What does this measure?
The amount of money (in 2014 dollars) spent by visitors while in the region. This includes recreation, hotel bookings, fuel purchases, and other visitor expenditures.
Why is this important?
Tourism brings external money into a region's economy, fueling the development of new industry and attractions. The sense that a region is a tourist destination also increases regional pride.
How is Ulster County performing?
In 2014, Ulster County had $2,800 per resident in tourism revenue, substantially higher than both the regional figure of $1,700 and the state (excluding NYC) figure of $1,900. Per-resident tourism revenue peaked in Ulster in 2007 at $3,000, 4% higher than in 2014, but fell sharply in 2008 and 2009. From 2009 to 2014, per-resident revenue increased every year in Ulster, and grew 11% over that period. Ulster consistently had the highest per-person tourism revenue among counties in the region, with Dutchess at $1,700 and Orange at $1,200 in 2014.
Notes about the data
The figures are presented per county resident to allow comparisons among counties of different sizes, but the spending is by tourists. New York State data excludes the heavy concentration of tourism in New York City. Data for this indicator are expected to be released in the third quarter.