The Staggering Economic Impact of Taylor Swift’s Eras Tour – Time

Taylor Swift onstage during the Eras Tour's final night in Los Angeles on Aug. 09, 2023. (Kevin Winter/TAS23—Getty Images ) The Illinois governor credited the musician with reviving the state’s tourism industry after her three nights in Chicago. She was even mentioned in a report by the Fed, crediting her with fueling the national tourism industry. “If Taylor Swift were an economy, she’d be bigger than 50 countries." Typically, every $100 spent on live performances generates an estimated $300 in ancillary local spending on things like hotels, food and transportation. But for the Eras Tour, Swifties are taking this to the next level, dropping an estimated $1,300-$1,500 on things like outfits and costumes, merchandise, dining, and travel—boosting local economies by hundreds of millions of dollars in one weekend.
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grzeis
3 years ago

“The Illinois governor credited the musician with reviving the state’s tourism industry after her three nights in Chicago. She was even mentioned in a report by the Fed, crediting her with fueling the national tourism industry.”

We live in such interesting times. Who has the money to spend on this type of entertainment? Are these permanent policies (touring) to keep the dollars flowing?
Of course not. What is interesting is that our country is figuratively in between Scylla and Charybdis with the principals of Western Civilization in the balance.

Pat S.
3 years ago

Bread and circuses.

Freddy
3 years ago

Maybe the guv should go on tour. Preferably in a galaxy far-far away. Illinois would do much better. LOL?

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