Reinvestment Statistics
The Main Street Program's Economic Success
Historic Preservation = Economic Development
The cumulative success of the Main Street Approach® and Main Street programs on the local level has earned a reputation as one of the most powerful economic development tools in the nation. The National Trust Main Street Center annually collects statistical information on economic activity in local Main Street programs nationwide. These statistics are tracked from 1980 to December 2008 and reflect activity in more than 2,200 communities.
2008 Reinvestment Statistics
|
Dollars Reinvested: - Total amount of reinvestment in physical improvements from public and private sources. |
$48.8 Billion |
|
Net gain in businesses: |
87,850 |
|
Net gain in jobs: |
391,050 |
|
Number of building rehabilitations: |
206,600 |
|
Reinvestment Ratio(i): - the average number of dollars generated in each community for every dollar used to operate the local Main Street program. |
$25 to $1 |
Notes:
(i) The Reinvestment Ratio measures the amount of new investment that occurs, on average, for every dollar a participating community spends to support the operation of its Main Street program, based on medial annual program costs reported to the National Trust Main Street Center by its coordinating programs.
