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$11 Billion Growth of Local Economic Forecast on L.A. Olympic 2024

January, 10 2017
watermark Economic news

Host of the next Olympic games is expected to increase its local economic output as much as $11.2 billion and generate over 74,000 full-time jobs. Most of these jobs are full-time but only transient. Nevertheless, these are still substantial and means money outflow.  

Leaders direct its goals to cut the expenses that usually left the country with shortages and high debts. Hence, they try to utilize their existing arenas and stadiums. The reports from the bid committee give a positive outlook in 2024 Olympics with Los Angeles as one of them. The International Olympic Committee set its selection date in September.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.