LOS ANGELES—Next year’s Super Bowl LVI is expected to deliver as much as $477.5 million to the Los Angeles economy, including thousands of new job opportunities in the event-production and hospitality sector, plus major contracts for local businesses, according to projections released Oct. 21. The event at the new SoFi Stadium in Inglewood will generate visitor spending thanks to the numerous events leading up to the game on Feb. 13, according to a report by Micronomics Economic Research and Consulting. The economic boost could be a turning point in the region’s economic recovery from the COVID-19 pandemic, especially for small businesses and industries hit hard by the pandemic like restaurants and hotels, according to the report’s authors. The entire LA region can expect Super Bowl LVI to generate economic benefits between $234 million and $477 million, including tax revenue ranging between $12 million and $22 million, according to the analysis. …
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