Columbia International Affairs Online: Working Papers

CIAO DATE: 11/2009

The Economic Impact of Tourism and the I Love New York Campaign

November 2006

Oxford Economics

Abstract

* Tourism directly generates 4.5% of the state's employment base.

* With the inclusion of indirect and induced impacts, tourism is the catalyst for 707,266 jobs, or 6.7% of all non-farm employment.

* New York City is the largest single tourism region with 62% of state tourism sales.

* New York City, Long Island and Hudson Valley together comprise nearly 80% of New York State tourism sales.

* Tourism is an integral part of every region's economy, generating at least 6% of employment.