Indian River Lagoon generates $28.3 billion in economic impact

AI-assisted summary

A new study finds the Indian River Lagoon generates $28.3 billion in annual local economic impacts.

For every dollar spent on restoring the lagoon, there is a $24 return in economic benefits.

The study now includes "ecosystem services" like flood control and water treatment, valued at over $10 billion annually.

The Indian River Lagoon is worth a lot more than we thought it was. Every $1 we spend on it generates $24 in return, according to a new study. That's in boats sold, fish and tourists lured, and countless other countable ways we cash in on our prized yet somewhat polluted estuary.

New study almost quadruples lagoon value

The lagoon generates $28.3 billion annually in local economic impacts, the study by found. That tops $7.6 billion from a previous economic