Thursday, May 16, 2013

Employment Income


The “Iowa Fair Expenses Employment Multiplier” is 1.23 (2.7/2.2), which means that for every job created by the expenses of the Iowa County Fair, 0.23 jobs will be created within the Iowa County economy. The income from these jobs gives the “Iowa County Fair Expense Employment Income Multiplier” a value of 1.63 (47,659/29,178). This means that for every dollar spent on employment income, and additional $0.63 will be spent throughout the economy on employment income. The economy is impacted by the employment income as it is increased due to the fair. If this number increases it would help generate more money in the community and impact the economy as a whole.




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