The REAL Economic Impact of the Olympic GamesThe 2012 Olympic Games have certainly provided the world with several memorable moments. From Queen Elizabeth parachuting out of a plane with James Bond, to all of the stellar athletic displays, the London Games have left an indelible mark on many. Beyond the emotional impact, the Games also have had quite a financial impact. Here are some of the most interesting (and off-the-wall) economic figures surrounding this year's Olympics.
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5. Tourist Spending
According to Visa, spending by international visitors in the U.K. on Visa cards totaled ~445.3 million pounds (US$696 million) during the week of July 23-29. Visitors from the U.S. account for ~54.6 million pounds (US$85.3 million) of that figure. Retail, Services and Entertainment sectors among the biggest beneficiaries of international spend, according to the card scheme.
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio
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