$5 billion for USA
The USA Bid Committee released a study today that conservatively estimates that the United States would have a domestic economic impact of $5 billion if it's chosen to host the FIFA World Cup.
The analysis - completed by one of the world's leading international sports and entertainment attraction consulting firm - estimates that between 65,000 and 100,000 total new jobs would be created in the various host cities during the preparation for and operation of the tournament during the year of the event.
The findings indicate that the total economic impact projected for any host city ranges from approximately $400 million to $600 million at today's dollar value. That figure is based on 12 host cities staging five to six matches, along with ancillary venues such as the International Broadcast Center (IBC) in one city and FIFA Fan Fest(TM) in each city. The study also estimates 5,000 to 8,000 jobs would be created in each host city during the event's operation.
Check out the complete press release here:
The study was completed by the Economics practice at AECOM, formerly Economics Research Associates (ERA), the world's leading international sports and entertainment attraction consulting firm. The research firm previously conducted the economic and community impact analyses for the 1994 FIFA World Cup(TM) in the United States and multiple studies for the Olympic Games, beginning with the 1984 Summer Games in Los Angeles.
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