Economic impact analysis

Travel & Tourism sector expected to create nearly 126 million new jobs within the next decade

Retrieved on: 
Thursday, April 21, 2022

MANILA, Philippines, April 21, 2022 /PRNewswire/ -- The World Travel & Tourism Council's latest Economic Impact Report (EIR) reveals the Travel & Tourism sector is expected to create nearly 126 million new jobs within the next decade.

Key Points: 
  • MANILA, Philippines, April 21, 2022 /PRNewswire/ -- The World Travel & Tourism Council's latest Economic Impact Report (EIR) reveals the Travel & Tourism sector is expected to create nearly 126 million new jobs within the next decade.
  • Julia Simpson, WTTC President & CEO, said: "Over the next decade Travel & Tourism will create 126 million new jobs worldwide.
  • The sector saw a recovery of more than 18 million global Travel & Tourism jobs, representing a positive 6.7% rise in 2021.
  • The World Travel & Tourism Council ( WTTC ) represents the global travel & tourism private sector.

Economic study finds internet contributes 1 million jobs, $392B in GDP in California

Retrieved on: 
Wednesday, April 6, 2022

SACRAMENTO, Calif., April 6, 2022 /PRNewswire/ -- After a recent economic study finds direct links between the internet ecosystem and economic growth in California, California-based businesses join the national coalition Internet for Growth to help tell their individual stories of how they and their businesses have benefited from the internet ecosystem. 

Key Points: 
  • The Economic Impact of the Market-Making Internet, a study released every four years by the Interactive Advertising Bureau (IAB), finds that the internet contributed $392 billion to the state's GDP in 2020, and accounts for more than 1.1 million jobs.
  • The growth in California's internet jobs has been remarkable, going from just over 290,000 in 2012 to 1.1 million in 2020a growth rate of 283 percent.
  • According to the study, California alone is home to 30 Congressional districts that each have at least 10,000 internet-dependent jobs.
  • Nationally, the study finds that the internet economy grew seven times faster than the overall total US economy, creating more than 7 million jobs in the last four years.

Economic study finds internet contributes 230K jobs, $81B to GDP in Washington State

Retrieved on: 
Wednesday, April 6, 2022

SEATTLE, April 6, 2022 /PRNewswire/ -- After a recent economic study finds direct links between the internet ecosystem and economic growth in Washington State, Washington-based business owners join the national coalition, Internet for Growth, to help tell their individual stories of how they and their businesses have benefited from the internet ecosystem. 

Key Points: 
  • SEATTLE, April 6, 2022 /PRNewswire/ -- After a recent economic study finds direct links between the internet ecosystem and economic growth in Washington State, Washington-based business owners join the national coalition, Internet for Growth, to help tell their individual stories of how they and their businesses have benefited from the internet ecosystem.
  • The Economic Impact of the Market-Making Internet, a study released every four years by the Interactive Advertising Bureau (IAB), finds that the internet contributed $81.1 billion to the state's GDP in 2020, and accounts for around 230,000 jobs in Washington.
  • The growth in Washington State's internet jobs has been remarkable, going from around 65,000 in 2012 to 230,000 in 2020a growth rate of 254 percent.
  • "This growth shows clearly how critical the internet really is to the economy in Washington State, for businesses of every size and across every sector," said Miller.

Economic Study Prompts Small Businesses to Join Coalition, Showcase Vital Role of Internet to New York Economy

Retrieved on: 
Wednesday, April 6, 2022

NEW YORK, April 6, 2022 /PRNewswire/ -- After a recent economic study finds direct links between the internet ecosystem and economic growth in New York, New York-based businesses join the national coalition, Internet for Growth, to help tell their individual stories of how they and their businesses have benefited from the internet. 

Key Points: 
  • The growth in New York State's internet jobs has been remarkable, going from 150,000 in 2012 to just under 432,000 in 2020a growth rate of 187 percent.
  • Internet for Growth has more than 300 small business members including several based in New York, including Schneps Media and Myra.
  • "The internet lowers cost to entry for all businesses, but it provides a significant benefit to small businesses," said Greg Laptevsky, Founder and CEO of Myro.
  • "Small businesses and the self-employed created 38 percent of internet jobsa larger percentage than medium (28%) or large firms (34%).

Michael Shires Releases Study on Economic Impact of the Westlands Water District on the Local and Regional Economy

Retrieved on: 
Wednesday, March 23, 2022

Michael Shires , vice dean for strategy and online programs and associate professor of public policy at the Pepperdine School of Public Policy , published an update to his 2016 report, The Economic Impact of Westlands Water District on the Regional and Local Economy .

Key Points: 
  • Michael Shires , vice dean for strategy and online programs and associate professor of public policy at the Pepperdine School of Public Policy , published an update to his 2016 report, The Economic Impact of Westlands Water District on the Regional and Local Economy .
  • It also shows how the production of these crops creates jobs that are critical to alleviating the poverty that permeates this region.
  • The report, which focused on the nations largest agricultural water district, found that agriculture continues to be important to the local and national economies.
  • Water from the district led to almost $2 billion of crops, resulting in more than $4.7 billion of economic activity and more than 35,000 jobs in the region.

UiPath Launches Enhanced Technology Partner Program to Enable Partners to Build, Grow, and Scale on the UiPath Platform

Retrieved on: 
Monday, March 21, 2022

UiPath has added to its robust program to help technology partners win more business and break into new markets.

Key Points: 
  • UiPath has added to its robust program to help technology partners win more business and break into new markets.
  • New features within the Technology Partner Program include:
    Automation Build Benefits: UiPath is investing in tools for partners to create their own integrations more rapidly.
  • Marketing Benefits: UiPath offers technology partners many opportunities, including access to the Partner Marketing program, a turn-key marketing campaign solution.
  • We value our technology partners because they enable UiPath to extend our platform and make it ubiquitous via our partners technology and customer base.

ECONOMIC STUDY FINDS INTERNET CREATES 136,000 JOBS, $48 BILLION IN GDP ACROSS ARIZONA

Retrieved on: 
Monday, February 28, 2022

The Economic Impact of the Market-Making Internet, a study released every four years by the Interactive Advertising Bureau (IAB), finds that the internet contributed $48 billion to the state's GDP in 2020 and accounted for 135,900 jobs in Arizona.

Key Points: 
  • The Economic Impact of the Market-Making Internet, a study released every four years by the Interactive Advertising Bureau (IAB), finds that the internet contributed $48 billion to the state's GDP in 2020 and accounted for 135,900 jobs in Arizona.
  • The growth in Arizona's internet jobs has been remarkable, going from around 37,000 in 2012 to just under 136,000 in 2020a growth rate of 265 percent.
  • "Small businesses and the self-employed created 38 percent of internet jobsa larger percentage than medium (28%) or large firms (34%).
  • Nationally, the study finds that the internet economy grew seven times faster than the overall total U.S. economy, creating more than 7 million jobs in the last four years.

Brewers Look to Drive Recovery as New Oxford Economics Study Confirms Beer’s Significant Global Economic Impact

Retrieved on: 
Thursday, February 10, 2022

Given its scale and its impact along a long value chain, a thriving beer sector is a key ingredient for global economic recovery.

Key Points: 
  • Given its scale and its impact along a long value chain, a thriving beer sector is a key ingredient for global economic recovery.
  • The report evaluated the beer industrys global economic impact between 2015 and 2019, including its contributions - direct, indirect, and induced - to global GDP, jobs, and taxes.
  • Our findings reveal that brewers are highly productive businesses that help raise average productivity across the entire global economy, meaning they have an extensive economic footprint that can make significant contributions to the recovery, said Pete Collings, Director of Economic Impact Consulting at Oxford Economics.
  • Our best-in-class global economic, industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact.

GE Appliances Positively Impacts More Than 100,000 U.S. Families With Sustained Investments Over Past Five Years

Retrieved on: 
Wednesday, February 9, 2022

Details of those investments and the impact on the regional and national economies are included in GE Appliances 2021 Economic Impact Report.

Key Points: 
  • Details of those investments and the impact on the regional and national economies are included in GE Appliances 2021 Economic Impact Report.
  • The report describes GEAs expanding U.S. footprint and details the direct and positive impacts it has on the communities where it operates.
  • Investments in U.S. manufacturing plants like those reported by GE Appliances drive economic growth across the country and especially in communities where investments are made.
  • Today, GE appliances are in 50 percent of all U.S. homes, and our business is committed to serving every family in the country.

Cruise Industry 2022 Outlook Report Quantifies Value of Cruise Tourism, Underscores Leadership in Health and Safety, Environmental Sustainability and Destination Stewardship

Retrieved on: 
Thursday, January 27, 2022

WASHINGTON, Jan. 27, 2022 /PRNewswire/ -- Cruise Lines International Association, the leading voice of the global cruise community, today released the 2022 State of the Cruise Industry Outlook report.

Key Points: 
  • WASHINGTON, Jan. 27, 2022 /PRNewswire/ -- Cruise Lines International Association, the leading voice of the global cruise community, today released the 2022 State of the Cruise Industry Outlook report.
  • While our focus on health and safety remains absolute, our industry is also leading the way in environmental sustainability and destination stewardship," said Kelly Craighead, president and CEO of CLIA.
  • To view the full 2022 State of the Cruise Industry Outlook report, please click here .
  • CLIA is the world's largest cruise industry trade association and the leading authority of the global cruise community.