August 12, 2008

According to the N.C. Department of Commerce, Caldwell County has seen a 6.7-percent increase from 2006 to 2007 in visitor spending. The report released from Gov. Mike Easley’s office states that Caldwell County generated $2.39 million in state tax receipts and $1.54 million in local tax receipts. This represents a $49.46 tax saving to each county resident.

Travel to Caldwell County generated $7.32 million in payroll in 2007, which accounts for approximately 370 employees. In 2007, Caldwell County ranked 55 in travel impact among North Carolina's 100 counties. Caldwell County has seen a steady 6- to 7-percent increase over the last three years.

These economic impact statistics are prepared annually by the Research Department of the Travel Industry Association of America (TIA) for the N.C. Department of Commerce’s Division of Tourism, Film and Sports Development. The research was gathered using the Travel Economic Impact Model (TEIM).