On Monday, April 8, a total solar eclipse will cross North America, passing over Mexico, the United States, and Canada. The path of totality enters Texas around Eagle Pass and crosses the nation to the northeast, exiting the northeast near Houlton, Maine. More than 30 million people reside in the path of totality (including about 12 million in Texas alone).

Because of the unique nature of the upcoming eclipse, millions of people are expected to travel to witness the phenomenon. The Perryman Group estimated the potential economic benefits associated with the eclipse and found that the United States is likely to see an increase in direct expenditures by visitors of almost $1.6 billion.

When the downstream/multiplier effects through the economy are considered, expected economic impacts rise to $6.0 billion, with a gain of $3.0 billion in gross product and $1.8 billion in personal income flowing to US residents. Total spending by state (including multiplier effects) is projected to range from $2.1 million in New Hampshire to $1.4 billion in Texas.

For more details please refer to the full brief.