TIA's Travel Economic Impact Model (TEIM) is the longest running and most widely used and quoted model to estimate traveler expenditures and related economic impact in the United States. The TEIM was developed by TIA's research department more than two decades ago to provide annual estimates of the impact of travel activity on national, state, region and county/city economies. The TEIM estimates travel expenditures and the resulting employment, personal income, and tax revenue generated by these expenditures. The TEIM also has the capability of estimating the economic impact of various types of travel as well, such as business and leisure, by transport mode and type of accommodations used, and other trip and traveler characteristics. TIA not only publishes national and state-level estimates annually, but also uses the model to estimate the economic impact of travel at the county and local level on a contract basis. The TEIM was designed so that economic impact data produced can be compared across all fifty states and the District of Columbia, thereby allowing states and localities to assess their market share nationally, regionally or within the state. For TEIM related reports, please click publications.
Approximately 20 states and counties/cities contract with TIA's research department annually for competitively priced, custom studies providing estimates of travel's economic impact at the county and local level. These studies can be prepared as soon as required state and local input data are available, often as early as 3 months after the close of the year. Studies covering 2004 are now being prepared.
The standard TIA travel economic impact study include national travel trends, as well as the following:
Domestic Travelers' Impact:
- Travel expenditures by category
- Travel-generated employment and payroll by category
- Travel-generated tax receipts for the federal, state and local government
Additional Options:
- Analysis of Travel Expenditure by Purpose of the Trip - Statewide
- International Visitors' Impact - Statewide
- Multiplier Impact of Travel Spending (i.e., indirect and induced expenditures, payroll income and employment)
For further information, contact Louis Abramovitz, Manager of Economic Studies in TIA's research department at (202) 408-2170 or email us.