Business Briefs

Tourism Adds $465M to Durham Economy

Posted February 7, 2008

Map Marker  Find News Near Me

— Tourism had a $465 million impact on Durham's economy in 2006, according to a new study.

The total included $335 million in direct benefits, $61 million in indirect benefits – suppliers to the tourism industry – and about $68 million in benefits as wages of those in the tourism industry ripple through the economy, according to an analysis by Global Insight.

The study also noted that Durham lost another $544 million in economic impact when visitors are sent to other area communities, businesses buy supplies from outside the city and wages are spent elsewhere by tourism workers.

Comments

This story is closed for comments.

Oldest First
View all