2009 Presentation on Economic Impact of the Louisville District

1. Economic Impact of the Louisville District COL Keith Landry, PhD, PE Commander Louisville District US Army Corps of Engineers 5 October 2009

3. Who We Serve

5. LRL’s Impact on the Nation *Reported Navigation and FRM figures are economic savings estimates. Economic models are being revised to account for the multiplier effects of navigation and FRM benefits. This current analysis should be considered a lower bound estimate of LRL’s impact. $2,855.92* * Navigation $601.88* * FRM 35,111* 870 9,807 2,173 22,261 Jobs Supported $7,284.34* $122.45 $643.94 $263.81 $2,796.34 Economic Impact (millions) Category Construction Employee Compensation Recreation O&M TOTAL

7. Taylorsville Lake, KY € IL IN OH KY Louisville T T T T 1 2 OLMSTED L&D MARKLAND L&D JOHN T. MYERS SMITHLAND L&D OHIO RIVER RIVER L&D 53 T L&D NEWBURGH L&D CANNELTON McALPINE L&D WABASH L&D 52 T T T T T T

9. Impact of Taylorsville Lake Recreation $ 6,081 215 $ 17,491 Total Effects 2,112.81 62 6,344.39 Secondary Effects 3,968.57 153 11,146.26 Total Direct Effects 385.18 7 2,020.84 Manf 322.91 5 842.51 Wholesale trade 249.27 9 517.82 Other retail 110.93 8 315.05 Sporting goods retail 495.56 18 1,293.76 Gas stations 405.55 17 953.87 Grocery stores 233.81 11 630.91 Entertainment and recreation fees 84.19 5 415.24 Boat repair and maint. 107.16 7 528.51 Auto repair 1,349.50 59 3,054.74 Restaurants & bars 7.26 1 74.43 Other Lodging 217.26 8 498.59 Motel, hotel cabin Direct Effects Labor Income ($ Thousands) Jobs Sales ($ Thousands) Sector/Spending category

10. Impact of Taylorsville Lake *Complete multiplier and job effects are not yet available for this category 215 $17.49 321 $26.11 Recreation 6 $.77 11 $1.56 O&M Category National Economic Impact $M National Jobs Supported Regional Economic Impact $M Regional Jobs Supported Construction $.09 1 $.05 1 Employee Compensation $1.03 11 $.42 9 FRM $10.55* * $10.55* * Total 39.34* * $32.29* 231*

11. FRM Benefits Nationwide

12. Impact of Ft. Knox

14. Impact of Ft. Knox Activities Scope Jobs Supported Economic Impact (millions) National 4,537 $574.07 State 3,213 $332.35 Regional 2,630 $247.88

15. Impact of Wright-Patterson AFB

17. Impact of Wright-Patterson AFB Scope Jobs Supported Economic Impact (millions) National 1,116 $139.73 State 796 $80.09 Regional 719 $70.84

18. Impact of Scott AFB

20. Impact of Scott AFB Scope Jobs Supported Economic Impact (millions) National 856 $106.87 State 608 $61.60 Regional 499 $45.88

21. Impact of Fort Campbell

23. Impact of Fort Campbell Scope Jobs Supported Economic Impact (millions) National 3,822 $488.56 State 2,753 $282.36 Regional 2,255 $210.49

25. LRL Navigation Ranked against 171 Lock and Dam project in the US Inland Navigation Lock Projects: Estimations of Value and Main Chamber Closure Costs . Prepared by Navigation Economic PDT 13 13 McAlpine L/D 4 2 L/D 52 1 1 L/D 53 7 6 Newburgh L/D 6 7 J.T. Myers L/D 5 3 Smithland L/D L/D Tonnage Rank Savings Rank Cannelton L/D 12 12 Markland L/D 17 15

29. Navigation Benefits

30. Transportation Efficiency

31. Olmsted Locks and Dam € IL IN OH KY Louisville T T T T 1 2 OLMSTED L&D MARKLAND L&D JOHN T. MYERS SMITHLAND L&D OHIO RIVER RIVER L&D 53 T L&D NEWBURGH L&D CANNELTON McALPINE L&D WABASH L&D 52 T T T T T T

33. Impact of Olmsted Locks & Dam Category National Economic Impact National Jobs Supported Regional Economic Impact Regional Jobs Supported Construction $280.44 2,215 $60.20 724 Employee Compensation $7.23 48 $.69 31 Total $287.67 2,263 $60.89 755

34. McAlpine Locks & Dam € IL IN OH KY Louisville T T T T 1 2 OLMSTED L&D MARKLAND L&D JOHN T. MYERS SMITHLAND L&D OHIO RIVER RIVER L&D 53 T L&D NEWBURGH L&D CANNELTON McALPINE L&D WABASH L&D 52 T T T T T T

36. Impact of McAlpine L&D *Complete multiplier and job effects are not yet available for this category 36 $2.94 53 $4.32 Recreation * * * * Navigation 11 $1.35 20 $2.76 O&M Category National Economic Impact National Jobs Supported Regional Economic Impact Regional Jobs Supported Construction $105.4 833 $61.4 587 Employee Compensation $6.89 52 $2.84 44 Total $119.38* 957* $68.53* 678*

37. Impact of McAlpine L&D 100% 18% 39% 4% 18% 5% 2% 0% 9% 6% Percent Commodity Tonnage Percent Value ($M) Coal 18,200,850 36% $712 Petroleum 6,582,006 13% $1,000 Crude Petroleum 126,377 0% $12 Aggregates 3,839,991 8% $203 Grains 3,581,666 7% $560 Chemicals 5,171,553 10% $2,160 Ores/Minerals 3,003,454 6% $458 Iron/Steel 8,073,248 16% $4,528 Other 1,471,532 3% $2,101 Total 50,050,677 100% $11,734

38. Top Congressional Districts Receiving Through McAlpine

39. Top Congressional Districts Shipping Through McAlpine

41. LRL’s Impact on the Louisville Metropolitan Statistical Area *Complete multiplier and job effects are not yet available for this category $20.43 251 Recreation $12.95* * FRM * * Navigation $5.17 43 O&M Category Jobs Supported Economic Impact (millions) Construction 3,262 $318.61 Employee Compensation 1,247 $71.59 Total 4,803* $428.75*

43. LRL’s Impact on Cincinnati Metropolitan Statistical Area *Complete multiplier and job effects are not yet available for this category $51.75 605 Recreation $56* * FRM * * Navigation $7.82 66 O&M Category Jobs Supported Economic Impact (millions) Construction 67 $6.8 Employee Compensation 49 $1.32 Total 786* $123.69*

45. LRL’s Impact on KY-02 *Complete multiplier and job effects are not yet available for this category $119.86 1,888 Recreation $28.54* * FRM * * Navigation $9.39 83 O&M Category Jobs Supported Economic Impact (millions) Construction 2,594 $248.49 Employee Compensation 139 $4.82 Total 4,704* $411.1*

47. LRL’s Impact on the Commonwealth of KY *Complete multiplier and job effects are not yet available for this category $57.34* * FRM 24.91 207 O&M * * Navigation Category Jobs Supported Economic Impact (millions) Construction 6,853 $711.12 Employee Compensation 1,500 $88.26 Recreation 4,588 $282.24 Total 13,149* $1,163.87*

49. LRL’s Impact on the Commonwealth of KY $9,377 99,362,096 18,945,920 28,786,793 51,629,383 TOTALS $635 3,971,641 278,741 1,080,690 2,612,210 Other $2,317 3,449,922 175,142 2,296,830 977,950 Iron & Steel $136 1,661,921 0 1,661,921 ** Ores/ Minerals $1,118 2,795,648 28,060 2,218,639 548,949 Chemicals $443 2,644,782 38,876 110,189 2,495,717 Grain $1,380 26,730,626 6,848,556 2,580,676 17,301,394 Aggregates $1,557 11,255,956 704,139 8,550,999 2,000,818 Petroleum $1,791 46,851,600 10,872,406 10,286,849 25,692,345 Coal Value (millions) Total Within Received Shipped Commodity Kentucky 2007 Waterborne Commerce

50. Value of Commodities