Illinois’ Abraham Lincoln Capital Airport accounts for $563.6 million in overall total impact, according to a new study released by the state’s DOT.
The total economic impact is a combination of direct economics from on-airport business revenues, payrolls, capital expenditures, and off-airport visitor spending at locations such as hotels, tourist attractions and restaurants combined with an economic multiplier, or the re-sending of those monies into the state economy, according to the airport.
The study, which reviewed airport operations in 2010, found that the airport’s total economic impact also included 4,797 jobs and $212.5 million in total payroll.
The complete study details, including the executive summary, technical report and rankings, can be found at http://illinoisairportsmeanbusiness.com.
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