The Northern New York Travel & Tourism Research Center has released the results of the 2006 Economic Impact of Expenditures by Tourists on Northern New York study. Or more simply know as the NNYTTRC’s 2nd EIETNNY study. Funny, but just like a good blog post, titles are everything.
Here are some key points from their press release (PDF):
Tourists Make a Billion-Dollar Impact on Northern New York
- Tourists spent almost $1.7 billion while visiting the 10 counties of Northern New York last year
- $187 million in local government revenues
- 37,000 jobs are supported by both direct and indirect tourist dollars
- $147.7 million in total state revenue
- $746 million in wages, salaries and income earned by business owners
- Without these visitor expenditures, overall unemployment in Northern New York in 2006 would have increased to 19 percent, and local residents’ taxes would have increased an estimated $737 per household in order to maintain government services at current levels
- Lower Average Daily Rate, Smaller Party Size, Shorter Length of Stay
- Tourist expediture $1.25 billion, up 3%
- Overnight Person Visits up 3%
- $117 million in local government revenue, up 6%
- $523 million in wages, salaries and income earned by business owners
This second study was conducted by Davidson-Peterson Associates and provides comparative data to the baseline study done in 2003.
The complete results of this study and previous studies are available on the NNYTTRC’s website in PDF format. Each of the 10 Counties – Clinton, Essex, Franklin, Hamilton, Herkimer/Town of Webb, Lewis, Warren, St. Lawrence, Jefferson, and Oswego – has their own detailed report which contain the results for the entire Northern New York study region, the relevant tourism region (Adirondacks and Thousand Islands), and the county. Other comparative tables also available.
“The Northern New York Travel and Tourism Research Center was created in 2001 in response to the need for tourism research and data collection, as expressed by tourism industry professionals and economic developers in the region.”
I encourage everyone to take a look at their other reports, some really interesting data covering many aspects of our region. What a great resource – a big thanks to Laurie and the rest of the staff there!
Bonus for Adirondack Base Camp readers – Slide Summary – (PPT)