The Economic Impact of the Grady County Fairgrounds on the Economy of Grady County, OK

advertisement
The Economic Impact of the Grady County Fairgrounds
on the Economy of Grady County, Oklahoma
Gerald A. Doeksen – Extension Economist, OSU, Stillwater
Jeanne Hutchins – Extension Associate, OSU, Stillwater
Cheryl St. Clair – Extension Associate, OSU, Stillwater
Stan Ralstin – Area Rural Development Specialist,
N.W. District Office, Enid
Ron G. Justice – Grady County Extension Director, Chickasha
RURAL DEVELOPMENT
OKLAHOMA COOPERATIVE EXTENSION SERVICE
OKLAHOMA STATE UNIVERSITY
APRIL 1996
Objectives of this report:
• Provide basic economic data for Grady
County;
• Review concepts of community economics
and multipliers; and
• Estimate the direct and secondary impacts
of current fairgrounds activities.
Table 1
Population Estimates by Community for Grady County, Oklahoma,
1980, 1990, and 1994
Alex
Amber
Blanchard (pt.)
Bradley
Chickasha
Minco
Ninnekah
Norge
Rush Springs
Tuttle
Verden
Remainder of
County
Total
1980
769
416
30
284
15,828
1,489
1,085
87
1,451
3,051
625
1990
639
418
6
166
14,988
1,411
1,016
97
1,229
2,807
546
1994
Estimate
656
469
6
161
15,156
1,401
1,067
102
1,231
2,869
586
14,375
39,490
18,424
41,747
19,351
43,055
Percent
Change
+2.62
+12.11
-5.43
-3.04
+1.12
-0.74
+4.97
+5.24
+0.19
+2.21
+7.31
+5.04
+3.13
Table 2
Population Estimates by Age and Sex for
Grady County, Oklahoma, 1990
Age (years)
0-4
5-9
10-14
15-19
20-24
25-29
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80-75
85+
Total
Male
1,524
1,752
1,790
1,573
1,159
1,431
1,658
1,540
1,376
1,238
1,039
933
810
738
567
471
301
187
20,087
Female
1,445
1,712
1,690
1,546
1,236
1,675
1,743
1,624
1,407
1,270
1,079
938
901
859
773
742
534
486
21,660
Table 3
Labor Force Data for Grady County 1989-95
January 1989
June 1989
January 1990
June 1990
January 1991
June 1991
January 1992
June 1992
January 1993
June 1993
January 1994
June 1994*
January 1995
June 1995*
December 1995*
Employment
15,810
15,460
17,740
18,360
16,830
16,610
16,940
17,610
17,280
18,310
18,000
17,980
18,010
18,240
18,560
Unemployment
1,630
1,580
1,480
1,220
1,760
1,560
1,370
1,130
1,190
1,390
1,260
1,210
1,230
1,040
1,070
Labor
Force
17,440
17,040
19,220
19,580
18,590
18,170
18,310
18,740
18,470
19,700
19,260
19,190
19,240
19,280
19,630
Unemployment
Rate
9.3
9.3
7.7
6.2
9.5
8.6
7.5
6.0
6.4
7.1
6.5
6.3
6.4
5.4
5.4
Table 4
Employment by Major Sector for Grady County, 1988-1993
Grady County
Total Employment
By Type:
Wage and salary
Proprietors
Farm
Nonfarm
By Industry
Farm
Nonfarm
Private
Ag svc, for, fish, other
Mining
Construction
Manufacturing
Transportation
Wholesale trade
Retail trade
Fin, ins, real estate
Services
Government
Fed, civilian
Military
State and local
1988
16,534
1989
16,318
1990
17,141
1991
16,821
1992
17,246
1993
17,677
11,589
4,945
1,537
3,408
11,362
4,956
1,547
3,409
12,009
5,132
1,544
3,588
11,533
5,288
1,527
3,761
11,945
5,301
1,555
3,746
12,339
5,338
1,555
3,783
1,788
14,746
12,130
224
762
706
2,336
531
544
3,081
786
3,160
2,616
130
260
2,226
1,777
14,541
11,912
217
671
721
2,183
538
575
3,025
776
3,206
2,629
128
257
2,244
1,790
15,351
12,647
249
676
693
2,204
598
578
3,375
748
3,526
2,704
124
254
2,326
1,762
15,059
12,277
335
702
714
2,374
553
554
2,653
724
3,668
2,782
124
249
2,409
1,805
15,441
12,657
325
608
723
2,639
524
582
2,838
690
3,728
2,784
124
248
2,409
1,821
15,856
13,063
335
614
746
2,837
580
568
2,840
703
3,840
2,793
123
223
2,447
Table 5
Personal Income by Major Source
for Grady County, 1988-1993
Grady County
Income by Place of Residence
TPI ($000)
Nonfarm income
Farm income
Population (thousands)
Derivation of TPI
Per cap personal inc ($)
Earnings place of work
Less: Pers cont for soc insur
Plus: Adj for residence
Equals: Net earn by place of res
Plus: Dividends, int, rent
Plus: Transfer pymts
Earnings by Place of Work
Components of Earnings
Wages/salaries
Other labor income
Proprietors income
Farm
Nonfarm
1988
1989
1990
1991
1992
1993
471,723
462,661
9,062
42
496,856
483,158
13,698
42
517,679
509,010
8,669
42
534,567
526,864
7,703
42
571,325
557,443
13,882
42
599,472
582,589
16,883
43
11,113
228,097
15,746
85,365
297,986
82,464
91,273
11,834
236,433
16,961
92,172
311,644
88,116
97,096
12,421
245,280
18,092
96,135
323,323
88,320
106,036
12,789
254,123
18,955
101,097
336,265
82,018
116,284
13,599
278,175
20,052
105,494
363,617
78,661
129,047
14,073
298,007
21,628
108,232
384,611
79,450
135,411
175,437
18,769
33,891
6,773
27,118
175,767
19,180
41,486
11,252
30,234
187,901
20,672
36,707
5,857
30,850
193,921
23,840
36,362
4,958
31,404
205,729
27,545
44,901
11,292
33,609
217,267
29,675
51,065
14,049
37,016
Table 5 (Continued)
Personal Income by Major Source
for Grady County, 1988-1993
Grady County
Earnings By Industry
Farm
Nonfarm
Private
Ag svc, for, fish, othr
Mining
Construction
Manufacturing
Nondurable goods
Durable goods
Transportation
Wholesale trade
Retail trade
Fin, ins, real estate
Services
Government
Fed, civilian
Military
State and local
1988
1989
1990
1991
1992
1993
9,062
219,035
175,198
1,198
9,720
10,406
50,546
8,886
41,660
11,772
11,620
33,633
9,554
36,749
43,837
3,359
1,533
38,945
13,698
222,735
176,708
1,234
6,331
11,222
49,968
8,606
41,362
10,105
12,008
34,515
9,488
41,837
46,027
3,497
1,571
40,959
8,669
236,611
187,618
1,418
6,572
11,115
50,242
8,723
41,519
10,883
12,539
38,292
9,474
47,083
48,993
3,672
1,641
43,680
7,703
246,420
194,197
1,800
7,691
11,124
59,427
14,609
44,818
11,413
13,072
30,127
9,540
50,003
52,223
3,821
1,653
46,749
13,882
264,293
209,400
1,730
6,836
11,173
69,315
16,475
52,840
11,749
13,132
32,866
9,681
52,918
54,893
4,069
1,721
49,103
16,883
281,124
223,176
1,902
7,212
11,666
76,047
17,011
59,036
12,616
13,166
34,262
10,281
56,024
57,948
4,249
1,602
52,097
Table 6
Sales Tax Collections
for the City of Chickasha, 1988-1995
Year
FY 1988
Collections
$3,148,947.54
FY 1989
FY 1990
FY 1991
3,187,000.38
3,238,533.07
3,475,812.00
FY 1992
FY 1993
FY 1994
3,634,383.39
3,832,421.12
4,276,755.03
FY 1995
5,257,060.61
Table 7
1990 Census of Population and Housing for Grady County
Total Population
SEX
Male
Female
AGE
Under 5
5 to 17 years
18 to 20 years
21 to 24 years
25 to 44 years
45 to 54 years
55 to 59 years
60 to 64 years
65 to 74 years
75 to 84 years
85 years+
Median Age
Under 18
% of total pop
65 years+
% of total pop
HOUSEHOLDS BY TYPE
Total households
Family households
41,747 Married-couple families
% of Total House
20,087 Other family, male
21,660 Other family, female
Nonfamily households
2,969 % of total house
8,847 Householder living alone
1,766 Householder 65 years+
1,845 Persons living in households
12,454 Persons per household
4,626 GROUP QUARTERS
1,871 Persons living in group quarters
1,711 Institutionalized persons
2,937 Other persons in quarters
2,048 RACE AND HISPANIC ORIGIN
673 White
33.44 Black
11,816 % of total pop
28.3 American Indian, Eskimo, Aleut
5,658 % of total pop
13.55 Asian or Pacific Islander
% of total pop
15,544 Other race
11,828 Hispanic origin (any race)
% of total pop
9,935
63.92
410
1,483
3,716
23.91
3,363
1,760
41,060
2.64
687
486
201
37,602
1,537
3.68
2,152
5.15
121
0.29
335
728
1.74
Table 7 (Continued)
1990 Census of Population and Housing for Grady County
Total housing units
OCCUPANCY AND TENURE
Occupied housing units
Owner occupied
% owner occupied
Renter occupied
Vacant housing units
For seasonal, recreational, or occasional use
Homeowner vacancy rate (%)
Rental vacancy rate (%)
Persons per owner-occ unit
Persons per renter-occ unit
Units with over 1 persons per room
UNITS IN STRUCTURE
1-unit, detached
1-unit, attached
2 to 4 units
5 to 9 units
10 or more units
Mobile home, trailer, other
VALUE
Specified owner-occupied units
Less than $50,000
$50,000 to $99,999
$100,000 to $149,999
17,788 $150,000 to $199,999
$200,000 to $299,999
15,544 $300,000 or more
11,785 Median (dollars)
75.82 CONTRACT RENT
3,759 Specified renter-occupied units
2,244
paying cash rent
68 Less than $250
3.24 $250 to $499
16.58$500 to $749
2.65 $750 to $999
2.62 $1,000 or more
474 Median (dollars)
RACE AND HISPANIC ORIGIN
13,706 OF HOUSEHOLDER
192 Occupied housing units
656 White
349 Black
301 % of occupied units
2,584 American Ind, Eskimo or Aleut
% of occupied units
7,790 Asian or Pacific Islander
4,786 % of occupied units
2,675 Other race
228 Hispanic origin
% of occupied units
60
31
10
42,000
3,004
1,904
1,032
63
3
2
218
15,544
14,207
536
3.45
668
4.30
27
0.17
106
203
1.31
Inputs
$
$
Products
Basic
Industry
$
$ Inputs
Labor
Goods &
Services
Households
$
$
Services
Figure 1
Overview of
Community Economic System
$
Table 8
Grady County Actual Attendance at Fairgrounds Events in 1995
Number
Total
Out of Town
Local
of Events
Attendance
Attendance
Attendance
4-H Round Up
1
100
80
20
Antique Car Swap Meet
3
167,500
159,500
8,000
Arts & Crafts Show
3
2,750
1,900
850
Banquets
7
885
455
430
Bull Riding
2
200
150
50
Chili Cook-off
1
1,000
300
700
Classes & Interviews
3
215
50
165
Dairy Field Day
1
250
200
50
Dance
5
825
325
500
Dinners & Socials
4
400
230
170
Dog Show
2
125
85
40
FCE Work Day
2
50
20
30
Furniture Sale
1
250
50
200
Grady Baptist RA Racers
2
150
0
150
Gun Show
1
250
100
150
Horse Clinic
1
100
40
60
Jr. Livestock Show
1
2,000
1,850
150
Event
Table 8 (Continued)
Grady County Actual Attendance at Fairgrounds Events in 1995
Number
Total
Out of Town
Local
of Events
Attendance
Attendance
Attendance
1
8,000
6,000
2,000
Meetings
31
1,765
580
1,185
Pig Sale
2
400
250
150
Prom
1
300
0
300
21
2,625
1,550
1,075
Rodeo
3
2,750
2,350
400
Science Fair
1
350
0
350
Style Show
& Dress Revue
2
175
135
40
13
2,500
1,975
525
Tool Sale
1
250
100
150
Toy Tractor Show
1
500
300
200
Wedding/Anniversary
3
275
165
110
Winter Classic Steer Show
1
1,000
800
200
Wool Pickup
1
25
20
5
Youth Explosion
1
150
50
100
123
198,115
179,610
18,505
Event
Local & County Fair
Reunion
Team Roping
Total
Table 9
Grady County Bookings for Fairgrounds Events in 1996
Number
Total
Out of Town
Local
of Events
Attendance
Attendance
Attendance
4-H Round Up
1
100
80
20
Antique Car Swap Meet
3
184,000
171,000
13,000
Arts & Crafts Show
3
3,350
2,250
1,100
Banquets
6
710
405
305
Bull Riding
2
200
150
50
Car Show
1
500
300
200
Chili Cook-off
1
1,000
300
700
Circus
1
500
50
450
Classes & Interviews
2
215
75
140
Crop Clinic
1
75
60
15
Dairy Field Day
1
250
200
50
Dance
2
375
100
275
Dinners
4
625
325
300
Elections
10
4,000
0
4,000
Grady Baptist RA Racers
1
100
0
100
Gun Show
3
1,500
800
700
Horse Show Workshop
1
100
75
25
Event
Table 9 (Continued)
Grady County Bookings for Fairgrounds Events in 1996
Number
Total
Out of Town
Local
of Events
Attendance
Attendance
Attendance
Jr. Livestock Show
1
2,000
1,850
150
Local & County Fair
1
8,00
6,000
2,000
Meetings
19
1,470
570
900
Pig Sale
2
400
300
100
Prom
1
250
0
250
19
2,300
1,370
930
Rodeo
1
1,000
800
200
Science Fair
2
700
0
700
Style Show
& Dress Revue
2
175
135
40
11
880
625
255
Toy Tractor Show
1
600
400
200
Tumbling Meet
1
200
100
100
Wedding/Anniversary
2
225
105
120
Winter Classic Steer Show
1
1000
800
200
107
216,800
189,225
27,575
21,680
18,923
2,757
238,480
208,148
30,332
Event
Reunion
Team Roping
Total Advance Bookings
Add 10% Events not booked
Estimated Total
107
Table 10
Grady County Estimated Visitor Expenditures
Daily Visitors Local (30,332)
Spending Per Day
$5
$10
$15
Total Expenditures
$151,660
$303,320
$454,980
Daily Visitors Out of Town (187,334)
Spending Per Day
$10
$20
$30
Total Expenditures
$1,873,340
$3,746,680
$5,620,020
Overnight Visitors (20,814)
Spending Per Day
$40
$50
$60
Total Expenditures
$832,560
$1,040,700
$1,248,840
Total Expenditures
Spending Per Day
Daily Local ($5) Daily Out of Town ($10) Daily Overnight ($40)
Daily Local ($10) Daily Out of Town ($20) Daily Overnight ($50)
Daily Local ($20) Daily Out of Town ($30) Daily Overnight ($60)
Total Expenditures
$2,857,560
$5,090,700
$7,323,840
Type III Multiplier
Aggregated from 3 sectors
- Retail trade
- Finance, insurance, and real estate
- Services
Multipliers
- Employment
1.65
- Income
1.67
Table 11
Direct, Indirect and Induced Impact of Fairgrounds on
Chickasha and Grady County
Direct Impact of Fairgrounds Employees
Employment
Payroll Income
Direct Impact of Current Fairground Visitors
Employment
Payroll Income
1.5
$27,000
141.0
$2,482,750
Total Direct Impact
Employment
Income
142.5
$2,509,750
Indirect and Induced Impact
Employment
Income
92.5
$1,681,500
Total Impact
Employment
Income
235.0
$4,191,250
Download