Table - Visitor Economy - Economic Contribution Sector GDP Total Payroll Land property Gross Profit GVA Purchases Visitor £181,998,800 £66,804,265 £43,575,713 £26,122,181 £45,720,305 £89,296,017 economy £1,740,618,300 £687,591,325 £464,748,498 £182,392,375 £448,059,002 £912,807,499 Source: Hill Taylor & Atkins 2013. Atkins Ref: Survey A5.1/L20. – Employment The visitor economy also contributes to local employment providing approximately 4,830 direct local jobs, 3,860 indirect jobs across the whole economy and supporting a further 1,440 jobs through induced expenditure. Table - Key Sector Employment Summary Visitor Economy – Geography Visitor Economy Direct Jobs North East Lincolnshire 4,830 Indirect Jobs N.& N.E Lincolnshire & Humber 1,570 Elsewhere in Yorkshire and 1,210 Humber Outside L/H 1,080 3,860 Induced N.& N.E Lincolnshire & Humber 590 Elsewhere in Yorkshire and 450 Humber Outside Yorkshire 400 Total 1,440 Total 10,130 Source: Atkins 2013. Atkins Ref: Survey Figures rounded. –A9-A11. Supply chain Turnover within the sector is split between purchases, payroll, land and property, This shows that purchases is of greatest importance to the sector, constituting 36.7% of turnover, whilst payroll makes up almost 25%. Table - Breakdown of Annual Turnover Visitor Economy – Visitor Economy Total Purchases 36.7% Payroll 23.9% Land property 14.4% Gross Profit 25.1% Source: Hill Taylor and Atkins 2013. Atkins Ref: Survey –A14 Key purchases and services include energy & utilities (17.9%), financial & insurance (16.6%), wholesale retail goods (14.9%) and catering and food (14%). - Types of Goods & Services Purchased
Table - Visitor Economy - Economic Contribution Sector GDP Total Purchases Payroll Land property Gross Profit GVA Visitor economy £181,998,800 £66,804,265 £43,575,713 £26,122,181 £45,720,305 £89,296,017 £1,740,618,300 £687,591,325 £464,748,498 £182,392,375 £448,059,002 £912,807,499 Source: Hill Taylor & Atkins 2013. Atkins Ref: Survey – A5.1/L20. Employment The visitor economy also contributes to local employment providing approximately 4,830 direct local jobs, 3,860 indirect jobs across the whole economy and supporting a further 1,440 jobs through induced expenditure. Table - Key Sector Employment Summary – Visitor Economy Geography Visitor Economy Direct Jobs North East Lincolnshire 4,830 Indirect Jobs N.& N.E Lincolnshire & Humber 1,570 Elsewhere in Yorkshire and Humber 1,210 Outside L/H 1,080 3,860 Induced N.& N.E Lincolnshire & Humber 590 Elsewhere in Yorkshire and Humber 450 Outside Yorkshire 400 Total 1,440 Total 10,130 Source: Atkins 2013. Atkins Ref: Survey –A9-A11. Figures rounded. Supply chain Turnover within the sector is split between purchases, payroll, land and property, This shows that purchases is of greatest importance to the sector, constituting 36.7% of turnover, whilst payroll makes up almost 25%. Table - Breakdown of Annual Turnover – Visitor Economy Visitor Economy Total Purchases 36.7% Payroll 23.9% Land property 14.4% Gross Profit 25.1% Source: Hill Taylor and Atkins 2013. Atkins Ref: Survey –A14 Key purchases and services include energy & utilities (17.9%), financial & insurance (16.6%), wholesale retail goods (14.9%) and catering and food (14%). - Types of Goods & Services Purchased
201407-NorthEastLincolnshireSectorStudy-Final.docx