ECONOMIC IMPACT OF A NEW STADIUM

Economic impact of new stadium. An economic impact analysis of the proposed Metrodome Next project was conducted by Conventions, Sports & Leisure International for the Metropolitan Sports Facilities Commission. As part of the study, the economic impact to the State of Minnesota as a result of construction of the proposed facility was examined. The economic impact during construction will be 13,400 new jobs, wages $577 million, consruction related expenditures $734 million, economic output $1.35 billion and local and state tax revenue $33.1million. The economic impact after construction will be 3,400new jobs full time and partime, annual personal income from jobs $106 million, annual direct spending by fans, visiting teams and spending associated with non-viking events $145 million, annual economic output $274 million and local and state tax revenue $32 million. Of the 3,400 new jobs the average annual income will be $31,176 or $15.59 per hour, not as has been said, $4.00 per hour at McDonalds.