Inflating the numbers | Arkansas Blog

Sunday, December 24, 2006

Inflating the numbers

Posted By on Sun, Dec 24, 2006 at 7:57 AM

I'm surprised the LR edition of the Democrat-Gazette didn't carry an interesting article in the NW edition about the imprecision, to put it kindly, of estimates of economic impact of tourist events such as the Bikes, Blues and BBQ festival in Fayetteville.

It comes as no surprise to skeptical me to read that the numbers for such events can be inflated, both as to attendance and economic impact, and that the government costs and unintended consequences, such as depressing business by normal local customers, aren't often factored into the equation.

It's relevant to some of the ongoing discussions about the amount of money spent to lure convention business to Little Rock.

Read it by copying and pasting:

http://www.nwanews.com/adg/News/176663/

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