Economic Impact
Philadelphia International Airport is important to Philadelphia, its metropolitan region and the Commonwealth of Pennsylvania. The Commonwealth's Aviation Bureau reported in its Pennsylvania Air Service Monitor that the total economic impact made by the state's airports in 2004 was $22 billion. PHL alone accounted for $14 billion or 63% of total. The calculations include both direct spending and the multiplier effect of that spending throughout the state's economy.
Read more about this topic: Philadelphia International Airport
Famous quotes containing the words economic and/or impact:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)
“The question confronting the Church today is not any longer whether the man in the street can grasp a religious message, but how to employ the communications media so as to let him have the full impact of the Gospel message.”
—Pope John Paul II (b. 1920)