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Economic Development, In the News

Asheville Independent Restaurants calls for state’s support, warns of ‘economic maelstrom’

Impact of Tropical Storm Helene on Western North Carolina's economy, particularly its tourism and hospitality sectors.

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The Asheville Citizen Times article highlights the impact of Tropical Storm Helene on Western North Carolina’s economy, particularly its tourism and hospitality sectors. Citing research from Longwoods International and Tourism Economics, the article notes that visitor spending in Buncombe County reached $2.97 billion in 2023, accounting for about 20% of the local economy. The piece emphasizes the need for state and federal support to prevent long-term economic harm and aid in recovery efforts. You can read the full article here.