What Kind of Economic Impact Could a Multi-Sport Facility Bring to our Local Economy?
According to a study commissioned by ECONorwest in 2015, a multi-sport facility like what is being proposed could generate over $1.1M annually in local spending and labor income.
In 2015 ECONorthwest performed a comprehensive analysis on the economic impact that Hermiston School District brought to their community by hosting district events on their campuses. Among their findings, the report specifically analyzed the economic driver the district’s recently-unveiled Kennison Stadium played as it evaluated outside events hosted at the facility during the 2013-14 school year.
According to their report, visitors to the Hermiston area spent an average of $60.48 per day ($79.24 per day in current values adjusted for inflation).
| Commodity |
Average |
|
Accommodations
|
$16.40 |
| Food Service |
$20.83 |
| Food Stores |
$7.761 |
| Local Transportation and Gas |
$10.62 |
| Arts, Entertainment and Recreation |
$13.98 |
| Retail Sales |
$9.80 |
| Total |
$79.24 |
During the 2013-14 school year, the Kennison Stadium Complex hosted 20 outside events which included an estimated 1,618 participants and 7,780 spectators for a total of 9,398 attendee days, generating approximately three quarters of a million dollars in preliminary goods and service purchased at local community businesses.
According to the report, “The initial visitor spending leads to further economic activity as these dollars circulate within Umatilla County. This leads to what economists call the “multiplier effect.” Hermiston businesses and households re‑spend a portion of the income from the initial stimulus at other nearby businesses. This effect continues many times, causing the dollars to “multiply” within the local economy.”
| Spending Round |
Output |
Labor Income |
Jobs |
| First |
$744,697 |
$187,972 |
8 |
| Subsequent |
$195,008 |
$63,475 |
2 |
| Total |
$939,705 |
$251,447 |
10 |
Based on their data and calculations, the total economic impact resulting from visitor spending attributable to outside events hosted at Kennison Stadium in 2013-14 was estimated to be $1.1M in today’s dollars.