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The wait is over. City officials say they will release the economic impact of the Democratic National Convention this afternoon.
Pre-DNC speculation was that it would bring about $200 million to the local economy, according to the Charlotte Observer. A private firm compiled the findings.
This article appears in Jan 23-29, 2013.
Ana McKenzie is CL's news and culture editor. Born and raised in south Texas, she graduated from the University of Texas at Austin in 2010 and moved to Los Angeles to try to become a movie star (or a journalist).... More by Ana McKenzie
4 Comments
Look for new and creative ways to say “zero”.
^ or $168 million. You know, whatever.
@ Rum – The study revealed $91 million in “direct” spending, the bulk of which was for lodging (i.e. money going to the corporate coffers of Hilton, Ritz, Marriott, etc.). The remaining “indirect spending” included the $50 million in security, which can be broken down into two categories: 1. police presence, which included a lot of temp hires from out-of-state; 2. surviellance-state materiel.
I know I didn’t delve into the specifics but it still doesn’t exactly support your initial ultra-cynical assumption.