Economic Impact

Pennridge Airport Economic Impact Study: 1993

Faced with negative public reaction to airport development, R.A. Wiedemann & Associates was selected to perform an economic impact analysis of the airport. In this analysis, impacts for both the status quo scenario and full-build option were quantified. In that analysis, it was shown that without development of the airport, the community would potentially lose $2.0 million in annual impacts and over 100 jobs. Through the study, greater awareness of the value of the local airport was developed in the community.

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