The Economic Benefits of the Activity Associated with ... Economic Benefits of the Activity...

The Economic Benefits of the Activity Associated with Contracts and Expenditures Arising from

Business Diversity Programs at Dallas/Fort Worth International Airport

THE PERRYMAN GROUP

510 N. Valley Mills Dr., Suite 300

Waco, TX 76710

ph. 254.751.9595, fax 254.751.7855

[email protected]

www.perrymangroup.com

April 2016

mailto:[email protected]

The Economic Benefits of the Activity Associated with Contracts and Expenditures Arising

from Business Diversity Programs at Dallas/Fort Worth International Airport

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Contents Introduction .................................................................................................................................... 1

Business Diversity Programs at DFW Airport .................................................................. 2

Business Diversity Program Overview ................................................................................................ 2

Direct Program Effects .......................................................................................................................... 3

Total Economic Benefits of Business Diversity at DFW Airport ............................... 7

2015 Results for Key Measures of Business Activity ....................................................................... 8

2013-2015 Results for Total Expenditures and Employment .......................................................... 9

Conclusion ..................................................................................................................................... 13

APPENDICES ............................................................................................................................... 14

Appendix A: About The Perryman Group .................................................................. 15

Appendix B: Methods Used ................................................................................................ 16

Appendix C: Detailed Sectoral Results ........................................................................ 20

Impact of Construction Expenditures Awarded to Firms Qualifying for the DFW Airport Minority Business Enterprise (MBE)

Program ..................................................................................................................................................................................... 21

The Impact of Construction Expenditures Awarded to Firms Qualifying for the DFW Airport Small Business Enterprise (SBE)

Program ..................................................................................................................................................................................... 25

The Impact of Construction Expenditures Awarded to Firms Qualifying for the Federal Disadvantaged Business Enterprise

(DBE) Program ........................................................................................................................................................................... 29

The Impact of Architectural and Engineering Services Expenditures Awarded to Firms Qualifying for the DFW Airport Minority

and Women Business Enterprise (M/WBE) Program ................................................................................................................ 33

The Impact of Professional and Non-Professional Goods and Services Expenditures Awarded to Firms Qualifying for the DFW

Airport Small Business Enterprise (SBE) Program .................................................................................................................... 37

The Impact of Purchase Order Expenditures Awarded to Firms Qualifying for the DFW Airport Small Business Enterprise

(SBE) and Minority and Women Business Enterprise (M/WBE) Programs ............................................................................... 41

The Impact of Concessions Revenues to Firms Qualifying for the Federal Airport Concessions Disadvantaged Business

Enterprise (ACDBE) Program at DFW Airport ........................................................................................................................... 45

The Impact of Concessions Revenues to Firms Qualifying for the Minority Business Enterprise (MBE) Program at DFW Airport

................................................................................................................................................................................................... 49

The Impact if All Expenditures to Firms Qualifying for the Various Diversity Initiatives (Excluding the Terminal Renewal and

Improvement Program (TRIP)) at DFW Airport .......................................................................................................................... 53

The Impact if Expenditures within the Terminal Renewal and Improvement Program (TRIP) to Firms Qualifying for the Small

Business Enterprise (SBE) and Minority and Women Business Enterprise (M/WBE) Programs at DFW Airport ...................... 57

The Impact of All Expenditures/Revenues to Firms Qualifying for Various Diversity Initiatives (Including the Terminal Renewal

and Improvement Program (TRIP)) at DFW Airport ................................................................................................................... 61

http://www.perrymangroup.com/



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Firms of all types benefit from the

opportunities offered by DFW

Airport operations.

Introduction

Dallas/Fort Worth International Airport (DFW Airport) is a major driver of business

activity throughout the surrounding area. In a recent study, The Perryman Group (TPG)

estimated that current DFW Airport operations

and related activities generate 228,000 jobs and

$37.0 billion in annual total expenditures in the

North Central Texas Region when multiplier

effects are considered, with construction projects

leading to billions of dollars in additional gains.

Firms of all types benefit from the opportunities offered by DFW Airport operations. In

addition, the Airport actively engages in a variety of efforts to enhance business

diversity, further enhancing the potential benefits for historically underutilized

businesses, such as those that are small or are owned by minorities or women.

The Perryman Group was recently asked to examine the portion of overall economic

activity linked to DFW Airport operations associated with firms participating in the

Airport’s business diversity programs. This report presents the results of TPG’s analysis.





DFW Airport is strongly committed

to business diversity and

development.

Business Diversity Programs at DFW Airport

As noted, DFW Airport is strongly committed to business diversity and development. Its

statement on diversity says DFW Airport “will create and sustain a business

environment that enables disadvantaged, small, minority and women-owned business

enterprises (D/S/M/WBEs) to compete equitably for business opportunities and achieve

economic success, contributing to DFW’s overall mission of expanding economic

benefits.”1

Business Diversity Program Overview

DFW Airport has a number of programs in place to help meet these goals. Federal

programs include the Disadvantaged Business Enterprise (DBE) Program and Airport

Concessions Disadvantaged Business Enterprise (ACDBE)

Program. The DBE program criteria include 51% owned

and controlled by one or more socially and economically

disadvantaged individuals, business size based on Small

Business Administration (SBA) size standards,

economically disadvantaged status, and a personal net

worth threshold. The business areas are construction services and construction-related

professional services. The criteria for the ACDBE program are the same as the DBE

program, but its business focus is on airport concessions.2

Local programs include the Minority Business Enterprise (MBE) Program,

Minority/Women Business Enterprise (M/WBE) Program, and Small Business Enterprise

(SBE) Program.

The criteria for the MBE program include 51% owned and controlled by

one or more minority individuals or by one or more female individuals

and socially disadvantaged. The business focus is construction services

over $1 million. 1 DFW Airport website. https://www.dfwairport.com/bdd/.

2 DFW International Airport FY2015 Diversity & Inclusion Annual Report.





Total revenue to firms

participating in DFW Airport

business diversity initiatives

increased from approximately

$349.2 million in 2013 to $383.8

million in 2015.

The M/WBE program has the same criteria as the MBE program, but with

a business focus on architectural and engineering services.

The SBE program criteria are business size (based on SBA size standards)

and economically disadvantaged. The business focus is construction

services (under $1 million), professional services, and non-professional

services.3

Direct Program Effects

Programs are divided into several categories with specific participation goals which DFW

has consistently met or exceeded. The Perryman Group examined information related

to the Construction MBE, Construction SBE, Construction DBE, Architectural &

Engineering M/WBE, Goods and Services SBE, Purchase Orders, Concessions ACDBE, and

Concessions MBE programs, as well as awards

associated with the Terminal Renewal and

Improvement Program (TRIP).

As an initial phase of this analysis, the underlying data

was compiled into estimates of the overall revenue

flowing to historically underutilized businesses,

whether from DFW Airport (for construction and

related projects) or from customers (such as with concessions businesses).

Total revenue to firms participating in DFW Airport business diversity initiatives

increased from approximately $349.2 million in 2013 to $383.8 million in 2015 (see

graph and table below). For concessions categories, revenues stem from expenditures

by customers making purchases. For construction and goods and services categories,

revenues stem from expenditures by DFW Airport.

3 DFW International Airport FY2015 Diversity & Inclusion Annual Report.





$170.706 $162.506$142.381

$178.456$214.954 $241.441

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

2013 2014 2015

Millio

ns o

f D

ollars

Direct Revenue to Firms Participating in DFW Airport Business Diversity Programs

Total Non-TRIP

TRIP

Note: Includes Construction MBE, Construction SBE, Construction DBE, Architectural/Engineering Services M/WBE, Goods and Services SBE, Purchase Orders, Concessions ACDBE, Concessions MBE, and spending through the TRIP. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority or Women Business Enterprise, ACDBE is Airport Concessions Disadvantaged Business Enterprise, TRIP is the Terminal Renewal and Improvement Program currently ongoing at DFW Airport.

Source: DFW Airport and The Perryman Group

$349.162

$377.460$383.822





Direct Revenues to Firms Participating in

DFW Airport Business Diversity Programs*

(Dollar amounts in Millions)

2013 2014 2015

Construction MBE $1.644 $22.256 $19.426

Construction SBE $0.378 $0.252 $0.814

Construction DBE $9.852 $9.327 $5.027

Architectural/Engineering Services M/WBE $2.203 $5.240 $5.994

Goods and Services MBE $1.277 $8.813 $21.546

Purchase Orders $4.753 $1.060 $2.232

Concessions ACDBE $129.401 $138.824 $152.496

Concessions MBE $28.948 $29.181 $33.906

TOTAL (excluding TRIP) $178.456 $214.954 $241.441

TRIP $170.706 $162.506 $142.381

OVERALL TOTAL $349.162 $377.460 $383.822 *The Perryman Group compiled data provided by DFW Airport for revenues to firms (whether from DFW Airport directly through contracts or from customers) for 2013-2015. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority- or Woman Business Enterprise, ACDBE is Airport Concessions Disadvantaged Business Enterprise, TRIP is the Terminal Renewal and Improvement Program currently ongoing at DFW Airport.

Source: DFW Airport and The Perryman Group

Once these direct effects were identified, the associated total economic benefits were

quantified, as described in the following section.





Measuring Economic Impacts

Any economic stimulus, whether positive or negative, generates multiplier effects throughout the economy. In this

instance, the operations of firms participating in DFW Airport business diversity programs generate economic

activity across a spectrum of industries. These effects ripple through the economy, leading to additional gains.

DFW Airport provided information regarding spending by the Airport through business diversity programs and

revenues to concessionaires participating in business diversity programs.

The associated multiplier effects were measured using The Perryman Group’s input-output assessment model (the

US Multi-Regional Impact Assessment System), which is described in further detail in the Appendices to this report.

The system has been consistently maintained and updated since it was developed by the firm some 30 years ago,

and has been used in hundreds of analyses for clients ranging from major corporations to government agencies. It

uses a variety of data (from surveys, industry information, and other sources) to describe the various goods and

services (known as resources or inputs) required to produce another good/service. This process allows for

estimation of the total economic impact (including multiplier effects) of DFW Airport associated facilities. The

models used in the current analysis reflect the specific industrial composition and characteristics of the North

Central Texas Region. The model is also linked to a system for quantifying the tax effects associated with the gains

in business activity such as increases in retail sales taxes and property taxes.

These total economic effects are quantified for key measures of business activity:

Total expenditures (or total spending) measure the dollars changing hands as a result of the economic

stimulus.

Gross product (or output) is production of goods and services that will come about in each area as a result of

the activity. This measure is parallel to the gross domestic product numbers commonly reported by various

media outlets and is a subset of total expenditures.

Personal income is dollars that end up in the hands of people in the area; the vast majority of this aggregate

derives from the earnings of employees, but payments such as interest and rents are also included.

Job gains are expressed as person-years of employment for transitory construction effects and permanent

jobs for ongoing operational effects. Note that person-years are spread over the construction period and may

reflect varying numbers of workers actually on site. For instance, 3,000 person-years could be 1,000 people

working for three years or 6,000 different people working for a half year each.

Results for total expenditures and jobs are reported in the body of this report, with other measures and industry-

level detail in the Appendices. Monetary values were quantified on a constant (2015) dollar basis. See the

Appendices to this report for additional information regarding the methods and assumptions used in this analysis.





The Perryman Group estimates

that when multiplier effects are

considered, the total economic

benefits of expenditures to firms

qualifying for business diversity

programs at DFW Airport

operations totaled $1.150 billion

in total expenditures and

$562.178 million in gross product

per year; about 7,528 jobs.

Total Economic Benefits of Business Diversity

at DFW Airport

The direct expenditures to firms participating in DFW Airport diversity programs

generate multiplier effects through the economy, with gains in business activity across a

spectrum of industries. The Perryman Group measured

these total economic benefits utilizing the firm’s US

Multi-Regional Impact Assessment System (described

elsewhere in this report and in the Appendices).

In addition, The Perryman Group examined the fiscal

benefits to the State of Texas as well as local taxing

entities within the Region. Business operations generate

taxes for local governmental entities including cities,

counties, schools, and special districts in multiple ways.

First, firms pay taxes directly. Second, taxes are

generated through the economic activity associated

with business operations. In addition, the spending of

payroll funds by consumers provides revenues to various governmental entities.





2015 Results for Key Measures of Business Activity

The Perryman Group estimates that as of 2015, the total economic effect of contracts

and expenditures arising from business diversity programs totaled $1.150 billion in total

expenditures and $562.178 million in gross product per year; about 7,528 jobs (with

multiplier effects) are also generated. The fiscal benefits of this economic activity

include an estimated $41.592 million to the State and $18.976 million to local taxing

entities within the North Central Texas Region each year.

The following table and Appendices to this report include additional details.

The Impact of All 2015 Expenditures/Revenues to Firms Qualifying for Various Diversity Initiatives (Including TRIP) at DFW Airport on

Business Activity in the North Central Texas Region*

ECONOMIC BENEFITS (Monetary Values in Millions of Constant 2015 Dollars)

Total Expenditures $1,150.359

Gross Product $562.178

Personal Income $365.750

Retail Sales $251.063

Employment (Permanent Jobs)

7,528

FISCAL BENEFITS (In Millions of constant 2015 Dollars)

State $41.592

Local $18.976

*Columns may not sum to total due to rounding. Includes MBE Construction, SBE Construction, DBE Construction, Architectural/Engineering Services M/WBE, Goods and Services SBE, Purchase Orders, Concessions ACDBE, Concessions MBE, and spending through the TRIP. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority- or Woman Business Enterprise, ACDBE is Airport Concessions Disadvantaged Business Enterprise, TRIP is the Terminal Renewal and Improvement Program currently ongoing at DFW Airport. Source: The Perryman Group





2013-2015 Results for Total Expenditures and Employment

The Perryman Group quantified the overall economic effects by program for 2013

through 2015. Overall benefits of expenditures to firms qualifying for DFW Aiport

business diversity programs have grown significantly over the past several years.

Total expenditures in the North Central Texas Region (including multiplier effects)

associated with firms participating in DFW Airport business diversity programs have

risen from $1.059 billion in 2013 to $1.150 billion in 2015, with the non-TRIP portion of

the effects rising from $493.074 million to $678.692 million over the period.

Overall Economic Benefits of Expenditures to Firms Qualifying for

DFW Airport Business Diversity Programs*:

Measured in Terms of Total Expenditures in the North Central Texas Region

(Dollar amounts in Millions of 2015 Dollars) 2013 2014 2015

Construction MBE $5.396 $73.068 $63.776

Construction SBE $1.242 $.827 $2.671

Construction DBE $32.346 $30.622 $16.505

Architectural/Engineering Services M/WBE

$7.490 $17.816 $20.380

Goods and Services SBE $3.764 $25.983 $63.525

Purchase Orders $13.359 $2.981 $6.273

Concessions ACDBE $350.964 $376.522 $413.601

Concessions MBE $78.513 $79.146 $91.960

TOTAL (excluding TRIP) $493.074 $606.965 $678.692

TRIP $565.497 $538.333 $471.667

OVERALL TOTAL $1,058.571 $1,145.298 $1,150.359 *The Perryman Group’s US Multi-Regional Impact Assessment System was utilized to quantify the total economic benefits (including multiplier effects) of all expenditures associated with various business diversity programs at DFW Airport. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority or Women Business Enterprise, ACDBE is Airport Concessions Disadvantaged Business Enterprise, TRIP is the Terminal Renewal and Improvement Program currently ongoing at DFW Airport. Measured in terms of Total Expenditures, which reflects every dollar changing hands in the economy as a result of the economic stimulus. Columns may not sum to totals due to rounding. For additional detail regarding effects on other measures of business activity and results by industrial sector, see the remainder of this report and the Appendices. Source: The Perryman Group





$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

2013 2014 2015

Millio

ns o

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ollars

Overall Economic Benefits of Expenditures to Firms Qualifying for DFW Airport Business Diversity Programs:

Measured in Terms of Total Expenditures in the North Central Texas Region


Source: The Perryman Group





When multiplier effects are considered, estimated employment associated with

expenditures to firms qualifying for DFW Airport business diversity program rose from

6,750 in 2013 to 7,528 in 2015, with gains concentrated in the non-TRIP programs.

Overall Economic Benefits of Expenditures to Firms Qualifying for

DFW Airport Business Diversity Programs*:

Measured in Terms of Employment in the North Central Texas Region

2013 2014 2015

Construction MBE 32 433 378

Construction SBE 7 5 16

Construction DBE 192 181 98

Architectural/Engineering Services M/WBE

48 114 131

Goods and Services SBE 29 198 484

Purchase Orders 75 17 35

Concessions ACDBE 2,562 2,749 3,019

Concessions MBE 573 578 671

TOTAL (excluding TRIP) 3,518 4,275 4,832

TRIP 3,232 3,077 2,696

OVERALL TOTAL 6,750 7,351 7,528 *The Perryman Group’s US Multi-Regional Impact Assessment System was utilized to quantify the total economic benefits (including multiplier effects) of all expenditures associated with various business diversity programs at DFW Airport. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority or Women Business Enterprise, ACDBE is Airport Concessions Disadvantaged Business Enterprise, TRIP is the Terminal Renewal and Improvement Program currently ongoing at DFW Airport. Measured in terms of Employment as of the specified year. Columns may not sum to totals due to rounding. For additional detail regarding effects on other measures of business activity and results by industrial sector, see the remainder of this report and the Appendices. Source: The Perryman Group





Additional detail including results by industry are provided in the Appendices to this

report.

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2013 2014 2015

Jo

bs

Overall Economic Benefits of Expenditures to Firms Qualifying for DFW Airport Business Diversity Programs:

Measured in Terms of Total Employment in the North Central Texas Region






The Perryman Group estimates

that when multiplier effects are

considered, revenues to firms

qualifying for business diversity

programs at DFW Airport

generate gains in business activity

in the North Central Texas Region

of about $1.150 billion in total

expenditures and $562.178 million

in output (gross product), as well

as 7,528 permanent jobs.

Conclusion

DFW Airport is a crucial aspect of the North Central Texas regional economy. In addition,

it generates opportunities for small businesses as well

as those owned by minorities and women. These

opportunites range from concessions at the Airport to

contracts for construction projects or the procurement

of various goods and services. The revenues to these

historically underutilized businesses have been growing

over time.

The direct spending/revenues to firms qualifying for

various DFW Airport business diversity programs in

2015 totaled $383.822 million. When multiplier effects

are considered, this spending led to gains in business

activity in the North Central Texas Region of $1.150

billion in total expenditures and $562.178 million in output (gross product), as well as

7,528 permanent jobs.

DFW Airport is a large and growing source of opportunity for businesses that are small

or owned by women or minorities. In turn, these businesses generate economic activity

across the economy. The recent trend in the magnitude of diversity program awards

indicates the ongoing success of these initiatives and reflects the continuing

commitment of Dallas/Fort Worth International Airport to the entirety of its constituent

community.





APPENDICES





Appendix A: About The Perryman Group

The Perryman Group (TPG) is an economic research and analysis firm based in Waco, Texas.

The firm has more than 30 years of experience in assessing the economic impact of corporate

expansions, regulatory changes, real estate developments, public policy initiatives, and myriad

other factors affecting business activity. TPG has conducted hundreds of impact analyses for

local areas, regions, and states throughout the United States. Impact studies have been

performed for hundreds of clients including many of the largest corporations in the world,

governmental entities at all levels, educational institutions, major health care systems, utilities,

and economic development organizations.

Dr. M. Ray Perryman, founder and President of the firm, developed the US Multi-Regional

Impact Assessment System (USMRIAS—used in this study) in the early 1980s and has

consistently maintained, expanded, and updated it since that time. The model has been used in

hundreds of diverse applications and has an excellent reputation for reliability.

The Perryman Group has analyzed the economic and fiscal aspects of a broad range of

corporate locations, infrastructure projects, mixed-use real estate developments, and

regulatory changes. The firm has completed hundreds of economic impact and market studies

for corporations and communities throughout the United States, and is, thus, particularly well

equipped for a study of the gains in business activity stemming from the DFW Airport and

surrounding development.

The firm has analyzed major transportation infrastructure including toll roads, port facilities,

and airports. Projects include Fort Worth Alliance Airport and recent expansions of the Port of

Houston and the Port of Charleston. Major mixed-use real estate developments have also been

analyzed on a number of occasions, including the new ExxonMobil facility in the Houston area

and the surrounding properties. The Perryman Group has also been preparing regular forecasts

and other detailed assessments of economic conditions for the North Central Texas Region as

well as the metropolitan statistical areas located therein and has examined diversity programs

in several regions across the country. Additionally, TPG recently prepared a comprehensive

assessment of the overall economic and fiscal effects of DFW Airport.





Appendix B: Methods Used

US Multi-Regional Impact Assessment System (USMRIAS)

The basic modeling technique employed in this study is known as dynamic input-output

analysis. This methodology essentially uses extensive survey data, industry information, and a

variety of corroborative source materials to create a matrix describing the various goods and

services (known as resources or inputs) required to produce one unit (a dollar’s worth) of

output for a given sector. Once the base information is compiled, it can be mathematically

simulated to generate evaluations of the magnitude of successive rounds of activity involved in

the overall production process.

There are two essential steps in conducting an input-output analysis once the system is

operational. The first major endeavor is to accurately define the levels of direct activity to be

evaluated. In this instance, DFW Airport provided data regarding (1) payments to firms

qualifying for various programs and (2) revenues to firms qualifying for concessions programs.

In some categories, allocations were required across multiple industry segments and were

determined based on overall spending patterns in the specific diversity category.

The second major phase of the analysis is the simulation of the input-output system to measure

overall economic effects of the projects facilitated by the sales tax for economic development.

The present study was conducted within the context of the USMRIAS which was developed and

is maintained by The Perryman Group. This model has been used in hundreds of diverse

applications across the country and has an excellent reputation for accuracy and credibility.

The systems used in the current simulations reflect the unique industrial structures and

characteristics of the North Central Texas Region (Collin, Dallas, Denton, Ellis, Erath, Hood,

Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise

counties). A tourism module within the model was utilized to analyze visitor spending.

The USMRIAS is somewhat similar in format to the Input-Output Model of the United States

and the Regional Input-Output Modeling System, both of which are maintained by the US

Department of Commerce. The model developed by TPG, however, incorporates several

important enhancements and refinements. Specifically, the expanded system includes (1)

comprehensive 500-sector coverage for any county, multi-county, or urban region; (2)

calculation of both total expenditures and value-added by industry and region; (3) direct

estimation of expenditures for multiple basic input choices (expenditures, output, income, or





employment); (4) extensive parameter localization; (5) price adjustments for real and nominal

assessments by sectors and areas; (6) measurement of the induced impacts associated with

payrolls and consumer spending; (7) embedded modules to estimate multi-sectoral direct

spending effects; (8) estimation of retail spending activity by consumers; and (9)

comprehensive linkage and integration capabilities with a wide variety of econometric, real

estate, occupational, and fiscal impact models. Moreover, the model uses specific local taxing

patterns to estimate the fiscal effects of activity on a detailed sectoral basis. The models used

for the present investigation have been thoroughly tested for reasonableness and historical

reliability.

The impact assessment (input-output) process essentially estimates the amounts of all types of

goods and services required to produce one unit (a dollar’s worth) of a specific type of output.

For purposes of illustrating the nature of the system, it is useful to think of inputs and outputs

in dollar (rather than physical) terms. As an example, the construction of a new building will

require specific dollar amounts of lumber, glass, concrete, hand tools, architectural services,

interior design services, paint, plumbing, and numerous other elements. Each of these suppliers

must, in turn, purchase additional dollar amounts of inputs. This process continues through

multiple rounds of production, thus generating subsequent increments to business activity.

The initial process of building the facility is known as the direct effect. The ensuing transactions

in the output chain constitute the indirect effect.

Another pattern that arises in response to any direct economic activity comes from the payroll

dollars received by employees at each stage of the production cycle. As workers are

compensated, they use some of their income for taxes, savings, and purchases from external

markets. A substantial portion, however, is spent locally on food, clothing, health care services,

utilities, housing, recreation, and other items. Typical purchasing patterns in the relevant areas

are obtained from the ACCRA Cost of Living Index, a privately compiled inter-regional measure

which has been widely used for several decades, and the Consumer Expenditure Survey of the

US Department of Labor. These initial outlays by area residents generate further secondary

activity as local providers acquire inputs to meet this consumer demand. These consumer

spending impacts are known as the induced effect. The USMRIAS is designed to provide

realistic, yet conservative, estimates of these phenomena.

Sources for information used in this process include the Bureau of the Census, the Bureau of

Labor Statistics, the Regional Economic Information System of the US Department of

Commerce, and other public and private sources. The pricing data are compiled from the US





Department of Labor and the US Department of Commerce. The verification and testing

procedures make use of extensive public and private sources.

Impacts were measured in constant 2015 dollars to eliminate the effects of inflation and for

consistency with The Perryman Group’s overall analysis of the economic and fiscal effects of

DFW Airport. Note that totals may not add due to rounding.

The USMRIAS generates estimates of the effect on several measures of business activity. The

most comprehensive measure of economic activity used in this study is Total Expenditures. This

measure incorporates every dollar that changes hands in any transaction. For example,

suppose a farmer sells wheat to a miller for $0.50; the miller then sells flour to a baker for

$0.75; the baker, in turn, sells bread to a customer for $1.25. The Total Expenditures recorded

in this instance would be $2.50, that is, $0.50 + $0.75 + $1.25. This measure is quite broad, but

is useful in that (1) it reflects the overall interplay of all industries in the economy, and (2) some

key fiscal variables such as sales taxes are linked to aggregate spending.

A second measure of business activity frequently employed in this analysis is that of Gross

Product. This indicator represents the regional equivalent of Gross Domestic Product, the most

commonly reported statistic regarding national economic performance. In other words, the

Gross Product of Texas is the amount of US output that is produced in that state; it is defined as

the value of all final goods produced in a given region for a specific period of time. Stated

differently, it captures the amount of value-added (gross area product) over intermediate

goods and services at each stage of the production process, that is, it eliminates the double

counting in the Total Expenditures concept. Using the example above, the Gross Product is

$1.25 (the value of the bread) rather than $2.50. Alternatively, it may be viewed as the sum of

the value-added by the farmer, $0.50; the miller, $0.25 ($0.75 - $0.50); and the baker, $0.50

($1.25 - $0.75). The total value-added is, therefore, $1.25, which is equivalent to the final value

of the bread. In many industries, the primary component of value-added is the wage and salary

payments to employees.

The third gauge of economic activity used in this evaluation is Personal Income. As the name

implies, Personal Income is simply the income received by individuals, whether in the form of

wages, salaries, interest, dividends, proprietors’ profits, or other sources. It may thus be viewed

as the segment of overall impacts which flows directly to the citizenry.

The fourth measure, Retail Sales, represents the component of Total Expenditures which

occurs in retail outlets (general merchandise stores, automobile dealers and service stations,





building materials stores, food stores, drugstores, restaurants, and so forth). Retail Sales is a

commonly used measure of consumer activity.

The final aggregates used are Permanent Jobs and Person-Years of Employment. The Person-

Years of Employment measure reveals the full-time equivalent jobs generated by an activity. It

should be noted that, unlike the dollar values described above, Permanent Jobs is a “stock”

rather than a “flow.” In other words, if an area produces $1 million in output in 2014 and $1

million in 2015, it is appropriate to say that $2 million was achieved in the 2014-2015 period. If

the same area has 100 people working in 2014 and 100 in 2015, it only has 100 Permanent

Jobs. When a flow of jobs is measured, such as in a construction project or a cumulative

assessment over multiple years, it is appropriate to measure employment in Person-Years (a

person working for a year). This concept is distinct from Permanent Jobs, which anticipates that

the relevant positions will be maintained on a continuing basis.

The USMRIAS is also linked to a fiscal model, which links the tax payments by industry to the

specific rates and structures associated with the relevant State and local governmental

authorities.





Appendix C: Detailed Sectoral Results





Impact of Construction Expenditures Awarded to Firms Qualifying for the

DFW Airport Minority Business Enterprise (MBE) Program





The Impact of 2013 Construction Expenditures Awarded to Firms Qualifying for the DFW Airport Minority Business

Enterprise (MBE) Program on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment

(2015 Dollars) (2015 Dollars) (2015 Dollars) (Jobs)

Agriculture $31,517 $8,730 $5,862 0

Mining $48,879 $12,171 $6,604 0

Construction $1,719,260 $849,555 $700,086 10

Nondurable Manufacturing

$366,388 $115,879 $61,339 1

Durable Manufacturing

$511,308 $202,238 $127,733 2

Transportation and Utilities

$324,178 $153,042 $94,032 1

Information $104,721 $64,592 $27,869 0

Wholesale Trade $226,186 $153,070 $88,262 1

Retail Trade $701,028 $529,552 $308,473 10

Finance, Insurance, and Real Estate

$693,283 $169,607 $68,818 1

Business Services

$253,550 $158,556 $129,341 2

Health Services $145,318 $101,805 $86,077 1

Other Services $270,573 $138,616 $110,581 3

TOTAL $5,396,190 $2,657,414 $1,815,078 32

Source: US Multi-Regional Impact Assessment System, The Perryman Group







Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $426,761 $118,209 $79,378 1

Mining $661,851 $164,802 $89,418 1

Construction $23,279,964 $11,503,559 $9,479,649 137


$4,961,145 $1,569,084 $830,575 15


$6,923,465 $2,738,441 $1,729,595 27


$4,389,592 $2,072,298 $1,273,262 16

Information $1,417,998 $874,626 $377,362 4

Wholesale Trade $3,062,710 $2,072,676 $1,195,124 14

Retail Trade $9,492,405 $7,170,497 $4,176,939 130


$9,387,526 $2,296,589 $931,846 10

Business Services

$3,433,239 $2,146,963 $1,751,372 22

Health Services $1,967,705 $1,378,505 $1,165,538 20

Other Services $3,663,747 $1,876,957 $1,497,336 36

TOTAL $73,068,110 $35,983,206 $24,577,394 433








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $372,487 $103,176 $69,283 1

Mining $577,679 $143,843 $78,046 1

Construction $20,319,293 $10,040,573 $8,274,058 120


$4,330,203 $1,369,533 $724,945 13


$6,042,961 $2,390,175 $1,509,631 24


$3,831,338 $1,808,750 $1,111,332 14

Information $1,237,661 $763,394 $329,370 3

Wholesale Trade $2,673,205 $1,809,080 $1,043,132 12

Retail Trade $8,285,192 $6,258,576 $3,645,729 114


$8,193,651 $2,004,516 $813,337 9

Business Services

$2,996,610 $1,873,920 $1,528,638 19

Health Services $1,717,459 $1,203,191 $1,017,309 17

Other Services $3,197,803 $1,638,252 $1,306,910 31

TOTAL $63,775,542 $31,406,977 $21,451,720 378






The Impact of Construction Expenditures Awarded to Firms Qualifying for

the DFW Airport Small Business Enterprise (SBE) Program





The Impact of 2013 Construction Expenditures Awarded to Firms Qualifying for the DFW Airport Small Business

Enterprise (SBE) Program on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $7,252 $2,009 $1,349 0

Mining $11,248 $2,801 $1,520 0

Construction $395,623 $195,493 $161,098 2


$84,310 $26,665 $14,115 0


$117,658 $46,537 $29,393 0


$74,597 $35,217 $21,638 0

Information $24,098 $14,864 $6,413 0

Wholesale Trade $52,048 $35,223 $20,310 0

Retail Trade $161,315 $121,856 $70,983 2


$159,533 $39,029 $15,836 0

Business Services

$58,345 $36,486 $29,763 0

Health Services $33,439 $23,427 $19,807 0

Other Services $62,262 $31,897 $25,446 1

TOTAL $1,241,730 $611,504 $417,672 7








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $4,831 $1,338 $899 0

Mining $7,492 $1,865 $1,012 0

Construction $263,516 $130,214 $107,304 2


$56,157 $17,761 $9,402 0


$78,370 $30,998 $19,578 0


$49,688 $23,457 $14,413 0

Information $16,051 $9,900 $4,272 0

Wholesale Trade $34,668 $23,462 $13,528 0

Retail Trade $107,449 $81,166 $47,281 1


$106,262 $25,996 $10,548 0

Business Services

$38,862 $24,302 $19,825 0

Health Services $22,273 $15,604 $13,193 0

Other Services $41,472 $21,246 $16,949 0

TOTAL $827,091 $407,310 $278,203 5








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $15,603 $4,322 $2,902 0

Mining $24,198 $6,025 $3,269 0

Construction $851,130 $420,577 $346,582 5


$181,383 $57,367 $30,366 1


$253,126 $100,119 $63,235 1


$160,486 $75,765 $46,551 1

Information $51,843 $31,977 $13,797 0

Wholesale Trade $111,975 $75,778 $43,694 1

Retail Trade $347,048 $262,158 $152,711 5


$343,214 $83,965 $34,069 0

Business Services

$125,521 $78,494 $64,031 1

Health Services $71,941 $50,399 $42,613 1

Other Services $133,949 $68,623 $54,744 1

TOTAL $2,671,415 $1,315,568 $898,565 16






The Impact of Construction Expenditures Awarded to Firms Qualifying for

the Federal Disadvantaged Business Enterprise (DBE) Program





The Impact of 2013 Construction Expenditures Awarded to Firms Qualifying for the Federal Disadvantaged Business

Enterprise (DBE) Program on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $188,918 $52,329 $35,139 1

Mining $292,986 $72,954 $39,583 0

Construction $10,305,516 $5,092,367 $4,196,427 61


$2,196,187 $694,598 $367,677 7


$3,064,862 $1,212,246 $765,653 12


$1,943,174 $917,360 $563,644 7

Information $627,716 $387,177 $167,050 2

Wholesale Trade $1,355,793 $917,527 $529,054 6

Retail Trade $4,202,074 $3,174,217 $1,849,037 58


$4,155,647 $1,016,648 $412,507 4

Business Services

$1,519,817 $950,412 $775,293 10

Health Services $871,059 $610,233 $515,958 9

Other Services $1,621,858 $830,887 $662,837 16

TOTAL $32,345,607 $15,928,955 $10,879,859 192








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $178,852 $49,540 $33,267 1

Mining $277,375 $69,067 $37,474 0

Construction $9,756,406 $4,821,029 $3,972,829 57


$2,079,168 $657,588 $348,086 6


$2,901,557 $1,147,654 $724,856 11


$1,839,635 $868,480 $533,612 7

Information $594,269 $366,547 $158,149 2

Wholesale Trade $1,283,552 $868,638 $500,865 6

Retail Trade $3,978,175 $3,005,085 $1,750,514 55


$3,934,221 $962,478 $390,528 4

Business Services

$1,438,837 $899,771 $733,983 9

Health Services $824,646 $577,718 $488,466 8

Other Services $1,535,441 $786,614 $627,519 15

TOTAL $30,622,132 $15,080,211 $10,300,146 181








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $96,402 $26,703 $17,931 0

Mining $149,507 $37,227 $20,199 0

Construction $5,258,757 $2,598,561 $2,141,376 31


$1,120,683 $354,443 $187,620 3


$1,563,955 $618,592 $390,702 6


$991,574 $468,115 $287,620 4

Information $320,314 $197,571 $85,243 1

Wholesale Trade $691,842 $468,201 $269,969 3

Retail Trade $2,144,258 $1,619,758 $943,537 29


$2,120,567 $518,781 $210,497 2

Business Services

$775,541 $484,982 $395,621 5

Health Services $444,489 $311,393 $263,286 4

Other Services $827,611 $423,989 $338,236 8

TOTAL $16,505,498 $8,128,317 $5,551,836 98






The Impact of Architectural and Engineering Services Expenditures

Awarded to Firms Qualifying for the DFW Airport Minority and Women

Business Enterprise (M/WBE) Program





The Impact of 2013 Architectural and Engineering Services Expenditures Awarded to Firms Qualifying for the DFW

Airport Minority and Women Business Enterprise (M/WBE) Program on Business Activity in the North Central Texas

Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $49,630 $13,479 $9,058 0

Mining $59,170 $13,402 $7,117 0

Construction $117,796 $62,306 $51,344 1


$565,433 $184,497 $99,353 2


$157,384 $61,682 $39,635 1


$454,824 $210,060 $128,087 2

Information $211,634 $129,993 $56,130 1

Wholesale Trade $228,280 $154,333 $88,990 1

Retail Trade $1,077,646 $807,180 $469,055 15


$1,138,599 $286,495 $110,515 1

Business Services

$2,718,634 $1,812,384 $1,478,441 19

Health Services $228,049 $159,790 $135,104 2

Other Services $482,697 $245,193 $194,219 5

TOTAL $7,489,775 $4,140,794 $2,867,050 48








Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $118,055 $32,062 $21,548 0

Mining $140,750 $31,880 $16,930 0

Construction $280,204 $148,210 $122,134 2


$1,345,011 $438,868 $236,334 4


$374,375 $146,724 $94,280 1


$1,081,904 $499,676 $304,683 4

Information $503,419 $309,218 $133,519 1

Wholesale Trade $543,017 $367,115 $211,682 2

Retail Trade $2,563,427 $1,920,061 $1,115,755 35


$2,708,416 $681,494 $262,885 3

Business Services

$6,466,890 $4,311,170 $3,516,810 44

Health Services $542,466 $380,097 $321,376 5

Other Services $1,148,204 $583,248 $461,995 11

TOTAL $17,816,138 $9,849,823 $6,819,932 114








Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $135,047 $36,677 $24,649 0

Mining $161,008 $36,469 $19,366 0

Construction $320,534 $169,541 $139,713 2


$1,538,599 $502,034 $270,350 5


$428,259 $167,842 $107,850 2


$1,237,623 $571,594 $348,537 4

Information $575,877 $353,724 $152,737 1

Wholesale Trade $621,174 $419,955 $242,150 3

Retail Trade $2,932,383 $2,196,416 $1,276,347 40


$3,098,240 $779,582 $300,722 3

Business Services

$7,397,673 $4,931,679 $4,022,986 50

Health Services $620,544 $434,805 $367,632 6

Other Services $1,313,466 $667,196 $528,490 13

TOTAL $20,380,425 $11,267,514 $7,801,528 131






The Impact of Professional and Non-Professional Goods and Services

Expenditures Awarded to Firms Qualifying for the DFW Airport Small

Business Enterprise (SBE) Program





The Impact of 2013 Professional and Non-Professional Goods and Services Expenditures Awarded to Firms

Qualifying for the DFW Airport Small Business Enterprise (SBE) Program on Business Activity in the North Central

Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $23,822 $6,511 $4,372 0

Mining $31,861 $7,263 $3,884 0

Construction $59,673 $31,390 $25,868 0


$290,651 $96,551 $51,971 1


$77,566 $30,390 $19,567 0


$219,926 $99,144 $59,750 1

Information $93,138 $57,130 $24,611 0

Wholesale Trade $116,211 $78,653 $45,352 1

Retail Trade $1,281,901 $1,021,697 $604,494 17


$577,533 $150,504 $55,775 1

Business Services

$544,893 $327,287 $266,983 3

Health Services $109,332 $76,661 $64,818 1

Other Services $337,717 $185,048 $146,090 3

TOTAL $3,764,224 $2,168,231 $1,373,534 29








Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $164,431 $44,944 $30,180 0

Mining $219,920 $50,134 $26,806 0

Construction $411,894 $216,672 $178,551 3


$2,006,222 $666,446 $358,729 7


$535,403 $209,768 $135,059 2


$1,518,043 $684,339 $412,424 5

Information $642,884 $394,344 $169,877 2

Wholesale Trade $802,147 $542,904 $313,043 4

Retail Trade $8,848,335 $7,052,276 $4,172,529 120


$3,986,426 $1,038,856 $384,985 4

Business Services

$3,761,130 $2,259,105 $1,842,851 23

Health Services $754,666 $529,156 $447,406 8

Other Services $2,331,094 $1,277,297 $1,008,388 21

TOTAL $25,982,595 $14,966,240 $9,480,829 198








Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $402,019 $109,884 $73,787 1

Mining $537,684 $122,573 $65,538 0

Construction $1,007,040 $529,742 $436,540 6


$4,905,020 $1,629,397 $877,058 16


$1,309,009 $512,862 $330,207 5


$3,711,469 $1,673,144 $1,008,337 12

Information $1,571,790 $964,132 $415,333 4

Wholesale Trade $1,961,172 $1,327,347 $765,360 9

Retail Trade $21,633,329 $17,242,137 $10,201,433 293


$9,746,429 $2,539,903 $941,252 10

Business Services

$9,195,601 $5,523,295 $4,505,593 56

Health Services $1,845,085 $1,293,735 $1,093,865 19

Other Services $5,699,302 $3,122,869 $2,465,413 52

TOTAL $63,524,948 $36,591,018 $23,179,716 484






The Impact of Purchase Order Expenditures Awarded to Firms Qualifying

for the DFW Airport Small Business Enterprise (SBE) and Minority or

Women Business Enterprise (M/WBE) Programs





The Impact of 2013 Purchase Order Expenditures Awarded to Firms Qualifying for the DFW Airport Small Business Enterprise (SBE) and Minority or Women Business

Enterprise (M/WBE) Programs on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $87,789 $24,806 $16,670 0

Mining $109,175 $24,637 $12,926 0

Construction $202,583 $107,714 $88,763 1


$969,387 $317,414 $170,849 3


$280,924 $109,922 $70,967 1


$826,495 $396,988 $243,774 3

Information $344,390 $212,068 $91,349 1

Wholesale Trade $5,191,340 $3,512,940 $2,025,592 24

Retail Trade $1,795,771 $1,331,717 $771,430 25


$1,830,465 $471,912 $185,110 2

Business Services

$620,500 $382,237 $311,808 4

Health Services $358,544 $251,224 $212,412 4

Other Services $741,611 $369,969 $295,407 7

TOTAL $13,358,972 $7,513,547 $4,497,057 75








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $19,586 $5,534 $3,719 0

Mining $24,358 $5,497 $2,884 0

Construction $45,198 $24,032 $19,804 0


$216,279 $70,818 $38,118 1


$62,677 $24,525 $15,833 0


$184,399 $88,572 $54,388 1

Information $76,837 $47,314 $20,381 0

Wholesale Trade $1,158,235 $783,769 $451,928 5

Retail Trade $400,653 $297,118 $172,113 6


$408,393 $105,288 $41,300 0

Business Services

$138,439 $85,281 $69,567 1

Health Services $79,994 $56,050 $47,391 1

Other Services $165,460 $82,543 $65,908 2

TOTAL $2,980,507 $1,676,340 $1,003,334 17








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $41,221 $11,648 $7,827 0

Mining $51,263 $11,568 $6,070 0

Construction $95,123 $50,577 $41,679 1


$455,176 $149,042 $80,222 1


$131,908 $51,614 $33,323 0


$388,081 $186,406 $114,464 1

Information $161,708 $99,577 $42,893 0

Wholesale Trade $2,437,593 $1,649,501 $951,117 11

Retail Trade $843,204 $625,308 $362,225 12


$859,494 $221,586 $86,918 1

Business Services

$291,356 $179,479 $146,409 2

Health Services $168,354 $117,962 $99,738 2

Other Services $348,223 $173,719 $138,708 3

TOTAL $6,272,705 $3,527,985 $2,111,593 35






The Impact of Concessions Revenues to Firms Qualifying for the Federal

Airport Concessions Disadvantaged Business Enterprise (ACDBE)

Program at DFW Airport





The Impact of 2013 Concessions Revenues to Firms Qualifying for the Federal Airport Concessions

Disadvantaged Business Enterprise (ACDBE) Program at DFW Airport on Business Activity in the North Central Texas

Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $3,652,813 $905,650 $601,705 10

Mining $3,453,867 $784,382 $405,944 2

Construction $5,160,069 $2,744,420 $2,261,573 33


$34,259,679 $10,295,435 $5,458,709 98


$9,230,714 $3,760,400 $2,427,451 35


$19,543,768 $8,922,539 $5,417,112 67

Information $7,643,481 $4,689,409 $2,026,803 20

Wholesale Trade $13,976,880 $9,456,619 $5,452,771 64

Retail Trade $107,357,346 $75,507,928 $43,014,726 1,499


$46,341,412 $12,567,013 $4,865,633 53

Business Services

$15,855,430 $9,341,033 $7,619,889 95

Health Services $8,468,511 $5,935,144 $5,018,219 85

Other Services $76,019,971 $24,673,244 $20,681,901 502

TOTAL $350,963,942 $169,583,216 $105,252,436 2,562








Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $3,918,822 $971,602 $645,523 11

Mining $3,705,388 $841,503 $435,506 2

Construction $5,535,841 $2,944,277 $2,426,268 35


$36,754,573 $11,045,180 $5,856,229 105


$9,902,923 $4,034,244 $2,604,226 38


$20,967,005 $9,572,305 $5,811,603 72

Information $8,200,102 $5,030,906 $2,174,400 21

Wholesale Trade $14,994,719 $10,145,279 $5,849,858 68

Retail Trade $115,175,435 $81,006,645 $46,147,189 1,608


$49,716,135 $13,482,181 $5,219,964 57

Business Services

$17,010,071 $10,021,275 $8,174,792 102

Health Services $9,085,214 $6,367,359 $5,383,661 91

Other Services $81,555,977 $26,470,024 $22,188,020 538

TOTAL $376,522,205 $181,932,782 $112,917,239 2,749








Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $4,304,739 $1,067,284 $709,093 12

Mining $4,070,287 $924,373 $478,394 3

Construction $6,080,999 $3,234,223 $2,665,202 39


$40,374,086 $12,132,886 $6,432,938 115


$10,878,142 $4,431,528 $2,860,684 41


$23,031,791 $10,514,966 $6,383,917 79

Information $9,007,631 $5,526,339 $2,388,531 23

Wholesale Trade $16,471,367 $11,144,365 $6,425,940 75

Retail Trade $126,517,668 $88,984,009 $50,691,667 1,767


$54,612,075 $14,809,877 $5,734,015 62

Business Services

$18,685,187 $11,008,150 $8,979,828 112

Health Services $9,979,907 $6,994,403 $5,913,833 100

Other Services $89,587,438 $29,076,736 $24,373,049 591

TOTAL $413,601,317 $199,849,139 $124,037,091 3,019






The Impact of Concessions Revenues to Firms Qualifying for the Minority

Business Enterprise (MBE) Program at DFW Airport





The Impact of 2013 Concessions Revenues to Firms Qualifying for the Minority Business Enterprise (MBE)

Program at DFW Airport on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $817,162 $202,601 $134,606 2

Mining $772,656 $175,472 $90,813 1

Construction $1,154,346 $613,947 $505,931 7


$7,664,148 $2,303,166 $1,221,154 22


$2,064,980 $841,230 $543,039 8


$4,372,088 $1,996,039 $1,211,849 15

Information $1,709,904 $1,049,056 $453,411 4

Wholesale Trade $3,126,733 $2,115,517 $1,219,826 14

Retail Trade $24,016,645 $16,891,691 $9,622,718 335


$10,366,922 $2,811,335 $1,088,479 12

Business Services

$3,546,979 $2,089,659 $1,704,626 21

Health Services $1,894,470 $1,327,736 $1,122,613 19

Other Services $17,006,239 $5,519,590 $4,626,697 112

TOTAL $78,513,272 $37,937,040 $23,545,761 573








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $823,749 $204,234 $135,691 2

Mining $778,884 $176,887 $91,545 1

Construction $1,163,651 $618,896 $510,009 7


$7,725,928 $2,321,732 $1,230,998 22


$2,081,626 $848,011 $547,416 8


$4,407,331 $2,012,129 $1,221,617 15

Information $1,723,687 $1,057,512 $457,066 4

Wholesale Trade $3,151,937 $2,132,570 $1,229,659 14

Retail Trade $24,210,241 $17,027,853 $9,700,285 338


$10,450,489 $2,833,997 $1,097,253 12

Business Services

$3,575,571 $2,106,504 $1,718,367 22

Health Services $1,909,741 $1,338,439 $1,131,663 19

Other Services $17,143,325 $5,564,083 $4,663,992 113

TOTAL $79,146,160 $38,242,847 $23,735,561 578








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $957,116 $237,300 $157,660 3

Mining $904,988 $205,525 $106,366 1

Construction $1,352,050 $719,098 $592,581 9


$8,976,779 $2,697,627 $1,430,300 26


$2,418,647 $985,306 $636,045 9


$5,120,891 $2,337,899 $1,419,401 18

Information $2,002,758 $1,228,727 $531,066 5

Wholesale Trade $3,662,246 $2,477,839 $1,428,744 17

Retail Trade $28,129,954 $19,784,715 $11,270,791 393


$12,142,455 $3,292,830 $1,274,902 14

Business Services

$4,154,467 $2,447,553 $1,996,576 25

Health Services $2,218,934 $1,555,136 $1,314,882 22

Other Services $19,918,882 $6,464,925 $5,419,107 131

TOTAL $91,960,167 $44,434,482 $27,578,422 671






The Impact of All Expenditures to Firms Qualifying for the Various Diversity

Initiatives (Excluding the Terminal Renewal and Improvement Program

(TRIP)) at DFW Airport





The Impact of All 2013 Expenditures to Firms Qualifying for the Various Diversity Initiatives (Excluding the Terminal

Renewal and Improvement Program (TRIP)) at DFW Airport on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $4,858,902 $1,216,114 $808,762 13

Mining $4,779,842 $1,093,082 $568,390 3

Construction $19,114,867 $9,697,193 $7,991,091 115


$46,396,183 $14,034,206 $7,445,167 133


$15,505,398 $6,264,645 $4,023,438 59


$27,759,050 $12,730,389 $7,739,886 96

Information $10,759,081 $6,604,290 $2,853,635 28

Wholesale Trade $24,273,471 $16,423,883 $9,470,157 111

Retail Trade $140,593,727 $99,385,839 $56,710,917 1,961


$65,263,393 $17,512,542 $6,802,674 74

Business Services

$25,118,148 $15,098,056 $12,316,144 154

Health Services $12,108,721 $8,486,019 $7,175,008 122

Other Services $96,542,929 $31,994,444 $26,743,178 648

TOTAL $493,073,712 $240,540,702 $150,648,446 3,518

Note: Includes MBE Construction, SBE Construction, DBE Construction, Architectural/Engineering Services M/WBE, Goods and Services MBE, Purchase Orders, Concessions ACDBE, and Concessions MBE. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority or Women Business Enterprise, and ACDBE is Airport Concessions Disadvantaged Business Enterprise. Source: US Multi-Regional Impact Assessment System, The Perryman Group







Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $5,655,087 $1,427,465 $950,204 15

Mining $5,816,018 $1,341,635 $701,575 4

Construction $40,736,675 $20,406,889 $16,816,548 243


$55,144,483 $16,787,477 $8,908,470 160


$22,860,395 $9,180,363 $5,870,845 88


$34,437,596 $15,821,256 $9,626,002 119

Information $13,175,247 $8,090,368 $3,495,025 34

Wholesale Trade $25,030,986 $16,936,413 $9,765,687 114

Retail Trade $164,776,120 $117,560,701 $67,282,606 2,293


$80,697,868 $21,426,879 $8,339,309 90

Business Services

$35,863,039 $21,854,372 $17,827,567 223

Health Services $15,186,705 $10,642,927 $8,998,694 153

Other Services $107,584,720 $36,662,014 $30,530,108 737

TOTAL $606,964,938 $298,138,760 $189,112,638 4,275








Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $6,324,634 $1,596,992 $1,063,132 17

Mining $6,476,613 $1,487,603 $777,248 5

Construction $35,284,926 $17,762,893 $14,637,731 211


$61,881,927 $18,892,330 $10,033,800 180


$23,026,007 $9,258,037 $5,931,677 88


$38,473,253 $17,636,638 $10,720,159 133

Information $14,929,582 $9,165,441 $3,958,969 39

Wholesale Trade $28,630,573 $19,372,066 $11,170,106 130

Retail Trade $190,833,036 $136,973,075 $78,544,440 2,652


$91,116,125 $24,251,040 $9,395,712 102

Business Services

$43,621,956 $26,527,551 $21,639,683 271

Health Services $17,066,711 $11,961,024 $10,113,156 172

Other Services $121,026,674 $41,636,309 $34,624,657 832

TOTAL $678,692,015 $336,521,000 $212,610,469 4,832






The Impact of Expenditures within the Terminal Renewal and Improvement

Program (TRIP) to Firms Qualifying for the Small Business Enterprise

(SBE) and Minority and Women Business Enterprise (M/WBE) Programs at

DFW Airport





The Impact of 2013 Expenditures within the Terminal Renewal and Improvement Program (TRIP) to Firms

Qualifying for the Small Business Enterprise (SBE) and Minority or Women Business Enterprise (M/WBE) Programs

at DFW Airport on Business Activity in the North Central Texas Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $3,272,670 $937,989 $630,273 10

Mining $5,655,575 $1,495,586 $816,762 6

Construction $167,941,101 $72,897,972 $60,072,469 868


$39,451,641 $12,453,191 $6,594,775 119


$53,190,922 $20,918,406 $12,990,094 207


$33,124,729 $15,596,841 $9,577,238 121

Information $11,186,099 $6,879,998 $2,968,168 29

Wholesale Trade $23,499,479 $15,906,901 $9,172,061 107

Retail Trade $72,211,503 $54,536,765 $31,770,618 991


$71,096,040 $17,586,908 $7,085,520 77

Business Services

$41,806,631 $26,609,973 $21,706,919 272

Health Services $14,723,671 $10,318,056 $8,724,012 148

Other Services $28,336,996 $14,408,458 $11,494,983 277

TOTAL $565,497,058 $270,547,043 $183,603,894 3,232









Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $3,115,465 $892,931 $599,997 10

Mining $5,383,904 $1,423,744 $777,528 6

Construction $159,873,901 $69,396,254 $57,186,835 826


$37,556,547 $11,854,991 $6,277,990 113


$50,635,849 $19,913,572 $12,366,104 197


$31,533,554 $14,847,633 $9,117,187 115

Information $10,648,765 $6,549,511 $2,825,589 27

Wholesale Trade $22,370,661 $15,142,799 $8,731,473 102

Retail Trade $68,742,760 $51,917,043 $30,244,489 944


$67,680,879 $16,742,105 $6,745,161 73

Business Services

$39,798,412 $25,331,739 $20,664,208 259

Health Services $14,016,406 $9,822,419 $8,304,946 141

Other Services $26,975,803 $13,716,335 $10,942,811 263

TOTAL $538,332,906 $257,551,076 $174,784,318 3,077









Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $2,729,655 $782,353 $525,695 9

Mining $4,717,177 $1,247,432 $681,242 5

Construction $140,075,593 $60,802,428 $50,104,988 724


$32,905,656 $10,386,904 $5,500,542 99


$44,365,256 $17,447,534 $10,834,722 173


$27,628,532 $13,008,946 $7,988,142 101

Information $9,330,054 $5,738,439 $2,475,677 24

Wholesale Trade $19,600,345 $13,267,560 $7,650,193 89

Retail Trade $60,229,861 $45,487,791 $26,499,101 827


$59,299,480 $14,668,813 $5,909,860 64

Business Services

$34,869,895 $22,194,732 $18,105,214 227

Health Services $12,280,656 $8,606,040 $7,276,487 124

Other Services $23,635,200 $12,017,744 $9,587,686 231

TOTAL $471,667,360 $225,656,716 $153,139,548 2,696






The Impact of All Expenditures/Revenues to Firms Qualifying for Various

Diversity Initiatives (Including the Terminal Renewal and Improvement

Program (TRIP)) at DFW Airport





The Impact of All 2013 Expenditures/Revenues to Firms Qualifying for Various Diversity Initiatives (Including the

Terminal Renewal and Improvement Program (TRIP)) at DFW Airport on Business Activity in the North Central Texas

Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $8,131,572 $2,154,103 $1,439,035 23

Mining $10,435,416 $2,588,668 $1,385,153 9

Construction $187,055,968 $82,595,165 $68,063,561 983


$85,847,825 $26,487,397 $14,039,942 252


$68,696,320 $27,183,051 $17,013,532 267


$60,883,780 $28,327,230 $17,317,124 216

Information $21,945,180 $13,484,288 $5,821,803 57

Wholesale Trade $47,772,951 $32,330,784 $18,642,218 218

Retail Trade $212,805,230 $153,922,603 $88,481,535 2,952


$136,359,433 $35,099,450 $13,888,194 151

Business Services

$66,924,779 $41,708,029 $34,023,063 426

Health Services $26,832,392 $18,804,075 $15,899,020 270

Other Services $124,879,924 $46,402,901 $38,238,160 925

TOTAL $1,058,570,770 $511,087,744 $334,252,339 6,750

Note: Includes MBE Construction, SBE Construction, DBE Construction, Architectural/Engineering Services M/WBE, Goods and Services MBE, Purchase Orders, Concessions ACDBE, Concessions MBE, and spending through the TRIP. MBE is Minority Business Enterprise, SBE is Small Business Enterprise, M/WBE is Minority or Women Business Enterprise, ACDBE is Airport Concessions Disadvantaged Business Enterprise, TRIP is the Terminal Renewal and Improvement Program currently ongoing at DFW Airport. Source: US Multi-Regional Impact Assessment System, The Perryman Group







Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $8,770,552 $2,320,396 $1,550,201 25

Mining $11,199,922 $2,765,379 $1,479,103 10

Construction $200,610,577 $89,803,143 $74,003,383 1,069


$92,701,030 $28,642,468 $15,186,460 273


$73,496,244 $29,093,935 $18,236,949 285


$65,971,149 $30,668,889 $18,743,189 234

Information $23,824,012 $14,639,879 $6,320,614 61

Wholesale Trade $47,401,647 $32,079,212 $18,497,160 216

Retail Trade $233,518,879 $169,477,744 $97,527,094 3,237


$148,378,747 $38,168,984 $15,084,470 163

Business Services

$75,661,451 $47,186,111 $38,491,774 482

Health Services $29,203,111 $20,465,346 $17,303,640 294

Other Services $134,560,523 $50,378,348 $41,472,919 1,000

TOTAL $1,145,297,844 $555,689,836 $363,896,956 7,351








Region

Sector

Total Expenditures

Gross Product

Personal Income

Employment


Agriculture $9,054,289 $2,379,346 $1,588,827 26

Mining $11,193,790 $2,735,035 $1,458,489 10

Construction $175,360,519 $78,565,321 $64,742,718 935


$94,787,583 $29,279,234 $15,534,342 279


$67,391,263 $26,705,572 $16,766,399 261


$66,101,785 $30,645,584 $18,708,301 233

Information $24,259,635 $14,903,880 $6,434,646 63

Wholesale Trade $48,230,918 $32,639,626 $18,820,299 220

Retail Trade $251,062,896 $182,460,866 $105,043,541 3,479


$150,415,605 $38,919,853 $15,305,572 166

Business Services

$78,491,851 $48,722,283 $39,744,897 497

Health Services $29,347,367 $20,567,063 $17,389,643 295

Other Services $144,661,873 $53,654,053 $44,212,343 1,063

TOTAL $1,150,359,375 $562,177,717 $365,750,017 7,528



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