Tuesday, 15 January 2013 13:46

Waterfront Concerts Bring $30-Million To Bangor

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Waterfront Concerts Bring $30-Million To Bangor
BANGOR -  Bangor's Waterfront Concert Series is worth millions to the city, according to a University of Maine study. 
UMaine economist Todd Gabe reported to the Bangor City Council last night that the concerts have generated more than 30-million dollars for the city's economy since the series debuted in the summer of 2010. 
Gabe's study found that more than 200-thousand people attending the summertime concerts have spent 18-point-six-million dollars, leading to indirect spending of about eleven-point-eight million. 
Gabe told the council that since the first summer, the number of concerts and acts has grown and people are coming from farther away to attend, and spend.

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