A whopping $1 million was generated by the 2013 Adirondack Marathon and Distance Festival, giving a huge boost to the regional economy, a research study by Kent University has found.
Owners of lodging establishments, restaurants, bars and entertainment venues were the big benefactors. And that increased the total earnings of some local residents by more than $300,000 and also generated an employment effect of 10.4 full-time equivalent jobs.
The study team was led Shawn Rohlin, Ph.D., an economics professor at Kent State University’s College of Business Administration. Rohlin and a team of graduate students in research and analysis were commissioned to measure the business benefit to the local communities.
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