Gabe’s Waterfront Concerts Economic Impact Studies Cited by BDN
Peer-reviewed studies by University of Maine economics professor Todd Gabe were mentioned in the Bangor Daily News article, “Waterfront Concerts poised for biggest year to date, promoter tells Bangor business gathering.” Since the concert series began in 2010, it has held 75 events along the banks of the Penobscot River, according to the article. Gabe’s studies found that in the first four seasons, the concerts contributed an estimated $47.5 million to the Bangor area economy, and that contribution has grown each year, the article states. The BDN report also was carried by the Sun Journal and cited by Mainebiz.