Indiana Destination Development Corporation (IDDC) has unveiled the results of a comprehensive statewide economic impact study commissioned to assess the impact of the 2024 Total Solar Eclipse on Indiana's economy.
The study, conducted by Rockport Analytics, highlights significant economic benefits generated from the eclipse, which took place on April 8, 2024.
Here are some key findings:
Economic Impact:
The total economic impact of the eclipse is approximately $148.5 M.
Taxes generated by visitors totaled $45 million during the eclipse period.
Federal Taxes: $18.4 M;
State Taxes: $14.4 M;
Local Taxes: $12.2 M.
Estimated Visitor Numbers:
Indiana welcomed over 3.5 M visitors to the state for the eclipse, representing a 45% boost to regular visitor volume and a 41.1% boost to regular visitor spending.
"Indiana capitalized on this unique event through IDDC's targeted and enhanced digital marketing and local communities hosting engaging events," said Elaine Bedel, IDDC's Secretary and CEO. "Planning for the 2024 eclipse was truly a statewide effort with state and local governments, visitor bureaus and local businesses coordinating efforts to ensure a safe and exciting event for both visitors and Hoosiers."
Local businesses, including hotels, restaurants, and retail stores, saw significant revenue increases:
Lodging: $45 M;
Food & Beverage: $63.8 M;
Recreation & Entertainment: $65 M;
Transportation: $9.7 M;
Retail: $5.4 M.
Community Engagement and Events:
Community events and festivals were planned across the state to celebrate the eclipse, promoting local culture.
Schools, museums, and science centers hosted educational programs and viewing parties, fostering community engagement and learning.
IDDC compiled more than 400 events IN Indiana.
IDDC commemorated the historic event by selling over 1,600 eclipse T-shirts.
Amazon to locate delivery station in Knox County
Lawrence County woman charged after traffic stop
Knox County seeking disaster assistance
Lawrence County seeking E911 Director
Lawrenceville city council seat remains vacant
Lawrence County Farm Bureau hosts annual meeting
Bridgeport arrest
Bridgeport man formally charged with First Degree Murder
Friday is National Wear Red Day
Local Hunters Feeding program successful
Arbuckle notches 1000th career point in Saluki win
New work requirements for Illinois SNAP
Missing Vincennes juvenile being sought
Lawrence County Historical Society planning Sumner history presentation
WGH Board approves expansion plans
