The Economic Impact of Zoos and Aquariums
Zoos and aquariums in the United States attract over 180 million visitors annually, surpassing the combined attendance of major sports leagues like the NFL, NBA, NHL, and MLB. This significant foot traffic brings numerous benefits to local communities, including economic advantages. The economic impact of these institutions is a combination of direct, indirect, and induced effects. Direct impact refers to the spending by visitors in the local area, which supports local businesses and creates jobs. Indirect impact occurs when zoos and aquariums purchase supplies and services from local businesses, further stimulating economic activity. Induced impact arises when employees of these businesses spend their income locally, generating additional economic activity.