RSS FeedAmerica's Cup in San Francisco will bring $1.4 billion to local economy
July 20, 2010
via sfgate.com
Sailing may not be as popular as football in this country, but hosting the world's premier regatta would pack at least three times the economic punch for San Francisco as a Super Bowl.
That's the assessment of a new economic study obtained by The Chronicle that found that holding the next America's Cup here in either 2013 or 2014 would infuse $1.4 billion into the Bay Area's economy - the vast majority of it in San Francisco - and generate 8,800 jobs, from prep cooks to engineers. Hosting a Super Bowl generates between $300 million and $500 million on average.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/07/18/MNQD1EFJJ3.DTL#ixzz0uDE2uMns
