THE TAYLOR SWIFT EFFECT: According to a new study by center4jobs, L.A. will see a major economic boom from the megastar's sold-out concerts at SoFi Stadium.
One estimate shows the megastar's "Eras Tour" will bring in a staggering $5 billion to the cities she's performing in.Taylor Swift's sold-out concerts at SoFi Stadium are giving a major boost to the Los Angeles economy, researchers say., the megastar's local concerts will result in a $320 million bump to Los Angeles County's GDP
That includes $160 million in local earnings and close to $40 million in tax revenue. One estimate shows Swift's "Eras Tour" will bring in a staggering $5 billion to the cities she's performing in."Especially for attendees coming in from out of town, additional spending is likely as many stay over to visit other tourist destinations in the region," read the study.
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