Austin City Limits pours $227M into Austin | Austin City Limits pours $227M into Austin | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=16484 | 2017-05-08T05:00:00Z | 2017-05-08T21:00:00Z | AUSTIN – The 2016 Austin City Limits Music Festival had an estimated impact of $277.4 million on Austin's economy, according to a study conducted by Austin-based Angelou Economics.
The event's 2016 economic impact was up nearly $55 million over 2015, when the estimated impact was $222.9 million, according to the study. That's a 25 percent increase. Since 2006, ACL Fest says, it has had an estimated impact of $1.5 billion on the city's economy. In 2015, Angelou Economics found ACL Fest generated the equivalent of 2,802 full-time jobs with labor income of $99.2 million.
| Austin American-Statesman
| Austin-Round Rock
| Economy
| http://www.statesman.com/business/report-2016-acl-fest-brought-277-million-into-austin-economy/bq0G1SNmvSuOxmqvHrPZOP/ | | | | Read the full article at the {Source} |