A new economic impact study found that the New York State Park System and its visitors generated spending of about $5 billion, which supported nearly 54,000 jobs within the state of New York and over $2.8 billion in state GDP.
The study, by the Political Economy Research Institute at the University of Massachusetts, was commissioned by the park advocacy group Parks & Trails New York.
The study, Economic Benefits of the New York State Park System, found that from April 2015 to March 2016, the 67 million visits to the New York State park system resulted in about $4 billion in spending by local and non-local visitors. This includes day trips and overnight trips, with visitors spending money on park entrance and use fees, sporting equipment, food and drink, transportation, lodging, and other expenses. Visitor spending has a multiplier effect, as jobs and revenues are created in supporting industries throughout the local economy. The total economic significance of the $4 billion in visitor spending is about 45,000 jobs and $2.4 billion additional state GDP according to the authors of the study. [Read more…] about Study: NYS Park System Supports $5B in Sales, 54k Jobs