C Foster Construction: Economic Impact Analysis Summary

Highlights

~ $10 Million Economic Impact from Annual Revenue

46 Total Jobs Supported from Annual Revenue

Estimated Economic Impact Analysis

from Annual Revenue

Annual Revenue: $5,599,449
Final Demand Output Multiplier: 1.8268
Economic Impact of Annual Revenue: $10,229,073
Direct Jobs: 23
Shelby County Annual Average Wage - Industry Specific: $63,948
Wages Paid to Direct Jobs: $1,470,804
Direct Effect Employment Multiplier: 1.9954
Indirect Jobs Supported (Full-Time Equivalent): 23
Total Jobs Supported (Direct & Indirect): 46
Shelby County Annual Average Wage - All Industries: $63,739
Wages Paid to Indirect Jobs: $1,459,253
Total Wages Paid to Direct and Indirect Jobs: $2,930,057
Shelby County Average Sales Tax: 0.0275
Indirect Sales Tax Generated from Spending: $80,577

Our Assumptions

We base this analysis summary off two key data points provided by direct sources and online reports. These important data points are Annual Revenue ($5,599,449) and the direct jobs (23) that are supported in Shelby County. Contact us if these numbers are incorrect and we can update your report.

Our Methodology

Younger has invested over 30 years in economic development research refining our economic impact analysis model. We utilize local BEA data and tax data to quantify precise region specific results. Read more about each calculation and terms used within this report.

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