Multiplier Effect
The term “multiplier effect” as it pertains to the local economy and wind project development describes how increased spending in one part of a economy starts a chain reaction that results in an overall increase in economic activity. When a consumer spends money to buy goods or services at a local business, the local business will, in turn, spend some of this money locally on additional goods and services, and the local providers of these goods and services will likewise spend some of this money locally.
