Study finds airports contribute $40 billion to state’s economy
The Tennessee Department of Transportation recently completed a year-long Statewide Aviation Economic Impact Study.
“Tennessee’s 78 public-use airports are critical components of the state’s transportation network, linking and providing access to regional, national, and global transportation systems,” TDOT Commissioner Clay Bright said in a news release.
This Economic Impact Study represents the 2019 annual economic impact of the aviation system on the state’s economy. The study is a good representation of the annual economic impact of the aviation system during a non-pandemic world.
The study analyzed the economic impacts of on-airport activities, off-airport activities, multiplier impacts, and freight/cargo. Examples of on-airport activities include economic impacts from business tenants, airport construction spending and airport employment. Off-airport impact include visitor spending. Visitor spending g