Even low-ball figures estimating the potential economic impact of visitors at the William J. Clinton Presidential Library are promising, according to a study released Wednesday by the University of Arkansas at Little Rock’s Institute for Economic Advancement.

According to the study, if the library meets or exceeds more optimistic estimates, it could have a greater economic impact on its community than any other presidential library.

The report offers two scenarios of success.

If visitation at the Clinton Library is similar to other presidential libraries, the annual impact will be more than $8.65 million, including $4.4 million in local sales, $1.55 million in added wages and salaries, and 94 new full-time jobs.

But if visitation proves in line with the enthusiasm of its promoters and supporters, the impacts could be more than $17.5 million, including $8.9 million in local sales, $3.1 million in added wages and salaries, and 190 new full-time jobs.

The report also considers an additional impact from the cost to operate the library, which could contribute an additional $1.7 million to the Little Rock economy. This would add about 40 jobs, the report said.

Those scenarios do not include the economic impact of employment and staffing at the library, the effects of new businesses and projects brought in by the library, growth at the Statehouse Convention Center, or the more than $160 million its taking to build the library.

Skip Rutherford, president of the William J. Clinton Presidential Library Foundation, called the UALR study “a very encouraging economic report for Little Rock.”

Rutherford also emphasized the importance of considering tourism in developing the project. He said that while some presidential libraries are located in obscure, “sentimental areas,” the foundation aimed to make tourism a large part of the library’s plan.

Rutherford also said the foundation is working to develop partnerships with Elvis Presley’s Graceland and the National Civil Rights Museum. Both Memphis attractions attract more than 1 million visitors each year and are only a two-hour drive from Little Rock.

The library’s grand opening ceremony is Nov. 18. Festivities surrounding the opening are scheduled to begin Nov. 14.