31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
Community Research and Analysis, TN Basic Economic Development Course 2013
1.
2.
3. Why Do You Need Research
Knowledge = Power
• Understand the Local/Regional Economy
• Prepare to Work with Prospects
• Identify Economic Targets & Opportunities
• Basis for All Successful Strategic Plans
• Basis for All Effective ED Marketing
4. What You Need to Know
The Basics
• IEDC Standard Data Set
http://www.iedconline.org/web-pages/resources-publications/site-
selection-data-standards/
• Demographics
• Economic Base/ Existing Industry
• Workforce Size, Cost & Capabilities
• Education & Training
5. What You Need To Know
Demographics
• Claritas
• ESRI
• US Census
• City/County Quick Demographic Overview (Population, Race, Housing,
Education Level, Home Values) http://quickfacts.census.gov/gfd/
• County Profiles
• Tennessee Advisory Commission on Intergovernmental Relations (TACIR)
Most common demographic data, but also has some educational data, vital
statistics & state rankings http://www.state.tn.us/tacir/county_profiles.html
• Population Projections
• http://www.state.tn.us/tacir/population.html
6. What You Need To Know
Business & Industrial Base
Target Industry Analysis
• Private Sources
• Harris/ Dunn & Bradstreet
• InfoUSA
• US Department of Commerce
• County Business Patterns Report
• Local Employment Dynamics
• Annual Survey of Manufacturers
• Building Permits
• Many Other Reports
http://www.census.gov/econ/www/index.html
• Local Utility Provider
7. What You Need To Know
Education
• Education Statistics- Tennessee Primary & Secondary
Schools Department of Education
http://www.tennessee.gov/education/reports_data.shtml
• Higher Education Data & Statistics U.S. Department of
Education http://nces.ed.gov/collegenavigator/
• National Education Statistics (Secondary, Post
Secondary & Libraries) U.S. Department of Education
http://nces.ed.gov/
• Campus Visits & Interviews
8. What You Need To Know
Workforce- The Number One Cost of Doing Business
• Tennessee Department of Labor and Workforce
Development http://www.tn.gov/labor-wfd/lmi.shtml
• U.S. Bureau of Labor Statistics http://www.bls.gov/
• Custom Research
9. An Excellent Source for Workforce Data
The Source: TN Department of Labor and
Workforce Development
http://www.state.tn.us/labor-wfd/lmi.htm
Data Available:
• Quarterly Census of Employment and Wages (Distribution of
Labor and Annual Average Wages)
• Annual Labor Force Estimates Summary
• Unemployment Rates
• Current Labor Force Estimates
• TN Employment Forecast
• Wages of Selected Occupations for State and Sub-Regions of
the State
• Future Trends in Occupations and Industries- Hot Jobs
10. Quarterly Census of Employment Wages-
Annual Average
Industry
Avg. # of
Reporting Units
Avg. Annual
Employment
Avg. Annual Wage
Total All Industries 2,324 54,040 $ 33,764
Total All Industries,
Federal Government
25 522 $55,286
Total All Industries,
State Government
8 953 $34,289
Total All Industries,
Local Government
17 8,761 $34,675
Total All Industries,
Private Ownership
2,274 43,804 $33,313
Goods Producing 376 13,249 $41,585
Natural Resources
and Mining
17 92 $31,290
Crop Production 4 29 $25,574
11. Quarterly Census of Employment Wages-
Annual Average
Industry
Avg. # of
Reporting Units
Avg. Annual
Employment
Avg. Annual Wage
Forestry and Logging 6 22 $22,393
Agriculture 3 16 $27,318
Construction 235 3,099 $37,025
Construction of
Buildings
81 887 $38,450
Heavy and Civil
Engineering
Construction
17 519 $46,55
Specialty Trade
Contractors
137 1,693 $33,359
Manufacturing 125 10,058 $43,083
Food Manufacturing 8 1,623 $47,163
Wood Product
Manufacturing
10 593 $33,180
Paper Manufacturing 7 677 $40,366
12. And Lots of Other Useful Data
The Source: Tennessee Department of Labor and
Workforce Development
http://www.state.tn.us/labor-wfd/lmi.htm
Data Available:
• Census Demographic Profiles
• Job Search Information
• Consumer Price Index- Current
• Consumer Price Index- Historical
• Per Capita Personal Income Data
13. Tennessee Metropolitan Statistical Areas
with 2013 Definition Updates
Chattanooga, TN-GA (Hamilton, Marion, Sequatchie, Catoosa GA, Dade GA, Walker GA)
Clarksville, TN-KY (Montgomery, Stewart, Christian KY, Trigg KY)
Cleveland, TN (Bradley, Polk)
Jackson, TN (Chester, Crockett, Madison)
Johnson City, TN (Carter, Unicoi, Washington)
Kingsport-Bristol-Bristol (Tri-Cities), TN-VA (Hawkins, Sullivan, Scott VA, Washington
VA, Bristol City VA)
Knoxville, TN (Anderson, Blount, Campbell, Grainger, Knox, Loudon, Morgan, Roane, Union)
Memphis, TN-MS-AR (Fayette, Shelby, Tipton, Crittenden AR, Benton MS, DeSoto
MS, Marshall MS, Tate MS, Tunica MS)
Morristown, TN (Grainger, Hamblen, Jefferson)
Nashville-Davidson-Murfreesboro, TN
(Cannon, Cheatham, Davidson, Dickson, Hickman, Macon, Robertson, Rutherford, Smith, Su
mner, Trousdale, Williamson, Wilson)
RED indicates the county has been removed from the MSA
Green Indicates the county has been added to the MSA
15. What You Need to Know for
Retail and Consumer Driven Development
• Average Daily Traffic Counts-TN
• Tennessee Dept. of Transportation
http://www.tdot.state.tn.us/projectplanning/adt.asp
• Building Permits
• U.S. Census Bureau (city or county must report)
http://censtats.census.gov/bldg/bldgprmt.shtml
• Retail Sales, Sales Tax Collections by County
• Tennessee Department of Revenue
http://www.tn.gov/revenue/statistics/index.shtml
16. Retail Sales Estimated
Inleakage/Outleakage Report
Rank County
2011 Total
Personal Income
2011 Total
Retail Sales
Sales to
Income
Ratio
In-Leakage or
Out-Leakage*
1 Sevier, TN 2,932,819,000 2,013,717,344 0.687 $ 608,820,415
2 Rutherford, TN 8,714,005,000 5,979,560,363 0.686 $ 1,805,365,620
3 Hamblen, TN 1,894,032,000 1,263,615,633 0.667 $ 357,449,154
4 Putnam, TN 2,288,083,000 1,351,063,918 0.590 $ 278,589,627
5 Madison, TN 3,469,897,000 2,044,495,429 0.589 $ 418,980,278
6 Lewis, TN 295,590,000 170,900,927 0.578 $ 33,136,062
7 Knox, TN 16,994,073,000 8,661,782,921 0.510 $ 1,086,326,038
8 Davidson, TN 30,069,470,000 14,328,356,384 0.477 $ 1,321,505,514
9 Henry, TN 990,912,000 470,865,196 0.475 $ 42,804,144
10 Cumberland, TN 1,691,634,000 802,269,993 0.474 $ 72,187,507
*Based on State of TN Sales to Income Ratio
17. Retail Sales Potential Report
Demand Supply Opportunity
Retail Stores
(Consumer
Expenditures) (Retail Sales) Gap/Surplus
Total Retail Sales 207,362,710 267,338,684 (59,975,974)
Motor Vehicle and Parts Dealers 43,586,764 58,174,162 (14,587,398)
Automotive Dealers 37,821,101 48,261,332 (10,440,231)
Automotive Parts/Accsrs, Tire Stores 3,178,144 8,408,157 (5,230,013)
Furniture and Home Furnishings Stores 4,253,052 12,649,840 (8,396,788)
Furniture Stores 2,454,059 11,267,556 (8,813,497)
Home Furnishing Stores 1,798,994 1,382,284 416,710
Food and Beverage Stores 27,310,670 13,911,063 13,399,607
Grocery Stores 25,176,187 8,045,949 17,130,238
Supermarkets, Grocery Stores 23,989,581 6,914,163 17,075,418
Convenience Stores 1,186,606 1,131,786 54,820
Building Material, Garden Equip Stores 19,062,704 42,893,727 (23,831,023)
Building Material and Supply Dealers 17,544,897 37,104,869 (19,559,972)
Home Centers 6,872,039 13,869,003 (6,996,964)
General Merchandise Stores 25,992,414 28,460,934 (2,468,520)
Dept. Stores (Excl Leased Depts) 12,213,021 632,341 11,580,680
Other General Merchandise Stores 13,779,393 27,828,592 (14,049,199)
19. Economic Impact Analysis
Annual Impact of Operations
Employment, Direct (full-time equivalent) 204
Wages & Benefits, Direct $8,210,125
Employment Multiplier 2.3441
Total Employment 478
Employment, Indirect 274
Angel County Annual Average Wage $41,317
Wages, Indirect $11,328,973
Total Wages $19,539,098
Sales Tax Revenue $ 220,254
Other Tax Revenue $64,094
Residential/Commercial Property Tax Revenue $243,158
Total Tax Revenue $527,506
20. Economic Impact and Cost/Benefit Analysis
One Time Expansion Impact
Total Capital Investment $14,527,900
Building- Real Property $12,420,300
Economic Impact Multiplier 1.5936
Economic Impact $19,792,990
Equipment Purchase/Set-Up $2,107,600
Economic Impact Multiplier 1.7410
Economic Impact $3,669,332
Total Economic Impact $23,462,322
Sales Tax Revenue $100,713
Other Tax Revenue $29,308
Total Tax Revenue $103,021
21. Tax Schedule
Angel Co Tax Rate:
$2.59
Full Taxes
% of Taxes Paid
In Lieu
Payment in
Lieu
Taxes Abated
Real Property $12,420,300
Year 1 $128,674 0% - $128,674
Year 2 $128,674 0% - $128,674
Year 3 $128,674 0% - $128,674
Year 4 $128,674 0% - $128,674
Year 5 $128,674 0% - $128,674
Year 6 $128,674 10% $12,867 $115,807
Year 7 $128,674 25% $32,169 $96,506
Year 8 $128,674 50% $64,337 $64,337
Year 9 $128,674 75% $96,506 $32,169
Year 10 $128,674 100% $128,674 $-
Total $1,286,743 $ 334,553 $952,190
22. Tax Schedule
Good Town
Tax Rate: $0.57
Full Taxes
% of Taxes Paid
In Lieu
Payment in
Lieu
Taxes Abated
Real Property $12,420,300
Year 1 $28,318 0% - $28,318
Year 2 $28,318 0% - $28,318
Year 3 $28,318 0% - $28,318
Year 4 $28,318 0% - $28,318
Year 5 $28,318 0% - $28,318
Year 6 $28,318 10% $2,832 $25,486
Year 7 $28,318 25% $7,080 $21,239
Year 8 $28,318 50% $14,159 $14,159
Year 9 $28,318 75% $21,239 $7,080
Year 10 $28,318 100% $28,318 $-
Total $283,183 $73,928 $209,555
23. Tax Schedule
Good Town Tax
Rate: $0.57
Full Taxes Depreciation
% of
Taxes
Paid
Payment in
Lieu
Taxes Abated
Mfg Equip/
Personal Property
$2,107,800
Year 1 $3,172 .88 0% - $3,172
Year 2 $2,703 .75 0% - $2,703
Year 3 $2,271 .63 0% - $2,271
Year 4 $1,802 .50 0% - $1,802
Year 5 $1,370 .38 0% - $1,370
Year 6 $901 .25 10% $90 $811
Year 7 $721 .20 25% $180 $541
Year 8 $721 .20 50% $360 $360
Year 9 $721 .20 75% $541 $180
Year 10 $721 .20 100% $721 $-
Total $15,101 $1,892 $13,209
24. Tax Schedule
Angel Co.
Tax Rate: $2.59
Full Taxes Depreciation
% of Taxes
Paid
Payment in
Lieu
Taxes Abated
Mfg Equip/
Personal Property
$2,107,600
Year 1 $14,411 .88 0% - $14,411
Year 2 $12,282 .75 0% - $12,282
Year 3 $10,317 .63 0% - $10,317
Year 4 $8,188 .50 0% - $8,188
Year 5 $6,223 .38 0% - $6,223
Year 6 $4,094 .25 10% $409 $3,685
Year 7 $3,275 .20 25% $819 $2,456
Year 8 $3,275 .20 50% $1,638 $1,638
Year 9 $3.375 .20 75% $2,456 $819
Year 10 $3,275 .20 100% $3,275 $-
Total $68,616 $8,597 $60,018
25. Economic Impact and Benefit/Cost Analysis
Payback Summary
Length of PILOT 10 years
Total Taxes Forgone $1,234,972
Total Hard Costs $0
Tax Revenues From Construction & Equipment $130,021
Tax Revenues From Operations During PILOT Period $5,275,063
Payments Received in Lieu of Tax $418,670
Total Tax Revenues Received During PILOT Period $5,823,754
Benefit/Cost Ratio 4.72
26. Consumer Spending
Expenditure Category % of Total Expenditures
Wages Earned by
New Jobs Created
(Direct & Indirect)
Income before Taxes $19,539,098
Annual Taxes & Savings 22% $4,295596
Annual Expenditures $15,243,502
Food/Groceries 7.6% $1,159,864
Restaurants 5.4% $820,668
Housing/Shelter 18.6% $2,840,185
Utilities 8.2% $1,246,496
Housekeeping Supplies/Services 3.6% $545,093
Household Furnishings/Equipment 3.2% $494,800
Apparel 3.9% $595,093
27. Consumer Spending
Expenditure Category
% of Total
Expenditures
Wages Earned by
New Jobs Created
Transportation 16.2% $2,465,669
Healthcare 6.6% $1,009,592
Entertainment 5.4% $822,001
Personal Care Products/Services 1.3% $197,587
Reading 0.2% $28,322
Education 1.8% $273,223
Tobacco & Alcohol 1.7% $253,897
Charity 3.7 % $563,772
Personal Insurance 11 % $1,670,991
Miscellaneous 1.7% $255,897
Total 100% $15,243,502