Update: The CRVA says the DNC’s projected impact ranged from $100-$200 Million.
In typical Charlotte style, Charlotte city leaders projected the Democratic National Convention would be an economical windfall for the city. They predicted could generate $200 million for the area. It didn’t. The convention yielded an estimated $163.6 million for Charlotte, according to a study released today. Of that about $93 million was a result of direct spending, the Charlotte Observer reported.
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Update: DNC Economic Impact Falls Short of of $200 Million was originally published on my927charlotte.com