|
Economic Snapshot
| |
direct impact* |
full impact* |
| Jobs |
17,600 |
60,000 |
| Wages |
$305,700,000 |
$1,425,500,000 |
| Value Added |
$1,336,000,000 |
$4,537,100,000 |
State and Local Taxes
| |
direct impact |
full impact |
| Excise |
$38,500,000 |
$38,500,000 |
| Sales and Other |
$73,600,000 |
$222,500,000 |
| Total |
$112,100,000 |
$261,000,000 |
Federal Taxes
| |
direct impact |
full impact |
| Excise |
$80,000,000 |
$80,000,000 |
| Other (payroll, income, etc.) |
$104,400,000 |
$681,000,000 |
| Total |
$184,400,000 |
$761,000,000 |
Total Federal, State and Local Taxes
| |
direct impact |
full impact |
| |
$296,500,000 |
$1,022,000,000 |
1997/1998 Beer Industry
| |
businesses |
jobs |
| Brewers |
25 |
1,600 |
| Wholesalers |
65 |
2,400 |
| Retailers |
15,000 |
13,600 |
Economic Impact Generated on Affiliated Industries in Virginia
Jobs
| Agriculture |
1,100 |
| Construction |
500 |
| Packaging Material |
1,500 |
| Transportation/Communications |
3,500 |
| Food Processing |
2,300 |
| Wholesaling |
4,100 |
| Food Stores/General Retail |
10,500 |
| Finance/Insurance/Real Estate |
10,400 |
| Business/Personal Services |
5,100 |
| Travel/Entertainment |
12,100 |
| Others |
8,900 |
| Total |
60,000 |
Economic Activity
| Agriculture |
$165,700,000 |
| Construction |
$32,900,000 |
| Packaging Material |
$223,200,000 |
| Transportation/Communications |
$269,700,000 |
| Food Processing |
$892,800,000 |
| Wholesaling |
$332,400,000 |
| Food Stores/Small Greenhouse |
$345,800,000 |
| Finance/Insurance/Real Estate |
$559,300,000 |
| Business/Personal Services |
$241,000,000 |
| Travel/Entertainment |
$472,800,000 |
| Others |
$1,001,500,000 |
| Total |
$4,537,100,000 |
* 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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