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Ohio Airports Economic Impact Study

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Ohio Airports Economic Impact Study Technical Report 2014 OHIO AIRPORTS ECONOMIC IMPACT STUDY October 2014 Prepared for: Prepared by: OHIO DEPT. OF TRANSPORTATION CDM SMITH OFFICE OF AVIATION 8805 Governor’s Hill Drive, Suite 305 2829 West Dublin-Granville Road Cincinnati, OH 45249 Columbus, OH 43235 513-583-9800 614-793-5040 With: RS&H Engage Public Affairs CAD Concepts, Inc. Table of Contents Chapter 1: Executive Summary Introduction ............................................................................................................................................................... 1-1 Study Background ................................................................................................................................................... 1-2 Study Findings .......................................................................................................................................................... 1-6 Summary .................................................................................................................................................................. 1-10 Chapter 2: Socioeconomic Overview of Ohio Introduction ............................................................................................................................................................... 2-1 Population .................................................................................................................................................................. 2-1 Employment .............................................................................................................................................................. 2-5 Per Capita Personal Income ................................................................................................................................ 2-6 Summary ..................................................................................................................................................................... 2-6 Chapter 3: Study Approach Introduction ............................................................................................................................................................... 3-1 The Economic Modeling Process....................................................................................................................... 3-1 Data Requirements for the Economic Modeling Process ........................................................................ 3-3 Surveys, Data Collection Methods, and Model Assumptions ................................................................. 3-4 On-Airport Activity ............................................................................................................................................. 3-4 Construction Impacts ......................................................................................................................................... 3-5 Commercial Service Visitors ........................................................................................................................... 3-6 General Aviation Visitors .................................................................................................................................. 3-8 Multiplier Impacts ................................................................................................................................................... 3-9 Total Impacts .......................................................................................................................................................... 3-10 Summary .................................................................................................................................................................. 3-11 Chapter 4: Employment, Payroll, and Output Impacts for Study Airports Introduction ............................................................................................................................................................... 4-1 Employment Impacts ............................................................................................................................................. 4-2 Employment from On-Airport Activity ....................................................................................................... 4-2 Employment from Capital Improvement Project (CIP) Expenditures .......................................... 4-2 Employment from Commercial Service Visitor Spending .................................................................. 4-3 Employment from General Aviation Visitor Spending ......................................................................... 4-3 Total Employment ............................................................................................................................................... 4-4 Payroll Impacts ......................................................................................................................................................... 4-4 Payroll from On-Airport Activity .................................................................................................................. 4-4 Payroll from CIP Expenditures ...................................................................................................................... 4-5 Payroll from Commercial Service Visitor Spending .............................................................................. 4-5 i Payroll from General Aviation Visitor Spending..................................................................................... 4-5 Total Annual Payroll ........................................................................................................................................... 4-6 Output Impacts ......................................................................................................................................................... 4-6 Output from On-Airport Activity ................................................................................................................... 4-7 Output from CIP Expenditures ....................................................................................................................... 4-7 Output from Commercial Service Visitor Spending .............................................................................. 4-7 Output from General Aviation Visitor Spending ..................................................................................... 4-8 Total Annual Output ........................................................................................................................................... 4-8 Employment, Payroll, and Output Impacts Summary .............................................................................. 4-8 Aviation Maintenance ............................................................................................................................................ 4-9 Location and Type of Maintenance Activity ............................................................................................. 4-9 Economic Impact of Aviation Maintenance Activity .......................................................................... 4-12 Summary .................................................................................................................................................................. 4-12 Chapter 5: Additional Benefits Introduction ............................................................................................................................................................... 5-1 Qualitative Airport Benefits ................................................................................................................................ 5-1 Ability to Support a Variety of Aviation Activities ................................................................................. 5-1 Community Relationships and Outreach ................................................................................................... 5-8 Value to Airport Users ....................................................................................................................................... 5-8 Value Added Benefits from Aviation Dependent Businesses ............................................................. 5-10 Dependence on Commercial Service Aviation ...................................................................................... 5-11 Dependence on General Aviation ............................................................................................................... 5-11 Dependence on Air Cargo .............................................................................................................................. 5-11 Overall Dependence on Airports ................................................................................................................ 5-11 Business Location ............................................................................................................................................. 5-11 Summary .................................................................................................................................................................. 5-12 Chapter 6: Unique Aspects of Aviation in Ohio / Four Case Studies Introduction ............................................................................................................................................................... 6-1 Shale Oil & Gas Industry ......................................................................................................................................
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