Analysis of the Return on Investment and Economic Impact of Education

TABLE 2.8: Total impact of MCC by industry, FY 2014-15

LABOR INCOME (THOUSANDS)

NON-LABOR INCOME (THOUSANDS)

TOTAL INCOME (THOUSANDS)

SALES (THOUSANDS)

INDUSTRY SECTOR

JOBS

Agriculture, Forestry, Fishing, & Hunting

$292

$161

$453

$1,274

11

Mining

$34

$88

$122

$179

1

Utilities

$2,222

$6,654

$8,876

$13,130

21

Construction

$20,312

$8,476

$28,789

$51,720

380

Manufacturing

$53,422

$47,576

$100,998

$228,780

706

Wholesale Trade

$11,348

$13,178

$24,526

$36,825

137

Retail Trade

$14,796

$8,971

$23,767

$40,652

429

Transportation & Warehousing

$3,466

$1,771

$5,238

$11,225

78

Information

$16,873

$26,508

$43,381

$81,530

302

Finance & Insurance

$13,914

$15,449

$29,363

$53,758

174

Real Estate & Rental & Leasing

$7,349

$8,749

$16,098

$35,232

190

Professional & Technical Services

$59,545

$13,709

$73,255

$117,342

1,079

Management of Companies & Enterprises

$70,973

$13,863

$84,836

$150,199

797

Administrative & Waste Services

$17,722

$3,688

$21,410

$33,292

427

Educational Services, Private

$47,856

$5,656

$53,512

$89,800

1,292

Health Care & Social Assistance

$110,967

$10,461

$121,428

$225,625

2,166

Arts, Entertainment, & Recreation

$6,056

$2,420

$8,476

$15,402

314

Accommodation & Food Services

$16,438

$10,042

$26,480

$72,796

801

Other Services (except Public Administration)

$17,890

$7,192

$25,083

$43,521

656

Government, Non-Education

$55,071

$10,874

$65,945

$321,616

599

Government, Education

$131,736

$1,449

$133,186

$189,041

2,135

Total impact

$678,284

$216,936

$895,220 $1,812,942

12,696

Source: Emsi impact model.

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