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Wind Brings Jobs and Economic Development To All 50 States

Wind Brings Jobs and Economic Development To All 50 States

Full Title: Wind Brings Jobs and Economic Development To All 50 States
Publisher(s): American Wind Energy Association
Publication Date: March 1, 2017
Full Text: Download Resource
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

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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