Full Title: Wind Brings Jobs and Economic Development To All 50 States
Author(s):
Publisher(s): American Wind Energy Association
Publication Date: March 1, 2017
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Description (excerpt):
The American wind industry is a leading creator of jobs and economic development in areas that need it most, from rural America to Rust Belt manufacturing hubs. The wind industry has invested more than $143 billion in the United States over the last decade, and is poised for further growth.
- In 2016, the U.S. wind industry broke the 100,000 job marker for the first time, reaching 102,500 industry jobs in all 50 states.
- Navigant Consulting expects wind-related employment to reach 248,000 jobs by 2020 when including economic activity induced by the wind industry.
- Jobs from the U.S. wind industry benefit all 50 states, ranging from construction to manufacturing to project operation.
- Over the last 10 years, the wind industry has invested $143 billion in U.S. wind projects.
- Looking foward, the industry will drive $85 billion in economic activity through 2020, according to Navigant Consulting.
- As the U.S. wind industry continues to grow, Navigant expects land lease payments to local landowers to grow from $245 million annually in 2016 to over $350 million by 2020, with nearly all of the payments flowing to rural America.
- Navigant forecasts that new projects built over the next four years will provide a cumulative $8 billion in property, income, and sales tax payments