Table 3 Summary of annual economic impacts, 2016–2020: Impact Multipliers
Impact Multipliers | Employment (Job-Years) | Personal Income | Output | State and Local Tax Revenue | Federal Tax Revenue |
|---|---|---|---|---|---|
2016 | 2.45 | 2.12 | 1.61 | 3.49 | 2.09 |
2017 | 1.66 | 1.65 | 1.72 | 3.32 | 1.68 |
2018 | 1.65 | 1.56 | 1.78 | 3.28 | 1.59 |
2019 | 1.67 | 1.51 | 1.81 | 3.26 | 1.54 |
2020 | 1.63 | 1.49 | 1.83 | 3.24 | 1.52 |