Keywords
economic impact, cherry festival, seidman research
Disciplines
Economics | Growth and Development | Regional Economics
Abstract
The National Cherry Festival, July 2-9, 2016, is estimated to have generated or supported economic benefits for Grand Traverse County and Suttons Bay in the following ways:
- $19.0 million increase in economic output
- $11.3 million increase in direct spending
- $5.3 million increase in total earnings
- $1.1 million in new spending by the Cherry Festival organization
- Creating 228 local jobs
- Prompting $66.43 in average daily spending for all visitors
- Bringing $53.00 in per-person, per-day direct spending
ScholarWorks Citation
Grand Valley State University and Glupker, Christian, "The Economic Impact of the 2016 National Cherry Festival" (2016). Other Faculty Publications. 4.
https://scholarworks.gvsu.edu/eco_otherpubs/4
