|Raleigh, N.C. - North Carolina Secretary of Commerce Anthony M. Copeland announced today that North Carolina tourism generated record visitor spending in 2016 with a total of $22.9 billion, a 4.3 percent increase from 2015. Additionally, tourism industry-supported employment topped 218,000 jobs to set another record for the state.
“Nearly 50 million people from across the United States visited North Carolina destinations last year,” Secretary Copeland said. “The money they spent supported 218,340 jobs and more than 45,000 businesses.”
Secretary Copeland applauded the growth in direct tourism employment, which was up 3.2 percent from 2015. Payroll income grew even more, increasing 5.9 percent to top $5.5 billion.
The figures are from research commissioned by Visit North Carolina, a unit of the Economic Development Partnership of North Carolina (EDPNC), and conducted by the U.S. Travel Association. Other findings from the study showed state tax receipts from visitor spending rose 5.2 percent to nearly $1.2 billion. Visitors spent nearly $63 million per day in North Carolina last year and contributed about $5.1 million per day in state and local tax revenues as a result of that spending. The complete study can be found online at partners.visitnc.com/economic-impact-studies.
“The tourism industry’s success is shared across North Carolina,” said Wit Tuttell, Vice President for Tourism at EDPNC. “Tourism means jobs in all of the state’s 100 counties. In addition, each North Carolina household saves $497 annually in state and local taxes as a result of tax revenue generated by visitor spending.”
Travel and Tourism Week in North Carolina is part of National Travel and Tourism Week. The state’s nine Welcome Centers will host activities throughout the week.
• Domestic travelers spent a record $22.91 billion in 2016, up from $21.96 billion in 2015. That’s an increase of 4.3 percent.
• Visitors to North Carolina generated about $3.6 billion in federal, state and local taxes in 2016. That total represents a 4.8 percent increase from 2015.
• State tax receipts as a result of visitor spending rose 5.2 percent to nearly $1.2 billion in 2016.
• Local tax receipts from visitor spending grew 4.8 percent to $692.8 million.
• Direct tourism employment in North Carolina increased 3.2 percent to 218,340.
• Direct tourism payroll increased 5.9 percent to nearly $5.6 billion.
• Visitors spend more than $62.7 million per day in North Carolina. That spending adds $5.14 million per day to state and local tax revenues (about $3.2 million in state taxes and $1.9 million in local taxes).
• Each North Carolina household saves $497 in state and local taxes as a direct result of visitor spending in the state.
• More than 45,000 businesses in North Carolina directly provide products and services to travelers, with travelers directly contributing more than 26 percent to their total products and services.
• For every $1 invested in paid media advertising by Visit North Carolina (a unit of the Economic Development Partnership of North Carolina), the state receives $184 in new visitor spending, $9 in new state taxes and $6 in new local taxes.
• For every $1.21 invested by Visit North Carolina in paid media advertising, one trip is generated to the state.
• North Carolina enjoys a 15-to-1 return on investment of tax dollars invested in paid media advertising through Visit North Carolina.