Posted May 2, 2017, 6:57 AM
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Meh
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
Posts: 57,327
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So between ACL Fest and SXSW, they pump more than 600 million dollars into Austin's economy every year, and that's during the span of less than 2 weeks.
http://www.mystatesman.com/business/...ZNJ5glfaiLifP/
Quote:
Report: 2016 ACL Fest brought $277.4 million into Austin economy
By Gary Dinges - American-Statesman Staff
The 2016 Austin City Limits Music Festival had an estimated impact of $277.4 million on Austin’s economy, according to a study released Monday.
The study was commissioned by ACL Fest and conducted by Austin-based Angelou Economics.
Of the total estimated economic impact, $124.1 million was directly tied to festival operations, while the remaining $153.3 million came from expenditures made by attendees.
By comparison, South by Southwest, another major Austin event, had a $325.3 million impact on the local economy in 2016, according to a study conducted by consulting firm Greyhill Advisors and paid for by SXSW.
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