Carolina Public Press: WCU economist estimates fed shutdown costs NC, Tenn. $33 million

Carolina Public Press reports this news from Western Carolina University:

A Western Carolina University economist estimates that the first 10 days of the partial shutdown of the federal government cost more than $33 million in lost visitor spending in the 18 North Carolina and Tennessee counties located within 60 miles of Great Smoky Mountains National Park.

The shutdown prompting the closure of popular park campgrounds and visitor centers has resulted in more than $12 million in lost wages for workers, $1.8 million in lost state taxes and $1 million in lost local taxes for municipalities and counties, the WCU study indicates.

Steve Morse, director of WCU’s Hospitality and Tourism Program, shared the results of his analysis of economic impact of the closure of Great Smoky Mountains National Park during a joint legislative luncheon hosted by the Gatlinburg (Tenn.) Convention and Visitors Bureau and the Gatlinburg Hospitality Association on Friday, Oct. 11….

SHARE

Before you comment

The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.

Leave a Reply

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.