|Economic Contribution of the Chesapeake Bay Gateways and Watertrails Network to Local Economies available from National Park Service Chesapeake Bay Office|
Annapolis, MD (01/31/12) -
The National Park Service Chesapeake Bay Office has released the report “Economic Contribution of the Chesapeake Bay Gateways and Watertrails Network to Local Economies.” The economic assessment was sponsored in partnership with the Chesapeake Conservancy; the principal economic investigator was Dr. Daniel J. Stynes of Michigan State University.
The Chesapeake Bay Gateways and Watertrails Network (CBGN) contributes to the economy of the area by attracting visitors. Visitor spending supports jobs and payrolls in a variety of businesses, especially in the lodging, food service, transportation, amusements and retail sectors. Through secondary effects this spending benefits a much broader array of businesses in the region.
The report assesses the contribution of CBGN to the region’s economy in terms of sales, income and jobs. The report includes analysis of statewide tourism studies and case studies of thirteen Gateways sites to estimate economic impacts associated with spending by visitors to CBGN sites.
For more information contact: Cindy Chance