WABI reports on Gabe’s latest Waterfront Concerts economic impact study
WABI (Channel 5) reported people are traveling 100 miles or more to the Bangor area to attend shows and performances, according to a new study conducted by University of Maine economics professor Todd Gabe. Waterfront Concerts partnered with UMaine to track economic growth from the 2010 through 2016 concert seasons, WABI reported. More than $105 million has been generated by the concerts, including $25 million in 2016, the study found. According to the study, $14.3 million was spent in 2016 on accommodations, food and beverage, and retail purchases, as well as creating more than 300 full- and part-time jobs.