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.

Opening comments from Chamber board chairman Ben Downs.

Opening comments from CVB board chairman Hunter Goodwin.

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

Closing comments from Hunter Goodwin.

Closing comments from Ben Downs.

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

Comments from State Representative John Raney.

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

Posted by Bill Oliver on Sep 25 2012. Filed under Featured Stories, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry