overview of hartsfield-jackson's economic impact on metro atlanta myrna white director, office...
TRANSCRIPT
Overview ofHartsfield-Jackson's Economic Impact on Metro Atlanta
Myrna WhiteDirector, Office of Public Affairs
Department of Aviation
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Project Purpose
Quantify the economic impact of the Airport
Describe the economic relationship between the Airport and the state and local economy
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Components of Economic Impact
Relevant Economic Sectors Airport Generated Visitor Industry Related Jobs
Terms of Measure Jobs Wages (Personal Income) Business Revenue (Economic Impact)
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Types of Impacts
Direct – Initial spending - initiated at the airport or by visitor purchases
Indirect – Purchases by businesses of supplies and services
Induced – Re-spending of wages for local goods and services
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2013 Jobs Metro (Atlanta)
Jobs Airport Generated
Visitor Industry
Related Jobs* Total Jobs
Direct 63,291 173,099 9,146 245,536Indirect 51,312 38,989 8,710 99,011Induced 43,747 50,969 9,433 104,149
Total 158,350 263,057 27,289 448,696
*Related jobs are generated by aviation dependent exports, which are goods produced in the Atlanta MSA and sold and shipped to long distance customers through ATL. These sales, in turn, support jobs, the income paid to workers, and overall business revenues.
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Comparison - Jobs
Jobs 2009 2013Direct Airport Generated 58,000 63,300Direct Visitor Spending 169,500 173,100Indirect and Induced 175,500 185,000
Sub-Totals 403,000 421,400Off-Airport Related Jobs 31,400 27,300
Totals 434,400 448,700
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* Jobs rounded to nearest hundred.
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Employment Geography
MSA County On-Airport Employees
Percent of Direct Jobs
South Fulton 13,926 22.00%Coweta 9,365 14.80%Fayette 8,751 13.83%Henry 6,177 9.76%Clayton 5,012 7.92%Cobb 4,233 6.69%North Fulton 3,792 5.99%DeKalb 3,595 5.68%Gwinnett 1,852 2.93%Douglas 1,453 2.30%Cherokee 637 1.01%Rest of GA 4,343 6.86%Rest of U.S. 154 0.24%TOTAL 63,290 100.00%
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2013 Wages
LaborIncome
Airport Generated
Visitor Industry
Related Jobs*
Total Earnings
Direct $4.17 billion $4.30 billion $592 million $9.06 billionIndirect $2.40 billion $1.85 billion $497 million $4.74 billionInduced $1.98 billion $2.27 billion $370 million $4.62 billion
Total $8.55 billion $8.42 billion $1.46 billion $18.42 billion
*Related jobs are generated by aviation dependent exports, which are goods produced in the Atlanta MSA and sold and shipped to long distance customers through ATL. These sales, in turn, support jobs, the income paid to workers, and overall business revenues.
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2013 Business Revenue
Airport Generated
Visitor Industry
Related Jobs*
Total Revenue
Direct $16.46 billion $14.36 billion $4.00 billion $34.82 billion
Indirect (Local Purchase) $7.93 billion $5.59 billion $1.52 billion $15.04 billion
Induced (Labor Re-spending) $6.42 billion $6.77 billion $1.22 billion $14.42 billion
Total Business Revenue $30.81 billion $26.72 billion $6.74 billion $64.28 billion
*Related jobs are generated by aviation dependent exports, which are goods produced in the Atlanta MSA and sold and shipped to long distance customers through ATL. These sales, in turn, support jobs, the income paid to workers, and overall business revenues.
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2013 Cargo Summary
Impact Type Employment Labor Income
Business Revenue
Direct 9,100 $592 million $4.00 billionIndirect (Local Purchase) 8,700 $497 million $1.52 billionInduced (Labor Re-spending) 9,400 $370 million $1.22 billion
Total Effect* 27,300 $1.46 billion $6.74 billion
DOMESTIC & INTERNATIONAL
* Totals may not add due to rounding. Jobs rounded to nearest hundred.
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Summary of Impacts – Revenues
Direct Economic Impact$34.8 Billion annually to Metro Atlanta$38.4 Billion annually to Georgia
Total Economic Impact$64.3 Billion annually to Metro Atlanta$70.9 Billion annually to Georgia
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Summary of Impacts – Jobs
Hartsfield-Jackson Direct Employment63,300 workers
Total Jobs - (Direct, Indirect, and Induced)448,700 jobs in Metro Atlanta481,500 jobs in Georgia
* Jobs rounded to nearest hundred.
Thank you!
Myrna WhiteDirector, Office of Public Affairs
Department of Aviation