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AVIATION DEMAND FORECASTS <br />FIGURE 2-9 <br />HISTORICAL AND FORECAST POPULATION GROWTH RATES <br />2014-2040 <br />1970-2014 <br />0.00%0.50%1.00%1.50%2.00% <br />Compound Annual Growth Rate <br />Lane County MSAOregonUSA <br /> <br />Sources: Woods and Poole Data, 2016; RS&H Analysis, 2016 <br />Economic Characteristics <br />Figure 2-10 represents the variation in key relevant economic index values from 2005 through 2015 for <br />the City of Eugene, using 2015 as the index benchmark. The variation in economic indexes shown in the <br />figure includes changes in: <br />»Population <br />»Labor force <br />»Employment <br />»Per capita income <br />»Consumer Price Index (CPI) <br />»Gross regional product <br />»Passenger volume at EUG <br /> <br />In analyzing the variation trends of the key economic indexes shown in Figure 2-10 with the variation in <br />enplaned passengers for EUG it is evident that the variation in per capita income and gross regional <br />product follow a similar pattern of change. Statistical correlation analysis of enplaned passenger values <br />2 <br />with per capita income and gross regional product values yields coefficients of determination (R) of 0.895 <br />and 0.917 respectively, indicating a close statistical correlation between them. This close correlation tends <br />to indicate that passenger travel at EUG is highly impacted by the economic well-being of the residents <br />and industries in the Airport’s catchment area. <br /> <br /> <br /> <br />EUGENE AIRPORT MASTER PLAN 2-13 <br /> <br />