The America's Cup: Economic Impacts of a Match - Bay Area Council

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Table 22a: Summary of Occupational Impacts by Media Average Annual Top 10 Occupations Employment Wages ($) Food Preparation and Serving-Related 73 28, 363 Sales and Related 38 49, 348 Office and Administrative Support 38 41, 470 Management 18 124, 121 Business and Financial Operations 16 84, 463 Building and Grounds Cleaning and Maintenance 13 28, 842 Computer and Mathematical 10 88, 108 Transportation and Material Moving 9 35, 710 Arts, Design, Entertainment, Sports, and Media 9 58, 689 Personal Care and Service 8 31, 398 All Occupations 266 51, 547 47
Super Yachts. It has been estimated that spending by the owners of Super Yachts during the Valencia ACM were on the order of $22 million, making them the seventh largest contributor to economic benefits. These expenditures were highly concentrated in the local marine sector, but also included a significant component of retail spending. Because the San Francisco Bay is generally a less accessible location for owners of Super Yachts, we have assumed that their presence would be lower than at Valencia, by 50%. Expenditures would be similarly lower, but would nonetheless raise output in San Francsico by $18.6 million, resulting in the creation of 100 jobs. Table 23: Detailed Impacts by Super Yachts Output Employment Labor Income Direct Effects: Expenditure Categories Marine Sector 5, 589, 388 16.5 1, 834, 801 Retail Trade 3, 650, 859 32.1 1, 557, 109 Accommodations 856, 165 5.3 304, 798 Leisure 658, 240 7.3 267, 850 Other Personal Svcs. 424, 124 1.9 84, 066 Transit And Ground Passenger Transportation 65, 598 1.5 28, 613 Transport By Air 36, 192 0.1 10, 763 Total 11, 280, 566 64.8 4, 088, 000 Total Effects: Top 10 Industries Marine Sector 5, 589, 460 16.5 1, 834, 825 Retail Trade 4, 030, 484 35.5 1, 719, 021 Accommodations 865, 054 5.4 307, 962 Leisure 784, 532 8.7 319, 241 Real Estate Establishments 622, 217 2.0 97, 414 Imputed Rental Activity For Owner-Occupied Dwellings 474, 320 0.0 0 Other Personal Svcs. 447, 080 2.0 88, 616 Wholesale Trade Businesses 432, 190 1.7 167, 014 Telecommunications 305, 349 0.4 56, 897 Securities, Commodity Contracts, Investments, And Related 265, 842 0.8 161, 253 Total 18, 549, 197 100.3 6, 785, 573 48
Page 1 and 2: THE AMERICA’S CUP: Economic Impac
Page 3 and 4: Contents Executive Summary 1 Introd
Page 5 and 6: which would be unique to the venue
Page 7 and 8: What is the America's Cup? The Amer
Page 9 and 10: Height of the mast: 35 meters Weigh
Page 11 and 12: It seems likely that if chosen as t
Page 13 and 14: San Francisco The benefits to San F
Page 15 and 16: Harbor Cruises. Spectators will boo
Page 17 and 18: most, a number of locations around
Page 19 and 20: Proximity to major West Coast citie
Page 21 and 22: This analysis assumes that three ad
Page 23 and 24: For San Francisco, this analysis as
Page 25 and 26: Although the discounting is taken f
Page 27 and 28: Table 6: Summary of Impacts by Indu
Page 29 and 30: In its 2008-09 budget, the city of
Page 31 and 32: In order to better account for this
Page 33 and 34: Table 12: California Summary of Imp
Page 35 and 36: When these adjustments are made, th
Page 37 and 38: The possibility of and size of a de
Page 39: Summary This report has shown that
Page 42 and 43: Table 16a: Summary of Occupational
Page 46 and 47: Spectators: Spectators collectively
Page 54 and 55: Table 25: Detailed Impacts by Exten
Page 56 and 57: Appendix B: IMPLAN Input-Output Met
Page 58 and 59: Appendix C: Acknowledgements The Ba
Page 60 and 61: About BACEI and Beacon Economics Ab

The America's Cup: Economic Impacts of a Match - Bay Area Council

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