Table 4 Cumulative Economic Impact of FCHES Federal Funding, 2016–2020
Impact | Employment (Job-Years) | Personal Income | Output | State and Local Tax Revenue | Federal Tax Revenue |
|---|---|---|---|---|---|
Direct Effect | 93.43 | $4,781,991 | $11,017,376 | $184,395 | $1,019,039 |
Indirect Impacts | 39.16 | $1,700,495 | $4,659,028 | $194,354 | $371,057 |
Induced Impacts | 28.62 | $1,161,465 | $3,562,745 | $231,201 | $268,653 |
Total Impact | 161.21 | $7,643,951 | $19,239,150 | $609,950 | $1,658,749 |
Impact Multiplier | 1.73 | 1.60 | 1.75 | 3.31 | 1.63 |