Swifties are helping the economy recover! This month, the Federal Reserve Bank of Philadelphia made the same assertion that several other American towns had made regarding the musician’s hugely successful concerts: that Taylor Swift’s tour had increased travel and tourism in the area. Last month, market research company QuestionPro predicted that her tour will boost the global economy by $5 billion.
The Federal Reserve Bank of Philadelphia, one of the reserve’s 12 regional banks, said in its Beige Book that tourism in the city continued to exhibit a minor increase after the pop star’s stop there in May as part of her Eras Tour, reported CBS News.
Taylor Swift’s Eras Tour Could Add $5 Billion to World Economy, Driving Travel & Tourism Boom
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