Disneyland Closure costing Southern California Economy $5 Billion Dollars

cast members

The Orange County Register is reporting that the Disneyland closure is costing Southern California $5 billion. So far the closure has cost the Southern California economy $3 billion and will cost another $2 billion through March 2021 if the parks remain closed.

Economists from Cal State Fullerton made those estimates based on work sponsored by Disneyland a year ago that attempted to quantify the resort’s economic footprint.

Fullerton estimates a loss of 46,000 Disneyland and related jobs in Southern California. So many local businesses are impacted by the Disneyland Resort closure.


Anil Puri, director of the university’s Woods Center for Economic Analysis and Forecasting, said, “It’s substantial; it’s not peanuts.”

Puri also said it might not be until late 2021 that the tourism business returns to a more normal pace, “but it depends on how you and I behave.”

Source

Please note: some posts may contain affiliate links which means our team could earn money if you purchase products from our site

D2T-1

Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.

Get started below for your FREE No Obligation Quote.

Book With our friends at Destinations to Travel

Name(Required)
MM slash DD slash YYYY
MM slash DD slash YYYY
This field is for validation purposes and should be left unchanged.

For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!

YouTube player

Written by:

5,264 Posts

Sara is a travel agent with Destinations to Travel, a Disney Earmarked agency. She lives in Alaska with her husband and 3 kids. Due to her extreme dislike of winter, she travels often to warmer destinations during the colder months. She visits the Disney parks and resorts frequently with her family and loves helping other families plan magical vacations. Contact her here for help with your vacation!
View All Posts
Follow Me :