Valuing the FFA convention

March 19, 2008
Back to TopCommentsE-mailPrint
The National FFA put out a release today saying its national convention in Indianapolis in October created a $40 million impact. Lump out suppliers from outside the area, and the local impact amounted to $34.5 million.

Global Insight Inc., a respected Boston-based research firm, did the study. A little extra math shows the FFA values the local economic impact of the 50,000 who attended at about $650 each.

Many groups roll out these studies before asking a favor, and the FFA is no exception.

The organization plans to decide by November whether the 2013-19 conventions will continue to be held in Indianapolis or be moved back to Louisville, which was the host for several years before it moved to Indianapolis in 2006.

Indianapolis officials, of course, want to keep the members and their trademark blue and gold jackets coming back.

Do you believe Global Insightâ??s numbers?
ADVERTISEMENT
  • Mary HuggardMarch 20, 2008 6:53 AM
    The Global Insight stats for 2007 FFA Convention make sense. Key factors in their methodology boil down to number of delegates, number of days spent in the city, hotel room consumption and daily average spending. Large conventions and events such as this provide a huge economic wallop to a community. The organization I work for, the Indianapolis Convention & Visitors Association, tracks many events and their economic value. The stats provided by Global line up with other huge activities that the city hosts.
    Reply to CommentFlag Comment

Post a comment to this blog

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

ADVANCED SEARCH
Sponsored by
ADVERTISEMENT

  1. Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!

  2. Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.

  3. Perhaps May 21 is "Evangelical Day" over at the IBJ?

  4. I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.

  5. I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.

ADVERTISEMENT