Report: Long Beach Airport has $1.6B impact on regionRelease Date: 2019-11-21
By Jason Ruiz
The Long Beach Airport generated about $1.6 billion in economic impact during 2018 and helped support over 10,000 jobs, according to a recent report released by a consulting firm.
Unison Consulting, the firm that completed the analysis, looked at operations at the airport and the surrounding airport complex that includes the recently developed Douglas Park in measuring the impact. And for the first time, the report looked at the impact of visitor spending on the local economy.
It identified the airport complex as the businesses bound on the east and west by Cherry and Clark avenues and by the 405 Freeway to the south and Carson Street to the north. In total, those businesses and the airport combined to have an $8.6 billion impact on the regional economy and help support 46,000 jobs.
The dollar figures and tens of thousands of jobs the airport complex supports have a multiplying effect in that visitors also purchase products services from surrounding cities.
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