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Taylor Swift’s Record-Breaking Tour: Economic Mirage or Real Miracle?

Taylor Swift's Eras Tour had a positive economic impact in the U.S., boosting retail sales and GDP slightly. The tour's effect was significant in cities where it performed, driving up lodging prices, occupancy rates, and hotel revenues. While the tour's macro impact on national-level data was minimal, local economic benefits were substantial. However, the tour's impact may be more significant in smaller economies like Sweden and Singapore.