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of the with fish scenazio. The without fish scenario is constructed on the basis that the river <br />system will be managed without regard to the needs of the endangered fishes. This economic <br />scenazio consists of a set of projections of the current and future economic activities, without <br />regazds to the needs of the endangered fishes. The with fish scenazio is constructed on the <br />basis that the river is to be managed to foster recovery of the endangered fishes through <br />species listing and designation of proposed critical habitat. -The economic activities that <br />might be altered to enhance the recovery of the endangered fishes must be identified. Thus, <br />the with fish scenario consists of a set of economic projections that reflect the activity <br />changes that may be required to recover these fishes. The economic projection of the without <br />fish scenario takes into account the levels of economic activity that would occur in the region <br />if no listing and/or critical habitat actions were undertaken. This projection covers the period <br />1995 through the year. 2020 and forms the benchmark for comparing the net economic <br />impacts associated with the species listing and proposed designation of critical habitat. This <br />period was chosen because the biological projections concerning the endangered fishes <br />indicated that recovery may take yeazs. <br />D. Economic Setting <br />1. Economic Output <br />Economic output measures the values of all goods and services produced and/or consumed in <br />a regional economy. The region consisting of seven States, generates approximately. $1.3 <br />trillion in economic output annually. This output is dominated by the combined <br />manufacturing and the finance, insurance, and real estate sectors, which produce 18.4 percent <br />and 14.9 percent of total output, respectively. The petroleum and gas production sector <br />generates 2.4 percent of the total output, while the recreation services sector produces 7.7 <br />percent of the total output. The electric -power production sector comprises about 1.5 percent <br />of the total output. The combined agricultural sectors are responsible for 3.0 percent of the <br />total output, of which the livestock feed sector produces 0.33 percent of total regional output <br />and the other crops sector produces 0.95 percent of the output. <br />I-14 <br />