The Colorado River supports a quarter million jobs and produces $26 billion in economic output from recreational activities alone, drawing revenue from the 5.36 million adults who use the Colorado River for such activities each year. Colorado River Basin Source: U.S. Department of the Interior, Bureau of Reclamation
The Colorado River supports a quarter million jobs and produces $26 billion in economic output from recreational activities alone, drawing revenue from the 5.36 million adults who use the Colorado River for such activities each year. Colorado River Basin Source: U.S. Department of the Interior, Bureau of Reclamation
Upper Basin The Upper Colorado River Basin is the source of about 90% of the water in the Colorado River System, and is critical to the water supplies of Denver, Las Vegas, Phoenix, Tucson, Los Angeles, and San Diego, as well as to important agricultural areas. Source: Colorado Water Conservation Board
Upper Basin The Upper Colorado River Basin is the source of about 90% of the water in the Colorado River System, and is critical to the water supplies of Denver, Las Vegas, Phoenix, Tucson, Los Angeles, and San Diego, as well as to important agricultural areas. Source: Colorado Water Conservation Board
As water demand for municipal and agricultural purposes increases to serve the needs of growing populations, ensuring the availability of water for nonconsumptive uses such as the environment, recreation, and hydropower becomes increasingly challenging. Increasing Demand Source: Colorado River Basin Water Supply and Demand Study
As water demand for municipal and agricultural purposes increases to serve the needs of growing populations, ensuring the availability of water for nonconsumptive uses such as the environment, recreation, and hydropower becomes increasingly challenging. Increasing Demand Source: Colorado River Basin Water Supply and Demand Study
Population Upper Basin States 2014 0.58M 2.94M 5.36M 2.09M Source: U.S. Census Bureau, population estimates as of July 1 of each year
Population Growth State Comparisons 2013-2014 2.5% 2.0% 1.5% 1.4% 1.6% 1.0% 0.5% 0.0% -0.5% -0.1% 0.2% United States: 0.7% West Virginia Illinois Connecticut Alaska New Mexico Vermont Pennsylvania Mississippi Maine Michigan Wyoming Rhode Island Ohio Wisconsin New York Arkansas Kansas New Jersey Missouri Kentucky New Hampshire Alabama Indiana Louisiana Iowa Massachusetts Maryland Oklahoma Minnesota Nebraska Virginia Hawaii Tennessee Montana South Dakota North Carolina California Georgia Oregon Delaware Washington South Carolina Idaho Utah Arizona Florida Colorado Texas Nevada North Dakota Source: U.S. Census Bureau, population estimates as of July 1 of each year, 2013-2014
Population Growth Upper Basin State Comparisons 2013-2014 +0.2% +1.4% +1.6% -0.1% Source: U.S. Census Bureau, population estimates as of July 1 of each year, 2013-2014
Population Growth Upper Basin State Comparisons 2004-2014 +14.7% +22.5% +17.1% +9.5% Source: U.S. Census Bureau, population estimates as of July 1 of each year, 2004-2014
Employment Upper Basin States 2014 0.29M 1.37M 2.51M 0.83M Source: U.S. Bureau of Labor Statistics, estimates as of Q3 2014
Employment Growth State Comparisons 2014-2015 5.0% 4.0% 4.0% 3.0% 2.0% 1.0% 0.0% 0.4% United States: 2.2% 1.5% 2.5% -1.0% West Virginia Montana Wyoming Louisiana Missouri Kansas Maine New Hampshire Mississippi Rhode Island Alaska Illinois Virginia Hawaii Nebraska New Jersey Pennsylvania Connecticut Ohio Alabama New York Oklahoma New Mexico Iowa Minnesota South Dakota Maryland Wisconsin Delaware Massachusetts Tennessee Kentucky Indiana Vermont Arkansas Arizona Michigan Colorado North Carolina North Dakota Texas Idaho South Carolina Georgia California Nevada Oregon Florida Washington Utah Source: U.S. Bureau of Labor Statistics, Establishment-Based Employment Growth, April 2014 vs. April 2015, Not Seasonally Adjusted
Employment Growth Upper Basin State Comparisons 2014-2015 +0.4% +4.0% +2.5% +1.5% Source: U.S. Bureau of Labor Statistics, Establishment-Based Employment Growth, April 2014 vs. April 2015, Not Seasonally Adjusted
Employment Growth Upper Basin State Comparisons 2005-2015 +14.0% +21.9% +13.9% +4.1% Source: U.S. Bureau of Labor Statistics, Establishment-Based Employment Growth, April 2005 vs. April 2015, Not Seasonally Adjusted
Unemployment Rate State Comparisons April 2015 8.0% 6.0% 4.0% 3.4% United States: 5.4% 4.1% 4.2% 6.2% 2.0% 0.0% Nebraska North Dakota Utah South Dakota Vermont Minnesota Idaho Iowa New Hampshire Montana Hawaii Oklahoma Wyoming Colorado Texas Kansas Wisconsin Delaware Maine Massachusetts Virginia Kentucky Ohio Oregon Maryland Pennsylvania Indiana Michigan North Carolina Washington Florida Arkansas Missouri New York Alabama Arizona Illinois Tennessee Rhode Island New Mexico California Connecticut Georgia New Jersey Louisiana Mississippi Alaska South Carolina West Virginia Nevada Source: U.S. Bureau of Labor Statistics, Seasonally Adjusted
Unemployment Rate 2005-2015 10.0% 8.0% 6.0% 4.0% 6.2% 4.2% 4.1% 3.4% 2.0% 0.0% '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 Colorado New Mexico Utah Wyoming Source: U.S. Bureau of Labor Statistics, Seasonally Adjusted
Private Businesses Upper Basin States 2014 24.1K 87.3K 177.5K 53.6K Source: U.S. Bureau of Labor Statistics, estimates as of Q3 2014
Gross Domestic Product Upper Basin States 2014 $44B $141B $307B $93B Source: U.S. Department of Commerce, Bureau of Economic Analysis
Source: Arizona State University, Study on Economics of the River
Gross Domestic Product State Comparisons 2014 Billions $2,500 $2,000 $1,500 $1,000 $500 $0 United States Average: $344.02 $44.19 $92.96 $141.41 $306.66 Vermont Wyoming Montana South Dakota Rhode Island North Dakota Maine Alaska Delaware Idaho New Hampshire West Virginia Hawaii New Mexico Mississippi Nebraska Arkansas Nevada Utah Kansas Iowa Oklahoma Kentucky South Carolina Alabama Oregon Louisiana Connecticut Arizona Missouri Wisconsin Tennessee Colorado Minnesota Indiana Maryland Washington Michigan Massachusetts Virginia Georgia North Carolina New Jersey Ohio Pennsylvania Illinois Florida New York Texas California Source: U.S. Department of Commerce, Bureau of Economic Analysis
Personal Income Upper Basin States 2014 $33B $113B $266B $80B Source: U.S. Bureau of Economic Analysis
Personal Income Per Capita State Comparisons 2014 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 $37,605 $37,766 United States: $46,129 $48,730 $54,810 Mississippi West Virginia South Carolina Alabama Idaho New Mexico Kentucky Arkansas Utah Arizona Georgia Indiana North Carolina Nevada Michigan Montana Tennessee Missouri Oregon Maine Louisiana Ohio Florida Oklahoma Wisconsin Iowa Texas Kansas Delaware South Dakota Hawaii Nebraska Vermont Pennsylvania Illinois Minnesota Colorado Rhode Island Washington Virginia California Alaska New Hampshire Wyoming North Dakota Maryland New York New Jersey Massachusetts Connecticut Source: U.S. Bureau of Economic Analysis
Source: Arizona State University, Study on Economics of the River
WATER RESOURCE RISKS
Drought s Economic Consequences The Colorado River generates $871 billion in wages and labor income in the Basin Region every year. All business sectors risk economic losses if we mismanage this valuable resource. Source: Arizona State University, Study on Economics of the River
Drought s Economic Consequences The Colorado River generates $871 billion in wages and labor income in the Basin Region every year. All business sectors risk economic losses if we mismanage this valuable resource. Source: Arizona State University, Study on Economics of the River
Water Shortage Impacts
WATER RESOURCE STABILITY
FACT: The Colorado River Basin covers about 246,000 square miles and supplies water to more than 40 million people. Source: USGS, National Water Census
FACT: The Colorado River Basin covers about 246,000 square miles and supplies water to more than 40 million people. Source: USGS, National Water Census
FACT: The Colorado River irrigates nearly 5.5 million acres of crops, and supplies hydropower that generates more than 10 billion kilowatthours annually. Source: USGS, National Water Census
FACT: The Colorado River irrigates nearly 5.5 million acres of crops, and supplies hydropower that generates more than 10 billion kilowatthours annually. Source: USGS, National Water Census
Protecting More Than Just Water $1.4 TRILLION $871 BILLION 16 MILLION ECONOMIC ACTIVITY WAGES JOBS Source: Arizona State University, Study on Economics of the River
Top 5 Private Sectors Affected By Water Shortfall For One Year $174.3 billion Real Estate and Rental $148.6 billion Healthcare and Social Services $137.1 billion Finance and Insurance $130.6 billion Professional, Scientific and Technical Services $96.2 billion Retail Trade Source: Arizona State University, Study on Economics of the River
Estimates of Total Economic Impacts Based on Future Water Loss Source: Arizona State University, Study on Economics of the River
Utah s $136 billion economy is remarkably complex and interwoven. The outputs of one industry become the inputs of another. Water resource instability in one sector runs the very real risk of destabilizing others. DIRECT IMPACT INDIRECT IMPACT Source: The Utah Governor's Office of Planning and Budget and Applied Analysis
Water Productivity (in GDP Per Cubic Meter of Freshwater) $54 $37 $7 $14 $20 $21 $25 Wyoming World Colorado New Mexico Utah Nevada California Source: The World Bank, U.S. Bureau of Economic Analysis, U.S. Geological Survey, Applied Analysis
Water Productivity Exc. Irrigation (in GDP Per Cubic Meter of Freshwater) $176 $203 $65 $91 $112 $117 $142 United States Nevada Utah Wyoming New Mexico Colorado California Source: U.S. Bureau of Economic Analysis, U.S. Geological Survey, Applied Analysis
THE BOTTOM LINE
Water resources are an essential element of economic development and diversification. Ensuring water resources is critical to protecting the Basin Region s economies. A comprehensive, master-planned approach is necessary and appropriate.