Travel & Tourism Brings $1.18 Billion in Economic Impact to the LBI Region in 2011
October 25th, 2012 |
Recent research conducted by Rockport Analytics shows that visitors to the Long Beach Island area of Ocean County, New Jersey spent a total of 1.2 billion in 2011, resulting in value added of $1.8 billion to the local economy. Tourism activity supported over 20,000 jobs in the region including over 15,000 jobs that directly support visitation. Additionally, tourism supported jobs in sectors of the local economy not normally associated with tourism such as professional and business services and administrative services. In total, visitors to the LBI region contributed $299 million in tax revenue including $133 million in federal tax revenue, $69 million in state tax revenue and $97 million in local tax revenue. Learn more.