Time series analysis of travel trends in Vermont

Abstract

Vermont's travel and tourism industry is not keeping pace with the nation-wide growth in the travel industry. While travel indicators such as domestic travel expenditures, tourism generated employment, payroll and tax receipts have been steadily increasing across the United States, these indicators in Vermont peaked in 1978 and have declined ever since. The state tourism industry experts have attributed this downward trend to weather, the cyclic nature of the U.S. economy, Canadian exchange rate, increasing state tax burden, size of state travel and tourism budget, and overall tourism industry competition.

Parent Publication

• Proceedings of the 1994 Northeastern Recreation Research Symposium

Citation

Ramaswamy, Varna M.; Kuentzel, Walter F. 1995. Time series analysis of travel trends in Vermont. In: Vander Stoep, Gail A., ed. Proceedings of the 1994 Northeastern Recreation Research Symposium; 1994 April 10-12; Saratoga Springs, NY.: Gen. Tech. Rep. NE-198. Radnor, PA: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. 111-115