Disciplines

Business | Economics

Abstract

SUMMARY OF ECONOMIC IMPACT

  • There were 69,543 visitors to the White River in the past year, with 35,329 visitors coming from outside the local region.
  • The local primary river users visited the river 49.3 times per year and nonlocal primary river users visited the river 14.7 times per year.
  • The nonlocal primary river users averaged $15.84 in spending per person, per day, resulting in $9.0 million in total direct spending.
  • The nonlocal primary river users generated $8.3 million in economic output, adding $4.2 million to the local GDP, and support for 80 jobs.
  • There was $75,539 in additional tax revenue generated by the nonlocal primary river users.
  • Local businesses added $538,000 in economic output, with support for 34 jobs.
  • The total economic impact, including local users and businesses, is valued at $20 million in economic output and support for 223 jobs.
  • The hedonic valuation is estimated at $25.0 million

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