the April 2009 Issue in PDF Format - Trade Show Executive
the April 2009 Issue in PDF Format - Trade Show Executive
the April 2009 Issue in PDF Format - Trade Show Executive
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<strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong>’s Research Roundup Sponsored by SMG<br />
Economic Impact of Exhibitions<br />
Cont<strong>in</strong>ued from page 47<br />
In <strong>the</strong> United States, meet<strong>in</strong>gs and events are directly<br />
responsible for one million of <strong>the</strong><br />
2.4 million jobs created by bus<strong>in</strong>ess travel, and generate<br />
$27 billion <strong>in</strong> wages.<br />
Source: U.S. Travel Association, <strong>2009</strong><br />
If <strong>the</strong> one million jobs generated by meet<strong>in</strong>gs and<br />
events were to be lost, <strong>the</strong> U.S. unemployment rate<br />
would rise more than a half of a percentage po<strong>in</strong>t from<br />
7.6%<br />
to<br />
8.2%<br />
15%<br />
Meet<strong>in</strong>gs and events account for 15% of all travel-related<br />
spend<strong>in</strong>g. With that <strong>in</strong> m<strong>in</strong>d, bus<strong>in</strong>ess travel alone accounts for<br />
$240 billion <strong>in</strong> spend<strong>in</strong>g and $39 billion <strong>in</strong> tax revenue at <strong>the</strong><br />
Federal, state and local levels.<br />
Source: U.S. Travel Association, <strong>2009</strong><br />
Source: U.S. Travel Association, <strong>2009</strong><br />
$1,071.63<br />
Average economic impact of a trade show attendee on<br />
<strong>the</strong> local economy at U.S. exhibitions <strong>in</strong> 2008.<br />
Source: Dest<strong>in</strong>ation Market<strong>in</strong>g Association International (DMAI),<br />
2005 study adjusted for <strong>in</strong>flation<br />
48 <strong>April</strong> <strong>2009</strong> <strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong> www.<strong>Trade</strong><strong>Show</strong><strong>Executive</strong>.com