23.11.2014 Views

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

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

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Additional Spending. An additional category is added here to incorporate spending that could occur during the<br />

events related to the <strong>America's</strong> <strong>Cup</strong> but are distinct from the other categories listed above. <strong>The</strong> only expenditure<br />

category here regards the spending <strong>of</strong> the owners <strong>of</strong> vessels actively participating in the spectator fleet. This includes<br />

local privately owned sail and power boats as well as Hornblower and other ferry type vessels that will<br />

be plying the waters carrying passengers as they watch the matches. It is estimated that over the course <strong>of</strong> the<br />

events, during the 3 months <strong>of</strong> sailing, some $5 million in spending in the marine services sector might accrue.<br />

Table 26: Detailed <strong>Impacts</strong> by Additional Spending<br />

Output Employment Labor Income<br />

Direct Effects: Expenditure Categories<br />

Marine Sector 5, 000, 000 15.7 1, 629, 049<br />

Total 5, 000, 000 15.7 1, 629, 049<br />

Total Effects: Top 10 Industries<br />

Marine Sector 5, 000, 062 15.7 1, 629, 070<br />

Wholesale Trade Businesses 251, 378 1.0 97, 142<br />

Imputed Rental Activity For Owner-Occupied Dwellings 193, 229 0.0 0<br />

Retail Trade 188, 982 1.7 80, 602<br />

Real Estate Establishments 163, 244 0.5 25, 558<br />

Management Of Companies And Enterprises 146, 403 0.5 78, 442<br />

Securities, Commodity Contracts, Investments, And Related 142, 853 0.4 86, 651<br />

Telecommunications 121, 557 0.2 22, 650<br />

Monetary Authorities And Depository Credit Intermediation 105, 586 0.2 29, 267<br />

All Other Miscellaneous Pr<strong>of</strong>essional, Scientific, And Technical Svcs. 104, 000 0.2 10, 808<br />

Total 8, 047, 684 30.4 2, 792, 006<br />

52

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!