Media Report on Gabe’s Updated Waterfront Concerts Study

The Bangor Daily News and WLBZ (Channel 2) reported on an updated study conducted by University of Maine economist Todd Gabe on the economic impact of Bangor’s Waterfront Concerts series. Gabe first released the study in early 2013, which estimated the first three years of the concert series brought more than $30 million into the local economy. Gabe recently released an update to include data from the 2013 season, which surpassed each previous year in terms of attendance, number of performances, impact on local businesses and people’s willingness to travel long distances to see a show, according to the article. The 19 shows in 2013 had a total economic impact of nearly $17.5 million — more than half the total of the first three years combined, according to the study. Gabe’s journal article on the study is scheduled to be published in the Review of Regional Studies. Mainebiz also cited the BDN report.