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HomeMy WebLinkAbout108Michelle Farfan From: Sent: To: Cc: Subject: Attachments: David W. J oh nson < djoh nson @co jefferson.wa.us > Thursday, December L7, 2014 11:22 AM Jeff Chapman David W. Johnson Pleasant Harbor Economic Report Wright Johnson Report.pdf FYI per our conversation David Wayne Johnson - LEED AP - Neighborhood Development Associate Planner - Port Ludlow Lead Planner Department of Community Development Jefferson County 360.379.4465 Mission: To preserve and enhanbe the quality of lfe in Jffirson County by promoting a vibrant economy, sound communities and a healthy environment. ;! SlVe PAPER - Pleose do not print this e-moil unless obsolurely necessory All e-mail may be considered subjed to the Publb Records Act and as such may be disclosed to a third-prty rquestor. lefferon County Ospertment ol Communlty Oerlrelopmrenlry SEUAREffiT+S W t Brrttr Bu.tdhg surts Hrre. 1 LEEO AP itD <^1rn/.iii,ri ',.i,1 ,",1 )) WRIGHT JOHNSON \P.t[,(^''\1rl' \ :\'' iLl p rofess io na I auth ors a.nd ana lys ts ocT 15 2014 ,ir!ii.fi$l}t{ f il\\1t1\ 'lt'i) An Economic Analpis of Earnings Pursuant to Jeffenon CountyBoand of C-ounuy C-ommissioners' Condition 63 g for the Pleas ant [:Iarbor ]daster Planned Res ort (Iv[PR) By \Tright Johnson, LLC October2014 205 I7onh Avenue, Suite 201, Palm Beach, EL 33480 Telephone: (561) 282- 6099 E mail info@ wrightjohnsonllc.c om L. Introduction Wright Johnson, LLC, f V{},) has been retained to perform an economic assessrnent of earnings of the Pleasant Fhrbor }vlaster Plarured Reson (JvPR) emplopes in conformiry with the Jefferson Carrty Board of Counry Commissioners' condidon 639, which states: "The developer shall commission a snrdy of the number of jobs expeoed to be created as a direct or indirect resuh of the MPR that earn 80% or less of the Brinnon arca average median income (AM). The developer shall provide affordable housing (e.g., no more than 30o/o of household income) for the Brinnon MPR worken roughly proportional to the number of jobs created that eam 80o/o or less of the Brinnon area AJvII. The developer mly satisfy this condition *rough dedication of land, payment of in lieu fee, or orrsite housing development." To accomplish this, the analpis estimates the number of direct and indirect jobs associated wfuh fie proiect, as well as average wates associated with these jobs. The anal1ais utilizes the RIIiIS II model to estimate these jobs and wages as discussed below. 2. Methods & fusumptions The anallsis considers the impacts of the construction and operation of the MPRproject, which wil operate within the following industry clusten :t Residential Building C-onstuction - NAICS code 2361 This indrstrycomprises esablishrnents primarily responsible for the construction or remodeling and renovation of single-farnily and multifamily residential buildings. Included in this industry are residential housing general conuactors (Le., new construction, remodeling, or renovating existing residential structures), for-sde builden and remodelen of residential structures, residential project construction rumagement firms, and residential des ign-build firrns. Non-Residential Building Constuction - NAICS code 2362: This indrstry comprises establishments primarily rcsponsible for the construction (including new wor\ additions, alterations, maintenance, and reparn) of commercial and instinrtional buildings and related stnrctures, such as stadiums, grain elevators, and indoor swimming facilities. This indrstry inctudes establishmenu responsible for the on-site assembly of modular or prefabricated commercial and instinrtiond buildingp. Included in this industry are comrrercial and institutional building general contractorc, commercial and institutional building for-sale builders, commercial and institutionalbuilding design- build fims, and commercial and insticutional building project construction manageurent firms. Utility System C.onstrrrction - NAICS code 237t This industry comprises establishments primarily engaged in the constn ction of water and sewer lines, mains, pumping stations, treatrnent plana, and storage tant$. The workperformed mayinclude newwork, reconstruction, rehabilitation, and rcpairs. Specialry trade contractors are included in this $oup if they are engaged in activities primarily related to water, sewer line, and related structwes construction. All structues (including ' NAICS code definirions provided bythe U.S. Crnslx Bureau. Page ll building$ that are i"t grrl parts of water and sew€r net'u/orl$ (e.g., storage tanls, pumping stations, water treatruent plauts, and sewage treatment plants) art included in this ind*..y'. Food and Berrcrage Stores- NAICS code 445: Indrsuies in the Food and Beverage Stores subsector usually reail food and beverage merchandise fiom fixed point-of-sale locations. Establishrrrents in this subsector have special equipment (e.g., freezers, refriger,ated display cases, refrigeraton) for displaying food and beverage goods. They have staff trained in the processing of food products to $arantee the proper stonge and saniury conditions reguired by regulatory authority. Miscelleneous Store Rctailen - NAICS 453: Indutries in the Mscellaneous Store Retailers subsector retail merchandise from fixed point-of-sale locations (except new or used nptor vehicles and para; new fumiturc and home furnishings; new appliances and electronic products; new building matcrials and garden equipment and supplies; food and bever:rges; health and personal care goods; gasoline; new clot}ing and accessories; and new sporting goods, hobby goods, bools, and music). Establishrnents in this subsector include stores with r:nigue characteristics lila florists, tsed merchandise stores, and pet and pet supplystores as well as other store retailers. Amusemen! Cambling, and Recreation Industries - NAICS 713: Indrsuies in the Amuserneng Gambling, and Recrcation Indrstries subsector (1) operate facilities where patrcns can primarilyenBage in sports, recreation, amusement, or gambling activities and/or (2) provide other arnusement and recreation services, such as supplying and servicing arnusement devices in phces of br:siness operated by othen; operating sports rearns, clubs, or leagues engaged io pl"y.g ganrcs for recreational pulposes; and guiding tours without using transportation equipmenc Accommodation - NAICS code 721: Industries in the Accommodation subsector provide lodg*g or short-term accommo&tions for travelers, vacationers, and othen. There is a wide rurge of establishments in rhese indutries. Some provide lodgrng only; while others provide rcals, h.-dry services, and recreational facilfuies, as well as lodg"rg. Iodg-g establishrrrents are classified in this subsector even if the provision of complementaryservices generates more revenue. The q,pes of complementaryservices provided varyfrom establishrnentto establishment. Food Services and Dinking Places - NAICS 722: Industries in the Food Services and Drinking Places subsector prcpare rneals, snacls, and beverages to crrstomer orrder for immediate on-premises and off-premises consumption There is a vride range of establishments in these indrsuies. Some provide food and drink only; while othen provide various combinations of seating space, waiter/waitress services and incidenral arrrenities, such as limited entertaftlment. The industries in the subsector are grouped based on the tpe and level of services provided. Ttre indr:stry groups are qpecial food services, such as food service conu:rctors, caterers, and mobile food services; drinking places; and restaurants and ot}er eating places. Other Personal Senices - NAICS 8129: fhis industry group comprises establishrnena primarily engaged in prrcviding penonal services (except personal carc services, death care services, or dry" cleaning and laundry services). This includes Pet Gre (except Veterinary) Senrices, Photofinishing, Parking Lots and Garages, and All OtherPersonal Services, including \(edding Chapels. Personal C-are Servic€s - NAICS 812t This industry grcup comprises establishrrnts that provide appearmce care services to individr:al consurrcrs. These include Flair, Nai], and Skin Gre Services and Other Personal Care Services. Page l2 Lessors of Noruesidential Buildings (except Miniwarrhouses) - NAICS 53112: This industry comprises esablishments primarilyengaged in acung as lessors of buildings (except miniwarehoues and self-storage unia) that are not used as residences or dwellings. Included in t}ris industry arc: (t) owner-lessors of nonresidential buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (:) establishments providing full seruice office space, whether on a lease or service contract basis. 'V'ater, Sewage and Other Systems - NAICS 2213: Industries in this secor include \n/iater treatrnent plants, water collecq treaq and dispose supp$ s)6rcrns, sewer s)6terns, and/or sewage ffeaunent facfities that of waste. The proposed project will be constructed and operated in four distinct phases. A sumnury of the proposed project constnrction expenditure and operating employment data is summarized beloq by phase: Constnrction: Consrruction cost of the project is estimated at $201,413,493 (in 2014 dollars) over the four phases. This includes onlythe har'd construction costs and excludes marlating, engineering, legal, insurance, taxes, design and permining, sales ux, and contingencycosts (soft costs). Soft costs are shown in the below tables, but are not included in the total anrcunt shown for each phase- Maftia ElocklFueli LineVsanitary Updates ftgneerihg & Consultants* tr-egal, lndurance, Taxes* ,' 58E,536 ,3,660,480 1,335,737 1,181,649 5,lz,l7o Consulting Fees+ Fees and Petmitst SiteWork Excavation Constnrction 317,000 2tr7,000 940,000 135,100 32,184,810 4,350,000 650,000Contingency+ Page l3 of Estinrated Construction Costs Work & Infrastructure '" General and Administration* Contingency* ,,FeesdiidiFiif,uritst ,:,, l: :, , ",,, iL32$00l Amount *Not included in total As the crurent RINIS II rrnrhipliers are based on 2010 data, we mwt deflate the construction expenditures to 2010 dollars. Accorrding to the Tumer C.onstnrction Building C-ost Index, construction costs have been on an increase fiom 2010 through 2014. The cost index in 2010 was 799 vs. the 2nd iluart€r 2014 cost index of 896. Therefore, the construction costs for this prcject will need co be reduced to 2010 dollars. P tge l4 mQuartcr2Or.4 1st Quarbr 2014 4th Quarter 20fii 3rd Quarter 2o13 0.80 1-15 1-05 896 885 878 868 L.21 20ff} 20L2 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 864 830 8L2 799 832 908 854 793 7L7 455 621 619 613 4.1 7.7 2.1. l_6 4.0 8.4 6-3 10-6 9-5 5.4 0.3 l_o The Turnor tsuilding C,ost hdex is delermlned by the follqwing factors conridured on a nationrride basis: labor ratgt and pro{ructivity, mat€rial prlces and the competitiyo cond*tion +f the marL+tplace. Ttmor To conven this figurc to 2010 dollan we use the 2014 index of 896 and divide it bythe 2010 index of 799. Thisgivesrsafigure of 896/799:t.L2l. Toconvertthe$201,413,493costin2014dollan to 2010 dolla:s, the 2014 expenditure is divided by 1.L27, to yeld $129,608,684. Facility Operatioru: Per the Developer, the project will generate an estimated 225 dtrcctoperating jobs *rough variou operating components overthe four phases as summarized below. Page l5 Phase 2014 Dollars 2010 Dollars Phase 1 $ +s,860,349 $ 40,895557 Phase 2 33,259,910 29,659228 39,414234 35,747291Phase 3 Phase 4 82,879,000 73,906,608 Total $ 201A13,493 $ 179,608,684 721-Accorro-rodation Plersonal Services,Wedding Chapel Cogvention Ceuter 'CiftiSbOpl r.1, ;1,,: : ;1 i;::::'i,;',:',.i,1'Recr€atiio-n, t,,i,,,..,,,:,i "It should be noted drat Securiuy, Shunle, Facilities, and Offices positions are included in these operating components. Given these construction costs and operaong jobs, the RIVIS II model can be used to estimate direct and indirect consmrction and indireo employrnent associated with the projecl Page l6 of Estinratetl ,.i: 3. Findings Er C-alculations Shown in the chart below are the acnnl RIIIS II final demand and employment nnrltipliers for Jefferson Cor:nry, \7A These rnuhiplien arc used to estimate errylopcent associated with the project- Toal Mukiplien RIMS II Multiplies (2w2/20t0) forOutptrt Earnings, Emplolmcnt, and Value Added by Detailed Industry \trA Building Constnrction and C.onstnrc.don gf Iq$estruc.Bnr For the constnrction sector (NAICS code 230000) the final denund muhiplier is 9.7481, and the employment nultiplier is 15147. The final demand muldplier is rsed to determine the total number of jobs produced based on the e4penditures for corstruction of the proiect's buildings. This figue is $179.609 million (in 2010 dollan). Therefore there would be $179.609 tirrrs 9.7481,or l/50.825 jobs supported bythis project, including dircct and indirect jobs for all four phases. Tables 3'1 and 3-4 show the combined economic impaa of the project's building and infrxtructure construction expenditures, by phase, for the 20 major industrial classifications in the RIIUS II input/output model. Page l7 Final Dcmand DinctEffect Industry Ouput (dollan) Eamings (dollan) E mploynent fiobs) Value- addcd (dollen) Eamings (dollan) Employmcnt (iobs) \Water, Sewage, and Other Systems (221300)1.3818 0.3283 7.0101 0.8864 r.4796 1.6666 t.4324 0.4448 9.7487 0.757 1.3304 15147Corstnrction (23oooo) Retail Trade (4A0000)L34A+0.3986 13.9498 0.8737 1.26W r.2553 1.3823 1.1363Real Estate (53 looo)t.2lL5 0.183 t4.2139 0.9235 1.1400Amusement and Recrcation Iudustries (713800)1.3790 0.4170 25.6376 0.8563 1.2881 0.8141 1.5268 1.3275ltrorcls, Motels and Other Accommodations (72 1A00)1.3920 0.3159 13.4116 1.3993 0.4169 19.6494 0.7622 1.3t32 7.t907Food Services and Drinldnt Places (722000) 1.4149 o.4758 7.3369Penonal C:re Services (812lo0)13.5848 0.9095 1.2770 Ottrer Penonal Services (812e00)7.2447 0.1967 5.2349 0.7251 1.4955 1.7028 Multi rlier Emplolment 0.630 2.703 1.190 264.410 10,465 2.413 4t.873 2.650 1.881 2.257 9.864 6.535 0.045 3.963 2.478 t5.377 2.511 3.2M 13.328 7.721 3.149 OutpuUEmployee $ 149,351 164,W2 460,481 155,394 236,420 222,034 gg,g50 I 18,827 226,097 306,159 296,070 1s8J23 272,721 66p47 56,106 109,043 42,345 94,388 60,755 734,534 146,963 $ EarningdEmployee $ 32,468 34,796 92,474 51,953 44,549 64107 28,030 M,753 . 54,348 63300 ll,609 61952 9080e 25,800 I 8,1 52 45,745 14,658 26,786 19,331 39,195 7,792 45,630Total398.6s0 $ Table 3-f shows an estimated 398.650 ernplopes will be crcated byconstruction activities in Phase I of the proiefi. Output per new worker for the construction sector would be about $155,394, with average annual eamingp of abow $51953. For all new workers, the corresponding figures are $145,963 and $45,630. Page l8 Industry group Agriculture, forestry, fi shing Mining utilities Constntction Manufacturing Wholesale trade Retail trade Transportation and warehousing Inforrnation Finance and insurance Real estate and rental and leasing Professional, scie,ntific, senrices Management of companies Administrative and waste management Educational services Healtb care and social assistance Arts, entefiainrnent, and recreation Accommodation Food senrices and drinking places Other services Households Industry group Agriculture, forestry, fishing Mining Utilities Constnrction Manufacturing Wholesale trade Retail trade Transportation and warfrousing Inforuration Finance and insurance Real estate and rental and leasing Professional, scientific, seryices Management of courpanies Administrative and waste management Educational services Health care and social assistance Arts, entertaiment, and recreation Accommodation Food services and drinking places Other services Households Total OutpuU Employce $ 149,351 164,902 460,491 155,394 236,420 222,034 89,950 118,827 226,087 306,159 286,070 158,323 272,727 66,047 56,106 109,043 42,345 94,3gg 60,755 134,534 Earnings/Employee $ 32A68 34,796 82A74 51,953 44,549 64,407 28,030 4,753 54348 $AA6 11,609 61,952 90,909 25,800 18,152 45,745 14,659 26,786 19,331 39,195 7,792 Employment 0.457 1.960 0.863 191.762 7590 1.750 30.368 1.922 1.364 1.637 7.t54 4.740 0.033 2.874 1.797 1 1.152 1.821 2.325 9.666 5.600 2.284 289.118 $146,963 $45,(30 Table 3-2 shows an estinuted 289.118 employees will be creat€d byconstruction actffies in Phase 2 of the proiect. Output and eamings per emplope data for construction and total emplopes will be the same as in Phxe 1. I'age [9 Indu$ry group Agriculture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, senrices Managernent of companies Administrative and waste management Educational services Health care and social assistance Arts, entertahment, and recreation Accommodation Food services and drinking places Other services Households Total OutpuUEmployee $ 149,351 164,902 460,491 155,394 236,420 222,034 89,950 I lg,g27 226,097 306,159 296,070 158,323 272,727 66,M7 56,106 109,043 42,345 g4,3gg 60,755 134,534 f,lynings/Employee $ 32,468 34,796 92,474 51,953 44,549 64,407 29,030 M,753 54,348 63,446 11,609 61,952 90,909 25,900 19,152 45,745 14,659 26,796 lg,33l 39,195 7,792 Emplopment 0.541 2323 1.023 227.245 8.994 2.074 35.987 2.278 1.617 1.940 8.478 5.6t7 0.039 3.406 2.r30 13.275 2.158 2.756 1 L455 6.636 2.706 342.616 $146,963 $45,630 Table 3-3 shows an estimated 342.616 employees will be created byconstruction activities in Phase 3 of the project. Page ll0 Industry group Agricultr're, forestry, fi shing Mining Utilities Constnrction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and irsurance Real estate and rental and leasing Professional, scientific, senrices Managernent o f cornpanies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households OutpuU Employee $ 149,351, 164,902 460,481 155,394 236,420 222,034 898s0 I lg,g27 226,087 306,159 286,070 158,323 272J27 66947 56,106 109,043 42,345 94,388 60,755 L34,534 146,963 $ EerningVEmployee $ 32,468 34,796 82,4',14 51,953 44,549 64,407 28,030 44,753 54,348 63,406 11,609 61,952 90,909 25,800 I 8,1 52 45,745 14,658 26,'186 19331 39, I 95 7,'.192 Employment 1.138 4.885 2.tst 477.843 18.913 4.360 75.673 4.789 3.400 4.080 17.826 11.810 0.081 7.162 4.479 27.789 4.538 s.794 24.086 13.954 5.691 Total 720.U2 $45,630 Table 3-4 shows an estimated 720.442 emplopes will be created byconstnrction activities in Phase 4 of the project. Page 111 li' Opentioru-Phase 1 Phase 1 of project operations includes Food Services, ]vlarina and Fun Gnter (Amusement/Recreation), Flotel Suites, and Retail employees. Tables 3.5 though 3-8 show the economic impact of emplopes of prcjea's Phase I for the 20 r;rurjor industrial classifications in the RIIvB tr input/output model. Industry group Agriculture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Inforrnation Finance and insurance Real estate and rental and leasing Professional, scientific, services Managernent of courpanies Adrninistrative and waste rnanagement Educational services Heallh care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households OutpuUEmployee $ 154,519 157,895 4U,630 155,925 224,935 223,009 90,065 102,130 186,U2 3 I 1,159 172,1?5 I 19,149 217 39t 71,620 55,062 109,112 37,578 94,142 60,597 I44,E23 Earnings/Employee s 32,070 52,632 83,601 51,915 37922 63,717 28,047 54,615 48,684 6/.378 10,895 49,645 86,957 25,962 17,,162 45,701 13,570 27,197 19,24t 40,694 8,310 2t)22 Employment 0.027 0.001 0.049 0.038 0.152 0.045 0.424 0.144 0.060 0.037 0.398 0.056 0.004 0,088 0,044 0.276 0.075 0.075 13.298 0.t32 0.057 Total 15.479 $71,20E $ Pagc 112 Table 3-5 shows that thert will be a total of 15.479 new jobs creat€d from the operation of the food and beverage ponion of the project. Outptrt per new worlser for the Food Serrrices and Ddnking Places sector would be about $60,597, with average annr:al earnings of about $19241. For all new worlren, the corresponding figures are $71108 and$21/22. Table 3-6 shows that there will be a total of 47.880 new jobs created from the operation of the marina and fun center portion of the project. Grtprt per new worker for the Arts, Entenainment, Page 113 Industry group Agricultrue, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Adrninistrative and waste management Educational seryices Health care and social assistance Arts, entertainrnent, and recreation Accommodation Food services and drinking places Other services Households EamingilEmployee $ 33,654 55,556 E43ss 52,632 39,5M 63,014 28,083 47,273 47493 64,815 17,029 51I35 96,774 26,048 18,141 45,675 14,3gl 26,667 19,251 41,047 E,310 Emplo5ment 0.039 0.003 0.122 0.092 4.241 0.068 0.951 0.154 0.142 0.101 1.084 0.156 0.006 0.330 0.165 0.654 42.272 0.154 0-698 0.314 0.135 Total 47.880 $53,7E8 $16,273 OutpuUEmployee $ 173,A77 t66,667 463,902 155,870 l7g,l56 221,918 89,945 l07,g7g 186,016 3lI,lll 160,434 t24,402 225,806 67,384 57,E23 l0g,04g 44,407 94,545 60,695 152,290 a:rd Recreation sector would be about $44301, with avenage annual eamings of about $14J81. For all newworken, the corresponding figures are $53,788 and$76,273. Table 3-7 shows that there will be a total of 0.611 new jobs created from the operation of the hotel suites ponion of the project. Ourput per new worker for the Accomrnodation sector would be aborn $98,941, with average annual eamingp of about $20,547. For all new workers, the corresponding figurEs are $103 777 and $23,577 . Industry group Agriculture, forestry, fishing Mining Utilities Construction Manufactr:ring Wholesale trade Retail trade Transportation and warehousing Inforrnation Finance and insurance Real estate and rental and leasing Professional, scientific, senrices ffi an a gement of companies Administrative and waste managernsnt Educational services Health care and social assistance Arts, eirtertainment, and recreation Accommodation Food services and drir*ing places Other services Households Total OutpuU Employee $ 143,939 166,667 463,964 154,867 193,34 220,930 89,863 99,738 2M,678 313,063 172,737 t22A7s 236,U2 71,928 55,172 tw,275 42,882 98,941 60,5E5 157,509 Eamings/Employee $ 30,303 55,556 94,459 51,991 41,24 65,891 27,914 57J43 51,170 65,315 10,926 50,505 ros263 2s475 lsJel 45,913 tsA37 20,547 19,174 43,346 7,313 231577 Emplolment 0.007 0.001 0.044 0.045 0.062 0.0r3 0.202 0.170 0.034 0.022 0.190 0.039 0.002 0.099 0.022 0.132 0.029 5.046 0.312 0.081 0.027 6.637 $to3J77 $ Page l14 Industry group Agriculture, forestry, fi shing Mining Utilities Constnrction Manufacturing Wholesale tradE Retail trade Transportation and warehousing Information Finance and i:rsurance Real estate and rental aod leasing Professional, scientific, services Managernent of companies Administrative and waste management Educational services Health care and social assistance Arts, enlertainmant, and recreation Accornmodation Food services and drinking places Other se,r:riices Households OutpuU Employee $ 136,5E5 166,667 4u,602 155,953 171,888 223,4U 89991 104,781 182,123 311,448 166,704 I13,699 222,222 63,895 56,426 109, I 18 42,799 94,637 60,502 142,290 EarningVEmployee $ 34,146 Employment 0.009 0.001 0.020 0.020 0.053 0.017 5.2t9 0.069 0.040 4.027 a.Bl 0.033 0.001 0.058 0.029 0. l5l 0,028 0.029 0.t4 0.068 0.03I 84,071 52,752 38,950 63,830 28,000 48,461 48,045 63,973 10,910 47945 lll,lll 25304 18,809 45,740 t4263 26,814 19,122 39,',109 7,246 Total 6.276 $96,51E $28,560 Table 3-8 shows ttnt there will be a total of 6.276 new jobs crearcd from the operation of the food and beverage store portion of the prqea. Output per new worker for the Retail uade sector would be about $89891, with average annual earnings of about $28,000. For all nevr workers, the corresponding figures arc $96,518 and $28,560. Page 115 Industry group Agricultwe, forestry, fi shing Mining Utilities Constnrction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scie,ntific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainnent, and recreation Accomrrrodation Food services and drinking places Other services Households OutpuUEmployee $ 143,939 t66,667 463,9U 154,967 193,34 220,930 89,863 99,739 20/.,678 313,063 172,737 122,475 236,E42 71,928 55,172 109,275 42,992 98,941 60,586 157,509 Earnhgi/Employee $ 30,303 55,556 u,459 51,991 41,2M 65,891 2',1,914 57,743 51,170 65,315 10,926 50,505 105,253 25,475 18,39t 45,813 15,437 20,547 19,174 43,346 7,313 Employment 0.057 0.008 0.387 0.394 0.550 0.112 1.779 1.493 0.298 0.193 1.674 0.345 0.017 0.E72 0.189 1.160 0.254 44.405 3.271 0.713 0.238 Total 58.410 $103,777 $23577 Ooerations-Phase 2 Phase 2 of project operations includes Ftrotel Suites, Food Services,'Wedding Chapel Convention Crnter, Spa, Gift Shop,'Waste Water lvlanagement, and Recreation emplopes. Tables 3-9 through 3-16 show the economic impact of employees of projeat Phase 2 for the 20 irr:njor indr:strial classifications in the RIN$ II input/output model Page 116 Table l-9 shows that there will be a total of 58.410 new jobs created from the operation of the hotel suites ponion of the project. Ortput per new worker for the Accommodation sector would be about $98,941, with average annual eamings of about $20547. For all new workers, the corre qponding figures are $1A3,77 7 and $23,577 . Table l-10 shows that there vrill be a toul of 25.005 new jobs created from the operation of the food services portion of the project. Output per new sorker for the Food Services and Ddnliing Page l17 Industry gfoup Agriculture, forestry, fishing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Trarsportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, serices Management of companies Administrative and waste managernent Educational senrices Health care and social assistance Arts, e,ntertainment, and recreation Accommodation Food services and drinking placrs Other services Households OutpuflEmployee $ 154,519 I 57,895 464,630 155,925 224,935 223,0W 90,065 102,130 186,942 3l 1,159 172,t75 I 19,149 2t7391 71,620 55,062 l0g,l 12 37,578 94,142 @,sg't L44.,823 EanringslEmployee $ 32,070 52,632 83,601 5I,975 37,922 63,'.?17 28,041 54,615 48,684 &,378 10,885 49,645 86,957 25,962 17,762 45,701 13,570 27,197 19,241 40,694 8,310 Employment 0,0u 0.002 0.079 0.05r 0,245 0,072 0.685 0.233 0.097 0.059 0.43 0.090 0.006 o.142 0.072 0.446 0.122 0.122 27.481 0.213 0,092 Total 25.005 $71,208 $21222 Places sector would be about $60,597, with average annual eamings of about $I9,24L. For all new worlrers, the corresponding figures arc $71)08 and$Zt2ZZ. Table 3-11 shows that there will be a total of 1.703 new jobs created from the operation of the wedding chapel portion of the projea. Output per new worlrer for the Other Services seoor would be about $319,509, whh average annual eamings of about $42,733. For all new worlsers, the corresponding figtres xe $237 774 and $37,518. Pagc 118 Industry group A griculflue, forestry, frshing Mining Utilities Construction Manufacturing Wholesale trade Raail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Frofessional, scientifi c, services Managemsnt of compani s5 Administrative and waste rnaoagement Educational services Healft care and social assistance Arts, entertainment, and recreation Acconrrrodation Food services and drinking places Other services Households OutpuUEmployee $ t57,895 142,857 46I,187 t55,7g',t l5l,E6g 223,684 89,8EE 102,977 209,743 325,688 130,415 ll9,24l 272,727 53,270 56,180 l0g,g27 49,528 93,809 60,458 319,5@ Earnings/Employee $ 35,088 Employment 0.002 0.000 0.007 0.009 0.042 0.007 0.084 0.040 0.030 0.014 0.142 0.024 0.000 0.096 0.009 0.054 0.014 0.017 0.067 1.033 0.01I 82,192 50,?25 39,720 65,789 27,E96 47,466 49,180 66,514 10,772 50,136 90,909 24,949 18,727 45,345 16,509 26,266 19,015 42,733 8,824 Total 1.703 $237fl4 $37518 Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale nade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scie,ntific, services Ma.a gement of companies Adrninistrative and waste managernent Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other seruices Households Total Employment 0,003 0.001 0.022 0,044 0.01I 0.005 0.106 0.012 0.010 0.023 6.2t7 0.021 0.000 0.087 0.0r2 0.w4 0.013 0.023 0.084 0.034 0.015 OutpuU Employee $ 158,730 1g7,500 466,951 155,531 206,140 2222n 89,923 107,570 226,60t 326,964 gI,54g 136,465 142,957 87,459 56,452 109,304 43,3?l 95,339 60,571 154,M2 Earnings/Employee $ 31,746 62,500 g5,2gg 51,4?9 39,474 64,915 28,016 43,E25 54,187 67,941 10J93 5E,166 142,851 28,603 20,161 45,543 t4440 27,542 t9129 42,417 6,309 6.818 $85,248 $12,8t9 Table 3-12 shows that there will be a rctal of 6.818 new jobs crrated from the operation of the convention centcr potion of the projecr Output per new worker for the Real Estate and Rental sector would be about $81,548, with average annual eamings of about $10593. For all new workers, the corresponding figures are $85248 and $12,889. Page 119 Industry group Agriculture, forestry, fishing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, e,ntertainment, and recreation Accommodation Food services and drinking places Other services Households Employment 0.026 0.003 0.1 12 0.094 0.208 0.070 1.343 O.I E4 0.182 0.l lE 1.315 0.141 0.005 0.281 0.134 0.820 0.141 0.181 0.836 2t.7tt 0.t69 OutpuU Employee $ 147287 142,957 459,854 t5sJ02 lgg,030 222,874 89,951 106,027 186,937 . 312,500 . 163,077 I 19,186 250,000 73,615 55300 t09p27 42,157 94,104 60,599 98,577 Earnings/Employee $ 31,008 71,429 83,942 52,632 40,394 u,576 27,94? 47,991 49,423 9,236 10,924 47,965 83,333 27,697 19,433 45,761 14,535 27 2t1 19,136 36,456 '7282 Total 2E.075 $r03J84 $34,768 Table 3-13 shows tlut there will be a total of 28.075 new jobs created from the operation of the qpa ponion of the prcjecl Output per new worlar for the Other Services sector would be about $98,577, with average annual eamings of about $36,456. For all new worlcrs, the corresponding figurcs arre $101,384 and $3a"768 Page 120 Industry group Agriculture, forestry, fishing Mining Utilities Constnrction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insruance ReaI estate and rental and leasing Professional, scieirtific, services Management of companies Administrative and waste rnanagernent Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households OuOut/Employee s 136,585 166,667 464,602 155,963 l7l,888 223,404 89,991 I04,781 182,123 311,448 166,79 113,699 222,222 63,995 56,426 109,1 l8 42,799 94,637 60,502 142,290 Earnings/Employee $ 34,146 84,071 52,752 389s0 63,830 28,000 49,461 48,045 63,9',13 10,910 47,945 lll,11l 25,4M 18,809 45,'140 14,263 26,8t4 19,122 39,709 7,246 28560 Employment 0.006 0.000 0.012 0.012 0.032 0.010 3.t32 0.041 0,024 0.016 0.139 0.020 0.000 0.035 0.017 0.090 0.017 0.017 0.0E6 0.041 0.019 Total 3.766 $96,51E $ Table 3-14 shows that there will be a mtal of 3J66 new jobs crearcd from the operation of the gilt shop portion of the prcjecl Ourput per new worlcr for the Retail trade sector would be about $89,991, with average annual eamings of about $28,000. For all new workers, the corresponding figues are $96,518 and $28J60 Page 121 Industry group Agriculture, forestry, fi shing Mining Utilities Constnrction Manufacturing Whole.sale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and Ieasing Professional, scientific, services Managernent of conrpanies Administrative and waste manageln€nt Educational services Health care and social assistance Arts, errtertainrnent, and recreation Accornmodation Food services and drinking places Other services Households OutpuUEmployee $ 173,077 166,667 463,902 155,870 178,156 22l,9lg 89,945 707,979 186,016 3ll,lll 160,434 124,4U 225,806 67,3U 57,823 109,049 44,401 94,545 60,695 152,290 Errnln$/Employee $ 33,654 55,556 84,485 52,632 39,504 63,014 29,093 47,273 47,493 64,815 I1,029 51,435 96J74 26,048 lE,l4l 45,675 14,381 26,667 t9asr 41,047 9,310 Employment 0.010 0.001 0.032 0.024 0.063 0.018 0.249 0.040 0.037 0.026 0.284 O.otl 0.002 0.086 0.M3 0.171 I1.071 0.040 0.183 .0.082 0.035 TotaI 12.540 $53,7tt $16273 Table 3-15 shows that there will be a toul o{ 12.540 new jobs created from the operatbn of the recreation portion of the project. Output per new worker for the Arts, Entertainmeng and Recreation sector would be about $44,401, with average annual eamings of about $14,381. For all new workers, the corresponding figures are $53,788 and $15,273. l'age 122 Industry gtroup Agriculture, forestry, fishing Mining Utililies Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Inforrration Finance and insurance Real estate and rental and leasing Professional, scicntifi c, services Management of companies Administrative and waste management Educational senrices Health care and social assistance Arts, entertainrre,nt, and recreation Accommodation Food senrices and drinking places Other services Households Total Output/Employee s 1u,44 t73469 238,gil 155,347 216,514 222,222 gg,gg6 107,200 240,8y 107,255 252,166 139,423 200,000 7l,g0g 56,433 l0g,lg3 43,103 95,156 60,730 140,514 Earnings/Employee s 33,333 35,774 52,914 5 r,991 42202 65,134 27,966 51,200 57,927 64,011 11,265 53,28s Employment 0.004 0.009 2.01I 0.30s 0.026 0.012 0.211 0.030 0.016 0.033 0.1 l0 0.119 0.000 0.036 0.021 0.132 o.o22 0.027 0.1l6 0.067 0.027 3.333 $t97,tt6 $ 26,596 l g,05g 45,553 15,086 27,682 19,286 39,230 7,O42 46,E32 Table 3- 16 shows that there will be a total of 3.333 new jobs creat€d from the operation of the waste water portion of the proiect. fttp.r per new worlcr for the IJtilities secor would be abotrt $238,964, wfuh average arulral eamingp of abotrt $52,914. For all new workers, dre corresponding figtrres arc$197,116 and W6,812. Page 123 Industry group Agriculhre, forestry, fishing Mining Utitities Constnrction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste managemEnt Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Employment 0.034 0.003 0.107 0.081 0.212 0.060 0.838 0.136 0.125 0.089 0.955 0.138 0.005 0.291 0.145 0.516 37.239 0.136 0.615 0.277 0.1l9 OutpuU Employee $ 173,W7 166,667 463902 155,870 178,156 22t,9lg 89,945 107,879 186,016 3ll,1ll l@,434 r24A02 225,906 67,394 57,823 109,049 44,401 94,545 60,695 152,290 EarningslEmployee $ 33,654 55,556 84,485 52,632 39,504 63,014 29,093 47 273 47,493 64,815 I1,029 s1335 96,774 26,048 l8,l4l 45,675 14,381 26,667 19,251 41,04'7 8,310 Total 42.180 $53,78E $16,273 Openations-Phase 3 Phase 3 of project operations includes Golf (Amusements/Recreation), Food Services, and'Wasrc 'Water emplopes. Tables 3-12 thrcugh 3-19 show the economic impact of emplopes of prciect's Phase 3 for the 20 najor industrial classifications in the RII\,{S II input/output model. Page 124 Table 3-17 shows that there will be a total of 42.180 new jobs crcat€d from the operation of the golf portion of the project. Outpu per nev/ worlrer for the Arts, Entertainment, and Recreation sector would be about $44,401, wit} average annul earnings of about $14J81. For all new worlcrs, the corresponding figrrres are $5 3,78 8 and $16,27 3. Table 3- 18 shows that there will be a total of 5.954 new jobs created from the operation of the food services portion of the pro)ect. Output per new worker for the Food Services and Drinking Places Industry group Agricultrue, forcstry, fishing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Blucational seryices Health care and social assistance Arts, entertainrnent, and recreation Accommodation Food services and drinking places Other services Households Total OutpuUEmployee $ 154,519 l57,gg5 4&,630 155,925 224,935 223,009 90,065 102,130 186,842 31 1,159 772,175 I 19,149 217,391 71,620 55,062 109,1 12 37,578 94,142 60,597 144,923 Earnings/Employee $ 32,070 52,632 93,601 51,975 37,922 63,717 28,041 54,615 48,684 &4,37E l0,gg5 49,645 86,957 25,962 17,762 45,701 13,570 27,197 19,241 40,694 8,310 Employment 0.010 0.001 0.019 0.015 0.05E 0.017 0.163 0.055 0.023 0.014 0.153 0.021 0.001 0.034 0.017 0.106 0.029 0.029 5.1l5 0.051 0.022 5.954 $7t?08 $ Page 125 21,222 Industry group Agricultue, forestry, fishing Mining Utilities Consbuction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rcntal and leasing hofessional, scicntifi c, services Management of companies Administrative and waste management Educational senrices Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households OutpuUEmployee $ t 44,q44 r7tA6e 238,9U tss347 216,514 222222 gg,gg6 la7,2oo 240,954 307,255 252,166 t39423 200,000 71,909 56,433 109,183 43,103 95,156 60,730 140,514 Earningc/Employec $ 33333 35,774 s2914 slB9l n2a2 65,134 n,966 51,2W 57,927 64,011 n265 53,285 26,596 18,059 45,553 15,086 27,682 t9,286 39,230 7,042 46,832 Employment 0.009 0.019 4.022 0.609 0.052 0.025 0.422 0.059 0.031 0.067 0.2t9 0.237 0.000 0.072 0.042 0263 0.044 0^055 0.232 0.133 0.054 Total 6.666 S 197,116 $ sector would be about $60,5?7,wfuh average armual earnings of about $1924t. For all new worke$, , tlre corresponding figures are $71208 and$21222. Table 3-19 shows *rat there will be a total of 6.666 new jobs created from the operation of the waste water portion of the project. Output per new worker for the (ftilities sector would be about $238964, with aver:age annual earnings of about $52,914. For all new wor*ers, the corn:sponding figures are $197,116 and $46,832. Page 126 Operatiors-Phase 4 Phase 4 of project operations includes 'Waste \?'ater emplopes. Table 3-20 shows the economic impact of emplopes of project's Phase 4 for the 20 major indtrstrial classifications in the RIIIS II input/outpw model 'Iable 3-20 shows that there will be a total of 8.333 new jobs created from the operation of the waste water ponion of the proiect. Output per new worker for t}e Utilities sector would be about $238,964, with average annuel eamings of about $529L4. For all new worlrers, the corresponding figures are $197,116 and $46,832- P age 127 Industry Etroup Agriculture, forestry, fishing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Inforrution Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, e,ntertainment, and recreation Accommodation Food services and drinking places Other services Households Total OutpuUBmployee $ 1UA44 L73,469 238,964 155,347 216,514 222,222 g9,gg6 107,200 240,954 307,255 252,166 139,423 200,000 71,809 56,413 109,183 43,103 95,156 60,730 140,514 Earnings/Employee $ 33,333 35,774 52,974 51,991 42,202 65,|y 27,966 s1300 57,927 64,01I 11,265 53,285 Employment 0.011 0.023 5.02E 0.761 0.065 0.031 0.527 0.074 0.039 0.084 0.274 0.29't 0.001 0.089 0.053 0329 0.055 0.069 0.29A 0.t6'7 0.06E E333 $t97,tt6 $ 26,596 18,059 45,553 15,086 27,692 19,286 39,23O 7,042 46,832 4. C-onchxion The purpose of the analpis is to estimate the number of direct and indirect jobs CIsociated wfuh the MPR projea and determine average wages corresponding to these |obs. Given these estimates, as sumrrnrized above, the anabryis can deterrnine the number of jobs associated with the project thu will eam an average wage of 80o/o or less of the Brinnon arca average median incorrr (A}a!. The Brinnon area median income is estimated *$42,6792 and 80o/o of this AlvI[ amount is estimated at $34,143. Construction An estimated 342 constnrction-rclated jobs will have average earnings of 80o/o or less of the Brinnon area AJvII. This includes direct and indirea jobs associated wit}r the MPR project construction and is summarized below, byphase, with average vxaBes for each industrygroup. Constuction: Total Direct and Indirect obs at or Below the Brinnon Area AIvII An estirnated 223 opemtions-rclated jobs will have average earningp of 80o/o or less of the Brinnon area AMI. This includes direct and indirect jobs associated with the MPR project operation and is summarized below, byphase, with average wages for each industrygroup. 5{ rpbov*- 8 a2> 2 U.S. Gnsts Bureau, 2@8-2012 American Commtrniry S*rey'. "Selected Economic Characterisrics." Data for Briruron" Washington Retail ta& : $ 32,468. 43322, 1?;404J:406 1:162 a'EPi ;:::i 4,,!.7,9 28,030 Page 128 35.987 2,478"r a:1,,:' I Total Direct and Indirect obs at or Below the Brinnon Area AIVII Retail trade Real estate aqd rentalaid leasiog , Admi nistrative and waste ma[agement Educational services Arts, enteilainment, and rocreation .'6,797 1.903 0.575 0.259 42.404 s.304 14.512 $fishing Accornmodation Food ?i,@ t8;17i, 14JS0 20,853 Real estate and nental.and Ieasing :. Administrative and wasE managem€xrt Educatioaral services futs, ente,rtaitrE€ot, aad recreatiou Aocommodation 0.1s2 : :i:::i r7:589 I0.523. l;636 0.497 11.6s4 44.833 26.t24 l4;401 Food services and drinking places Agriculture, Retail fade Administratiw and waste rnaragement Educational services Arts, entertain nent, and resreatiom Accommodation 28,444 11,051 , 26,139: 1g,092: 14,38-1 2,6,991 19244 $ aud dri:oki-ng Retail trade Agriculture, Agriculture, forestry, frshing Re.tail trade Real estate and rental and leasing edministrative and waste managempnt Educational services Arts, atertainrnen! and recreation Accommodation Food serr.ices and drirrkitg places 0.01I 0,527 0.274 0.089 0.053 0.055 0.069 0.?,90 33,333 17,965 11,265 26,596 18,059 15,086 21,6E2 19,286 $ Pagc 129 ' lg,22g 5. About RI\[S II Fina] Demand Methodology The following rnaterial has been condensed from fib RIIvIs II User l{andbook Introduction and C'eneral Comments Effegtive planning for pullig ald private-r.:to.r projects_a1d programs at the Sate and local levels reqrires a sptematic analpis of the economic impacts of these projects and programs on affeaed regions. In tum, systematic anabtis of economic impacts must account for the inter-industry relationships within regions becaue these relationships lrrg.ly detemrine how regional economies are lilrelyto respond to project and program changes. Thus, regional input-ourput (I-O) nnrltiplien, which account for inter-ind*try relatiorships within regions, are useful tools for conducting regional economic impact analpis. In the 1970s, the Bureau of Economic Analysis (BEA) developed a nathod for estirrating regronal I-O multipliers known as R[}rtE (Regional Indtsrial ]fuhiplier System), which was based on the wor{< of Garnick and Drake. In the 1980s, BEA completed an enhancenrent of N}v6, known as RII\6 II (Regional Inpw-Outpw Nlodeling Sptern), and published a handbook for RII\4S II users. ln L992, BEA published a second edfuion of the handbook in which the muhipliers qzere based on more rrcent &ta and improved methodology. ln lgg7, BEApublished a thirrd edition of the handbook tlut provides more detail on the use of the muhiplien and the &ta sources and methods for estimating thenr. RIMS II is based on an accounting framework called an I-O table. For each industry, an I-O table shows the industrial distribution of inputs purchased and outputs sold. A q,pical I-O table in RIIIS II is derived mainly from two data sources: BEA's national I-O table, which shows t}re input and oulput structurc of nearly 500 U.S. industries, and BEA's regronat economic accounts, which are rsed to adjwr the oationd I-O table to show a region's indutrial strucrue and trading patterns. Using RIIVIS II for impact analpis has several advanages. RII/$ II rrnrltiplien can be estimated for any region composed of one or more counties and for any indtutry, or grcup of industries, in the national I-O table. The accessibfity of the main &ta sources for RIIvIS II keeps the cost of estimating regional -9:p{:t_ry1"t*-.b l9w. Empirigal..tesp show that estimates based on relatively expensive surve)t and RIIvIS Il-bxed estimatrs are similar in magnitude. BEAs RINXS rrnrhiplien can be a cost-effective wayfor analysts to estinrate the economic impacts of changes in a regional ecoromy. However, it is important to keep in mind tlraq like all economic impact models, RII/6 provides approximate orrder-of-magnitude estimates of impacts. RIIIS multiplien are best suited for estirmting the impacts of small changes on a regional economy. For some applications, users may want, to supplerrrent RIIvXS estimates wfuh inforrrntion they gafrer from the reglon rmdergoing the potential change. To use the muhipliers for impact analpis effecdvely, users must provide geographically and indrstrially detailed information on the initial changes in outpuq eamings, or employmeff that are associated with the project or prcgram under sudy. The multipliers can then be used to estimate the total impact of the project or program on regional oulput, eamings, and employment. I'age 130 RINIS II is widely used in both the public and private sector. In the public sector, for example, tle Department of Defense uses RIlvS II to estimate the regional impacts of miliary base closings. State transponadon deparunents use NlvIS II to estimate the regional rmpacts of airpon construction and exparsion. In the private-sector, analpts and consultants use RIIvS II to estimate the regiond impacts of a variety of projeca, such as the development of shopprng rnalls and sports stadiums. RIMS II Methodology RIN6 II uses BEA's benchrmrk and annual I-O tables for the nation. Since a particular region rmy not contain all the industries found at the national level, some direct input requircments cannot be supplied by that region's industries. Input reguiremenm that are not produced in a snrdy re gion are identified using BEA's regional economic accounts. The NlvlS II method for estimating regiond I-O multipliers can be viewed as a three-srcp prccess. In the first step, the producer ponion of the national I-O table is made region-specific byusing six- digit NAICS location quotients EA).The LQs estimate the extent to which input requirenrents are supplied by firms wfuhin the region. RII/$ II uses LQs bxed on two types of data: BEA's penonal income d"t (by place of resi&nce) are used to calculate LQ i" the service indusuies; and BEA's wage-and-salarydata (byplace of worl$ are used to calculate LQs in the non-service indusuies. In the second step, t}e household row and the household colurnn from the national I-O table are rnade region-specific. The household row coefficients, which are derived from the valueadded row of the national I-O table, are adjusted to refleo regional earnings lealoges resulting from individuals working in the region but residing outside the region, The household colurnn coefficients, wtrich are based on the personal consumption expenditurc colurnn of the national I-O table, are adjusted to account for regional consumption lealsages stemming from penonal ta:<es and savingp. In the last srcp, the l,eontief inversion approach is ued rc estirnate muldplien. This inversion approach produces output, eamings, and employrrrent muhipliers, which can be used to trace the impacts of changes in final demand on and indirealyaffecrcd industries. Accuzcy of RIMS II Empirical evidence suggests that RIIvS II commonly yields multiplien that are not substantially different in magnitude from those generated by regional I-O modeli based on relatively expensive surve)6. For example, a comparis on of. 224 industry specific muhiplien from surveybased ubles for Colorado, \U?'xhington, and West Virginia indicates that the RIh/IS II avemte mukipliers overestimate the average muhipliers from the surveybased ables by approximately 5 percent. For the rnjorrty of individual industry-specific multipliers within these states, the difference beween RMS II and surveybased muhipliers is less fian 10 percent. In addition, RIIV[S II and suney muhiplien show statistically similar distributions of affected industries. Adrantages of RIMS II There are nurrerous a&antages to using RIivIS II. Fint, the accessibiliry of the main data sources males it possible to estfunate rcgional nruldpliers without conducting relatively oipensive surve)c. Second, the level of indusuial detail used in RINE II helps avoid aggregadon errors, which often occur when indr:srries arc combined. Third, RII/6 II rnul-dpliers can be compared across areas becaue they are based on a consistent set of estimating procedures nationwide. Fourth, RIlitS II Pagc l3l muhipliers are updated to rcflect t}e most recent local-area wage-and-salary and personal incorne data Orrcrview of Dffercnt Multiplien RIMS II provides rsers with five qpes of muhiplien: final dernand muhiplien for output, for eamings, and for employrrrnt; and direct-effect muldplien for earningp and for employrnent. These muldplien masure the economic impact of a change in final demand, in eamings, or in employment on a region's economy. The final demand multiplien for orrprn are the basic multipliers from which all other RIII6 II multiplien are derived. In this able, each column entqy indicates the change in outpm in each row indusuythat rcsults from a $1 change in final demand in the column industry. The impact on each row industry is calculated by muhiplying the final dernand change in the column industry by th. muhiplier for each row. The total irnpact on regional output is cdculated by muhiplying the final demand change in the column industry by the sum of all the multiplien for each row except the household row. RII/6 II provides two types of multipliers for estimating the impacts of changes on eamings: final demand muhiplien and di€ct effect nnrhiplien. These muhipliers are derived from tfu table of final demand output rrnrltiplien. The final demand multipliers for eamings can be ued if data on final denrand changes are available. In the final dernand earnings multiplier able, each column entry indicates the change in eamings in each row industrythat results from a $1 change in final demand in the column indrstry. The impaa on each row industry is calculated bymuhiplying the final demand change in the column industryby the rrnrltiplien for each row. The total impact on regional eamings is calculated by muldplying the final denund change in the column industry by the sum of the multipliers for each row. E mploymert Multiplie rs RIA S II provides two t)?es of muhipliers for estirmting the impacts of changes on employment: final demand muhiplien and direct effect rnultipliers. These muhipliers are derived from tlre able of find demand output muhipliers. The final dernand multiplien for employment can be trsed if the data on final derrnnd changes are available. In the find demand employment multiplier table, each column entry indicates the change in employnrent in each row industry that results fiom a $1 million change in final denrand in the column indrstry. The impact on each row industry is calculated by nnrltiplying the final demand change in the column indrstry by the muldplier for each row. The total impact on regional employnrcnt is calculated byoorluplyr"g the final demand change in the column indwtrybythe sum of the muhiplien for each row. The direa effect muhipliers for employment can be used if the data on the initial changes in emplop'rent by indrstry are available. In the direct effect employnrnr muhiplier table, each entry indicates the total.change in employment in the region that resuls from a change of one job in the row industry, The total impact on regional employrrrent is calculated by multiplying the initial change in employment in the row industry byth. multiplier for the row. Page 132 Choosing a Multiplier The choice of multiplier for estimating the impact of a project on output, earnings, and employment depends on the availabiliry of estimates of the initial changes in find demand, earnings, 4nd employment. If the estimates of the infuial changes in all three measures are available, the RIIvIS II user can select any of the RIIvIS II multiplien. In theory all the impact estirnates should be consistent. If the available estimates arc limited to initial changes in final demand, the user can select a final demand multiplier for impact estirnation. If the available estirmtes are limircd to initid changes in eamings or employment, the rser can select a direct effect multiplier. The EF5 regulations provide that "jobs created indirectly'' by a regional center- affiliated business rnay be credited to foreign investors who made a qualifying investment in the business. To show this job creation, "reasonable" methodologies may be rsed. 8 Cmg04.6(-)(7). The RIL4S II input/output model has been recognized by the USCIS as an acceptable methodology for showing job creation resulting fiom a rcgionalcenter- affiliated investrrrent project. 1'age 133