Page 8 Background and Methodology Dealership financial data (and other information cited in the report) was collected from a detailed survey sent to all new vehicle automotive retailers in Texas. Other sources include Bureau of Labor Statistics and National Automobile Dealers Association. Economic impact is separated into two main categories: direct and indirect. Direct impact comprises economic activity at automotive dealerships themselves, such as dealership employment and compensation to employees. Indirect impact occurs away from the dealership, and takes into account the extended contribution dealerships and their employees make to the Texas economy. This report was prepared by Auto Outlook, Inc., a regional automotive market analysis firm providing market research services to automotive dealers. Jeffrey Foltz, the President of Auto Outlook, Inc., obtained a Masters Degree in Economics from the University of Delaware and has conducted many research projects analyzing state and regional economies. Texas Automobile Dealers Association 1108 Lavaca Street Suite 800 Austin, TX 78701 512.476.2686 www.tada.org 47 DEALERS’ CHOICE
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