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The $3.4-Billion “Invisible Industry”

December 26th, 2006 by localoid

Accurate assessment of the economic impact of tourism is difficult, as the tourism industry is not defined separately in the Standard Industrial Classification (SIC) system. But a 2005 report prepared for the West Virginia Division of Tourism went to great lengths to provide a real-world economic picture of the state’s “invisible industry,” the tourism industry.

According to the report, West Virginia’s travel and tourism industry generated an estimated $3.4 billion in economic activity, attracting 10.46 million overnight and 39.8 million day visitors to the Mountain State and directly supporting 40,800 jobs paying $766 million in wages during 2004.

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