Taylor Swift boosted Silicon Valley economy by $33 million

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Swiftie or not, pop star Taylor Swift is undeniably a money magnet -- and new financial figures show a massive boost for Silicon Valley's economy from the artist's two-day stop at Levi's Stadium.

-- and new financial figures show a massive boost for Silicon Valley's economy from the artist's two-day stop at Levi's Stadium.

"That leads to a total economic impact of around $33.5 million," Rascher told San Jose Spotlight. "That money gets respent in town over time, and that usually takes a few months." "The multi-day events are the ones that typically have the largest economic impact," said Rascher, who regularly works with Levi's Stadium to determine the economic impact of its events. " would be the highest amongst the concerts that I've seen."

The 49ers said the curfew cost millions of dollars in revenue and high-profile acts like Ed Sheeran to ditch Santa Clara entirely. In a split vote, Santa Clara policymakers decided in late 2021 to allow five extensions to the weeknight curfew until 11 p.m. per year for non-NFL events.Longtime Santa Clara political consultant Rich Robinson said the city should celebrate the economic success from concerts such as Swift's instead of complain about a curfew.

 

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