2023-2024 Annual Report

TOURISM ECONOMIC IMPACT

Economic Impact

With an increase of 10.3 percent from 2022, Cabarrus County had the eighth highest visitor spending growth rate of the state’s 100 counties. Cabarrus was also among the top counties in North Carolina for increases in direct tourism employment, up 9.3 percent from 2022.

2016–2023 TOURISM SPENDING TREND

Revenue in Millions

$700 M

$600 M

$624.89 M

$566.74 M

$500 M

$515.70 M

$499.57 M

$480.80 M

$477.85 M

$461.62 M

$400 M

Taxes generated by visitor spending in Cabarrus County represent a tax savings of per resident. $171.51

$300 M

$287.51 M

$200 M

$100 M

2019

2016

2017

2021

2018

2020

2022

2023

8

9

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