economic impact studies: practical tips & examples - dan o'keefe
TRANSCRIPT
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Recreational FisheriesUsing Customer Surveys to Assess Economic Impacts
Dan O’Keefe, Ph.D.Michigan Sea Grant & MSU Extension
8/14/11
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2009 Michigan Fishing Economics Study
Charter fishing customer survey
Tournament captain survey
Evaluation of outcomes/impacts
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Charter Customer Survey~9,000 invitation cards 2009
141 responses to online survey
12 non-responders replied
Ludington accounted for 78% of returns, Lks. Huron and Michigan well-represented
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Change in Expenditures Associated with Charter Fishing Trips Due to Economic Downturn in 2009
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Local Spending per Party (2009 $s)
1985 2009Charter fees and tips $454.08 $613.02 Hotels, motels, B&Bs, camping $249.48 $213.08 Restaurants and taverns $239.24 $119.37 Groceries and liquor stores $107.80 $75.81 Fuel for automobiles and trucks $9.44 $93.29 Entertainment $47.20 $23.29 Souvenirs and shopping* $77.12 $37.61 Auto/truck expenditures other than fuel - $14.31 Fishing licenses - $50.71 Fishing equipment - $5.60 Other - $16.84
TOTAL $1,181.36 $1,262.96
Fishing Party Expenditures
* Included all other expenditures in 1985
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Economic Impacts to Coastal Communities in 2009
Total Personal Employment Expenditures Output Income Hours
Lake Erie and St. Clair System $1,032,329 $1,427,230 $538,115 25,468Lake Huron $1,364,680 $1,563,551 $574,493 50,002Lake Michigan $9,051,449 $11,605,165 $4,989,910 259,756Lake Superior $226,518 $276,027 $102,021 8,573
TOTAL $11,674,976 $14,871,972 $6,204,539 343,799
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Economic Output Based on MDNRE Trip Counts 1990-2009
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Economic Output Based on MDNRE Trip Counts Lake Huron Regions - 1990-2009
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Economic Impact CalculatorInput any number of trips taken
and name of lake
Economic impacts are given based on 2009 data
Trip numbers for each port/year are on MDNR site
Pre- and post- data could be used to evaluate effects of restoration on charter-induced tourism
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Tournament Economic Impacts16 Tournament Trail events
around Lk. Michigan in 2009
$852,113 gross sales in coastal communities
21,386 employment hours
$1,436.56 spent per team; no Pro/Am difference
11% overlap with charter economic impacts
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Economic Impacts of Ludington Offshore Classic 2009
131 teams fished
$109,545 gross sales resulted
2,749 employment hours generated in Ludington
11% overlap with charter
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Products AvailableFisheries Economics Web Pages
(www.miseagrant.umich.edu)
Fact sheets
Project Reports
Economic impact calculators
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Fact Sheet Mailing263 charter captains
327 gov’t, tourism, economic development , fisheries professionals and others
Mail-in survey to evaluate reactions
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How did non-captains react?57% said the value of fishing to coastal
communities was higher than they previously thought (1% lower)
55% said they would use economic data to build support for protecting Great Lakes ecosystem health
Is fisheries economics information useful to you?
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Do restoration projects increase charter or tournament fishing effort?
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AcknowledgementsDr. Steve Miller, MSU CEADr. Chi-Ok Oh, MSU CARRSDonna Wesander, MDRNETracy Kolb, MDNRELynn Vaccaro, MISGChuck Pistis, MISGBrandon Schroeder, MISGLudington Area Charter Boat
Association