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Economic Impact

Economic Impact 1996-2008 (in millions)

The impact from private investment and ports operating in the Tenn-Tom Waterway region
StateDirectIndirectInducedTotal
Alabama$15,217.1$550.3$718.8$16,486.2
Kentucky$887.2$163.1$559.1$1,609.4
Mississippi$6,854.7$1,333.0$1,276.6$9.464.3
Tennessee$2,361.6$38.1$47.1$2,446.8
Regional$25,320.5$2,093.3$2,641.1$30,054.9
United States$25,320.5$5,822.6$11,380.6$42,523.7

Employment Impact 1996-2008

The number of jobs that were directly or indirectly created based on industry-to-industry transactions, as well as the number of jobs that were created based on employee spending in the local economy.
StateDirectIndirectInducedTotal
Alabama8,3843,8797,56719,830
Kentucky8,0461,2015,85015,097
Mississippi12,1457,85813,44033,443
Tennessee5072714931,271
Regional29,19113,29227,80670,289
United States29,19129,00179,471137,663

Labor Income Impact 1996-2008 (in millions)

The direct payroll expenditure within the Tenn-Tom region creates industry-to-industry transactions and induced impact from employee spending as shown in this table.
StateDirectIndirectInducedTotal
Alabama$481.1$166.6$223.3$871.0
Kentucky$297.6$55.9$172.3$525.8
Mississippi$829.3$357.6$396.7$1,583.6
Tennessee$41.8$11.7$14.5$68.0
Regional$1,649.8$594.8$820.7$3,065.3
United States$1,749.9$1,705.8$3,554.3$7,000.0

Tax Revenue Generated 1996-2008 (in millions)

Tax revenues generated by Waterway investments and opportunities have provided state and federal governments with nearly $2.9 billion since 1996, as shown in this table.
StateFederal Tax RevenueState Tax RevenueTotal Tax Revenue
Alabama$176.9$101.6$278.5
Kentucky$100.3$55.9$156.2
Mississippi$372.9$285.3$658.2
Tennessee$13.8$8.9$22.7
Regional$667.6$454.1$1,121.7
United States$1,737.5$1,130.0$2,867.5