travel more than 50 miles or stay overnight, 83 million travel less than 50 miles or do not stay overnight, and 5 million are international travelers • Of the 205 million attendees, 162 million are delegates, 18 million are exhibitors, and 25 million are others, including event organizers, staff, press, etc.
• The meetings industry contributes $263 billion in direct spending to the U.S. economy
• Of the $263 billion, $151 billion is meeting planning and production related
• Of the $263 billion, $113 billion is travel and tourism related
• The $113 billion in travel and tourism spending is 16% of the $708 billion travel and tourism sector in the U.S. • Delegates, exhibitors, and other attendees spend $145 billion on attendance-related items, the majority (46%) on registration fees, accommodations (17%), and food and beverage (13%); other industries supported include air transportation (9%), retail (3%), gasoline (3%), entertainment/recreation (3%), car rental (3%), and urban transit (1%)
• The meetings industry’s direct contributions to GDP are $106 billion • Meetings’ $106 billion contribution to the U.S. GDP is greater than, for example, auto manufacturing ($78 billion), performing arts/spectator sports/museums ($71 billion), and information and data processing services ($76 billion)
• Combined direct, indirect, and induced effects of the meeting industry to GDP
www.MidwestMeetings.com
total $458 billion
• 1.7 million U.S. jobs are directly supported by the meetings industry • $60 billion in U.S. labor income is directly generated by the meetings industry
• Direct employment contributed is more than, for example, broadcasting and telecommunications (1.3 million), truck and rail transportation (1.5 million), and computer systems design and related services (1.4 million)
• Direct employment supports the meetings industry (organizers, venues) as well as tourism industries such as food and beverage, accommodation, transportation, recreation/ entertainment, retail, travel services, and more
• Combined direct, indirect, and induced effects of the meetings industry support 6.3 million U.S. jobs
• Combined direct, indirect, and induced effects of the meetings industry result in $271 billion in U.S. labor income
• $14.3 billion in federal tax revenue is directly generated by the meetings industry
• Combined direct, indirect, and induced effects of the meetings industry result in $64 billion in federal tax revenue • $11.3 billion in state and local tax revenue is directly generated by the meetings industry
• Combined direct, indirect, and induced effects of the meetings industry result in $46 billion in state and local tax revenue
For more information, visit
www.conventionindustry.org.
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