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Theme Park Supplier's News of the Week #12 Bolliger Mabillard, MAURER Rides, ETF Ride Systems, Lo-...
Theme Park Supplier's News of the Week #12
World Waterpark Association Success for WWA's 33th Symposium and Trade Show
World Waterpark Association
Hong Kong Disneyland to introdoce Iron Man Experience First major Marvel attraction planned in 2016
Hong Kong Disneyland to introdoce Iron Man Experience
Theme Park Supplier's News of the Week #11 Zamperla, Simworx, Electrosonic, Vortex
Theme Park Supplier's News of the Week #11
Theme Park Industry News Roundup #6 Liseber, Universal Parks and Resorts, IAAPA, Herschend ...
Theme Park Industry News Roundup #6
Premier Rides wins €8 million contract with Plopsa Gr... New launch coaster to open at Holiday Park in 2014
Premier Rides wins €8 million contract with Plopsa Gr...
Theme Park Industry News Roundup #5 Tokyo Disney Resort, Merlin, European Star Awards
Theme Park Industry News Roundup #5
Record anniversary edition for Euro Attractions Show More than 8,500 attendees on a record exhibit floor
Record anniversary edition for Euro Attractions Show
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Latest Industry News

CORPORATEPublished on January 28, 2014 NewsParcs to take an extended break
EVENTPublished on November 10, 2013 IAAPA Attractions Expo 2013 debuts next week in Orlando
CORPORATEPublished on November 10, 2013 Difficult season for Compagnie des Alpes' amusement parks
NEWPublished on October 21, 2013 Theme Park Supplier's News of the Week #12
NEWPublished on October 13, 2013 Theme Park Supplier's News of the Week #11
NEWPublished on October 13, 2013 Theme Park Industry News Roundup – Issue #6
581 articles published » See all articles

Welcome!

NewsParcs is an online trade publication dedicated to theme park industry professionals worldwide.

Since 1998, we work in direct contact with manufacturers, suppliers, consultants, owners and operators to publish only reliable and relevant information.

NewsParcs, connecting the theme park industry!

EAS 2013 NewsParcs will do a full coverage of the IAAPA Attractions Expo 2013 in Orlando to have a look at the latest trends and developments of the global theme park industry.

Follow us on Twitter (@NewsParcs) from November 19 to 22 with the hashtag #IAAPA

Attractions industry remains a significant driver of

the United States economy

Update : 19:32 Published by François Mayné the 16 July 2013, Economy.
In 2011, the attractions industry contributed nearly 219 billion dollars to the U.S economy, while representing nearly 2.3 million jobs in the country. These are the two main discoveries of a study conducted by Oxford Economics, a company specialized in economic analysis, on behalf of the IAAPA Foundation.

Attractions industry contributed in 2011 nearly 219 billion dollars to the U.S economy.According to this study, that particular year about 30,000 attractions impacted directly the American economy with $91 billion (approx €69 billion), an amount that includes direct industry sales ($34 billion), capital expenditures ($5 billion) but also ancillary spending of out-of-town visitors at local establishments outside the attractions, such as hotels, restaurants, and retailers ($52 billion). The industry also generated indirectly $127 billion through the supply chain and the spending of attractions-generated incomes.

Amusement parks represented the largest contribution of the industry with an impact on the U.S. economy of $122 billion including $40 billion in labor income and a total of 1.3 million jobs. They are followed by museums ($36.8 billion), family entertainment centers among with which are counted amusement arcades, bowling centers, ice/roller skating rinks, miniature golf courses, coin-operated amusements and concession operators of amusement rides ($31.6 billion), zoos and wildlife parks including botanical gardens and aquariums ($11.3 billion), water parks ($10.8 billion), historical sites ($3.5 billion) and nature parks ($2.7 billion).

The fiscal impact of the attractions industry is also significant. Indeed in 2011, the sector generated nearly $41 billion of taxes including $22 billion at federal level and $9 billion at local and state levels. Amusement parks/theme parks and water parks contributed $23.1 billion, respectively $12.3 billion for the federal and $10.8 billion for the local/state levels.

The two largest States in terms of impact are Florida and California, precisely where the most popular theme parks of the country are concentrated (in terms of attendance according to the annual ranking established by the TEA and AECOM). Florida, where tourism is the principal economic activity, stands in first position with an impact of $48 billion (including $14 billion of labor income), nearly 490,000 jobs and $9 billion of taxes, including $5 billion for the federal level. California ranks second with an impact of $ 38 billion and nearly 360,000 jobs. Then follow the States of New York ($10 billion), Texas ($7 billion) and Ohio ($6.5 billion) to name only the main ones.

The study was funded by the IAAPA Foundation.The study also shows that, over the period from 2004 to 2011, the attractions industry grew at nearly twice the rate of the overall U.S. economy with an average growth rate of 6% per annum (against 3.5%). In 2004, the industry generated $146 billion, including $61 billion in direct impacts and $85 billion in indirect and induced impacts.

To carry out this survey, Oxford Economics examined a large number of data published by various public and private organizations such as the NAICS (North American Industry Classification System), the U.S. Census Bureau, the Bureau of Labor Statistics (BLS), the Bureau of Economic Analysis (BEA) et the IAAPA Research Studies.

It is possible to obtain a paper copy or a PDF copy of the study by making a donation to the IAAPA Foundation for a minimum of $250 for the members of the leading trade association of the attractions industry (minimum $2,500 for non-members). For more information, please visit IAAPA Foundation's website.
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All Articles(613 articles found)

NewsParcs to take an extended break read more

These past three years have been intense for NewsParcs. Our magazine, which has been dedicated to the global theme parks industry since 1998, underwent major changes to become one of the most appreciated magazines among many...

CORPORATE | NewsParcs - Published on January 28, 2014
IAAPA Attractions Expo 2013 debuts next week in Orlando read more

World theme park capital Orlando is about to welcome the global attractions industry for the 2013 edition of IAAPA Attractions Expo, the annual...

EVENT | IAAPA Attractions Expo - Published on November 10, 2013
Difficult season for Compagnie des Alpes' amusement parks read more

The Compagnie des Alpes leisure parks recorded disappointing financial results during fiscal year 2012/2013 which ended on September 30. The...

CORPORATE | Compagnie des Alpes - Published on November 10, 2013
Theme Park Supplier's News of the Week #12 read more

Our Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world.  This weekly report covers topics such as corporate announcements, financial ...

NEW | Roundup of News - Published on October 21, 2013
Success for the 33th symposium and trade show of the World Waterpark Association read more

The World Waterpark Association (WWA), the global leading water-leisure trade association, has made a positive assessment of its 33th annual...

EVENT | World Waterpark Association - Published on October 21, 2013
Disney to introduce first major Marvel attraction at Hong Kong Disneyland in 2016 read more

When The Walt Disney Company acquired Marvel Entertainment in 2009, its intention was to strengthen its position as a leading global provider...

NEW | Hong Kong Disneyland Resort - Published on October 13, 2013
Theme Park Supplier's News of the Week #11 read more

The NewsParcs' Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world.  This weekly report covers topics such as corporate announcements, ...

NEW | Roundup of News - Published on October 13, 2013
Theme Park Industry News Roundup – Issue #6 read more

Our Industry Roundup is a summary of the latest major news related to the theme park industry worldwide. We report news specifically on operators, owners, trade associations and related organizations, including trends, attendance...

NEW | Roundup of News - Published on October 13, 2013
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