The
economic impact of the Iowa Fair is measured across industry sales, job creation
and employment income. People who go to the fair contribute $439,362 in
industry sales in the local economy and create 7.7 full-time jobs with total
labor income of $135,773. This gives the Iowa Fair an industry sales
multiplier” of 1.25 ($439,362/$352,862), which suggest that for every dollar of
sales at the fair, and additional $0.25 of economic activity will be generated
in Iowa County. This will help out the economy because of the new jobs that
have been created and the money from industry sales.
No comments:
Post a Comment