Travel Industry
The Economic Impact of Travel on Iowa Counties
By the U.S. Travel Data Center
Travel Industry Association of America
Washington D.C.
Background Information
These reports present estimates of the impact of U.S. traveler spending in Iowa. The impact is measured by dollars generated in expenditures, earnings, jobs and tax revenues. These estimates are produced through use of the County Travel Economic Impact Model, a computerized economic model producing estimates of travel spending at the county level, and its impact on employment, wage and salary (payroll) income, and state and local tax revenues.
The County/City Travel Economic Impact Model is an extension of the USTDC/TIA's Travel Economic Impact Model (TEIM) initially developed in 1975 for the U.S. Department of the Interior to indicate the economic value of travel and tourism to states and counties. The original TEIM has been revised substantially based upon more accurate and targeted input data available from governments and the private sector.
The TEIM is based upon national travel surveys conducted by the USTDC/TIA and expenditure data developed by the Bureau of the Census, the USTDC/TIA, various federal agencies and national travel organizations each year. The following estimates of travel's economic impact in Iowa are based upon the most recent version to the TEIM and data available from the U.S. Census Bureau and other sources.
U.S. residents traveling in Iowa includes both state residents and out-of-state visitors traveling away from home overnight in paid accommodations, or on day trips to places 100 miles or more away from home. Travel commuting to and from work; travel by those operating an airplane, bus, truck, train or other form of common carrier transportation; military travel on active duty; and travel by students away at school, are all excluded from the model. In addition, the payroll and employment estimates represent impact generated in the private sector and exclude public-supported payroll and employment.
Since additional data relating to travel and its economic impact will become available subsequent to these studies, the USTDC/TIA reserves the right to revise these estimates in the future.
|
By city or region