New Study Measures Economic Impact of Agritourism in Virginia

A new economic impact study, conducted by Dr. Vince Magnini with the Virginia Tech Pamplin College of Business, shows that Virginia’s agritourism industry accounts for $2.2 billion in economic activity. The report also shows that the economic activity attributed to the Commonwealth’s 1,400 agritourism businesses supports 22,000 jobs, contributes $840 million in income, and injects $135 million in state and local taxes. The study is the first statewide benchmark report to measure the economic and fiscal impacts of Virginia’s agritourism sector.

The Shenandoah Valley has the third highest concentration of venues according to the study, bringing in nearly $363 million in revenue. Read the full report HERE.

 

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