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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