The Economic Impact Study is part of the overall Tennessee Aviation System Plan (TASP). Tennessee’s Statewide Aviation Economic Impact Study was last updated in 2014, and thus an updated study is necessary to properly gauge aviation’s impact on Tennessee’s economy. The Economic Impact Study will determine aviation’s direct economic effects, its indirect impact via the impact to Tennessee (and regional) businesses that sell goods and services to businesses that provide direct contributions to the Tennessee economy, and its induced impact via the spending of wages earned by direct and indirect workers on consumer purchases.
Direct + indirect + induced effects = total impacts on a regional and Statewide basis.
Curious about what the Economic Impact Study entails? Check out the prior Economic Impact Study below.