Economic Impact
According to a study released in 2000 by Economic Research Associates, Inc., the South Florida Fairgrounds generated a total economic impact of $149,924,000 in 1999. This was prior to the development of the Expo East Exhibit Hall, the enhancement of Yesteryear Village (including the new Bink Glisson and the Sally Bennett "Big Band Hall of Fame") and the aggressive marketing of the Americraft Expo Center exhibit floor space. In addition, the Cruzan Amphitheatre alone is estimated to generate an economic impact in excess of $20 million. But not only does the Fair generate a significant economic impact, it makes a substantial annual cash distribution to the youth of this area from its own resources. In the 2007/08 fiscal year, the South Florida Fair paid in excess of $200,000 in scholarship and 4-H premium awards, compensation to choruses and bands performing during the annual Fair, and contributions to Palm Beach County schools through its Partners-In-Education Advance Ticket program.
Read more about this topic: South Florida Fair
Famous quotes containing the words economic and/or impact:
“The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.”
—John Kenneth Galbraith (b. 1908)
“Conquest is the missionary of valour, and the hard impact of military virtues beats meanness out of the world.”
—Walter Bagehot (1826–1877)