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<br /> healthcare <br /> <br /> computer programming <br /> <br /> banking and accounting services <br /> <br /> software and application development <br /> <br /> data centers <br /> <br /> finance, insurance and real estate (FIRE) <br /> <br /> engineering <br /> <br /> manufacturing design and prototype development <br /> <br /> entertainment (music, movies, HDTV programs) <br /> <br /> <br />Projected Economic Impact <br /> <br />Based upon this assessment, it is clear the project corridor has <br />economic activity that would take full advantage of these conditions. It is very difficu <br />predict the timing, size and scope of this activity along with i-term economic impact. <br />Yet it is reasonable to suggest that the existing economic condi <br />corridor -- with enhanced connectivity -- would be successful in securing new high tech <br />operations. The economic impact of increased employment and cap <br />be significant for the local community and surrounding region. <br /> <br />Take for example the impact of Cisco locating 300 computer programming jobs in <br />1 <br />impact included additional 335 jobs spread across the region; $3 in direct <br />economic output (i.e. salaries, company expenditures); and another $44.5 million of <br />indirect economic benefit. <br /> <br />When projected forward over the next five to ten years for similar types of economic <br />activity in the project corridor, here are the economic impact nLouis City <br />and St. Louis County only: <br /> <br />Reasonable estimate: <br /> <br />1,000 high tech jobs (i.e. computer programmers, software develo <br />0. <br />industry standard <br /> <br />972 additional jobs across a number of industries including real <br />1. <br />employment services, food service & drinking establishments, hospitals/healthcare <br />providers, telecommunications and wholesale trade <br /> <br />$132,590,000 in wages and benefits <br />2. <br />$172,227,000 in additional economic benefit (i.e. sales, rents, <br />3. <br />Total annual economic output in excess of $265,000,000 <br />4. <br /> <br /> <br />As the project examples illustrate, there are various types of e <br />many different business segments. Introduction of ultra-high speed connectivity to the project <br />corridor addresses the primary needs of many high-tech businesses; especially those that show <br />the greatest job creation, labor output, and value add ability. <br /> <br /> <br />1 <br /> Calculated in 2010 dollars using a IMPLAN economic impact model with 2008 base year. <br />Page 5 of 7 <br /> <br />