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CVB/Chamber Study Reveals Kyle Field Economic Impact

The B/CS Convention and Visitors Bureau (CVB) and Chamber of Commerce met Tuesday morning with the local media, elected officials, and others interested in the economic impact of  Texas A&M University home football games.

Click HERE to read the Kyle Field reports produced by Oxford Economics for the CVB & Chamber.

Click HERE to read the slide show presented at Tuesday’s news conference, produced by Oxford Economics.

A consultant hired by the chamber and CVB reported that if Kyle Field were closed for an expansion, losses would include 955 jobs and $21 million dollars in payroll in Brazos County, along with a reduction of $2.8 million dollars in local property taxes.

During 2011, the incremental direct spending of fans, media, sponsors, and teams associated with A&M games at Kyle Field tallied $120 million. Local tax receipts generated $5.8 million, household income was measured at $56 million, and 2,400 jobs, or nearly 3% of employment in Brazos County, was tied to those games.

KyleReport092512bd-1.mp3Opening comments from Chamber board chairman Ben Downs.

KyleReport092512hg-1.mp3Opening comments from CVB board chairman Hunter Goodwin.

KyleReport092512as.mp3Comments from Adam Sacks of Oxford Economics, who presented the report and answered questions.

KyleReport092512hg-2.mp3Closing comments from Hunter Goodwin.

KyleReport092512bd-2.mp3Closing comments from Ben Downs.

KyleReport092512km.mp3Comments from Karl Mooney, College Station Councilman & CVB board member.

KyleReport092512jr.mp3Comments from State Representative John Raney.

Short URL: http://wtaw.com/?p=48815

Posted by on Sep 25 2012. Filed under Featured Stories, News.

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