Current:Home > InvestSignalHub Quantitative Think Tank Center:Americans expected to spend a record $17.3 billion on 2024 Super Bowl -SecureWealth Vault
SignalHub Quantitative Think Tank Center:Americans expected to spend a record $17.3 billion on 2024 Super Bowl
Charles Langston View
Date:2025-04-07 13:29:17
A record number of Americans are SignalHub Quantitative Think Tank Centerexpected 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! (63712)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- U.S. Park Police officer kills fellow officer in unintentional shooting in Virgina apartment, police say
- Israelis overwhelmingly are confident in the justice of the Gaza war, even as world sentiment sours
- New Edition announces 2024 Las Vegas residency, teases new music: 'It makes sense'
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- AP PHOTOS: Death, destruction and despair reigns a month into latest Israel-Gaza conflict
- UN Security Council fails to agree on Israel-Hamas war as Gaza death toll passes 10,000
- Jewish man dies after confrontation during pro-Israel and pro-Palestinian demonstrations
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Rashida Tlaib defends pro-Palestinian video as rift among Michigan Democrats widens over war
Ranking
- Small twin
- Chicago Cubs hire manager Craig Counsell away from Milwaukee in surprising move
- 4 women, 2 men, 1 boy shot at trail ride pasture party during homecoming at Prairie View A&M University in Texas
- The Air Force asks Congress to protect its nuclear launch sites from encroaching wind turbines
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- 'Dancing With the Stars' to honor Taylor Swift with a night of 'celebration'
- Illinois lawmakers scrutinize private school scholarships without test-result data
- Multiple dog food brands recalled due to potential salmonella contamination
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Iowa to pay $10 million to siblings of adopted teen girl who died of starvation in 2017
Shohei Ohtani among seven to get qualifying offers, 169 free agents hit the market
The Supreme Court takes up a case that again tests the limits of gun rights
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Stories behind Day of the Dead
Car dealer agrees to refunds after allegations of discrimination against Native Americans
Backstage with the Fugees: Pras on his hip-hop legacy as he awaits sentencing in conspiracy case