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13380 Federal Register / 59, No. 54 / Monday, March 21. 1994 / Rules and Regulations <br />Vol. <br />"with lish" scenario was constructed by <br />analyzing potential changes in <br />economic activity that may occur due to <br />the critical habitat designations and/or <br />other protection and recovery efforts for <br />endangered fish. <br />Economic Setting <br />Economic Output <br />Economic output measures the value <br />of all goods and services produced and/ <br />or consumed in a regional economy. <br />The seven State Basin region generates <br />about $1.3 trillion annually in economic <br />output. This output is dominated by the <br />combined manufacturing and the <br />finance, insurance. and real estate <br />sectors, which produce .18.4 percent and <br />14.9 percent of total output. <br />respectively. The recreation services <br />sector produces 7.7 percent of the total <br />output and the combined agricultural <br />sectors are responsible for 3.0 percent of <br />the total output (Brookshire at al 1993). <br />Employment <br />Approximately 22.0 million people <br />are employed in the Basin economy. <br />The largest employment sectors within <br />the Basin States are the public sector <br />(16.9 percent of total employment), and <br />the combined manufacturing sector <br />(15.4 percent of total employment). The <br />recreation services sector is also a very <br />significant part of total employment at <br />10.5 percent. Combined agricultural <br />employment is approximately 4.3 <br />percent of total employment (Brookshire <br />at al. 1993). <br />State and Regional Economic Impacts <br />Three conclusions were obtained from <br />the economic analysis (Table 1): First, <br />regional economic impacts associated <br />with critical habitat designation are <br />positive for the Basin. Second, the State- <br />level impacts are not distributed evenly <br />over States in the Basin. Finally, the <br />percent deviation in the economy from <br />the "without fish" scenario is small. <br /> <br />1 <br /> <br />TABLE 1.--ANNUALQED IMPACTS ($1991 MIWONS) OF CRITICAL HABITAT DESIGNATION IN EACH STATE AND THE COLD- <br />RADO RIVER BASIN. PARENTHESES () = PERCENT CHANGE IN THE STATE AND REGIONAL ECONOMIES DUE TO DES- <br />IGNATION. (AFTER BROOKSHIRE ET AL 1994) <br /> <br />Earning Indirect busi- Personw in- <br />corne <br />state ?) hange) <br />(% c ness taxes <br />change) taxes <br /> change) <br />Arizona -1.049 -0201 -0.048 -0-M <br /> (.0008) (.N) (AM (.OOD4) <br />California - +16.751 +2.880 +0521 +0.720 <br /> (.0013) (.0007) 0008) (-0007) <br />Colorado.. -0848 +0.850 -0.111- +0213 <br /> 0006) (.0020) (W (-M) <br />Nevada +7 <br />014 +3 <br />369 +0582 +0842 <br /> . <br />(.0148) . <br />(.0164) (.0182) (.0164) <br />New Mexico -12273 -1.511 -0586 -Mm <br /> (.0279) (.0110) (MM) (.0110) <br />Utah -3828 718 <br />-0 -0281 -0 <br />180 <br /> (.0060) . <br />(.0039) (JO090) . <br />(M0) <br />Wyoming -0.3% -0.048 -00¢3 -0.012 <br /> (.0020) (.0008) 0020) (.0008) <br />Basin +6 <br />470 +3 <br />704 +0 <br />136 +1 <br />049 <br /> . <br />(.0003) . <br />(.0006) . <br />(.0002) . <br />. <br />(.0006) <br />The projected impacts on the <br />economies of various States ranged from <br />about -$12.273 million in New Mexico <br />to about +$16.751 million in California <br />measured as annualized values (Table <br />1). However, projected negative impacts <br />that couldmcur in the various State <br />economies. were so small when <br />compared to the base economies that <br />they are probably nonexistent, ranging <br />from 0.0008 percent in Arizona to <br />0.0279 percent in New Mexico. Some <br />States could experience small but <br />positive impacts (e.g., California and <br />Nevada). <br />Impacts on earnings, indirect business <br />taxes, and personal income taxes are <br />organized in the same way as those for <br />output (Table 1). The conclusions <br />expressed for output hold also for the <br />earnings. indirect business taxes, and <br />personal income taxes impacts <br />(Brookshire at al. 1994). <br />Employment <br />Table 2 presents State and regional <br />incremental impacts on employment <br />over the 25-year period of the study. <br />The values in the table represent the <br />deviation in employment, measured as <br />jobs, between the without fish and with <br />fish scenarios. As with other aspects of <br />the economy, employment impacts are <br />both positive and negative both across <br />States and over time. For New Mexico, <br />the employment impact is <br />approximately 2 jobs foregone in 1995 <br />and this figure rises to 613 jobs foregone <br />by the year 2020. On the other hand, for <br />California there is a gain of <br />approximately 20 jobs in 1995 and this <br />positive impact increases to a projected <br />1.162 jobs by 2020. For the Basin as a <br />whole, the employment impacts are <br />positive through the study period. In <br />1995, the projected gain is <br />approximately 60 jobs. By 2020, the <br />gains in employment are projected to be <br />approximately 393 jobs. <br />TABLE 2.- IMPACTS OF THE CRITICAL HABITAT DESIGNATION ON EMPLOYMENT IN EACH STATE AND THE COLORADO <br />RIVER BASIN. EMPLOYMENT IMPACTS REPRESENT JOBS FOREGONE OR GAINED IN THE FUTURE THROUGH THE YEAR <br />2020. (AFTER BROOKSHIRE ET AL 1994) <br />State 1995 2000 2005 2010 2015 2020 <br />Arizona ....... <br />California -1.85 <br />+19.99 -4.68 <br />+92.57 - 7.77 <br />+258.48 -12DB <br />+475.86 -18.86 <br />+781.18 -25.83 <br />+1161.93 <br /> <br />1 <br />t <br />r <br /> <br /> <br /> <br /> <br /> <br />1 <br /> <br /> <br /> <br /> <br />