The Economic Impact Of The Film And Video Production And Distribution Industry On The Charlotte Regional Economy

Abstract

This report provides measurement of the 2008 economic impacts of the film and video production and distribution industry on the Charlotte regional economy. Officially known as the Charlotte USA Region, this 16 county area is one of America’s fastest-growing metropolitan regions and supports a well established and expanding film and video production and distribution industry. Four different types of economic impacts generated by the film and video production and distribution industry were estimated based on the 2008 information. These impacts include: (1) output impacts; (2) employment impacts; (3) employee and freelancers compensation impacts; and (4) value added impacts. The results are disaggregated to identify the direct economic impact of the film and video production and distribution industry, the indirect (supply chain) impact of the industry, and the induced (re-spending) impact of the industry. The total impact of the industry is then the sum of direct, indirect, and induced impacts.