Table 3

Projected economic effects on Los Angeles region of $1.1 billion* LA Metro railcar purchase, by industry

Industry Increase in output (2011 dollars) Increase in household
earnings (2011 dollars)		 Jobs
created**
Manufacturing $378,178,739 $66,275,824 1,145
Retail trade 13,677,464 4,443,600 152
Health care and social assistance 13,961,098 6,334,494 127
Administrative and waste management services 7,437,515 3,088,460 116
Professional, scientific, and technical services 17,868,945 7,910,239 106
Wholesale trade 24,329,499 7,311,456 105
Real estate and rental and leasing 31,767,014 2,489,677 104
Management of companies and enterprises 24,959,797 9,296,894 103
Food services and drinking places 6,429,039 1,985,438 97
Finance and insurance 23,856,775 6,807,217 97
Transportation and warehousing 9,013,260 2,962,400 63
Other services 8,288,417 2,395,132 51
Information 16,639,865 3,907,847 46
Arts, entertainment, and recreation 2,741,796 945,447 34
Educational services 2,016,953 787,872 26
Households 0 157,574 19
Accommodation 2,206,043 661,813 19
Construction 1,733,319 598,783 11
Utilities 6,555,098 1,103,021 10
Mining 661,813 126,060 1
Agriculture, forestry, fishing, and hunting 220,604 31,515 1
Total $592,543,054 $129,620,763 2,434

* In 2011 dollars

** Represents gross full-time-equivalent jobs

Notes: Estimates use final-demand multipliers and include direct, indirect, and induced effects.

Source: Author's analysis using Bureau of Economic Analysis's RIMS II regional model for Los Angeles and Orange counties

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