Economic Impact

people in a business meeting

SMM Economic Impact Measured

When applicable, the community economic impact of each SMM is independently measured by the collection of employment data inputs based on Bureau of Economic Analysis Regional Economic Accounts (BEA REA), Bureau of Labor Statistics Census of Employment and Wages (BLS CEW) models to determine Output (employee compensation, proprietary income, etc.); Value Added (contribution to GPD); Labor Income (employee compensation, etc.); and, employment (full time/part-time jobs) that result from SMM operations.