Firefly Aerospace 2021

Highlights

~ $296 Million Annual Economic Impact

2,036 Total Jobs Supported

Estimated Economic Impact Analysis

from Annual Revenue

Annual Revenue: $128,300,000
Final Demand Output Multiplier: 2.3072
Economic Impact of Annual Revenue: $296,013,760
Direct Jobs: 500
Texas Annual Average Wage - Industry Specific: $90,000
Wages Paid to Direct Jobs: $45,000,000
Direct Effect Employment Multiplier: 4.071
Indirect Jobs Supported (Full-Time Equivalent): 1,536
Total Jobs Supported (Direct & Indirect): 2,036
Texas Annual Average Wage - All Industries: $50,490
Wages Paid to Indirect Jobs: $77,527,395
Total Wages Paid to Direct and Indirect Jobs: $122,527,395
Texas Average Sales Tax: 0.08
Indirect Sales Tax Generated from Spending: $9,802,192

Our Assumptions

We base this analysis summary off two key data points provided by ZoomInfo. Your estimated total annual revenue ($128,300,000) and the direct jobs (500) that are supported in the state of Texas. If these numbers are innacurate, contact us 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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Source: Austin American Statesman