HubFacts - Job Facts For Our Area

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Here are some facts to think about:

1992-97: Private sector high tech job growth in Triad = 56% (higher than in Raleigh and Charlotte).
Source: Brookings Institution, July, 2000, p. 7. A report prepared for the Z. Smith Reynolds Foundation.
(See Figure 1 below)
1970-96: Triad (without a hub!) had 75.6% employment growth. Memphis and Indianapolis (with a hub for 27 and 12 years, respectively) had 76.8% and 64.8% employment growth, respectively.
Source: Draft Environmental Impact Statement for PTIA (DEIS), FAA, April2000, Appendix E, p. 3-3.
(See Figure 2 below)
Despite the fact that the Indianapolis hub has been open for 12 years, the DEIS reports that "In Indianapolis, it would appear that cargo shipment capacity has not yet emerged as an important location factor in attracting new industry to this area."
Source: DEIS, Appendix E, Page 4-15.

1978-97 Triad had 49.9% employment growth (national average - 45.5 for comparable regions)
Source: MDC, Inc, Chapel Hill, as reported in News & Record, Section B, p. 1, Sept. 4, 2000
1990-97 Employment growth in Triad outpaced (!) population growth (outpaced it more than in comparable metro areas and was the same as national average)
Source: Pace of Economic Growth Study by UNC-G, as reported in News & Record, Outlook 2000. Part 3, p. 3, Jan 31, 1999
By 2020. the DEIS projects a job growth due to the hub of 16,192 in the six major counties within a 30 mile radius around PTIA, where the vast majority of the job growth is expected to occur (directly and indirectly related to the hub's presence), that is, 953 jobs per year during the first 17 years of the hub.
Source: DEIS (FAA). Appendix E, 2000
In 1998. High Point alone created 1,000 jobs!
Source: High Point Economic Corporation, 1998 Annual Report
Forward Guilford lists 3,330 new jobs and 2,500 jobs lost for 1999 in Guilford county, that is, a net gain of 830 jobs or, if projected over the first 17 years of the hubs operation, a net (!) 14,110 jobs in Guilford county alone
Source Forward Guilford, as reported by Norman G. Samet in News & Record, Section H, p. 6, September 3, 2000
This compares to the hub's projected 16,192 gross (!) gain of jobs for the entire six-county region.
From 2004-2020, the 12-County Piedmont Triad Region is expected to grow by a total of 171,665 new jobs WITHOUT the hub. Source: DEIS (FAA), Appendix E, Table 4.2, 2000. The total number of projected hub-related jobs of 17,510 constitutes only 1.7% of all the jobs expected to exist in the 12-County Piedmont Triad Region by 2020.
Source DEIS (FAA). Appendix E table 4.19, 2000 (See Figure 3 below)

In summary, there will almost be the same or likely more and better (!) jobs in the Triad
over the coming 10-20 years without the hub!!!

This does NOT take Into account findings by the Brookings Institution, other think tanks, and numerous regions across the U.S.A. that a clean environment, quality of life, good schools, a well-educated workforce, and a well developed infrastructure attract good businesses and good jobs.

It also does NOT consider the thousands of jobs that could be created with the hundreds of millions of tax and other incentives, thrown at FedEx by our federal, state, county, and city officials.

In short, a "manufacturing-transportation-distribution cluster with FedEx as its lead anchor" (Source Regional Technology Strategies, Inc, 1999), and the resulting traffic congestion, sprawl, environmental destruction, health hazards, and boom and bust economy, will ruin the Triad. It will turn It into the "armpit of North Carolina"

(Compiled by Citizen Action Committee, September, 2000)

FOR INFO CALL: (336) 869-9143.

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