Guide to Economic Data on WWW to
Support
Economic Impact Analyses
It is useful to compare economic impact estimates with broader
estimates
of economic activity in an area. For example, if you have used the MGM2
or
MITEIM models to estimate spending and economic impacts of park
visitors
or some other group of tourists to an area, you may want to assess what
portion
of tourism spending/jobs in the region a particular attraction or event
represents
or how important the park or tourism is to the local economy.
Impacts
of a particular park or activity are best understood first, within the
context
of all tourism activity in an area, and then in terms of the importance
of
tourism relative to other economic sectors. Comparison of income
from
park visitors with tourism income or overall income in a region can
help validate
your impact estimates. For example, predicted hotel sales (jobs or
income)
from visitors to a particular park shouldn't exceed overall hotel sales
(jobs
or income) in the area. The percentage of hotel sales, income, or
jobs
being attributed to a particular park, facility or activity should be
reasonable,
taking into account the relative importance of the park, facility, or
activity
in filling hotel rooms. If a park is the single primary tourist
attraction
in an area, park visitors may account for 80% or more of overall hotel
sales,
while the park share will be much smaller if there are many other
generators
of room nights in hotels including business travel, conventions, and
other
tourist attractions in the area.
A great deal of economic data for local areas is now available on the
WWW.
One simply needs to know where to find it, exactly what the data
represents,
and how to use it. Most useful are estimates of jobs or income that are
broken
down by economic sector and are available at a county level. The four
most
useful sectors for recreation and tourism analysis are lodging,
restaurants,
amusements and retail trade. Economic data prior to 2000 is usually
reported
by SIC sectors, while more recent data uses the NAICS industry
classification
system (Learn about NAICS).
To identify tourism industries, data must be disclosed at a two-digit
SIC
level or finer.
A useful guide to sources of regional economic data is: Socioeconomic
Data
for Understanding Your Regional Economy: A User's Guide.
The primary federal government sources of economic data are listed
below with
a brief summary of what is available at each site and some help in
navigating
the websites. Note that most of these sites require a Java enabled
browser
to choose and display the requested tables. Most have an option to
download
the data in readable format (csv, excel etc.) or view as HTML tables.
Be aware
that the sites frequently change making it difficult sometimes to find
the
same data you downloaded last year or for me to keep up with the
changes.
Bureau of Economic Analysis (BEA)
For State level analysis, estimates of Gross State product may
be downloaded. These cover value added components (employee
compensation,
indirect business taxes and property type income) by industry.
Note
that 2001 data is not yet disclosed below the one-digit level, but
estimates
for 2000 and earlier are. (Navigation: Under Regional choose
Gross
State Product, then Interactive Tables, and choose components, state,
industries
and year.
County level Income and employment data. BEA's Regional
Economic
Information System (REIS) is an excellent source of employment and
income
estimates for local areas. BEA REIS coverage is more complete than BLS
"covered
employment" figures, but since (Navigation: Under
Regional,
Choose State and Local Personal Income, Local Area Annual Estimates,
Interactive
Tables, In Step 1 choose detailed county annual tables by NAICS for
2001 or
SIC for earlier years going as far back as 1969.). Select either
employment
data income data. Income data is available for fairly detailed sectors
while
employment is reported in more aggregate categories. For example
lodging and
restaurant income are reported separately but employment data is only
available
for the combined NAICS sector.
Regional Multipliers : See the BEA Regional Multipliers section
for
sectors included and ordering information. BEA produces multipliers for
local areas using their RIMS II input-output model. Multipliers for any
region
consisting of one or more counties can be purchased for $275 per
region.
The RIMS II User handbook provides an explanation and sample
applications
of multipliers. MIG, INC also will produce multipliers from their
IMPLAN
input-output modeling system.
Other: BEA also reports national level data for particular
industries,
including tourism satelite accounts. Local area estimates of transfer
payments
are available by SIC as part of the local area income reports.
Bureau of Labor Statistics (BLS)
Useful data at BLS website include price indices, consumer
expenditures
and especially BLS's detailed employment estimates. The BLS site can be
confusing
to navigate so we provide direct links to the NAICS and SIC based
estimates
of "covered employment" below. (Navigation: From BLS home, find
"State
and County employment" in the Employment & Unemployment section. In
the
Get Detailed statistics section select from NAICS or SIC under "Create
customized
tables (one screen).
SIC data is available from 1997-2000 and NAICS for 2001. There are more
finely
defined sectors within the suggested groups. If data is not disclosed
at the
finer detail, try the more aggregate
sectors. Remember that individual firms are classified based on their
primary
product or service, so in the SIC data a ski area may be
classified
as a hotel if that is the largest revenue source or as an
amusement.
The classification of service sectors is improved in the NAICS system
for
example, distinguishing B&B's and hotels with casinos as separate
lodging
categories and including a distinct "skiing facilities" sector #71392.
However,
keep in mind that each business must be classified in only one category
so
firms that provide skiing in winter, golf in the summer, and operate a
year-round
resort and conference facilities could be classified in any one of
several
categories.
U.S. Census
Bureau:
The Census Bureau conducts an economic census every five years.1997
data
is currently available. The 2002 Census is currently underway. Economic
Census
data can be very detailed, but are available less frequently than the
BLS
or BEA sources.
The 2002 Economic Census data is at http://www.census.gov/econ/census02/.
The industry series are now available and geographic reports are
scheduled for release during 2005. NAICS sectors 71 (Arts,
Entertainment and Recreation), 72 (Accomodations and Food
Services) and 48-49 (Transportaton) are the most useful for recreation
and tourism. The reports provide the number of establishments, annual
sales and payroll and number of employees the week of March 12.
The direct link to 1997 economic census data is : http://www.census.gov/epcd/www/econ97.html.
Like County Business Patterns that are reported annually, the Census
reports
number of establishments, receipts, payroll, and paid employees. Two
distinct
sets of estimates are available - one for businesses with paid
employees
and another for businesses without paid employees (e.g. sole
proprietors).
The former covers the vast majority of income and jobs, although some
sectors
contain large numbers of businesses without paid employees.
Navigation : the economic census site is quite friendly once you get
the
hang of it. You can download pdf reports for particular sectors and
states
or "drill down" through the data online in the "data for all sectors"
section.
1992 and 1997 data is available by SIC for states and 1997 data by
NAICS
is available for counties and metro areas. The NAICS 1997 data is
the
most useful. Begin by selecting the arrow at the left of this item.
This
shows national estimates by primary NAICS sector. Choose arrows beside
any
one of these to disaggregate further, for example next to sector 72
Accomodations
and Food Service to see more detailed categories. Finer geographic
detail
is obtained by choosing a state in upper right hand corner. Then choose
a
county or metro area to "drill down" further. If you drill down
too
far both by geography and sector, some data may not be disclosed.
Choose
the "nonemployers" link at the top left of any table to see the
corresponding
non-employer data.
County Business Patterns. The U.S. Census site for County
Business
Patern data is http://censtats.census.gov/. Data is available
on SIC basis for 1994-1997 and NAICS basis for 1998-2002. The 2002 CBP
data for states and counties is at http://censtats.census.gov/cbpnaic/cbpnaic.shtml
Data can be produced
at county, zipcode or metro area level. The most useful data is annual
payroll
and number of establishments. Employment data is for mid-march, which
isn't
very good for seasonal industries. CBP data excludes several employment
categories
(self-employed, government, agriculture). CBP data may be downloaded
for
individual states in csv format or the data may be purchased aon
CD-ROM.
See the FAQ and definition sections of CBP website for further
information
about coverage and sources. CBP data is also available from the
Geospatial
and Statistical Data Center at the University of Virginia (http://fisher.lib.virginia.edu/collections/stats/cbp/).
Here items must be retrieved individually or via anonymous FTP.
Regional Sources
A number of state, regional and local agencies provide access
to
federal data for a given state or region, in some cases supplemented
with
other local data sources. These sites sometimes include graphing, data
comparisons
and other features that go beyond what is available at the federal
sites.
Check with your state demographer/economic development office, regional
planning
agency or local University (extension office). One good example
is
the Office of Social and Economic
Trend
Analysis at Iowa State University, which provides quite detailed
population,
economic and other data for 12 midwestern states down to the county and
city
level.
Tourism Data from States
We have compiled links to state travel offices and especially to sites
that
report the amount of travel activity, spending and economic impacts at
the
state or substate levels.
These are at Tourism economic
data
by state.
Other links
Statistical Abstract of the United States - abstract of data
sources
- see recreation and tourism sections or economic chapters..
BEA's Guide to
NIPA
Accounts)