Urbanchuck finds substantial economic impact from ethanol in 2010

Ethanol Producer Magazine
By Susanne Retka Schill February 28, 2011

More than 70,000 direct jobs are provided by the U.S. ethanol industry in the agriculture, manufacturing and services sectors, and when total economic activity is considered more than 400,000 jobs are created, according to a study by Cardno Entrix economist John Urbanchuck, commissioned by the Renewable Fuels Association.

Released in late February at the time of RFA’s National Ethanol Conference, the report gives a snapshot of the economic impact of the industry in 2010. As with employment, the direct impact on income by the ethanol industry is limited to the manufacturing and construction sectors, but the most significant impact is to increase the income to farmers, according to Urbanchuck’s report.

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