2024 Annual Report

 

Special Thank You to Our Chairman’s Circle Partners:

The Grand Junction Economic Partnership calculates economic impact by assessing each new job created by industry and using IMPLAN modeling software to generate direct, indirect, and induced labor income impact. The direct effect is the economic impact on Mesa County from the direct spending of employee compensation. An indirect effect is a multiplier reflecting the relationship between the dollars spent by the employer, which then becomes the income of another person to be spent. Induced effects result from increased personal income caused by direct and indirect effects. Businesses experiencing increased revenue will subsequently increase payroll expenditures by hiring more employees, increasing salaries, etc.

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