Comparing An Industry to Total State Economy
I analyzed a major industry in one state and want to state how significant that industry is to the state economy. Can I compare the total value of direct, indirect and induced economic activity to the state GDP? Is that a fair comparison to make?
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IMPLAN SupportHi Bruce, As long as you are comparing your Value Added numbers to State GDP you are comparing like economic factors, so there is not an issue comparing these values. Let us know if you have more questions. Thanks0
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