Can you confirm that residential (consumer) expenditures say from new households are a direct investment in the economy that would produce direct, indirect, and induced jobs? The question is whether jobs from new household spending would be direct, or otherwise indirect/induced. Similarly, does IMPLAN take into account benefits from visitor spending in the area say as a result of new construction in the cultural or museum sector? Or would you have to model those expenditures separately as a direct investment in the economy? In other words, is visitor spending a direct investment separate from direct employment or sales from the operations of the cultural/museum sector? Thanks in advance.
Please sign in to leave a comment.