ASU Study on Economics of the River

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A new study reveals that hanging in the balance of the health of the Colorado River system are more than $1.4 trillion in economic activity, $871 billion in wages, and 16 million jobs.

RELEASED JANUARY 2015-A first-ever comprehensive study which identifies the economic value and number of jobs dependent on the river for all the basin states and major economic sectors that use water from the river. The study was done by noted economist Tim James at W.P. Carey School of Business at Arizona State University and commissioned by business coalition Protect the Flows.

The study reveals that hanging in the balance of the health of the Colorado River system are more than $1.4 trillion in economic activity, $871 billion in wages, and 16 million jobs. 

Put into perspective, an estimated 64.4 percent of the combined value of each basin state’s output of goods and services could be lost if Colorado River water is no longer available to residents, businesses, industry, and agriculture. Read the Executive Summary HERE and the FULL REPORT HERE.

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READ THE COVERAGE OF THE STUDY IN THE WALL STREET JOURNAL  and watch our video posted on the WSJ site HERE.  You can also see all of the media generated by the study here.

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Arizona

Jobs in AZ dependent on the river annually: 2,147,770
Gross State Product in AZ dependent on the river: $185.01 billion (60% of AZ’s GSP)
Arizona Labor Income dependent on the river each year: $107.80 billion

 

Southern California

Jobs in CA dependent on the river annually: 7,046,110
Gross State Product in CA dependent on the river: $657.45 billion ( 55% of Southern California’s GSP)
CA Labor Income dependent on the river each year: $406.58 billion

 

Colorado

Jobs in CO dependent on the river annually: 2,147,141
Gross State Product in CO dependent on the river: $188.95 billion (59% of CO’s GSP)
CO Labor Income dependent on the river each year: $115.97 billion

 

New Mexico

Jobs in NM dependent on the river annually: 772,000
Gross State Product in NM dependent on the river: $59.8 billion (65.8% of NM’s GSP)
New Mexico Labor Income dependent on the river each year: $34.2 billion

 

Nevada

Jobs in NV dependent on the river annually: 1,417,283
Gross State Product in NV dependent on the river: $115.39 billion (87% of NV’s GSP)
Nevada Labor Income dependent on the river each year: $70.57 billion

 

Utah

Jobs in UT dependent on the river annually: 969,735
Gross State Product in UT dependent on the river: $69.79 billion (50% of UT's GSP)
UT Labor Income dependent on the river each year: $43.30 billion

 

Wyoming

Jobs in WY dependent on the river annually: 284,000
Gross State Product in WY dependent on the river: $21.7 billion (62% of NM’s GSP)
Wyoming Labor Income dependent on the river each year: $13.2 billion

Business of Water Summit

This March 30-31 Protect the Flows, Change the Course and senior executives from leading companies, water & power utilities and dignitaries gathered for the third Business of Water summit in Phoenix, Arizona.

Read more about the summit here

ASU Study on Economics of the River

New study from Arizona State University reveals that hanging in the balance of the health of the Colorado River system are more than $1.4 trillion in economic activity, $871 billion in wages, and 16 million jobs.

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