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Los Angeles 2016 Predicts $7 Billion Economic Impact

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The potential economic impact of a 2016 Summer Olympic and Paralympic Games in Los Angeles would top $7 billion according to a study commissioned by the Southern California Committee for the Olympic Games (SCCOG) released today. The results, which would mark a record impact for a U.S. Games, were calculated in 2007 dollars and based on projected attendance, sponsorship programs, transportation and tourism, among other things.

The internationally renowned firm Economics Research Associates (ERA), which conducted the study, stated that the predictions are conservative and accounted only for the Los Angeles region. A Los Angeles 2016 Games would have additional impacts throughout the state and in Nevada.

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