Current:Home > FinanceSafeX Pro Exchange|Americans expected to spend a record $17.3 billion on 2024 Super Bowl -Keystone Wealth Vision
SafeX Pro Exchange|Americans expected to spend a record $17.3 billion on 2024 Super Bowl
PredictIQ Quantitative Think Tank Center View
Date:2025-04-09 15:40:28
A record number of Americans are SafeX Pro Exchangeexpected to tune into Super Bowl LVIII, with consumer spending linked to the game also forecast to hit an all-time high, according to the U.S. Chamber of Commerce.
More than 200 million U.S. adults plan to watch the Super Bowl, according to a survey from the National Retail Federation — that's well over half the country's population of 335 million — and more than half of those fans say they'll either host or attend a watch party. Another 16 million fans plan to watch from a bar or restaurant, the trade group found.
Such numbers underline the event's sheer economic scale. In all, spending on food, drinks, apparel, party decorations and other categories related to the Super Bowl is expected to reach $17.3 billion, according to the NRF. That's up about $1 billion from last year's game and breaks down to roughly $86 per person.
It also adds up to serious revenue for a wide array of businesses. The U.S. Chamber of Commerce said the event, which pits the Kansas City Chief against the San Francisco 49ers, is expected to generate an additional $500 million for the Las Vegas economy. That includes a projected 150,000 visitors to the city who are forecast to spend $215 million in spending on food and beverages, hotel rooms, game-related merchandise and other items.
Such figures don't include the vast sums likely to be waged on the Super Bowl in what is, after all, the gambling capital of the U.S. Nearly 68 million American adults — about 1 in 4 — plan to bet on the contest, according to the American Gaming Association. That includes bets placed with legal outlets, as well as with illegal bookies and online operations in other countries.
The tide of consumer spending stemming from the Super Bowl won't be limited to Las Vegas, Kansas City or San Francisco. According to the Chamber of Commerce, cities across the U.S. are likely to see a boost in revenue, including the following:
- NY-NJ-PA Metro Area: $1.2 billion
- Miami-Fort Lauderdale-Pompano Beach, FL Metro Area: $366 million
- Tucson, AZ Metro Area: $63 million
- Anchorage, AK: $24 million
- Erie, PA: $16 million
- Punta Gorda, FL: $12 million
- Osh Kosh, WI: $10.1 million
- Missoula, MT: $7.2 million
- Walla Walla, WA: $3.7 million
Super Bowl LVIII will air on CBS and Nickelodeon and stream on Paramount+ on Feb. 11 from Allegiant Stadium in Las Vegas. Kickoff is scheduled for 6:30 p.m. Eastern time.
- In:
- Super Bowl LVIII
- Super Bowl
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News Streaming to discuss her reporting.
veryGood! (6398)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Paris Olympics highlights: France hammers USMNT in opener, soccer and rugby results
- Graphic footage shows law enforcement standing over body of Trump rally shooter
- Mindy Cohn says 'The Facts of Life' reboot is 'very dead' because of 'greedy' co-star
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Chloe Chrisley Shares Why Todd and Julie Chrisley Adopting Her Was the “Best Day” of Her Life
- 2024 Olympic Rugby Star Ilona Maher Claps Back at Criticism About Her Weight
- Prosecutors file Boeing’s plea deal to resolve felony fraud charge tied to 737 Max crashes
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 2 more state troopers who were part of the Karen Read case are under investigation, police say
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Naval aviator becomes first woman pilot to secure air-to-air victory in combat
- Terminal at New York’s JFK Airport briefly evacuated because of escalator fire
- Olympic medals today: What is the medal count at 2024 Paris Games on Thursday?
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- 2024 Olympics: See Céline Dion Arrive in Paris Ahead of Her Opening Ceremony Performance
- Michael Phelps Shares Mental Health Advice for 2024 Paris Olympians
- ‘Pregnancy nose’ videos go viral. Here's the problem with the trend.
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Phoenix man sentenced to life in prison without parole after killing his parents and younger brother
10 to watch: Lee Kiefer made US fencing history. Now she chases repeat Olympic gold
Mixed results in 2024 standardized tests for Louisiana students
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
‘Deadpool & Wolverine’ is here to shake up the Marvel Cinematic Universe
Man who attacked author Salman Rushdie charged with supporting terrorist group
Shipwreck hunters find schooner 131 years after it sank in Lake Michigan with captain's faithful dog