Local Economic Impact of Investment

Projected economic impact based on meeting per capita income goal:

Category – Estimated impact

Apparel and services – $77,920,441
Cash contributions – $74,849,459
Education/reading – $53,810,940
Entertainment – $114,772,226
Food/drink/tobacco – $316,402,825
Healthcare – $144,702,842
Housing – $758,899,258
Life insurance/pension – $246,274,429
Personal care – $26,676,292
Taxes/savings – $658,748,574
Transportation – $351,879,544
Miscellaneous – $38,914,385

TotalĀ $2,863,851,213

Source: Figures represent PG research estimates based on target increase of $1,240 in per capita personal income, assuming a population growth of 55,153 per Esri projection. Expenditure, tax, and savings figures were derived from percentage estimates provided by the U.S. Bureau of Labor Statistics Consumer Expenditure Survey (CE) 2010. All figures represent present dollar values.