Economic and Fiscal Impact Report of Samsung Austin Semiconductor

This report provides an economic impact analysis conducted by Impact DataSource, LLC, focusing on Samsung Austin Semiconductor, LLC's influence on the Central Texas economy during 2024. The analysis aims to quantify the economic contributions of Samsung's Austin and Taylor campuses, detailing the revenue generated for local governments and the overall economic output. In 2024, the campuses contributed approximately $19.8 billion to the local economy, supporting 38,498 jobs and generating $2.6 billion in salaries. The report outlines the economic impacts of operations and construction activities, emphasizing the decrease in overall spending due to soft market conditions in the semiconductor industry. It also includes specific data on direct and indirect economic impacts, local operating expenditures, and the contributions of out-of-town visitors. The report serves as a comprehensive resource for understanding the economic significance of Samsung's operations in the region.