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Estimating Regional Economic Impact

Researchers at Marshall’s Center for Business and Economic Research recently completed a study for the Hatfield-McCoy Regional Recreation Authority, concluding the authority’s trails contribute an estimated $22.2 million to West Virginia’s economy each year, approximately 85 percent of which is attributable to non-local visitor spending.

According to Elizabeth Pardue, a demographic research specialist at the center, the study gave the authority’s leaders valuable information.

For example, researchers found the total economic impact of the trails increased nearly 74 percent since CBER did a similar analysis in 2006. Read more