Study: 2024 Olympics Would Boost L.A. Economy by $9.5 Billion

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Despite many cities hosting the Olympics facing bankruptcy in the aftermath, a new study by Beacon Economics LLC and UC Riverside predicts that the Los Angeles area would see an $9.5 billion economic boost and generate $4.4 billion in worker earnings if the city is awarded the 2024 Summer Olympics.

Los Angeles, Paris and Budapest are the finalists to be awarded the 2024 Olympic Summer Games. The winning city will be picked in September, supposedly based on evaluations of the competing cities’ vision, governance, games delivery and venue funding. – READ MORE

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