The economic impact of the annual beer fest increased 3.8% from the 2013 festival.
The economic impact of the annual beer fest increased 3.8% from the 2013 festival.
The analysis utilized IMPLAN (IMpact Analysis for PLANning) data and software package to estimate the economic impact of the festival on Multnomah County. The 2014 OBF generated an estimated $20.9 Million in direct, $6.1 Million in indirect (additional input purchases made by local businesses) and $5.5 Million in induced (expenditures by employees from wages paid by companies in direct contact with tourists) economic impact.
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