A new report—The Actual and Potential Economic Impact of Invasive Species on the Adirondack Park: A Preliminary Assessment—explores the economic impacts of invasive species on specific sectors of the Adirondack Park’s economy. This first-of-its-kind assessment for the Adirondacks analyzes actual and potential impacts of eight invasive species, summarizes expenditures across sectors, species and strategies, and recommends strategic investments in prevention and control.
The potential direct economic impact from eight species evaluated in the study is estimated to be $468 to $893 million, with the greatest projected impacts on property value, recreation, and tourism. The species highlighted include five that are known to be present in the Park (Eurasian watermilfoil, Asian clam, spiny waterflea, Japanese knotweed, spotted drosophila) and three that are in close proximity (hydrilla, emerald ash borer and Asian longhorned beetle). » Continue Reading.