Boston Marathon Gives $500 Million Lift to Massachusetts Economy
More than 30,000 runners traveled from all over the world to take part in the Boston Marathon this past April, cheered on by an estimated 500,000 spectators. The historic 26.2-mile (42-kilometer) race, stretching from Hopkinton to the heart of the city at Copley Square, is one of the world’s oldest annual marathons.
Spending by fans wasn’t factored into previous studies of the marathon’s effect on the local economy, said Rod Motamedi, assistant director at the Donahue Institute. Spectators alone contributed to $209 million in economic activity in connection with April’s race, he said.
THe report was covered by APNews, Boston Business Journal, The Boston Globe, WBUR, WCVB, WBZ, The Boston Herald and others.
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November 14, 2024