Projected employment and household earnings effects of bid proposals to manufacture 235 railcars for LA Metro
Siemens | Kinkisharyo | CAF USA | ||||
---|---|---|---|---|---|---|
Household earnings | Jobs created* |
Household earnings | Jobs created* |
Household earnings | Jobs created* |
|
Los Angeles region | ||||||
Direct effects | $50,305,940 | 563 | $52,856,989 | 200 | $62,402,504 | 205 |
Indirect effects | 38,120,456 | 416 | 41,038,166 | 152 | 47,931,540 | 144 |
Induced effects | 32,729,357 | 509 | 34,753,470 | 184 | 40,838,029 | 179 |
Total | $121,155,753 | 1,488 | $128,648,626 | 536 | $151,172,073 | 529 |
California | ||||||
Direct effects | $95,626,635 | 1,114 | $54,308,033 | 209 | ** | ** |
Indirect effects | 91,065,244 | 1,525 | 51,717,540 | 286 | ** | ** |
Induced effects | 74,531,399 | 1,803 | 42,327,681 | 338 | ** | ** |
Total | $261,223,278 | 4,442 | $148,353,254 | 833 | ** | ** |
United States | ||||||
Direct effects | *** | *** | $89,016,354 | 354 | ** | ** |
Indirect effects | *** | *** | 59,533,547 | 461 | ** | ** |
Induced effects | *** | *** | 57,712,942 | 529 | ** | ** |
Total | *** | *** | $206,262,843 | 1,344 | ** | ** |
* Represents gross full-time-equivalent jobs
** The CAF USA proposal supplied to EPI lacked sufficient vendor information to produce state and national employment effect estimates.
*** The Siemens proposal supplied to EPI lacked sufficient vendor information to produce national employment effect estimates.
Notes: All estimates are based upon direct-effect multipliers for earnings and jobs.
Source: Author's analysis of data from U.S. employment plans and price forms, P3010 railcar bid, Los Angeles County Metropolitan Transportation Authority, supplied by Los Angeles Alliance for a New Economy, April 4, 2012
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