The Economic Impactof Travel on South Carolina Counties 2001

INTRODUCTION

This report presents estimates of the impact of domestic traveler spending in South Carolina in 2001. The impact is measured by dollars generated in expenditures, earnings, jobs and tax revenues. These estimates are produced through use of the County Travel Economic Impact Model, a computerized economic model producing estimates of travel spending at the county level, and its impact on employment, wage and salary (payroll) income, and state and local tax revenues.

The County/City Travel Economic Impact Model is an extension of TIA's Travel Economic Impact Model (TEIM) initially developed in 1975 for the U.S. Department of the Interior to indicate the economic value of travel and tourism to states and counties. The original TEIM has been revised substantially based upon more accurate and targeted input data available from governments and the private sector.

The domestic component of TEIM is based upon national travel surveys conducted by TIA and other travel-rela...