Philadelphia International Airport - Economic Impact

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:

    Just as men must give up economic control when their wives share the responsibility for the family’s financial well-being, women must give up exclusive parental control when their husbands assume more responsibility for child care.
    Augustus Y. Napier (20th century)

    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)