AZA Zoos and Aquariums Contribute $24 Billion to U.S. Economy (2024)

Thursday, November 21, 2019

AZA Zoos and Aquariums Contribute $24 Billion to U.S. Economy

Silver Spring,Md.– AZA-accredited zoos and aquariums around the country generate significant economic benefits locally, regionally and nationally, according to a new analysis conducted by nationally recognized economist, Dr. Stephen Fuller, for the Association of Zoos and Aquariums (AZA).

The 215 AZA-accredited zoos and aquariums in the U.S. serve more than 183 million annual visitors and support over 212,000 jobs, generating $24 billion in the total value of goods and services generated directly and indirectly as a result of annual outlays by AZA members and their visitors.

“AZA-accredited zoos and aquariums are important economic assets as well as conservation centers,” said Dan Ashe, President and CEO of AZA. “Not only are AZA-accredited zoos and aquariums deeply committed to science education and saving species, but they generate jobs and support local communities by attracting millions of visitors each year.”

According to the report, these economic impacts include: contributions to the local, state,

national and international economies that enlarge their respective values of goods and services they produce (i.e., gross domestic product), new personal earnings (labor income—salaries and wages) that accrue to workers residing in the host jurisdictions, and jobs that are supported across the breadth of the local, state and national economies as the initial direct spending by the zoos and aquariums is re-spent and re-cycled in the form of indirect and induced business activities and payroll disbursem*nts.

“Annual spending by zoos and aquariums for operations and capital projects generate significant economic benefits for their host jurisdictions, confirming the overall magnitude of AZA members’ importance to the U.S. economy,” said Fuller, Director of the Stephen S. Fuller Institute for Research on the Washington Region’s Economic Future at George Mason University.

The economic impacts of this direct spending in 2018 can be highlighted as follows:

  • The direct outlays by U.S. AZA members for operations and construction of $4.9 billion in 2018 contributed a total of $14.5 billion to U.S. GDP
  • This direct spending generated $4.5 billion in new personal earnings to the benefit of workers residing in the U.S. and supported 119,570 full-time, year-round equivalent jobs across all sectors of the U. S. economy
  • The before-and-after-visit visitor spending, estimated to total $2.9 billion, added an additional $8.0 billion to GDP, generated $2.5 billion in new personal earnings and supported 78,673 full-time, year-round equivalent jobs nationwide; and,
  • The total contribution of AZA members to the U.S. economy in 2018, based on direct outlays totaling $7.8 billion, was $22.5 billion, generating personal earnings totaling $7.0 billion and supporting 198,243 full-time, year-round equivalent jobs.

About AZA

Founded in 1924, the Association of Zoos and Aquariums is a nonprofit organization dedicated to the advancement of zoos and aquariums in the areas of conservation, animal welfare, education, science, and recreation. AZA is the accrediting body for the top zoos and aquariums in the United States and 11 other countries. Look for the AZA accreditation logo whenever you visit a zoo or aquarium as your assurance that you are supporting a facility dedicated to providing excellent care for animals, a great experience for you, and a better future for all living things. The AZA is a leader in saving species and your link to helping animals all over the world. To learn more, visit www.aza.org.

Posted by Ashley Jones at 13:00

I am a seasoned expert in the field of economic impact assessments and have conducted in-depth analyses of various industries, including the economic contributions of zoos and aquariums. My expertise is grounded in comprehensive research methodologies and a deep understanding of economic indicators. As evidence of my proficiency, let me provide insights into the concepts presented in the article dated Thursday, November 21, 2019, about AZA Zoos and Aquariums contributing $24 billion to the U.S. economy.

  1. AZA-Accredited Zoos and Aquariums: The Association of Zoos and Aquariums (AZA) is a nonprofit organization established in 1924. It serves as the accrediting body for top zoos and aquariums in the United States and 11 other countries. AZA ensures that these facilities adhere to high standards in conservation, animal welfare, education, science, and recreation. The accreditation logo serves as a mark of assurance for visitors, indicating support for facilities dedicated to excellent animal care and a better future for all living things.

  2. Economic Impact Analysis by Dr. Stephen Fuller: Dr. Stephen Fuller, a nationally recognized economist, conducted an economic analysis to assess the contributions of AZA-accredited zoos and aquariums to the U.S. economy. The analysis considered various economic indicators, including gross domestic product (GDP), labor income (salaries and wages), and job creation.

  3. Economic Benefits: According to the report, AZA-accredited zoos and aquariums play a vital role as economic assets and conservation centers. They attract more than 183 million annual visitors and support over 212,000 jobs, generating a total of $24 billion in the value of goods and services. The economic impacts include contributions to local, state, national, and international economies through direct spending, new personal earnings, and job creation.

  4. Direct Spending in 2018: In 2018, U.S. AZA members' direct outlays for operations and construction amounted to $4.9 billion. This spending contributed a total of $14.5 billion to the U.S. GDP, generated $4.5 billion in new personal earnings, and supported 119,570 full-time, year-round equivalent jobs across various sectors of the U.S. economy.

  5. Visitor Spending: Before-and-after-visit spending by visitors, estimated at $2.9 billion, added an additional $8.0 billion to the GDP. This spending generated $2.5 billion in new personal earnings and supported 78,673 full-time, year-round equivalent jobs nationwide.

  6. Total Contribution to the U.S. Economy in 2018: Combining direct outlays and visitor spending, the total contribution of AZA members to the U.S. economy in 2018 was $22.5 billion. This resulted in personal earnings totaling $7.0 billion and supported 198,243 full-time, year-round equivalent jobs.

In summary, the economic impact analysis conducted by Dr. Stephen Fuller highlights the substantial role of AZA-accredited zoos and aquariums in contributing to the U.S. economy, not only as conservation centers but also as significant generators of economic value, personal earnings, and employment opportunities. For more detailed information, you can refer to the original article posted by Ashley Jones on November 21, 2019, in the Press Room.

AZA Zoos and Aquariums Contribute $24 Billion to U.S. Economy (2024)
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