The
Impact of the Republican National Convention on the New York
City Economy
BOSTON
- The Beacon Hill Institute at Suffolk University has undertaken
to provide an independent estimate of the economic benefits
of the convention. We find that the convention will provide
a positive economic benefit of $163 million, $97 million dollars
less than the $260 million figure quoted by Mayor Bloomberg.
MORE
•Update:
BHI FaxSheet 8/9/04
Little
bounce: BHI finds $14.8 million in net economic benefits of
DNC
BOSTON - A post-convention analysis by the Beacon Hill Institute
at Suffolk University finds that the Democratic National Convention
netted $14.8 million in economic benefits to the City of Boston.
This is the "value added" to the economy, obtained
by estimating net new spending and adjusting for multiplier
effects.
Press Release- (PDF)
Full
Report (PDF)
•Update:
BHI FaxSheet 7/26//04
Suffolk
University Poll: Despite the cost, residents would recommend
hosting political conventions to other cities
A
poll conducted by the Suffolk University Political Research
Center (SUPRC) finds that a majority of Massachusetts residents
believe that the national political conventions are a costly,
but, nevertheless, worthwhile part of the democratic process.
That's the conclusion drawn from survey data about the forthcoming
Democratic National Convention in Boston. The poll was conducted
July 16 through July 18 and has margin of error of +/- 5 points.
Press Release (HTM)
- (PDF)
Tables
(PDF)
BHI
FaxSheet 7/20/04
BHI
survey: Convention is a bust for most area businesses
A
Beacon Hill Institute survey of businesses reveals that only
11% are expecting an increase in business the week of the
Democratic National Convention. Seventy-five percent
of businesses surveyed expect business activity to decrease
or remain the same as last year.
Press
Release (HTM) -
(PDF)
Read
Boston Globe article
Read Boston Herald article
BHI
FaxSheet 6/29/04
The
Real Effects of the National Political Conventions on the Boston
and New York Metropolitan Areas (Latest estimates)
|
Democratic
National Convention (Boston)
|
Republican
National Convention (New York City)
|
Advertised
|
$154.2m
|
$250.0m
|
Net
impact (BHI)
|
-$8.2m
|
$163.0m
|
Report
in PDF format
|