Economic impact analysis

Strong signs of recovery for Travel & Tourism in Canada says WTTC

Retrieved on: 
Monday, May 15, 2023
Partnership, EIR, COVID-19, CAD, Research, Bird Education Society for Travel & Tourism, GDP, Oxford Economic Papers, Economic impact analysis, City, Tourism, Travel, WTTC, Video game

LONDON, May 15, 2023 /PRNewswire/ -- The World Travel & Tourism Council's (WTTC) 2023 Economic Impact Research (EIR) today reveals the Canadian Travel & Tourism sector continues to show strong signs of post-pandemic recovery.

Key Points: 
  • LONDON, May 15, 2023 /PRNewswire/ -- The World Travel & Tourism Council's ( WTTC ) 2023 Economic Impact Research (EIR) today reveals the Canadian Travel & Tourism sector continues to show strong signs of post-pandemic recovery.
  • WTTC is also forecasting that Travel & Tourism will create 90,000 jobs this year, recovering almost all of the jobs lost due to the COVID-19 pandemic to reach 1.64 million.
  • Last year, the Travel & Tourism sector's GDP contribution grew by 41.4% to reach more than $138 billion, representing 5% of the Canadian economy, with one in every 20 dollars created in Canada being generated by Travel & Tourism.
  • Julia Simpson, WTTC President & CEO, said: "Travel & Tourism is recovering strongly in Canada with high visitor demand.

American Indian Alaska Native Tourism Association Celebrates 25 Years as the Leader in Indigenous and Cultural Heritage Tourism During U.S. Travel Association’s National Travel & Tourism Week May 7-13, 2023

Retrieved on: 
Monday, May 8, 2023
Destinations, Travel, Philanthropy, State, Local, Women, Seniors, Other Philanthropy, Tourist Attractions, Public Policy, Government, Consumer, Other Travel, Recreation, National Center for Science and Engineering Statistics, Tourism, National Congress, Education, Bureau of Land Management, Native, Quality of life, International Trade Administration, Multimedia, Organization, Park, National Congress of American Indians, Economic development, American Indians, National Park Service, Economic impact analysis, United States Fish and Wildlife Service, Interior, Alaska Natives, Leave No Trace, South Island Landless Natives Act 1906, Commerce, Country

The American Indian Alaska Native Tourism Association (AIANTA) , the only national organization dedicated to advancing cultural tourism in Native Nations and communities across the United States, celebrates 25 years as the leader in indigenous tourism during the U.S. Travel Association’s National Travel and Tourism Week (NTTW) May 7-13, 2023.

Key Points: 
  • The American Indian Alaska Native Tourism Association (AIANTA) , the only national organization dedicated to advancing cultural tourism in Native Nations and communities across the United States, celebrates 25 years as the leader in indigenous tourism during the U.S. Travel Association’s National Travel and Tourism Week (NTTW) May 7-13, 2023.
  • Travel serves as a catalyst for a productive U.S. economy and helps power the success of other industries.
  • American Indian, Alaska Native and Native Hawaiian owned hospitality businesses contribute $14 billion in annual sales to the tourism and hospitality sector in the U.S., according to the Economic Impact of U.S. Indigenous Tourism Businesses Report .
  • These partnerships allow AIANTA to elevate Native destinations among travelers, tour operators, travel agents, and the media while extending the reach of American Indian, Alaska Native and Native Hawaiian owned businesses and ensuring authentic Native experiences.

Report: Washington State’s $35B Life Science Industry Grows Amid Economic Downturn

Retrieved on: 
Tuesday, April 25, 2023
Professional Services, Science, Other Science, Research, Human Resources, Private sector, Pacific Ocean, Portable ultrasound, COVID-19, Woman, Organization, Machine learning, Economic impact analysis, City, Pharmaceutical industry

Life Science Washington , the state’s industry trade association, today released a new Economic Impact Report , revealing Washington state’s $35.3 billion life science industry supports more than 100,000 jobs throughout the state and continues to serve as a buffer during economic downturns.

Key Points: 
  • Life Science Washington , the state’s industry trade association, today released a new Economic Impact Report , revealing Washington state’s $35.3 billion life science industry supports more than 100,000 jobs throughout the state and continues to serve as a buffer during economic downturns.
  • “Washington’s life science industry continued to add jobs during the pandemic,” said Marc Cummings, President and CEO of Life Science Washington.
  • “The steady expansion of Washington’s life science industry shows companies’ dedication to tackling some of the toughest global health challenges through cutting-edge science,” said Richard Fabian, CEO of FUJIFILM SonoSite and Life Science Washington Board Chair.
  • Leaders in the Washington state life science industry will come together to discuss the report’s findings and latest innovation in the region at Life Science Innovation Northwest , the Pacific Northwest’s largest annual life science conference, on April 25-26.

KnowBe4 Finds State and Local Governments Struggle to Defend Against Ransomware and Business Email Compromise

Retrieved on: 
Wednesday, March 29, 2023
Technology, Security, Other Technology, Public Policy, Government, Software, Other Education, Training, State, Local, University, Education, Plague, Attack, Crime, Statistics, Risk, Economic impact analysis, BEC, National Association, IC3, Computer security, Arms industry, Cryptocurrency, Risk management

State and local governments are particularly vulnerable to these attacks due to government transparency laws which allow cyber criminals to more easily tailor their attack to the victim.

Key Points: 
  • State and local governments are particularly vulnerable to these attacks due to government transparency laws which allow cyber criminals to more easily tailor their attack to the victim.
  • Ransomware attacks on state and local governments last an average of 7.3 days.
  • In addition to state and local governments, educational institutions are also prime targets and victims of cyber attacks.
  • Major municipality targets such as local and state governments and education and healthcare institutions are the backbone of civil service and society.

Canadian Cereals Sector Drives Economic Growth and Employment in Canada

Retrieved on: 
Tuesday, March 14, 2023
MB, Agriculture, Economic impact analysis, Transport, Cereal, Seaweed

The cereal grains value chain plays a critical role in Canada's economy by creating jobs and driving economic growth.

Key Points: 
  • The cereal grains value chain plays a critical role in Canada's economy by creating jobs and driving economic growth.
  • Cereals Canada engaged LMC International, an independent economic consulting firm focused on the agriculture and agribusiness sector, for the study.
  • "The cereals value chain is a major contributor to Canada's success," said Dean Dias, chief executive officer at Cereals Canada.
  • The direct economic impact on the Canadian economy from the four cereals averaged $25.9 billion per year.

Intersolar North America and Energy Storage North America Announce Keynote Speakers for 2023 Conference and Expo

Retrieved on: 
Thursday, January 12, 2023
Carbon, Aurora, EV, Energy, Community engagement, ISNA, Economic impact analysis, Senior, Aurora Solar Thermal Power Project, GM, Los Angeles Department of Water and Power, ESNA, Chief digital officer, Diversity, United States Department of Energy, Long Beach Convention and Entertainment Center, Climate change, Renewable energy, Cryptocurrency, Management, Radiant exposure, Microsoft

PORTLAND, Maine, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Intersolar North America (ISNA) and Energy Storage North America (ESNA), the industry’s flagship solar + storage event, today announced keynote speakers for the conference and expo to be held February 14-16 at the Long Beach Convention Center in Long Beach, CA.

Key Points: 
  • PORTLAND, Maine, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Intersolar North America (ISNA) and Energy Storage North America (ESNA), the industry’s flagship solar + storage event, today announced keynote speakers for the conference and expo to be held February 14-16 at the Long Beach Convention Center in Long Beach, CA.
  • “Now just one month away from coming together to explore the latest advancements in solar, storage, and EV charging infrastructure, we’re thrilled to welcome four inspiring industry leaders who share our passion for a future fueled by renewable energy,” said Wes Doane, Event Director, Intersolar North America and Energy Storage North America.
  • “With four keynote addresses and one conference-only keynote luncheon, we’re delighted to offer #isnaesna23 attendees multiple opportunities to gain forward-looking insights.
  • Krishna Vanka (Senior Vice President and Chief Digital Officer, Fluence) will present Digital’s Role in Transforming Solar and Storage.

Pension Spending During Pandemic Supported $1.3 Trillion In Output, 6.8 Million Jobs, $157.7 Billion in Tax Revenue Across the U.S. Economy

Retrieved on: 
Wednesday, January 4, 2023
Government, Pension, Retirement, Clothing, COVID-19, Food, Multimedia, GDP, Tax, Employment, Public sector, Medicine, National Institute on Retirement Security, Foodservice, Economic impact analysis, NIRS, Pension fund, Insurance, Life insurance, Tutoring

WASHINGTON, Jan. 4, 2023 /PRNewswire/ -- Economic gains attributable to private and public sector defined benefit pensions in the U.S. during the COVID-19 pandemic were substantial, according to a new report from the National Institute on Retirement Security (NIRS). Retiree spending of public and private sector pension benefits in 2020 generated $1.3 trillion in total economic output, supporting nearly 6.8 million jobs across the nation. Pension spending also added nearly $157.7 billion to government coffers at the federal, state, and local levels.  

Key Points: 
  • Retiree spending of public and private sector pension benefits in 2020 generated $1.3 trillion in total economic output, supporting nearly 6.8 million jobs across the nation.
  • Pension spending also added nearly $157.7 billion to government coffers at the federal, state, and local levels.
  • Pensioners could continue spending at normal rates, which supported millions of jobs across the nation during a time of massive layoffs.
  • Pension expenditures have large multiplier effects:
    -        Each dollar paid out in pension benefits supported $2.13 in total economic output nationally.

Independent Study Finds Businesses Using Chronosphere's Cloud Native Observability Platform Gain $7.9 Million in Business Value

Retrieved on: 
Monday, December 12, 2022
Economic impact analysis, Forrester, Triage, Economics, Survival, Founders Fund, Application portfolio management, TEI, Engineering, Organization, DoorDash, General Atlantic, Acquisition, Mobile phone, Risk management, Airline

NEW YORK, Dec. 12, 2022 /PRNewswire/ -- Chronosphere, the only cloud native observability platform that tames rampant data growth and complexity for engineers, today announced the results of a Total Economic Impact™(TEI) study, conducted by Forrester Consulting on behalf of Chronosphere. The study, which examined the cost savings and business benefits enabled by Chronosphere, found that customers using the company's cloud native observability platform returned $7.9 million in benefits over three years, with $4.9 million in cost savings, for 165% return on investment. The average payback period was less than six months.

Key Points: 
  • The study, which examined the cost savings and business benefits enabled by Chronosphere, found that customers using the company's cloud native observability platform returned $7.9 million in benefits over three years, with $4.9 million in cost savings, for 165% return on investment.
  • Chronopshere's highly performant platform is intuitive and built for the way cloud native engineers need and want to work.
  • This tool allows businesses to receive a tailored estimate of the economic impact that Chronosphere's platform could have on their business.
  • Chronosphere is the only cloud native observability platform that puts engineering organizations back in control by taming rampant data growth and cloud native complexity while accelerating innovation.

NCM and Affinity Solutions’ Research Study Identifies Link Between In-Theater Experiences and Elevated Consumer Spend in New Economic Impact Report

Retrieved on: 
Thursday, November 17, 2022
Film & Motion Pictures, Technology, Other Communications, Marketing, Advertising, Entertainment, Communications, Social Media, Software, Audio, Video, Mobile, Wireless, Generation Z, NCM, Marketing, Top Gun: Maverick, T-Mobile, Digital, AMC, National CineMedia, North Carolina Transportation Museum, DOOH, Habit, NCMI, Restaurant, NYSE, Cinemark Theatres, Cineworld, Amazon, AMC Theatres, Culture, Research, Economic impact analysis, Flower, Jewellery, The Walt Disney Company, Ecosystem, Generation X, ROI, Top Gun, Travel, Multiverse, Regal Cinemas, McDonald's, Delta, Retail, Television, Online shopping, Fast food, Nightclub, United Airlines, Millennials, Madness, Boomer

The study entitled Economic Impact Study: Moviegoing as an Indicator of Spend analyzed NCM audiences of over eight million moviegoers per week and their spending habits.

Key Points: 
  • The study entitled Economic Impact Study: Moviegoing as an Indicator of Spend analyzed NCM audiences of over eight million moviegoers per week and their spending habits.
  • Affinity Solutions worked with NCMs data and technology platform, NCMxTM, to analyze the purchase behavior of millions of NCM moviegoers after watching a movie.
  • In the study, purchases were broken out by merchant categories and brands and then benchmarked against non-moviegoers during the same period.
  • To learn more about how moviegoing is a strong indicator of consumer spend, visit: https://report.ncm.com/
    Affinity Solutions is the leading Consumer Purchase Data Platform.

Report: Data-savvy Organizations Are More Profitable, Resilient and Innovative

Retrieved on: 
Tuesday, October 4, 2022
Apps, Applications, Technology, Mobile, Wireless, Security, Software, Networks, Internet, IOT (Internet of Things), Data Management, Solution, Classification, Public sector, NASDAQ, Technology, Industry, CISO, Data, Inc., Organization, Into, Budget, Partnership, REI, Health care, Pressure, Research report, Efficiency, Economic impact analysis, Investment, Â, Marketing, Video game, Management, Medical device, Splunk

In addition, data leaders are more resilient and quicker to identify and remediate security incidents by 11%.

Key Points: 
  • In addition, data leaders are more resilient and quicker to identify and remediate security incidents by 11%.
  • Healthcare: While 9% of surveyed organizations are among the most mature group of data innovators, 11% of healthcare and life sciences organizations achieved leader status.
  • Manufacturing: 54% apply data innovation to supply chain and operations use cases, compared to 45% of organizations across all industries.
  • Organizations can also assess their status and potential in their own data innovation journey by visiting the Splunk Data Maturity Calculator .