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Devil's Tower Tourism Good for Economy
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Devil's Tower Tourism Good for Economy

Study finds Devils Tower tourism benefits local economy of $38.2 million


News Release - May 28, 2019

DEVILS TOWER NATIONAL MONUMENT, Wyo. - A new National Park Service report shows that 468,215 visitors to Devils Tower National Monument in 2018 spent $30 million in communities near the park. That spending supported 414 jobs in the local area and had a cumulative benefit to the local economy of $38.2 million.

“The nation’s first national monument welcomes visitors from across the country and around the world,” said Amnesty Kochanowski Superintendent Devils Tower National Monument. “We are delighted to share the stories of Devils Tower and the experiences it provides. The Tower also introduces many visitors to Northeast Wyoming and all that it offers. National park tourism is a significant driver in the national economy, returning $10 for every $1 invested in the National Park Service, and it’s a big factor in the economy of the Black Hills region as well. We appreciate the partnership and support of our neighbors and are glad to be able to give back by helping to sustain our local communities.”

The peer-reviewed visitor spending analysis was conducted by economists Catherine Cullinane Thomas and Egan Cornachione of the U.S. Geological Survey and Lynne Koontz of the National Park Service. The report shows $20.2 billion of direct spending by more than 318 million park visitors in communities within 60 miles of a national park. This spending supported 329,000 jobs nationally; 268,000 of those jobs are found in these gateway communities. The cumulative benefit to the U.S. economy was $40.1 billion.

Lodging expenses account for the largest share of visitor spending, about $6.8 billion in 2018. Food expenses are the second largest spending area and visitors spent $4 billion in restaurants and bars and another $1.4 billion at grocery and convenience stores.

Visitor spending on lodging supported more than 58,000 jobs and more than 61,000 jobs in restaurants. Visitor spending in the recreation industries supported more than 28,000 jobs and spending in retail supported more than 20,000 jobs.

Report authors also produce an interactive tool that enables users to explore visitor spending, jobs, labor income, value added, and output effects by sector for national, state, and local economies. Users can also view year-by-year trend data. The interactive tool and report are available at the NPS Social Science Program webpage: https://www.nps.gov/subjects/socialscience/vse.htm.

To learn more about Devils Tower National Monument visit Devils Tower website, Devils Tower Facebook, Devils Tower Twitter, and Devils Tower Instagram.

 



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