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This document presents a detailed analysis of the economic impact of the Rapid City Regional Airport on Pennington County, South Dakota. It highlights significant contributions to job creation, economic activity, and fiscal impacts stemming from commercial and general aviation visitors, airport operations, capital investments, and business tenants. The report summarizes findings from surveys and economic modeling using the IMPLAN model, showcasing the comprehensive effects of the airport on...
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The economic impact of rapid refers to the effects and consequences that rapid changes or developments in an economy can have on various sectors, including employment, production, and consumer behavior.
Entities or individuals that are significantly affected by rapid economic changes, including businesses, organizations, and government agencies, may be required to file an economic impact assessment.
To fill out an economic impact of rapid form, one should gather relevant data, including financial figures, employment statistics, and market analyses, and complete the required sections accurately.
The purpose is to assess and document the effects of rapid economic changes to inform policy decisions, resource allocation, and strategic planning.
Information that must be reported typically includes financial data, projected economic outcomes, potential job creation or loss, and other relevant metrics.
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Rapid City Regional Airport economic impact study Pennington County aviation economics airport operations job creation general aviation commercial visitors capital investment IMPLAN model

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