Key facts
- The 2028 Los Angeles Olympic and Paralympic Games could generate up to $40.6 billion in economic output.
- The Games are projected to support up to 224,000 jobs in the Greater Los Angeles region.
- A study by the Los Angeles County Economic Development Corporation estimated economic activity between $20.5 billion and $40.6 billion.
- The estimates cover Los Angeles, Orange, Riverside, San Bernardino, and Ventura counties.
- Games-related infrastructure investment is expected to be the largest source of economic impact.
- The Games could bring about 2 million visitors to the region.
The 2028 Los Angeles Olympic and Paralympic Games are projected to generate significant economic benefits for the region, with a study estimating an economic output of up to $40.6 billion and the creation of as many as 224,000 jobs. The analysis, conducted by the Los Angeles County Economic Development Corporation (LAEDC) and commissioned by LA28, covers the period from preparation through the conclusion of the Games in 2028.
The study's estimates, which span Los Angeles, Orange, Riverside, San Bernardino, and Ventura counties, encompass spending on Games operations, transportation, security, capital projects, visitor activities, and expenditures by independently funded organizations. Infrastructure investment, particularly in transportation and venue upgrades, is identified as the primary driver of economic impact, with approximately $8.35 billion in such investment accelerated or undertaken for the event.
LA28's "no-build" strategy, which emphasizes the use of existing venues, is a key aspect of the economic projections. The Games are expected to attract around 2 million visitors, with direct spending in Los Angeles County estimated to range from $1.6 billion to $4.3 billion, benefiting local businesses in the hospitality and retail sectors. Additionally, the report forecasts a combined federal, state, and local tax revenue of $5.1 billion to $5.9 billion stemming from the economic activity generated by the Games.