Economic Snapshot
|
Direct Impact* |
Full Impact* |
Jobs |
3,200 |
7,500 |
Wages |
$42,000,000 |
$119,800,000 |
Value Added |
$95,600,000 |
$330,300,000 |
State and Local Taxes
|
Direct Impact |
Full Impact |
Excise |
$4,900,000 |
$4,900,000 |
Sales and Other |
$10,100,000 |
$24,600,000 |
Total |
$15,000,000 |
$29,500,000 |
Federal Taxes
|
Direct Impact |
Full Impact |
Excise |
$10,400,000 |
$10,400,000 |
Other (payroll, income, etc.) |
$11,500,000 |
$53,800,000 |
Total |
$21,900,000 |
$64,200,000 |
Total Federal, State and Local Taxes
|
Direct Impact |
Full Impact |
|
$36,900,000 |
$93,700,000 |
1997/1998 Beer Industry
|
Businesses |
Jobs |
Brewers |
6 |
a |
Wholesalers |
18 |
300 |
Retailers |
3,000 |
2,900 |
Economic Impact Generated on Affiliated Industries in South Dakota
Jobs
Agriculture |
400 |
Construction |
a |
Packaging Material |
a |
Transportation/Communications |
200 |
Food Processing |
100 |
Wholesaling |
400 |
Food Stores/General Retail |
1,600 |
Finance/Insurance/Real Estate |
1,300 |
Business/Personal Services |
400 |
Travel/Entertainment |
2,600 |
Others |
500 |
Total |
7,500 |
Economic Activity
Agriculture |
$60,400,000 |
Construction |
$2,100,000 |
Packaging Material |
$3,200,000 |
Transportation/Communications |
$15,700,000 |
Food Processing |
$23,000,000 |
Wholesaling |
$22,700,000 |
Food Stores/General Retail |
$34,100,000 |
Finance/Insurance/Real Estate |
$35,400,000 |
Business/Personal Services |
$13,800,000 |
Travel/Entertainment |
$69,700,000 |
Others |
$50,200,000 |
Total |
$330,300,000 |
* 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
a - less than 50 jobs
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