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Ohio Basketball Topic
Topic: Multiplier effect of tonight's game on regional economy
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Jeff McKinney
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Jeff McKinney
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Posted: 12/31/2015 12:49 AM
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As Billy pointed out recently, these December home games have a palpable, actually huge impact on the local economy. Economics and Business department studies on the Riverside game suggest GCP (Gross County Product) received 7% boost through hotel and restaurant business.
bornacatfan
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Posted: 12/31/2015 7:33 AM
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To be accurate it was stated

Quote:expand_more
I'd say each of these has to be worth 2-3 million to local businesses,

Having worked with the Muncie Chamber on several projects including bringing a National Championship event to the area and studying what filling all the local and regional hotels to maximum would mean to the local economy I chuckled when I read that number.

dividing all close to 6K attendees into those numbers and factoring in each of them buying dinner, gas, motel rooms, tshirts etc. and adding the fudge factor the Chamber uses to multiply does not even approach that impact number. Can't imagine the estimate for a football crowd.
RSBobcat
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Posted: 12/31/2015 2:38 PM
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I spent $8 at Miller's Poultry pre game - nothing else in Athens.

Gas in Carroll on way back to Columbus.
Alan Swank
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Posted: 12/31/2015 3:10 PM
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Jeff McKinney wrote:expand_more
As Billy pointed out recently, these December home games have a palpable, actually huge impact on the local economy. Economics and Business department studies on the Riverside game suggest GCP (Gross County Product) received 7% boost through hotel and restaurant business.
Must be a really slow day in Jackson County or when you hung up your 2016 calendar this morning, you accidentally turned it to April 1.
Jeff McKinney
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Jeff McKinney
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Posted: 12/31/2015 11:10 PM
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Alan Swank wrote:expand_more
As Billy pointed out recently, these December home games have a palpable, actually huge impact on the local economy. Economics and Business department studies on the Riverside game suggest GCP (Gross County Product) received 7% boost through hotel and restaurant business.
Must be a really slow day in Jackson County or when you hung up your 2016 calendar this morning, you accidentally turned it to April 1.
The latter. And BTC obviously was laying the sarcasm on thick.
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