The Economic Impact of the Grady County Fairgrounds on the Economy of Grady County, Oklahoma

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The Economic Impact of the Grady County
Fairgrounds on the Economy of Grady County,
Oklahoma

• Gerald A. Doeksen Extension Economist, OSU,
  Stillwater
• Jeanne Hutchins Extension Associate, OSU,
  Stillwater
• Cheryl St. Clair Extension Associate, OSU,
  Stillwater
• Stan Ralstin Area Rural Development Specialist,
  
• N.W. District Office, Enid
• Ron G. Justice Grady County Extension Director,
  Chickasha
• RURAL DEVELOPMENT
• OKLAHOMA COOPERATIVE EXTENSION SERVICE
• OKLAHOMA STATE UNIVERSITY
• APRIL 1996

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Objectives of this report

• Provide basic economic data for Grady County
• Review concepts of community economics and
  multipliers and
• Estimate the direct and secondary impacts of
  current fairgrounds activities.

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Table 1Population Estimates by Community for
Grady County, Oklahoma, 1980, 1990, and 1994
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Table 2Population Estimates by Age and Sex for
Grady County, Oklahoma, 1990
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Table 3Labor Force Data for Grady County 1989-95
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Table 4Employment by Major Sector for Grady
County, 1988-1993
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Table 5Personal Income by Major Source for
Grady County, 1988-1993
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Table 5 (Continued)Personal Income by Major
Source for Grady County, 1988-1993
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Table 6Sales Tax Collections for the City of
Chickasha, 1988-1995
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Table 71990 Census of Population and Housing for
Grady County
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Table 7 (Continued)1990 Census of Population and
Housing for Grady County
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Figure 1 Overview of Community Economic System
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Table 8Grady County Actual Attendance at
Fairgrounds Events in 1995
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Table 8 (Continued)Grady County Actual
Attendance at Fairgrounds Events in 1995
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Table 9Grady County Bookings for Fairgrounds
Events in 1996
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Table 9 (Continued)Grady County Bookings for
Fairgrounds Events in 1996
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Table 10Grady County Estimated Visitor
Expenditures
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Type III Multiplier

• Aggregated from 3 sectors
• Retail trade
• Finance, insurance, and real estate
• Services

• Multipliers
• Employment 1.65
• Income 1.67

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Table 11Direct, Indirect and Induced Impact of
Fairgrounds on Chickasha and Grady County