Calculating and Reporting Economic Impact Results: A Guide for NASC Members
Use this whitepaper as a guide when using the NASC Economic Impact Calculator.
The issue of how to calculate and report economic impact results has long been an issue of contention, and certainly so among the membership of the National Association of Sports Commissions (NASC). In an effort to empower NASC members with a better handle of how to calculate and report economic impact results, Sportsimpacts has created a tool that – if used properly – will allow NASC members to approximate the economic impact of events, and to report on its findings properly. Subsequently, this white paper should be considered a supplement to the tool in the hopes that it will guide the user successfully through the use of the tool.
Prepared by National Association of Sports Commissions In conjunction with Dr. Patrick Rishe, Sportsimpacts, Webster University. Release Date: August 2007