This Week
  • Two years ago, Davidson Fink LLP decided to take a long look at its situation.

  • $15M site HIVE@155 adds retail, apartments on St. Paul.

  • At 39, Rufus Judson is the fifth-generation leader of the Pike Cos. Ltd.

  • The new edition of Explore Greater Rochester is here.

  • Any investment strategy must start with how the investor views risk, experts say.

  • Myneco Ramirez owns MBR Concepts LLC. Her company runs the Tech Startup Expo.

Study looks at GRIA's impact

Rochester Business Journal
August 26, 2011

The Greater Rochester International Airport supported the employment of 9,998 people and produced annual economic activity of $800 million in 2009, an aviation study funded by the Federal Aviation Administration and the state Transportation Department has found.

The Greater Rochester International Airport is the only commercial service airport in the five-county region.

The airport's economic impact was measured through surveys that revealed 7,304 full- and part-time jobs and more than $484.6 million in direct expenditures in 2009. This includes on-airport businesses, airport sponsor expenditures on operations and capital improvements and visitor spending. Including indirect expenditures, the total impact for the airport was $800.4 million, supporting almost 10,000 jobs.

Susan Walsh, director of aviation at the airport, said it is heavily used by area businesses, noting that 65 percent of the travel there is business-related.

The presence of an international airport helps businesses connect with customers, Walsh said.

"Having a commercial airport allows local businesses to interface with customers more often," Walsh said. "As the businesses grow, it helps drive (growth in) the whole community."

8/26/11 (c) 2011 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google