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Charleston Metro Chamber of Commerce The Economic Impact of Charleston International Airport Aviation Complex November 2011 Center for Business Research.

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Presentation on theme: "Charleston Metro Chamber of Commerce The Economic Impact of Charleston International Airport Aviation Complex November 2011 Center for Business Research."— Presentation transcript:

1 Charleston Metro Chamber of Commerce The Economic Impact of Charleston International Airport Aviation Complex November 2011 Center for Business Research Charleston Metro Chamber of Commerce

2 Purpose of Study Estimate the economic impact of the Charleston International Airport Aviation Complex on the Charleston Region –Charleston County Aviation Authority (CCAA) and tenant firms at the Charleston International Airport terminal(s) –Joint Base Charleston (Air Force) –The adjacent Boeing South Carolina facilities

3 Charleston Metro Chamber of Commerce Charleston County Aviation Authority Airport Terminal & Tenants Impact TypeEmploymentTotal Impact Direct1,244$212,896,514 Indirect566$65,411,709 Induced625$69,588,084 Total2,435$347,896,307

4 Charleston Metro Chamber of Commerce Visitor Impact Impact TypeEmploymentTotal Impact Direct3,014$216,848,689 Indirect554$65,932,136 Induced722$80,242,369 Total4,290$363,023,194

5 Charleston Metro Chamber of Commerce Total Airport Impact Impact TypeEmploymentTotal Impact Direct4,258$429,745,203 Indirect1,120$131,343,846 Induced1,347$149,830,453 Total6,725$710,919,502

6 Charleston Metro Chamber of Commerce Capital Improvements Impact TypeEmploymentTotal Impact Direct 106$12,023,964 Indirect 34$4,270,626 Induced 48$5,181,306 Total Impact 188$21,475,896

7 Charleston Metro Chamber of Commerce Total Economic Impact Impact TypeEmploymentTotal Impact Airport and Tenants2,435$347,896,307 Visitor Impact4,290$363,023,194 Total Airport6,725$710,919,502 Joint Base Charleston (Air Force)10,724$1,415,212,268 Boeing17,004$4,631,197,936 Total Impact Airport Complex34,453$6,757,329,705

8 Charleston Metro Chamber of Commerce


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