EcoNorthwest study projects billions in output; council asks for data and methodology
EcoNorthwest presented a 20-year dynamic model that attributed about 65% of team-revenue support to out-of-region dollars and projected roughly $14 billion in incremental economic output through 2045; councilors requested the underlying assumptions and methodology before considering the term sheet.
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Mike Wilkerson, director of economic research at EcoNorthwest, told council the consultant used a dynamic model that separates local and out-of-region revenues and projects both construction and long-term operational impacts. He said "about 65% of all dollars that support operations come from out of region" and that, under modeling assumptions, operations through 2045 could support about $14,000,000,000 of incremental economic output and roughly 3,000 jobs annually on average.
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