Report shows Yellowstone has $382 million economic impact
(Yellowstone National Park, Wyo.) – A new National Park Service report shows that 3,188,030 visitors to Yellowstone National Park in 2013 spent almost $382 million in communities surrounding the park. That spending supported 5,300 jobs in the area.
The report shows $14.6 billion of direct spending by 273.6 million park visitors in communities within 60 miles of a national park. This spending supported more than 237,000 jobs nationally, with more than 197,000 jobs found in these gateway communities, and had a cumulative benefit to the U.S. economy of $26.5 billion.
According to the 2013 economic analysis, most visitor spending was for lodging (30.3 percent) followed by food and beverages (27.3 percent), gas and oil (12.1 percent), admissions and fees (10.3 percent) and souvenirs and other expenses (10 percent).
The largest jobs categories supported by visitor spending were restaurants and bars (50,000 jobs) and lodging (38,000 jobs).
The peer-reviewed visitor spending analysis was conducted by U.S. Geological Survey economists for the National Park Service. It allocates 51 percent of Yellowstone’s total impact to the State of Montana and 49 percent to the State of Wyoming.
To download the report, visit http://www.nature.nps.gov/
–Provided by Yellowstone National Park