Economic Benefits of Lake Ouachita. |
Natural and recreational resources at Lake Ouachita provide social, economic and environmental benefits for the local communities as well as all Americans.The money spent by visitors to Lake Ouachita adds to the local economies by supporting jobs and generating income. Visitor spending represents a sizable component of the economy in the communities around Lake Ouachita. The Economic Benefits of Lake Ouachita as reported by the Corps of engineers for the year 2006 stated:
1,212,556 visits per year resulted in: 53% of the spending was captured by local economies as direct sales effects. With
multiplier effects, visitor
spending resulted in: $11.88 million in value added (wages & salaries, payroll benefits, profits and rents and indirect business taxes). Supported 370 jobs in the local community surrounding the lake.
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