Taylor Swift is cited in a report by the Federal Reserve, the US central bank, to boost the country’s economy

success Taylor Swift It is not limited to audiovisual aids only. The singer who stayed highlighted in recent months – and still is One of the most talked about names on the internet It was cited in a report Federal Reserve System (Federal Reserve System, in Portuguese), the Federal Reserve Bank, the body responsible for the economy of the United States.

The organization’s notes have been consolidated into the Beige Book, a document that discusses economic conditions in the country. The quote is due to Post result that round IRAS Tour caused the country’s economy. Thousands of fans around the world have purchased tickets for shows that will take place on five continents, in more than 100 concerts between 2023 and 2024.

The tour kicked off in March, in the US and the artist’s show was highlighted as the Federal Reserve One of the main reasons for the increase in tourism From Philadelphia in May.

“Despite the slow recovery of tourism in the region overall, one highlight is that May was the strongest month in revenue for Philadelphia hotels since the start of the pandemic, largely due to the influx of guests to Taylor Swift’s concerts in the city,” he said.

According to the news network NBC NewsThis isn’t the first time a government agency has credited the singer for boosting local business. In early June, Cincinnati, Ohio, officials claimed that IRAS Tour Hotels helped Its total earnings amounted to more than $2.6 million.

The same thing happened with the hotels around Hamilton County, also in Ohio, where they were raised More than $5.3 million. The explosive growth in sales attracted the attention of local entrepreneurs.

“Taylor Swift is a force to be reckoned with,” said Julie Calvert, president and CEO of US tourism group VisitSense.

Economic impact [Taylor] Swift is so impressive that fans travel from all over the world to her performances, filling hotels, restaurants, and local attractions. Its impact on tourism is a testament to its ability to captivate the masses and drive economic growth.”

Taylor Swift’s influence spreads wherever it is confirmed. This weekend, the artist is on tour in Denver, Colorado. For the institution that monitors the local economy, the Common Sense Institute, the concerts should generate $140 million in state GDP. Even Billboard is already projecting a US$1 billion bill for the tour.

On social networks, Taylor shared highlights from the presentation in the city as he really prepares to pack Seattle. “I really admire that we only have three cities left on the ERAS American Tour. This has been my favorite adventure ever. I appreciate and celebrate every second of it. See you in Seattle!!”

Originally posted 2023-07-17 11:41:39.