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  • 3/1/2024
Taylor Swift's Eras tour has generated quantifiable economic impacts seen in retail sales, inflation, and bumps for cities that hosted concerts. Small businesses across America are capitalizing by hosting Swift-themed events like a skate night in Ohio and brunches in California. These events attract hundreds of attendees and create ripple effects for other local businesses. Experts say Swift has created her own "micro-economy" and these grassroots celebrations benefit her brand even if she's not present.
Transcript
00:00 It's Benzinga and here's what's on the block. Taylor Swift's Aries tour has generated
00:04 quantifiable economic impact seen in retail sales, inflation, and bumps for cities that hosted
00:09 concerts. Small businesses across America are capitalizing by hosting Swift-themed events like
00:14 a skate night in Ohio and brunches in California. These events attract hundreds of attendees and
00:19 create ripple effects for other local businesses. Experts say Swift has created her own micro-economy
00:25 and these grassroots celebrations benefit her brand even if she's not present. The Swift
00:30 phenomenon is currently at peak but her popularity in new album means it will
00:34 continue for long entrepreneurs. For all things money visit Benzinga.com

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