economic impact – Moore County Edition

Aug

2023

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Annual Moore County visitor impact report shows 11.3% increase

Businesseconomic impact, tourism

CARTHAGE — Domestic and international visitors to and within Moore County spent $749.50 million in 2022, an increase of 11.3% from 2021, according to new data. The spending report comes from an annual study commissioned by Visit North Carolina, a unit of the Economic Development Partnership of North Carolina. State tax revenue generated in Moore County totaled around $28.9 million through state sales and excise taxes, as well as taxes on personal and corporate income. Statewide, North Carolina set a record for visitor spending in 2022. As previously reported in May, travel statewide rose 15.2%, an increase following a 2021…

May

2022

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By North State Journal Staff

Community College report shows major economic impact

Newsanalysis, community colleges, economic impact

RALEIGH — A comprehensive new economic impact analysis finds that North Carolina’s 58 Community Colleges have a $19 billion annual impact on the state’s economy and supports more than 320,000 jobs across the state. The economic impact study found for every dollar the state invests in North Carolina’s Community Colleges, the state gains $7.50 in added incomes and social savings. The colleges generate nearly double the revenue from what they take in from the taxpayers. For every $1 the state invests, taxpayers get $1.90 back in added tax revenues and public sector savings, according to the study. “The Community College…