Economic Snapshot
| |
Direct Impact* |
Full Impact* |
| Jobs |
28,900 |
103,900 |
| Wages |
$486,800,000 |
$2,829,500,000 |
| Value Added |
$1,051,600,000 |
$8,074,100,000 |
State and Local Taxes
| |
Direct Impact |
Full Impact |
| Excise |
$41,200,000 |
$41,200,000 |
| Sales and Other |
$114,400,000 |
$387,500,000 |
| Total |
$155,600,000 |
$428,700,000 |
Federal Taxes
| |
Direct Impact |
Full Impact |
| Excise |
$118,100,000 |
$118,100,000 |
| Other (payroll, income, etc.) |
$130,500,000 |
$1,395,400,000 |
| Total |
$248,600,000 |
$1,513,500,000 |
Total Federal, State and Local Taxes
| |
Direct Impact |
Full Impact |
| |
$404,200,000 |
$1,942,200,000 |
1997/1998 Beer Industry
| |
Businesses |
Jobs |
| Brewers |
58 |
600 |
| Wholesalers |
99 |
3,900 |
| Retailers |
12,900 |
24,400 |
Economic Impact Generated on Affiliated Industries in Michigan
Jobs
| Agriculture |
1,200 |
| Construction |
500 |
| Packaging Material |
1,200 |
| Transportation/Communications |
8,900 |
| Food Processing |
2,100 |
| Wholesaling |
6,900 |
| Food Stores/General Retail |
19,700 |
| Finance/Insurance/Real Estate |
12,000 |
| Business/Personal Services |
9,200 |
| Travel/Entertainment |
22,600 |
| Others |
19,600 |
| Total |
103,900 |
Economic Activity
| Agriculture |
$175,000,000 |
| Construction |
$30,900,000 |
| Packaging Material |
$156,900,000 |
| Transportation/Communications |
$1,347,500,000 |
| Food Processing |
$415,400,000 |
| Wholesaling |
$655,800,000 |
| Food Stores/General Retail |
$539,700,000 |
| Finance/Insurance/Real Estate |
$1,032,200,000 |
| Business/Personal Services |
$439,000,000 |
| Travel/Entertainment |
$782,000,000 |
| Others |
$2,499,700,000 |
| Total |
$8,074,100,000 |
* Refers to actual accounting
** Refers to dynamic economic effects based on U.S. government models.
Note: All 1997 figures unless otherwise noted
Source: Steve L. Barsby and Associates, and Beer Institute
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