The Economic Impact of Iowa’s Major Industries in 2014

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2014-01-01
Authors
Swenson, David
Swenson, David
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Economics
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Economics
Abstract

This report compares and contrasts two methods of discerning industrial importance: (1) evaluating industrial information as conventionally reported by government agencies, and (2) using input-output techniques to allocate all indirect economic activity into industries producing for final demand. The advantage of the final demand apportioning procedure is that it allows for a determination of total job linkages to Iowa's key industries like agriculture, ag-related manufacturing, all other manufacturing, and to banking and finance.

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