equipment (except warm air furnaces) manufacturing Paint and coating manufacturing Breweries Polystyrene foam product manufacturing Other accommodations Sound recording industries
Direct
Indirect
Induced
Total
$ -
$
20,377
$
29,783
$
50,160
$ -
$
34,741
$
15,097
$
49,838
$ -
$
5,052
$
44,313
$
49,365
$ $ $ -
$ $ $
14,565 22,170 5,633
$ $ $
33,525 25,893 42,097
$ $ $
48,089 48,063 47,731
$ -
$
18,273
$
29,382
$
47,655
$ $ -
$ $
10,069 17,814
$ $
33,156 23,354
$ $
43,224 41,168
$ -
$
1,225
$
38,985
$
40,211
$ -
$
12,597
$
27,464
$
40,061
$ -
$
29,031
$
8,822
$
37,853
$
36,861
$
36,861
$ -
$
-
$ -
$
10,975
$
23,941
$
34,916
$ -
$
20,260
$
14,368
$
34,627
$ -
$
14,024
$
19,219
$
33,244
$ -
$
8,737
$
24,315
$
33,052
$ $ -
$ $
12,115 18,785
$ $
20,306 13,520
$ $
32,421 32,305
$ -
$
15,087
$
14,782
$
29,869
$ -
$
26,713
$
3,029
$
29,743
$ -
$
24,830
$
4,219
$
29,049
$ -
$
13,402
$
14,500
$
27,902
$ -
$
8,941
$
17,158
$
26,099
$ $ -
$ $
1,786 10,185
$ $
24,114 15,001
$ $
25,900 25,186
31
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Wood windows and doors and millwork manufacturing Wood container and pallet manufacturing Electric lamp bulb and part manufacturing Pharmaceutical preparation manufacturing Oilseed farming Sawmills and wood preservation Ornamental and architectural metal products manufacturing Asphalt paving mixture and block manufacturing Dog and cat food manufacturing Industrial gas manufacturing Concrete pipe, brick, and block manufacturing Other concrete product manufacturing Air conditioning, refrigeration, and warm air heating equipment manufacturing In-vitro diagnostic substance manufacturing Plastics packaging materials and unlamented film and sheet manufacturing Other information services Household refrigerator and home freezer manufacturing Men’s and boy’s cut and sew apparel manufacturing Toilet preparation manufacturing All other paper bag and coated and treated paper manufacturing Wineries Cut stone and stone product manufacturing
Direct
Indirect
Induced
Total
$ -
$
13,005
$
11,730
$
24,735
$ -
$
4,110
$
19,748
$
23,857
$ -
$
11,500
$
11,997
$
23,496
$ -
$
1,879
$
20,416
$
22,295
$ -
$
9,375
$
12,883
$
22,258
$ -
$
10,966
$
10,976
$
21,942
$ -
$
14,421
$
7,017
$
21,438
$ -
$
12,160
$
8,832
$
20,992
$ -
$
2
$
20,885
$
20,887
$ -
$
5,709
$
14,504
$
20,212
$ -
$
11,720
$
8,044
$
19,764
$ -
$
10,236
$
8,764
$
18,999
$ -
$
15,481
$
2,770
$
18,250
$ -
$
10,551
$
7,375
$
17,926
$ -
$
5,825
$
11,928
$
17,754
$ -
$
2,533
$
14,579
$
17,112
$ -
$
692
$
15,999
$
16,691
$ -
$
92
$
15,497
$
15,589
$ -
$
1,276
$
14,207
$
15,483
$ -
$
7,570
$
7,843
$
15,413
$ -
$
1,164
$
14,030
$
15,194
$ -
$
2,066
$
12,823
$
14,889
32
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Material handling equipment manufacturing Commercial hunting and trapping Support activities for printing Stationery product manufacturing Other pressed and blown glass and glassware manufacturing Surgical appliance and supplies manufacturing Tobacco farming Plastics bottle manufacturing Other basic organic chemical manufacturing Cheese manufacturing Cut and sew apparel contractors Plastics material and resin manufacturing All other basic inorganic chemical manufacturing Ice cream and frozen dessert manufacturing All other converted paper product manufacturing Urethane and other foam product (except polystyrene) manufacturing Wood kitchen cabinet and countertop manufacturing Coffee and tea manufacturing Beet sugar manufacturing Support activities for oil and gas operations Dental laboratories manufacturing Plate work and fabricated structural product manufacturing Lime and gypsum product manufacturing
Direct
Indirect
$ -
$
$ -
$
Induced
13,065 -
Total
$
768
$
13,833
$
13,513
$
13,513
$ -
$
10,377
$
2,729
$
13,106
$ -
$
9,218
$
3,798
$
13,016
$ -
$
5,349
$
7,578
$
12,928
$ -
$
375
$
12,026
$
12,401
$ $ -
$ $
705 3,171
$ $
11,194 8,032
$ $
11,899 11,203
$ -
$
5,334
$
5,500
$
10,834
$ -
$
5,843
$
4,738
$
10,581
$ -
$
3,749
$
6,554
$
10,303
$ -
$
4,817
$
5,273
$
10,090
$ -
$
3,989
$
5,960
$
9,949
$ -
$
7,054
$
2,794
$
9,847
$ -
$
3,994
$
5,587
$
9,581
$ -
$
5,646
$
3,845
$
9,491
$ -
$
2,001
$
7,486
$
9,486
$ $ -
$ $
5,219 6,852
$ $
4,203 2,500
$ $
9,422 9,353
$ -
$
5,826
$
3,328
$
9,154
$ -
$
0
$
8,975
$
8,975
$ -
$
5,879
$
3,090
$
8,969
$ -
$
5,321
$
3,585
$
8,907
33
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Sporting and athletic goods manufacturing Tire manufacturing Coating, engraving, heat treating and allied activities All other miscellaneous wood product manufacturing Other fabricated metal manufacturing Glass product manufacturing made of purchased glass Spring and wire product manufacturing Seafood product preparation and packaging Computer terminals and other computer peripheral equipment manufacturing Bowling centers Aluminum product manufacturing from purchased aluminum All other chemical product and preparation manufacturing Nonupholstered wood household furniture manufacturing Light truck and utility vehicle manufacturing Mattress manufacturing Printing ink manufacturing Mining and quarrying sand, gravel, clay, and ceramic and refractory minerals Support activities for other mining Arms, ordnance, and accessories manufacturing Wiring device manufacturing Commercial logging Power boiler and heat exchanger manufacturing Storage battery manufacturing
Direct
Indirect
Induced
Total
$ -
$
98
$
8,704
$
8,802
$ -
$
1,382
$
7,281
$
8,663
$ -
$
4,298
$
4,192
$
8,490
$ -
$
2,467
$
5,879
$
8,346
$ -
$
3,432
$
4,910
$
8,342
$ -
$
3,070
$
5,223
$
8,293
$ -
$
3,071
$
5,213
$
8,284
$ -
$
6,951
$
1,217
$
8,169
$ -
$
3,756
$
4,164
$
7,920
$ -
$
153
$
7,729
$
7,882
$ -
$
1,096
$
6,739
$
7,835
$ -
$
4,223
$
3,488
$
7,711
$ -
$
2
$
7,637
$
7,640
$ -
$
1
$
7,524
$
7,525
$ $ -
$ $
17 5,885
$ $
7,445 1,427
$ $
7,461 7,312
$ -
$
4,893
$
2,287
$
7,180
$ -
$
5,103
$
1,872
$
6,976
$ -
$
297
$
6,389
$
6,686
$ $ -
$ $
5,823 2,914
$ $
748 3,153
$ $
6,571 6,067
$ -
$
3,897
$
2,162
$
6,059
$ -
$
1,778
$
4,205
$
5,984
34
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Soybean and other oilseed processing Engineered wood member and truss manufacturing Electron tube manufacturing Cement manufacturing Apparel knitting mills Curtain and linen mills Other rubber product manufacturing Household cooking appliance manufacturing Steel product manufacturing from purchased steel Brick, tile, and other structural clay product manufacturing Audio and video equipment manufacturing Apparel accessories and other apparel manufacturing Plastics pipe and pipe fitting manufacturing Veneer and plywood manufacturing Machine shops Fruit farming Rubber and plastics hoses and belting manufacturing Adhesive manufacturing Tortilla manufacturing All other forging, stamping, and sintering Air purification and ventilation equipment manufacturing Lighting fixture manufacturing Switchgear and switchboard apparatus manufacturing Iron and steel mills and ferroalloy manufacturing Synthetic dye and pigment manufacturing
Direct
Indirect
Induced
Total
$ -
$
3,132
$
2,722
$
5,854
$ -
$
2,922
$
2,926
$
5,848
$ $ $ $
-
$ $ $ $
5,668 3,189 51 232
$ $ $ $
152 2,337 5,258 5,045
$ $ $ $
5,821 5,526 5,309 5,277
$ -
$
2,146
$
3,092
$
5,238
$ -
$
178
$
4,989
$
5,166
$ -
$
3,112
$
1,890
$
5,002
$ -
$
2,475
$
2,486
$
4,960
$ -
$
2,057
$
2,828
$
4,885
$ -
$
75
$
4,799
$
4,874
$ -
$
2,892
$
1,932
$
4,824
$ -
$
2,834
$
1,953
$
4,787
$ $ -
$ $
2,555 708
$ $
1,867 3,500
$ $
4,421 4,208
$ -
$
1,942
$
2,159
$
4,101
$ $ -
$ $
1,674 2,343
$ $
2,407 1,476
$ $
4,081 3,819
$ -
$
1,891
$
1,918
$
3,809
$ -
$
2,962
$
832
$
3,793
$ -
$
2,695
$
1,046
$
3,742
$ -
$
2,003
$
1,587
$
3,590
$ -
$
1,943
$
1,523
$
3,466
$ -
$
2,162
$
1,192
$
3,354
35
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Metal can, box, and other metal container (light gauge) manufacturing Flour milling and malt manufacturing Upholstered household furniture manufacturing Communication and energy wire and cable manufacturing Textile bag and canvas mills Office Furniture Confectionery manufacturing from purchased chocolate Ball and roller bearing manufacturing Broom, brush, and mop manufacturing Other cut and sew apparel manufacturing Hardware manufacturing Pesticide and other agricultural chemical manufacturing Miscellaneous nonmetallic mineral product manufacturing Synthetic rubber manufacturing Crown and closure manufacturing and metal stamping Ophthalmic goods manufacturing Other communications equipment manufacturing Boat building Dental equipment and supplies manufacturing Turned product and screw, nut, and bolt manufacturing Alumina refining and primary aluminum production Blind and shade manufacturing Paperboard Mills
Direct
Indirect
Induced
Total
$ -
$
1,412
$
1,878
$
3,291
$ -
$
2,278
$
1,011
$
3,289
$ -
$
1
$
3,275
$
3,276
$ -
$
1,785
$
1,486
$
3,272
$ $ -
$ $
838 14
$ $
2,432 3,121
$ $
3,270 3,135
$ -
$
798
$
2,280
$
3,077
$ -
$
1,774
$
1,218
$
2,992
$ -
$
910
$
1,951
$
2,861
$ -
$
2,091
$
757
$
2,849
$ -
$
889
$
1,906
$
2,795
$ -
$
1,709
$
965
$
2,673
$ -
$
2,063
$
590
$
2,654
$ -
$
892
$
1,749
$
2,641
$ -
$
1,005
$
1,635
$
2,640
$ -
$
11
$
2,512
$
2,523
$ -
$
1,308
$
1,196
$
2,505
$ -
$
93
$
2,392
$
2,485
$ -
$
11
$
2,227
$
2,237
$ -
$
1,213
$
1,005
$
2,218
$ -
$
1,165
$
1,045
$
2,210
$ $ -
$ $
35 954
$ $
2,147 1,130
$ $
2,182 2,085
36
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Showcase, partition, shelving, and locker manufacturing Unlamented plastics profile shape manufacturing Hand tool manufacturing Other industrial machinery manufacturing Lawn and garden equipment manufacturing All other textile product mills Motorcycle, bicycle, and parts manufacturing Prefabricated wood building manufacturing Forestry, forest products, and timber tract production Jewelry and silverware manufacturing Heavy duty truck manufacturing Other engine equipment manufacturing Other leather and allied product manufacturing Mineral wool manufacturing Gasket, packing, and sealing device manufacturing Small electrical appliance manufacturing Cutlery, utensil, pot, and pan manufacturing Metal tank (heavy gauge) manufacturing Custom roll forming Valve and fittings other than plumbing manufacturing Fertilizer manufacturing Copper rolling, drawing, extruding and alloying Pump and pumping equipment manufacturing Medicinal and botanical manufacturing
Direct
Indirect
Induced
Total
$ -
$
653
$
1,371
$
2,025
$ -
$
841
$
1,118
$
1,959
$ -
$
856
$
993
$
1,848
$ -
$
889
$
946
$
1,835
$ -
$
306
$
1,514
$
1,820
$ -
$
227
$
1,586
$
1,812
$ -
$
72
$
1,685
$
1,757
$ -
$
1,031
$
633
$
1,663
$ -
$
783
$
879
$
1,663
$ -
$
21
$
1,619
$
1,640
$ -
$
69
$
1,528
$
1,597
$ -
$
500
$
1,056
$
1,556
$ -
$
91
$
1,454
$
1,545
$ -
$
630
$
903
$
1,533
$ -
$
417
$
1,092
$
1,509
$ -
$
297
$
1,201
$
1,498
$ -
$
896
$
580
$
1,476
$ -
$
1,003
$
460
$
1,463
$ -
$
985
$
474
$
1,460
$ -
$
986
$
382
$
1,368
$ -
$
685
$
659
$
1,344
$ -
$
556
$
644
$
1,200
$ -
$
866
$
333
$
1,199
$ -
$
268
$
918
$
1,186
37
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Construction machinery manufacturing Motor and generator manufacturing Nonferrous metal (except copper and aluminum) rolling, drawing, extruding and alloying Flat glass manufacturing Abrasive product manufacturing Other commercial and service industry machinery manufacturing Surgical and medical instrument, laboratory and medical instrument manufacturing Ground or treated mineral and earth manufacturing Totalizing fluid meters and counting devices manufacturing Turbine and turbine generator set units manufacturing Special tool, die, jig, and fixture manufacturing Narrow fabric mills and schiffli machine embroidery Nonferrous metal foundries Fluid power process machinery manufacturing Footwear manufacturing Relay and industrial control manufacturing Industrial mold manufacturing Pottery, ceramics, and plumbing fixture manufacturing Electronic capacitor, resistor, coil, transformer, and other inductor manufacturing Nonwoven fabric mills
Direct
Indirect
Induced
Total
$ -
$
878
$
305
$
1,183
$ -
$
802
$
372
$
1,173
$ -
$
644
$
500
$
1,144
$ -
$
494
$
647
$
1,141
$ -
$
676
$
428
$
1,104
$ -
$
540
$
514
$
1,054
$ -
$
57
$
934
$
992
$ -
$
547
$
445
$
991
$ -
$
698
$
276
$
975
$ -
$
729
$
199
$
929
$ -
$
72
$
841
$
913
$ -
$
84
$
829
$
913
$ -
$
445
$
465
$
910
$ -
$
563
$
346
$
909
$ -
$
0
$
908
$
908
$ -
$
530
$
343
$
873
$ -
$
618
$
236
$
854
$ -
$
88
$
647
$
735
$ -
$
449
$
250
$
698
$ -
$
155
$
539
$
694
38
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Mechanical power transmission equipment manufacturing Institutional furniture manufacturing Metal and other household furniture manufacturing Cutting tool and machine tool accessory manufacturing Metal cutting and forming machine tool manufacturing Secondary smelting and alloying of aluminum Laminated plastics plate, sheet (except packaging), and shape manufacturing Other electronic component manufacturing Farm machinery and equipment manufacturing Other general purpose machinery manufacturing Plumbing fixture fitting and trim manufacturing Musical instrument manufacturing All other miscellaneous electrical equipment and component manufacturing Aircraft engine and engine parts manufacturing Fabricated pipe and pipe fitting manufacturing Printed circuit assembly (electronic assembly) manufacturing Carbon black manufacturing Commercial Fishing Motor vehicle body manufacturing Packaging machinery manufacturing
Direct
Indirect
Induced
Total
$ -
$
387
$
297
$
684
$ -
$
135
$
520
$
656
$ -
$
6
$
648
$
655
$ -
$
395
$
233
$
629
$ -
$
384
$
204
$
587
$ -
$
327
$
257
$
584
$ -
$
320
$
261
$
580
$ -
$
336
$
237
$
574
$ -
$
400
$
161
$
562
$ -
$
330
$
220
$
550
$ -
$
276
$
244
$
520
$ -
$
44
$
475
$
520
$ -
$
145
$
369
$
514
$ -
$
381
$
116
$
497
$ -
$
263
$
222
$
485
$ -
$
184
$
293
$
477
$ $ -
$ $
187 147
$ $
291 326
$ $
477 473
$ -
$
120
$
338
$
458
$ -
$
86
$
368
$
454
39
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Watch, clock, and other measuring and controlling device manufacturing Power, distribution, and specialty transformer manufacturing Doll, toy, and game manufacturing Clay and non-clay refractory manufacturing Air and gas compressor manufacturing Industrial process furnace and oven manufacturing Ammunition manufacturing Mining and oil and gas field machinery manufacturing Travel trailer and camper manufacturing Speed changer, industrial highspeed drive, and gear manufacturing Railroad rolling stock manufacturing Vending, commercial, industrial, and office machinery manufacturing Software, audio, and video media for reproduction Analytical laboratory instrument manufacturing Automatic environmental control manufacturing Electro medical and electrotherapeutic apparatus manufacturing Office supplies (except paper) manufacturing Semiconductor and related device manufacturing Carbon and graphite product manufacturing
Direct
Indirect
Induced
Total
$ -
$
42
$
382
$
424
$ -
$
204
$
216
$
420
$ -
$
1
$
397
$
398
$ -
$
213
$
181
$
394
$ -
$
100
$
200
$
300
$ -
$
266
$
34
$
300
$ -
$
10
$
272
$
283
$ -
$
178
$
100
$
278
$ -
$
18
$
257
$
275
$ -
$
191
$
76
$
267
$ -
$
141
$
106
$
247
$ -
$
57
$
163
$
220
$ -
$
122
$
93
$
215
$ -
$
74
$
116
$
190
$ -
$
112
$
73
$
185
$ -
$
8
$
167
$
175
$ -
$
54
$
103
$
158
$ -
$
90
$
64
$
154
$ -
$
101
$
52
$
153
40
AIKCU Economic Impact Estimate
Continued -- Table 9: Detailed Gross Domestic Product Annual Operational Economic Impact Estimate
Description Other aircraft parts and auxiliary equipment manufacturing Textile and fabric finishing mills Tree nut farming Carpet and rug mills Ferrous metal foundries Reconstituted wood product manufacturing Mining and quarrying other nonmetallic minerals Plastics and rubber industry machinery manufacturing Rolling mill and other metalworking machinery manufacturing Industrial process variable instruments manufacturing Women’s and girl’s cut and sew apparel manufacturing Truck trailer manufacturing Telephone apparatus manufacturing Leather and hide tanning and finishing Custom architectural woodwork and millwork manufacturing Broad woven fabric mills Electricity and signal testing instruments manufacturing Bare printed circuit board manufacturing Ship building and repairing Search, detection, and navigation instruments manufacturing Aircraft manufacturing
Direct
Indirect
Induced
Total
$ -
$
67
$
85
$
153
$ -
$
18
$
130
$
147
$ $ $ -
$ $ $
26 4 80
$ $ $
119 141 58
$ $ $
145 145 138
$ -
$
46
$
83
$
128
$ -
$
71
$
57
$
128
$ -
$
65
$
62
$
128
$ -
$
92
$
34
$
126
$ -
$
81
$
43
$
124
$ -
$
3
$
88
$
91
$ -
$
47
$
16
$
63
$ -
$
27
$
35
$
62
$ -
$
24
$
37
$
61
$ -
$
10
$
38
$
47
$ -
$
4
$
43
$
46
$ -
$
17
$
15
$
31
$ -
$
19
$
11
$
30
$ -
$
8
$
18
$
27
$ -
$
4
$
7
$
11
$ -
$
2
$
5
$
7
41
