Seven weeks of COVID-19 restrictions have caused Indiana to lose $268 million in state and local revenues from the hospitality industry, according to an analysis of data from the Bureau of Labor Statistics (BLS).
The steep drop in tourism and travel spending led to a loss of guest spending in the state amounting to $819 million. Losses to the jurisdiction’s gross domestic product amounted to $980 million, while business sales took a hit of $1.8 billion.
About 44 percent of hotel workers in each state are expected to lose their jobs due to plummeting tourism during the coronavirus pandemic, according to the American Hotel & Lodging Association. The total number of hospitality jobs in Indiana make up 3.2 percent of the workforce, the BLS numbers show.
Sales tax revenues in March dropped 8.7 percent, the U.S. Census Bureau reported, as establishments such as restaurants, bars and merchandise stores saw sales nosedive due to social-distancing restrictions and stay-at-home orders. That’s the biggest decline in U.S. history.
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How the COVID-19 Lockdown Affected the Hospitality Industry
State | Business Sales | GDP | State/Local Tax Revenue | Guest Spending | Hospitality Jobs as % of Workforce | Hospitality Jobs Rank as % of Workforce |
Nevada | $14,098,767,812 | $7,588,454,440 | $2,073,348,208 | $6,344,445,516 | 25.4% | 1 |
Hawaii | $3,164,531,315 | $1,703,262,443 | $465,372,252 | $1,424,039,092 | 21.0% | 2 |
Vermont | $901,913,650 | $485,441,759 | $132,634,360 | $405,861,143 | 10.9% | 3 |
Wyoming | $802,956,008 | $432,179,263 | $118,081,766 | $361,330,204 | 10.6% | 4 |
District of Columbia | $1,160,165,406 | $624,441,968 | $170,612,560 | $522,074,433 | 9.9% | 5 |
Alaska | $703,342,535 | $378,563,776 | $103,432,726 | $316,504,141 | 9.7% | 6 |
Montana | $921,880,067 | $496,188,389 | $135,570,598 | $414,846,030 | 7.2% | 7 |
Florida | $14,678,449,729 | $7,900,459,707 | $2,158,595,548 | $6,605,302,378 | 7.2% | 8 |
South Dakota | $718,718,133 | $386,839,466 | $105,693,843 | $323,423,160 | 6.8% | 9 |
Mississippi | $2,456,306,481 | $1,322,070,841 | $361,221,541 | $1,105,337,917 | 6.3% | 10 |
Maine | $860,304,804 | $463,046,409 | $126,515,412 | $387,137,162 | 6.1% | 11 |
Oklahoma | $2,464,176,456 | $1,326,306,740 | $362,378,891 | $1,108,879,405 | 5.7% | 12 |
Louisiana | $2,754,272,460 | $1,482,446,648 | $405,040,068 | $1,239,422,607 | 5.7% | 13 |
New Mexico | $1,500,979,023 | $807,879,886 | $220,732,209 | $675,440,560 | 5.6% | 14 |
Arizona | $4,242,499,209 | $2,283,462,810 | $623,896,943 | $1,909,124,644 | 5.6% | 15 |
New York | $8,226,819,534 | $4,427,964,631 | $1,209,826,402 | $3,702,068,790 | 5.5% | 16 |
Colorado | $3,732,918,361 | $2,009,188,412 | $548,958,583 | $1,679,813,263 | 5.5% | 17 |
Oregon | $2,213,138,844 | $1,191,189,437 | $325,461,595 | $995,912,480 | 5.4% | 18 |
South Carolina | $2,483,049,821 | $1,336,465,051 | $365,154,385 | $1,117,372,419 | 5.4% | 19 |
North Dakota | $561,828,734 | $302,396,054 | $82,621,873 | $252,822,930 | 5.4% | 20 |
Utah | $1,677,397,618 | $902,834,600 | $246,676,120 | $754,828,928 | 5.3% | 21 |
California | $20,776,878,385 | $11,182,849,248 | $3,055,423,292 | $9,349,595,273 | 5.2% | 22 |
Georgia | $4,007,857,377 | $2,157,170,294 | $589,390,791 | $1,803,535,820 | 5.0% | 23 |
Washington | $3,068,124,128 | $1,651,372,692 | $451,194,725 | $1,380,655,857 | 4.8% | 24 |
Tennessee | $2,938,561,029 | $1,581,637,260 | $432,141,328 | $1,322,352,463 | 4.8% | 25 |
New Hampshire | $640,601,349 | $344,794,256 | $94,206,081 | $288,270,607 | 4.7% | 26 |
Texas | $10,611,130,323 | $5,711,284,850 | $1,560,460,342 | $4,775,008,645 | 4.6% | 27 |
Idaho | $800,769,904 | $431,002,625 | $117,760,280 | $360,346,457 | 4.6% | 28 |
Illinois | $4,326,445,604 | $2,328,645,722 | $636,242,001 | $1,946,900,522 | 4.6% | 29 |
Kentucky | $1,221,813,539 | $657,623,170 | $179,678,462 | $549,816,093 | 4.4% | 30 |
Virginia | $3,817,083,366 | $2,054,488,988 | $561,335,789 | $1,717,687,515 | 4.3% | 31 |
New Jersey | $3,824,953,341 | $2,058,724,886 | $562,493,138 | $1,721,229,003 | 4.3% | 32 |
Massachusetts | $2,955,758,381 | $1,590,893,481 | $434,670,350 | $1,330,091,271 | 4.3% | 33 |
North Carolina | $3,773,871,377 | $2,031,230,770 | $554,981,085 | $1,698,242,120 | 4.2% | 34 |
Minnesota | $2,517,663,134 | $1,355,095,158 | $370,244,579 | $1,132,948,410 | 4.2% | 35 |
Nebraska | $704,435,587 | $379,152,095 | $103,593,469 | $316,996,014 | 4.1% | 36 |
Connecticut | $1,898,194,124 | $1,021,675,073 | $279,146,195 | $854,187,356 | 4.0% | 37 |
Missouri | $2,851,991,310 | $1,535,042,381 | $419,410,487 | $1,283,396,089 | 4.0% | 38 |
Michigan | $3,950,362,842 | $2,126,224,706 | $580,935,712 | $1,777,663,279 | 3.9% | 39 |
West Virginia | $926,252,275 | $498,541,666 | $136,213,570 | $416,813,524 | 3.8% | 40 |
Wisconsin | $3,008,880,709 | $1,619,485,793 | $442,482,457 | $1,353,996,319 | 3.8% | 41 |
Iowa | $1,647,302,252 | $886,636,212 | $242,250,331 | $741,286,014 | 3.7% | 42 |
Alabama | $1,498,720,049 | $806,664,026 | $220,400,007 | $674,424,022 | 3.7% | 43 |
Pennsylvania | $4,753,245,980 | $2,558,364,748 | $699,006,762 | $2,138,960,691 | 3.6% | 44 |
Arkansas | $916,852,028 | $493,482,121 | $134,831,181 | $412,583,412 | 3.5% | 45 |
Rhode Island | $373,750,918 | $201,165,935 | $54,963,370 | $168,187,913 | 3.5% | 46 |
Kansas | $973,836,473 | $524,153,160 | $143,211,246 | $438,226,413 | 3.5% | 47 |
Ohio | $3,091,879,791 | $1,664,158,829 | $454,688,205 | $1,391,345,906 | 3.3% | 48 |
Indiana | $1,820,223,081 | $979,708,305 | $267,679,865 | $819,100,386 | 3.2% | 49 |
Maryland | $2,258,974,158 | $1,215,859,620 | $332,202,082 | $1,016,538,371 | 3.2% | 50 |
Delaware | $319,171,188 | $171,789,198 | $46,936,939 | $143,627,034 | 3.0% | 51 |
TOTALS | $166,600,000,000 | $89,670,000,000 | $24,500,000,000 | $74,970,000,000 | 5.1% | -- |