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Houston Airports generate $27 billion
for regional economy


Report Highlights Economic Impact of Bush, Hobby and Ellington


October 3, 2011





  © Houston Airport System
  The three airports that make up the Houston Airport System contribute $27 billion annually to the regional economy.
 
Pumping $27 billion into the Houston economy, the Houston Airport System remains a key driver in the economy of the Houston region, according to an economic impact study released today.

Last year, the Houston Airport System was directly responsible for more than 230,000 jobs that generated $8.7 billion in employment earnings.

“According to recent numbers from the U.S. Bureau of Labor Statistics, Houston is number one in the nation when it comes to job creation,” said Mayor Annise Parker. “The Houston Airport System is one of the reasons Houston holds the top spot. Our airports and all of the related support industries will continue to be catalysts for growth in the region.” 

George Bush Intercontinental Airport (IAH) accounted for more than 80 percent of the HAS impact, resulting in almost 170,000 jobs and total earnings impact exceeding $6.7 billion.  William P. Hobby (HOU) was responsible for more than 51,000 jobs, with total earnings impact of $1.7 billion.  Ellington Airport (EFD) supported more than 10,000 jobs in the regional economy with total earnings impact of more than $300 million.

“As the results indicate, our diverse system of airports remain a driving force in Houston’s regional economy and will provide a solid foundation for future economic growth and prosperity,” said Houston Airport System Director Mario Diaz. “The Houston Airport System is poised to sustain, lead and diversify the regional economy, and is well positioned to emerge as a global gateway, connecting Houston to worldwide markets and destinations.”

The methodology used to measure the economic impact of Houston’s airports follows guidelines set forth by the Federal Aviation Administration (FAA). Economic impacts for all airports were classified into four categories: direct, indirect, induced and total.

Direct impacts are those used in the production of passenger, cargo, government and private air transportation services, while indirect impacts come from spending in the local economy by air visitors. Induced impacts come from the spending and re-spending by recipients of income due to the direct and indirect impacts.

To obtain a summary of the report, Click Here.
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