2018-01-30 SM 9b Supp Airport Economic Impacts

Passenger Airlines and Services 6,700 $2,386.3 $399.4 $503.2 Airport Services and Vendors 7,500 $1,575.4 $412.5 $519.4 Ground Transportat ion* 600 $318.8 $25.2 $31.5 Contract Const. and Consult ing 2,000 $498.3 $124.1 $153.7 Air Cargo 2,300 $796.0 $148.6 $195.1 Visitor Impacts 68,200 $5,906.5 $1,878.0 $2,247.8 Total 87,300 $11,481.3 $2,987.8 $3,650.8 Source: Washington State Employment Security Department, 2017; Washington State Office of Financial Management, 2017; U.S. Bureau of Labor Statistics, 2017; Port of Seattle, 2017; Community Attributes Inc., 2017. *The ground transportation direct estimates only include the impact of car rental activities as estimated from the 2017 Car Rental Gross Sales data. The impact of other forms of ground transportation to and from the Airport such as cabs are captured as part of the Visitor Impacts. DIRECT IMPACTS OF SEA-TAC Economic Impacts of Sea-Tac International Airport, 2017 January 30, 2018 On-site Airport Activity Visitors Total Jobs 44,000 107,400 151,400 Total Compensation (mils 2017 $) $2,760.2 $4,339.3 $7,099.5 Business Revenue (mils 2017 $) $10,120.5 $12,357.5 $22,477.9 Source: Washington State Employment Security Department, 2017; Washington State Office of Financial Management, 2017; U.S. Bureau of Labor Statistics, 2017; Port of Seattle, 2017; Community Attributes Inc., 2017. • Sea-Tac International Airport’s on-site activities support an additional 1.3 jobs for every direct job. • Overall, the airport supports a total of 1.7 jobs per direct job throughout the Washington economy. • Every dollar of direct output of Sea-Tac’s onsite activities supports an additional $0.82 of output throughout Washington’s economy. • In total every dollar of output of…
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