Orange County NC Website
. . <br /> , .. -• <br /> ''' . — .- , • . ,___. . <br /> . . <br /> - . . <br /> Table 6* T-.....T° .6.LIERIEPELITYILIERTIBIEL - <br /> . TRANSIENEL,.....DILA-1 . <br /> .... <br /> 1/E EUEL . <br /> NEEE - E -LP71, - <br /> . . Number !mend.5. -- .- <br /> • Total TranSient . <br /> . 4184mosailigates.r.... <br /> Business Visitors 35,700 <br /> .----------------- <br /> 11isit2Zs- 27,200 . <br /> Meals and Purchases $ 952,000 <br /> . Ground Transportation 816 000 <br /> --",- <br /> • Total . $1,768,000 <br /> DvernittLfieILLIEL 8,500 . <br /> . Meals and Purchases $ 446,300 <br /> Ground Transportation 382,500 <br /> Hotel/Motel 637 I SOO <br /> ----- - <br /> Total $1,466,300 <br /> . Total Indirect Impact $3,234,300 <br /> a - <br /> . -..,\ Source: Hammer, Siler, George Associates. <br /> . . <br /> , • . <br /> 8 errota1lacrent <br /> As discussed previously, the total economic impact of the DeKalb- <br /> , <br /> Peachtree Airport reflects the sum of two elements -- primary and induced <br /> .act. Primary impact is the initial, or first round of expenditures <br /> • associated with facilities at POK. Induced impact is the second and sub <br /> , sequent rounds of spending as the initial expenditures "ripple.through <br /> the economy. To measure the induced impact, multipliers are used which <br /> indicate the number of times a single expenditure is respent in the <br /> economy. Also, the induced impact includes employment and the increase in <br /> jobs as a result of these expenditures. <br /> . . <br /> Multipliers vary and are not the same for all industries or metropolitan <br /> areas. The determination of an absolutely accurate multiplier for a <br /> . • <br /> -18- <br /> 4.4,e0414.011.114,SEOSSE ASSOCIATES <br />