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Oregon Film and Video Industry Shows Big Gains An Economic Impact Analysis of the Oregon Film and Video Industry in 2007 August 22, 2008: This just released economic report, commissioned by the Governor's Office of Film & Television, illustrates the major impact that the Film and Video Industry has on the Oregon economy. The study shows that the industry generated $1.39B of combined direct and indirect economic impact, representing a 41% increase over 2005. The direct industry impact was $709M, representing an increase of 43%. The greatest increase was the out-of-state spending in Oregon with a 117% increase, and representing over $41.3M in direct spending for the state. According to ECONorthwest, Out-of-state film and video production reversed the decline it experienced between 2002 and 2005, with growth over the last two years that have left the economic impacts associated with this sector well above 2002 levels. The study further shows that more than 13,330 people are employed in jobs supporting the film and video industry and earned an average annual wage 34% higher than the state average. On a statewide basis, the film and video industry exhibited strong linkages (i.e., sizeable multiplier effects) to other sectors of the Oregon economy. With a job multiplier of 2.11, every 10 jobs in the film and video industry are associated with 11.1 jobs in other industry sectors in the state. Films that recently shot in Oregon, and employed Oregon crew include: Without a Paddle II, The Road, Twilight, Burning Plain, Calvin Marshal, Management and Untraceable. For more information, contact Oregon Film & Video Office, (503) 229-5832 |
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