Chicago Rockford Airport Ranked 3rd in State in Economic Benetit
By: Scott Picken
Updated: October 15, 2012
ROCKFORD
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recently released Illinois Aviation Economic Impact Study lists the Chicago
Rockford International Airport as having the third highest total economic output
for commercial airports in the state. Obviously, Chicago's O'Hare and Midway
airports finished first and second.
The
18-month long study examined the economic impacts of 116 public-use Illinois
airports and found that Rockford's generates nearly $1 billion in economic
impact each year. That figure comes from
concluding that the Chicago Rockford airport supports directly or indirectly 5,384
jobs, with a total payroll of more than $224 million who generate an additional
$994 million in the local economy. That
includes visitor spending at local restaurants, hotels and other businesses, air
cargo, passengers, car rentals and hotel occupancy. It also takes into account more
speculative qualitative benefits of an airport such as its impact on safety,
quality of life for area residents, and support of the U.S. military.
"This
statewide aviation economic impact study highlights the positive boost airports
have on their local communities, in their region, and to the State of Illinois.
Airports create jobs, and jobs lead to opportunity," said Dr. Susan Shea,
Director of IDOT's Division of Aeronautics in a news release.
To
see details of the study, click on the link below.
