The Convention Industry Council released a new study earlier this year that showed that the U.S. meetings industry directly supports 1.7 million jobs. The study, titled “The Economic Significance of Meetings to the U.S. Economy,” also showed the industry contributes $106 billion to the GDP and $11.3 billion in state and local tax revenue.
The study, conducted by PwC US assisted by a team of industry researchers, spanned more than a year in research and analysis and is the first?ever study of the size and scope of its kind, according to the Council. The research quantifies the economic contributions made by the 1.8 million meetings, trade shows, conventions, congresses, incentive events and other meetings that take place across the country. read more »