POST Online Media Lite Edition



 

Convenience distribution industry adds $100bn to U.S. economy

Christian Fernsby |
The convenience distribution industry has an overall impact on the overall U.S. economy reaching into the billions.

Article continues below




As detailed in the report, total business sales economy-wide supported by convenience distribution sector activities totaled more than $102 billion of overall spending in the United States in 2017, according to a new report by the Convenience Distribution Association (CDA).

Distributors directly employ nearly 59,000 people across the U.S., with an additional 114,000 jobs supported in the sector's supply chain and through employee spending.

Looking at specific numbers, the report found the convenience distributor industry's contributions to the economic and fiscal activities include:

$30 billion in tobacco excise tax collected;
$13 billion in sales output throughout the U.S. economy;
$8.2 billion in new economic activity;
$4.5 billion in labor income; and
$2.3 billion in total tax collected by federal, state and local governments.


What to read next

1 in 9 Americans worked at a convenience store
Highlights: February 5 - February 10, 2018
Highlights: October 13, 2014 - October 17, 2014