8. Greater Providence Young Men’s Christian Association, “The New Providence YMCA, the Village <strong>of</strong> Promise on Mashapaug Pond,” 2003 CEDS Submission. The figure is for “year 1” and is based on a YMCA Operations Team analysis dated March 2003. 9. David Maher and Michael DeLuca, personal communication. 10. L<strong>in</strong>da Soderberg, personal communication. 11. Roberta Bell Hourigan, personal communication. 12. Alan Goodw<strong>in</strong>, personal communication. 13. For the sake <strong>of</strong> comparison, <strong>in</strong> the period June 18-24, 2004, the <strong>EDA</strong> announced $3,660,671 <strong>in</strong> construction grants that were expected to result <strong>in</strong> 591 new jobs, a cost <strong>of</strong> $6,194 per job. These are anticipated jobs, <strong>of</strong> course, and actual job generation once the projects are completed may be lower as we found <strong>in</strong> our research. 14. Stephen Grady, personal communication. 15. R.I. Department <strong>of</strong> Labor and Tra<strong>in</strong><strong>in</strong>g, A Decade <strong>of</strong> Change <strong>in</strong> <strong>Rhode</strong> <strong>Island</strong>: An Analysis <strong>of</strong> Private Sector Employment <strong>in</strong> the Ocean <strong>State</strong>, 1992-2002 (available on-l<strong>in</strong>e). 16. U.S. Department <strong>of</strong> Commerce, Economics and Statistics Adm<strong>in</strong>istration, Bureau <strong>of</strong> Economic Analysis, Regional Multipliers: A User Handbook for the Regional Input-Output Model<strong>in</strong>g System (<strong>RI</strong>MS II) (Wash<strong>in</strong>gton, DC: U.S. Government Pr<strong>in</strong>t<strong>in</strong>g Office, 1992). See Appendix B for a sample calculation <strong>of</strong> multiplier effects. 17. Burchell, Robert W., Naveed A. Shad, and William R. Dolph<strong>in</strong>, <strong>Public</strong> <strong>Works</strong> Program Multipliers and Employment-Generat<strong>in</strong>g Effects, <strong>EDA</strong> Project No. 99-06-07415 (Wash<strong>in</strong>gton, DC: Economic Development Adm<strong>in</strong>istration, U.S. Department <strong>of</strong> Commerce, 1998). 18. Cim<strong>in</strong>aro, Gary L., Fleet F<strong>in</strong>ancial Group, PPAC Economic Impact Analysis Estimate (Providence, <strong>RI</strong>: Fleet F<strong>in</strong>ancial Group Corporate Economics Department, 1992). 19. In the case <strong>of</strong> the Providence Perform<strong>in</strong>g Arts Center, direct jobs would take <strong>in</strong> employment at the theater and <strong>in</strong> the performance company; <strong>in</strong>direct jobs would <strong>in</strong>clude employment connected with lodg<strong>in</strong>g and meals for the performers, suppliers <strong>of</strong> lumber and other materials for the sets, and pr<strong>in</strong>ters <strong>of</strong> tickets, programs, and advertis<strong>in</strong>g; and <strong>in</strong>duced jobs would <strong>in</strong>clude wait staff at restaurants cater<strong>in</strong>g to theater patrons, park<strong>in</strong>g lot
attendants, convenience store employees, etc. These are all <strong>in</strong>cluded <strong>in</strong> the 312 jobs calculated us<strong>in</strong>g the <strong>RI</strong>MS multipliers for the <strong>in</strong>dustry group that <strong>in</strong>cludes theaters and live performances – “hotels and lodg<strong>in</strong>g places and amusements.” 20. Cim<strong>in</strong>aro, Gary L., <strong>in</strong>dependent economic advisory, May 4, <strong>1996</strong>.