Economic Impact Study: State-by-State Results

Economic Impact Study: State-by-State Results

CHS commissioned business consulting firm Ernst & Young (EY) to take an in-depth look at the company’s economic impact on in America. The firm analyzed data including CHS U.S. sales, earnings, employment, patronage to owners and capital expenditures. 

EY found CHS economic activity supported more than 60,700 jobs directly and indirectly, far exceeding the company’s 12,100 employees.
 
“That means for every job CHS creates itself, there are four more jobs supported indirectly in the community as a result of the economic activity from the cooperative system,” Carl Casale, CHS president and chief executive officer, said. “This ‘job multiplier’ factor far surpasses that of other sectors of the economy.” 

The report, based on CHS fiscal 2014 data, showed CHS $33.45 billion in gross global business in the U.S. translated to direct gross economic output of nearly $18.5 billion dollars locally. In addition, each $1 million of CHS economic output supported an additional $600,000 in output for other U.S. businesses. The study analyzes CHS economic data and impact for all U.S. states and every congressional district. For more details visit www.valueofthecoop.com.

Take a look at the state-by-state impact of CHS:

Alabama  Hawaii  Massachusetts  New Mexico  South Dakota 
Alaska Idaho Michigan  New York Tennessee 
Arizona  Illinois  Minnesota North Carolina Texas
Arkansas  Indiana  Mississippi North Dakota  Utah
California  Iowa  Missouri Ohio  Vermont 
Colorado  Kansas  Montana  Oklahoma  Virginia
Connecticut   Kentucky  Nebraska  Oregon  Washington
Delaware  Louisiana   Nevada Pennsylvania West Virginia  
Florida Maine  New Hampshire   Rhode Island  Wisconsin 
Georgia  Maryland  New Jersey  South Carolina    Wyoming