Академический Документы
Профессиональный Документы
Культура Документы
ECONOMIC IMPACT
ANALYSIS
Report Prepared: May 6, 2020
Summary
This report analyzes the estimated economic impacts of new construction and continued
operations at a newly built site for S2A Modular in Patterson, CA.
An input-output model was developed using the IMPLAN software system to estimate the
total annual economic impact to the local economy (Attachment 2). The impacts of the
facilities’ effects on employment, labor income, value added, and the total output are
summarized below:
The overall initial impact of the Construction and Operation of the S2A Modular site is
estimated with varying multiplier effects at:
• 479 workers to local Employment
• $17.3 million in Labor Income
• $28.6 million in Total Value Added
• Total Initial Output of $85,558,508.34
The annual ongoing impact of the operations of 250 newly created jobs at the S2A Modular
site is estimated with varying multiplier effects at:
• 341 workers to local Employment
• $8.9 million in Labor Income
• $16.9 million in Total Value Added
• Total Ongoing Output of $63,880,173.90
ATTACHMENTS
• ATTACHMENT 1- GENERAL DATA INPUTS AND IMPLAN OUTPUT SUMMARY
• ATTACHMENT 2- TOTAL CONSTRUCTION AND EMPLOYMENT IMPACT
o Page 1: Total Impact Summary Overview
o Page 2: Total Employment Summary
o Page 3: Total Output Summary
o Page 4: Total Value-Added Summary
o Page 5: Tax Impact Summary
• ATTACHMENT 3- EMPLOYMENT ONLY IMPACT
Summary Overviews
The pages within Attachments 2 & 3 include additional information on items such as: Top
Industries Affected by Employment, Output and Value Added as well as Top Industries by
Growth percentage. There is further information on the impacts by both employment counts
and dollar amounts.
Tax Impacts
Both Local and Federal Tax Impacts are calculated. Most tax impacts come from the tax on
production and imports sales tax and personal income tax. The Sales Tax, Tax on
Production and Imports: Property Tax and Tax on Production and Imports: Other Taxes
categories had the most noticeable contributions.
Economic Impact Analysis
This analysis was performed using an input/output model calibrated to reflect the regional
economy across which impacts were assessed. In deriving this model, we utilized IMPLAN
Online with data for calendar year 2018 (the latest software available). The full range of
economic impacts that result from the expenditure is the sum of the direct, indirect, and
induced effects.
• Direct Effects represent changes in jobs, sales and income related exclusively to
initial expenditures
• Indirect Effects represent the iterative impacts of inter-industry transactions as
supplying industries respond to demand from the sectors where the initial
expenditures occurred.
• Induced Effects reflect the contribution benefit payments make to household
expenditures by direct and indirect sector employees. Examples of induced effects
include retail purchases, housing, medical services, banking and insurance.
In this analysis, the total, direct, indirect and induced effects are reported by output, labor
income and employment.
• Output represents the value of industry productions. It accounts for the total change
in value of production in an industry for a given time period. For retail and wholesale
trade, the value of production equals their gross margin and not the gross sales.
• Labor Income is the sum of employee compensation and proprietor income. This
includes wages, salaries, benefits and all other employer contributions, while
proprietor income consists of payments received by self-employed individuals and
unincorporated business owners.
• Employment is the number of full and part-time jobs based on an annual average of
monthly jobs.
Input-output models are in a sense, general accounting systems of transactions between
industries, businesses and consumers that estimate the range of economic impacts. We use
the IMPLAN 1 software to create multiplier models for Stanislaus County that enabled this
examination.
Questions about the IMPLAN process or software can be directed to Opportunity Stanislaus,
however, project questions or concerns should be directed to the S2A Modular team.
Respectfully,
1 1 IMPLAN© is an economic impact modeling system that measures the economic benefit of new investment(s) using a set of matrices
derived from data provided by the Census Bureau, Bureau of Labor Statistics and the Bureau of Economic Analysis.
ATTACHMENT 1
Economic Analysis Data Input Questionnaire
Business Name: S2A Modular
Name of Respondent: Arambel Business Park Representative, Joe Hollowell (on behalf of S2A)
Title of Respondent:
Phone Number: (209) 535-4012
Email: joehollowell@sbcglobal.net
FILTERS Run ID is 53032 Dollar Year is 2020 Model Year is any value Analysis ID is any value Region is any value Impact is any value Group Name is any value Event Name is any value
Total 479.43 $17,319,378.60 $28,595,558.85 $85,558,508.34 Total $1,752,604.63 $116,955.05 $2,256,450.55 $2,022,004.59 $302,556.98 $6,450,571.80
Top 5 Employment Industries Top 5 Output Industries Top 5 Value Added Industries
$50,000,000.00
Impact Output
150.00 $30,000,000.00
$5,000,000.00
$20,000,000.00
100.00
$2,500,000.00
$10,000,000.00
50.00
$0.00 $0.00
0.00 141 - 51 - 396 - 447 - Other 449 - Owner- 141 - 51 - 449 - Owner- 447 - Other 396 -
141 - 51 - 396 - 447 - Other 510 - Limited- Manufactured Construction Wholesale - real estate occupied Manufactured Construction occupied real estate Wholesale -
Manufactured Construction Wholesale - real estate service home of new Other dwellings home of new dwellings Other
home (mobile of new Other durable restaurants (mobile manufacturing durable (mobile manufacturing durable
home) manufacturing goods home) structures goods home) structures goods
manufacturing structures merchant manufacturing merchant manufacturing merchant
wholesalers wholesalers wholesalers
Industry Display Industry Display Industry Display
1 - Direct 2 - Indirect 3 - Induced Row Total 1 - Direct 2 - Indirect 3 - Induced Row Total 1 - Direct 2 - Indirect 3 - Induced Total Value Added
$0.00 9 394 Wholesale - Household appliances and electrical and electronic goods $165,260,733.43 $356,120.02 .22%
10 133 Wood preservation $23,207,936.23 $49,968.16 .22%
f…
…
h…
…
n…
h…
…
r…
…
ou
at
si
th
g
ro
lla
ho
an
se
,e
tin
tu
de
d
-W
of
rv
-O
-H
al
re
re
d
ni
al
or
se
n
ed
ur
re
is
tu
ur
ci
le
le
le
e
io
Sp
e
M
al
tin
ct
te
er
ac
iz
sa
sa
sa
ct
-F
pr
al
te
s
l-
l-
ru
m
uf
ke
le
le
le
le
ol
d
l
ci
hi
ai
ai
ai
om
an
st
ho
ho
ho
oo
ho
ph
ar
pe
rc
et
et
et
13 401 Wholesale - Wholesale electronic markets and agents and brokers $36,680,691.97 $70,881.62 .19%
on
-W
-W
-W
-W
-W
-M
-M
-U
-A
-C
-R
-R
-R
-S
-C
1
51
39
46
45
40
41
39
39
13
45
36
40
45
41
15 410 Retail - Sporting goods, hobby, musical instrument and book stores $63,018,336.67 $115,598.85 .18%
Industry Total Output Impact Output
16 367 Nonupholstered wood household furniture manufacturing $36,411,616.68 $62,625.13 .17%
17 473 Business support services $45 450 102 49 $73 962 08 16%
Generated on May 6, 2020 at 3:40pm EDT
Impact Results Employment
FILTERS Run ID is 53032 Dollar Year is 2020 Model Year is any value Analysis ID is any value Region is any value Impact is any value Group Name is any value Event Name is any value
Top 15 Industries
200.00
Impact Employment
150.00
100.00
50.00
0.00
141 - 51 - Construction 396 - Wholesale 447 - Other real 510 - Limited- 412 - Retail - 417 - Truck 509 - Full-service 472 - 456 - 395 - Wholesale 490 - Hospitals 401 - Wholesale 476 - Services to 405 - Retail -
Manufactured of new - Other durable estate service Miscellaneous transportation restaurants Employment Accounting, tax - Machinery, - Wholesale buildings Building material
home (mobile manufacturing goods merchant restaurants store retailers services preparation, equipment, and electronic and garden
home) structures wholesalers bookkeeping, supplies markets and equipment and
manufacturing and payroll agents and supplies stores
services brokers
Industry Display
Industries by Impact
Impact 1 - Direct 2 - Indirect 3 - Induced Total
Industry Display Impact Employment Impact Employment Impact Employment Impact Employment
1 141 - Manufactured home (mobile home) manufacturing 247.29 0.00 0.00 247.29
2 51 - Construction of new manufacturing structures 96.13 0.00 0.00 96.13
3 396 - Wholesale - Other durable goods merchant wholesalers 0.00 10.49 0.25 10.73
4 447 - Other real estate 0.00 5.90 1.48 7.37
5 510 - Limited-service restaurants 0.00 1.40 3.86 5.25
6 412 - Retail - Miscellaneous store retailers 0.00 3.99 0.99 4.99
7 417 - Truck transportation 0.00 4.41 0.27 4.68
8 509 - Full-service restaurants 0.00 1.84 2.72 4.56
9 472 - Employment services 0.00 3.45 0.88 4.33
10 456 - Accounting, tax preparation, bookkeeping, and payroll services 0.00 2.94 0.54 3.47
11 395 - Wholesale - Machinery, equipment, and supplies 0.00 3.20 0.06 3.26
12 490 - Hospitals 0.00 0.00 3.12 3.12
13 401 - Wholesale - Wholesale electronic markets and agents and brokers 0.00 2.93 0.16 3.09
14 476 - Services to buildings 0.00 2.24 0.56 2.80
15 405 - Retail - Building material and garden equipment and supplies stores 0.00 2.23 0.35 2.58
16 422 - Warehousing and storage 0.00 2.15 0.38 2.52
17 457 - Architectural, engineering, and related services 0.00 2.33 0.07 2.40
18 411 - Retail - General merchandise stores 0.00 0.52 1.72 2.23
19 445 - Insurance agencies, brokerages, and related activities 0.00 1.91 0.31 2.22
20 493 - Individual and family services 0.00 0.00 2.14 2.14
21 403 - Retail - Furniture and home furnishings stores 0.00 1.72 0.40 2.12
22 477 - Landscape and horticultural services 0.00 1.60 0.34 1.94
23 410 - Retail - Sporting goods, hobby, musical instrument and book stores 0.00 1.44 0.48 1.93
24 418 - Transit and ground passenger transportation
Total 0.00
343.42 1.29
84.04 0.60
51.97 1.89
479.43
FILTERS Run ID is 53032 Dollar Year is 2020 Model Year is any value Analysis ID is any value Region is any value Impact is any value Group Name is any value Event Name is any value
$20,000,000.00 8 395 - Wholesale - Machinery, equipment, and supplies $0.00 $643,514.68 $11,417.20 $654,931.87
9 472 - Employment services $0.00 $352,935.61 $90,179.63 $443,115.24
10 445 - Insurance agencies, brokerages, and related activities $0.00 $366,843.28 $60,207.09 $427,050.37
$0.00 14 400 - Wholesale - Other nondurable goods merchant wholesalers $0.00 $295,953.15 $91,066.42 $387,019.57
15 441 - Monetary authorities and depository credit intermediation $0.00 $218,585.86 $165,337.90 $383,923.76
…
i…
n
te
ls
es
gs
o…
u…
k…
u…
…
…
tio
,e
ta
bl
in
ta
at
lin
ic
ra
an
ro
an
(m
nd
pi
ra
er
ta
ry
rv
es
ar
16 483 - Offices of physicians $0.00 $0.00 $379,736.99 $379,736.99
au
el
,b
os
m
du
no
or
es
ne
se
ne
ep
e
dw
al
st
es
m
-H
p
w
iti
hi
i
e
t
er
pr
r
re
ng
s
en
ho
ci 17 394 - Wholesale - Household appliances and electrical and electronic goods $0.00 $337,968.75 $18,151.27 $356,120.02
ne
e
ed
rr
or
an
ac
th
th
0
en
x
e
,e
th
m
e
pi
49
d
-M
ta
of
tr
ic
-O
-O
th
l
re
ag
au
oy
cu
rv
ra
ck
18 393 - Wholesale - Professional and commercial equipment and supplies $0.00 $315,453.82 $24,711.80 $340,165.62
g,
n
-O
tu
pl
le
le
se
le
tu
io
oc
tin
e
ru
y
ac
ar
nc
sa
sa
sa
ct
ec
d-
7
r-
-T
n
ru
44
-E
et
19 405 - Retail - Building material and garden equipment and supplies stores $0.00 $291,364.82 $46,126.48 $337,491.29
uf
le
ne
le
le
a
ou
ite
t
hi
ur
7
an
on
st
ho
ho
ho
w
im
2
cc
41
rc
ns
on
47
-O
-W
-W
-W
-M
-M
-A
-A
20 422 - Warehousing and storage $0.00 $284,157.54 $49,832.21 $333,989.75
-L
-I
-C
9
1
1
44
14
51
39
39
44
51
45
45
40
44
21 509 - Full-service restaurants $0.00 $127,621.12 $187,904.76 $315,525.88
Industry Display 22 533 - Local government electric utilities $0.00 $203,471.33 $104,421.61 $307,892.94
23 453 - Commercial and industrial machinery and equipment rental and leasing $0.00 $264,362.61 $12,235.47 $276,598.08
1 - Direct 2 - Indirect 3 - Induced Row Total
24 412 - Retail - Miscellaneous store retailers
Total $0.00 $12,601,088.48
$65,204,736.35 $218,350.50 $7,752,683.51
$54,381.03 $85,558,508.34
$272,731.53
n
o…
u…
l…
…
a…
h…
…
ri…
f…
…
…
tio
ic
in
ab
st
na
ho
an
(m
rv
st
ld
s,
er
va
an
le
ol
ur
io
du
od
se
ho
m
ne
sa
ou
er
e
eh
h
rd
go
w
se
gn
c
es
le
gi
ne
s
i
fe
ar
ho
ne
ou
ho
d
en
re
ou
pr
si
th
g
ro
lla
an
se
tin
tu
-W
of
-O
-H
d
-P
,
ce
al
re
re
ed
ni
oo
al
or
n
ed
ur
is
tu
ur
ci
le
le
le
le
io
Sp
er
-W
M
tin
19 445 Insurance agencies, brokerages, and related activities $297,704,434.82 $427,050.37 .14%
ct
er
ac
iz
sa
sa
sa
sa
ct
-F
st
al
te
l-
l-
ru
m
uf
ke
le
le
le
le
ol
3
l
ci
hi
ai
ai
ai
om
13
an
st
ho
ho
ho
ho
ph
ar
pe
et
et
on
-W
-W
-W
-W
-M
-M
-U
-A
-C
-R
-R
-R
-S
-C
21 456 Accounting, tax preparation, bookkeeping, and payroll services $275,867,899.75 $388,639.07 .14%
1
0
14
51
39
46
45
40
41
39
39
45
36
40
45
41
FILTERS Run ID is 53032 Dollar Year is 2020 Model Year is any value Analysis ID is any value Region is any value Impact is any value Group Name is any value Event Name is any value
…
9 457 - Architectural, engineering, and related services $0.00 $145,716.90 $4,130.48 $149,847.37
h…
n…
…
…
…
an
er
ic
th
x
rt
e
ys
d
ts
ta
of
-O
po
l,
g
re
ph
10 456 - Accounting, tax preparation, bookkeeping, and payroll services $0.00 $108,167.01 $19,843.81 $128,010.82
ra
in
en
g,
n
ns
tu
tu
io
in
of
m
ls
ou
al
ac
a
ct
nt
ta
tr
oy
s
te
11 395 - Wholesale - Machinery, equipment, and supplies $0.00 $123,471.72 $2,190.63 $125,662.34
s
ru
eh
uf
le
ou
ce
pi
ck
hi
pl
an
st
ho
ar
os
cc
rc
ru
m
on
-W
-W
-M
-A
-A
-E
-T
-C
6
brokers
14
51
49
41
39
48
47
42
45
45
Industry Display 405 - Retail - Building material and garden equipment and supplies
13 $0.00 $98,873.54 $15,652.84 $114,526.38
stores
1 - Direct 2 - Indirect 3 - Induced Row Total 14 510 - Limited-service restaurants $0.00 $29,655.00 $81,736.84 $111,391.83
Total $9,454,665.57 $2,906,053.90 $2,104,521.38 $14,465,240.85
15 509 - Full-service restaurants $0.00 $44,221.69 $65,110.43 $109,332.12
h…
n…
…
…
p…
e
ild
at
vi
la
x
rt
se
d
le
re
ta
bu
of
st
el
9 512 - Automotive repair and maintenance, except car washes $0.00 $11,942.45 $20,629.80 $32,572.25
po
re
re
te
le
c
g,
n
e
ns
to
is
tu
io
iv
g
in
d
ea
M
tin
ac
a
an
ot
ct
ce
rr
l-
ru
om
uf
ke
ou
io
ck
ai
vi
e
an
st
ar
ad
th
cc
ut
er
ru
et
-M
-M
-O
-A
-A
-R
-R
-T
-S
-C
12 516 - Personal and household goods repair and maintenance $0.00 $14,047.96 $12,338.18 $26,386.14
51
44
41
46
45
41
47
43
14
51
d…
h…
…
…
n…
…
a…
supplies stores
th
th
la
et
al
g
ie
d
in
-M
of
-O
-O
el
er
-P
up
re
ild
c
n
en
8 395 - Wholesale - Machinery, equipment, and supplies $0.00 $69,567.51 $1,234.26 $70,801.77
is
tu
c
e
e
io
Bu
oc
M
al
al
al
al
G
ac
ct
r-
s
s
l-
l-
l-
ru
uf
le
le
le
le
ne
ai
ai
an
ho
ho
st
ho
ho
w
et
et
et
on
-W
-W
-W
-W
-M
-O
-R
-R
-R
1
14
39
39
44
51
40
40
39
41
41
11 402 - Retail - Motor vehicle and parts dealers $0.00 $22,838.74 $17,856.73 $40,695.47
Industry Display
12 447 - Other real estate $0.00 $30,877.77 $7,742.55 $38,620.32
1 - Direct 2 - Indirect 3 - Induced Row Total 393 - Wholesale - Professional and commercial equipment
13 $0.00 $34,935.78 $2,736.77 $37,672.55
Total and supplies $698,215.02 $986,351.21 $563,816.40 $2,248,382.63
$4,000,000.00 Industry Display Other Property Other Property Other Property Other Property
Income Income Income Income
Impact Other Property Income
1 141 - Manufactured home (mobile home) manufacturing $4,529,332.56 $49.02 $0.00 $4,529,381.58
2 51 - Construction of new manufacturing structures $1,531,172.69 $0.00 $0.00 $1,531,172.69
3 449 - Owner-occupied dwellings $0.00 $0.00 $948,481.76 $948,481.76
$2,000,000.00
4 447 - Other real estate $0.00 $243,863.62 $61,148.37 $305,011.99
5 448 - Tenant-occupied housing $0.00 $0.00 $174,229.78 $174,229.78
6 441 - Monetary authorities and depository credit intermediation $0.00 $83,496.44 $63,156.54 $146,652.98
7 472 - Employment services $0.00 $81,748.58 $20,887.82 $102,636.41
$0.00 8 396 - Wholesale - Other durable goods merchant wholesalers $0.00 $95,604.59 $2,238.31 $97,842.90
d…
o…
e…
n…
…
e
…
er
th
at
th
nm
d
ts
of
-O
st
leasing
up
up
re
au
al
le
en
n
er
cc
tu
ci
e
io
y
oc
ea
ov
al
t-o
er
ac
ar
ct
s
rr
lg
ru
m
et
uf
le
an
ne
pl
e
om
a
an
on
st
ho
th
en
oc
w
11 395 - Wholesale - Machinery, equipment, and supplies $0.00 $77,085.26 $1,367.64 $78,452.91
on
-W
-M
-M
-O
-O
-C
-E
-T
-L
-C
1
12 456 - Accounting, tax preparation, bookkeeping, and payroll services $0.00 $59,532.87 $10,921.62 $70,454.49
14
51
44
44
44
44
47
39
45
53
Industry Display 13 434 - Wireless telecommunications carriers (except satellite) $0.00 $38,632.91 $20,637.18 $59,270.09
14 490 - Hospitals $0.00 $0.00 $55,286.30 $55,286.30
1 - Direct 2 - Indirect 3 - Induced Row Total
15 455 - Legal services $0.00 $39,224.23 $10,819.63 $50,043.87
Total $6,060,505.25 $1,296,556.67 $1,670,735.70 $9,027,797.62
405 Retail Building material and garden equipment and supplies
FILTERS Run ID is 53032 Analysis ID is any value Dollar Year is 2020 Impact is any value Region is any value Group Name is any value Event Name is any value
Total $1,672,865.30 $116,955.05 $276,534.96 $(567.79) $(7,900.65) $(3,838.95) $11,290.78 $80,128.76 $209,011.26 $382,259.28 $257,665.38 $525,097.04 $200,551.93 $3,720,052.35
FILTERS Run ID is 53061 Dollar Year is 2020 Model Year is any value Analysis ID is any value Region is any value Impact is any value Group Name is any value Event Name is any value
Total 340.98 $8,956,056.41 $16,905,595.44 $63,880,173.90 Total $997,182.62 $32,828.67 $1,644,351.34 $1,016,196.03 $212,953.42 $3,903,512.09
Top 5 Employment Industries Top 5 Output Industries Top 5 Value Added Industries
$50,000,000.00
Impact Output
150.00 $30,000,000.00
$5,000,000.00
$20,000,000.00
100.00
$2,500,000.00
$10,000,000.00
50.00
$0.00 $0.00
0.00 141 - 396 - 447 - Other 449 - Owner- 417 - Truck 141 - 449 - Owner- 396 - 447 - Other 417 - Truck
141 - 396 - 447 - Other 412 - Retail - 417 - Truck Manufactured Wholesale - real estate occupied transportation Manufactured occupied Wholesale - real estate transportation
Manufactured Wholesale - real estate Miscellaneous transportation home Other dwellings home dwellings Other
home (mobile Other durable store retailers (mobile durable (mobile durable
home) goods home) goods home) goods
manufacturing merchant manufacturing merchant manufacturing merchant
wholesalers wholesalers wholesalers
Industry Display Industry Display Industry Display
1 - Direct 2 - Indirect 3 - Induced Row Total 1 - Direct 2 - Indirect 3 - Induced Row Total 1 - Direct 2 - Indirect 3 - Induced Total Value Added
$0.00 9 367 Nonupholstered wood household furniture manufacturing $36,411,616.68 $62,542.96 .17%
10 401 Wholesale - Wholesale electronic markets and agents and brokers $36,680,691.97 $60,086.88 .16%
f…
…
d…
i…
h…
t…
…
…
h…
…
r…
ou
si
th
on
ro
lla
ho
se
,e
va
re
tin
tu
de
d
-W
-O
-H
11 410 Retail - Sporting goods, hobby, musical instrument and book stores $63,018,336.67 $101,371.57 .16%
-P
ce
tr
al
er
re
re
te
d
ni
or
ec
ed
ur
re
is
tu
es
ls
ur
le
le
le
le
g
Sp
-M
ho
El
tin
ct
e
ac
liz
sa
sa
sa
sa
F
pr
te
-
l-
l-
up
a
uf
ke
le
le
le
le
ol
d
l
ci
hi
ai
ai
ai
ai
an
ho
oo
ho
ho
ho
ph
on
ar
pe
rc
et
et
et
et
-W
-W
-W
-W
-M
-M
-N
-U
-A
-R
-R
-R
-R
-S
1
39
46
40
13
41
39
36
36
40
41
45
45
40
39
15 394 Wholesale - Household appliances and electrical and electronic goods $165,260,733.43 $223,293.41 .14%
Industry Total Output Impact Output
16 473 Business support services $45,450,102.49 $59,385.70 .13%
17 445 Insurance agencies brokerages and related activities $297 704 434 82 $387 910 49 13%
Generated on May 6, 2020 at 6:05pm EDT