Sports Spending and the GDP

On this week’s episode of Educational Insights, Ashley Page breaks down how sports spending contributes to the U.S. economy, and the numbers may surprise you. Depending on how broadly it’s measured, sports account for roughly 1% to 2% of U.S. GDP, a footprint comparable to the entire American auto industry. From the Super Bowl and the Olympics to college athletics and global soccer, this episode highlights how sports have become a major, and fast-growing, economic force. Watch to learn more. Ashley Page, JD, MBA Senior Vice President Wealth Consultant Email Ashley Page here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Sports Spending and the GDP first appeared on Fi Plan Partners.