In a meeting Wednesday, the Carter Street Corp., which oversees the Chattanooga Convention Center, reported event revenues for July were up nearly 70 percent from last year.
Forty small events and three conventions accounted for more than $2.3 million in economic impact for the city and $418, 653 in revenue for the month - up from $246,308 in July 2009.
Mike Shuford, the organization's executive director, said revenue still isn't back to pre-recession levels, though. The month of August looks like it will "be somewhat better" than last year due to the amount of business booked, he said.
Stocks close modestly higher
NEW YORK - Stocks ended a seesaw day with a modest gain Wednesday after investors found some pluses in retail earnings reports.
The Dow Jones industrial average and other major indexes fluctuated throughout the day before closing with slender gains. There was little news to motivate investors a day after a stream of improving economic numbers restored some of their enthusiasm for stocks and sent the Dow up 103 points. But retailers continued reporting second-quarter earnings and investors found a few positives.