Submitted by immersedinideas t3_z98p6w in vermont
CHECK_FLOKI t1_iyi1i8k wrote
Reply to comment by rufustphish in I miss Vermont so much by immersedinideas
Whether or not it contributes 10% of Vermonts GDP is pointless. What matters is the percentage of the state's revenue that tourism accounts for.
Alarmed-Swing-9114 t1_iym9pfs wrote
It’s 10% of the workforce, a little less than 10% of GDP, and the tax revenue is less than 5% of the state’s budget. So it’s impact is minimal at all levels, and yet we pretend it’s the only thing driving the entire state’s economy.
The issue is that we have certain areas of the state that have built themselves up 100% around tourism revenue. Stowe would not survive without tourists. Burke wouldn’t either (most of the northeast kingdom would be pretty screwed). So the impact of way less tourism would be disproportionate depending on where in the state you were.
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