The Economic Impact of Expenditures By Travelers On Minnesota’s Northcentral/West Region and The Profile of Travelers June 2007 – May 2008
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The Economic Impact of Expenditures By Travelers On Minnesota’s Northcentral/West Region and The Profile of Travelers June 2007 – May 2008
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2008
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Davidson-Peterson Associates
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Report
Abstract
This is the second report of the Economic Impact of Traveler Expenditures on the Northcentral/West Region prepared by Davidson‐Peterson Associates. The research approach employed is designed to capture economic impact data (i.e., economic impact of traveler expenditures on the state of Minnesota) and traveler profile data concurrently. This report covers traveler expenditures made in the Northcentral/West Region during the 12‐month period from June 2007 through May 2008. A similar 12‐ month study was conducted for same period in 2005‐2006.
The primary purpose of this study is to measure the economic benefits the Northcentral/West Region residents and governments derive from the dollars spent by travelers in the region across a 12‐month time period.
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Davidson‐Peterson Associates was hired to conduct a year‐long study which was a joint project with Explore Minnesota Tourism, the University of Minnesota Tourism Center* and the Minnesota Arrowhead, Minnesota Heartland and Southern Minnesota Tourism associations and the Metro Tourism Committee. Davidson‐Peterson Associates was commissioned to conduct a “bottom‐up” analysis of traveler expenditures in Minnesota and their impact on the economy of the state during the period June 2007 through May 2008. (See Appendix A, Sections A through C for details on the “bottom‐up” approach.)
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Davidson-Peterson Associates. (2008). The Economic Impact of Expenditures By Travelers On Minnesota’s Northcentral/West Region and The Profile of Travelers June 2007 – May 2008. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/169603.
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