Page 4: The multiplier effect
The overall impact of an investment into a local economy will be much greater than the size of the initial injection of income. This is because the people who benefit from the initial injection (local workers and local businesses) themselves re-spend much of the income they receive. They also spend much of it locally. This in turn creates further jobs: a multiplier effect is at work. Economists estimate that the existence of Center Parcs has created a further 1,400 jobs over and above the people employed at the centre itself. Because Center Parcs is open all year round, these other jobs are all year round jobs too. The development has avoided the seasonal nature of many jobs associated with tourism and leisure.