The LA 2024 Olympic and Paralympic Games could increase economic output by up to $11.2 billion in Los Angeles and $18.3 billion nationwide according to a new economic impact assessment, highlighting significant legacy benefits of LA 2024’s low-risk Games concept.
The study was conducted by Beacon Economics LLC and the University of California, Riverside School of Business Center for Economic Forecasting and Development, and was commissioned by LA 2024 as required by the International Olympic Committee’s candidature process. The study will be submitted with LA 2024’s bid book, which is due to the IOC on February 3, 2017.