Saturday, August 05, 2000

State fair brings millions of dollars to Columbus




The Associated Press

        COLUMBUS — The Ohio State Fair, which began its 17-day run Friday, provides a big economic boost to Columbus.

        The expected 950,000 visitors will spend about $42 million on food, motel rooms, parking and admission fees, according to an economic impact study by Economics Research Associates.

        Factor in the multiplier effect, a mathematical formula used to measure how dollars work their way through the economy, and the total economic impact is about $98.3 million.

        “We bring in dollars to the city of Columbus,” Rick Frenette, general manager of the Ohio Expo Center, told the Columbus Dispatch for a story Friday.

        Tracey's Concessions, which operates four food stands, spent $10,000 this year at area restaurant-supply stores, said Dave Tracey, son of owner Don Tracey.

        Nearly two dozen members of the Tracey family gather in Columbus annually to work the stands, Dave Tracey said.

        The Traceys are included in the 1,400 jobs cited in the economic-impact study.

        The bottom line, Mr. Frenette said, is that the complex is worth the $525,000 state lawmakers agreed to pay to support the Junior Fair young farmers program and the $6 million in building improvements scheduled for the next two years.

       



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