Study: Mohegan Sun Arena Pumped $62 Million Into Economy In 2013

WILKES-BARRE TOWNSHIP, PA  — A new study reveals that Mohegan Sun Arena at Casey Plaza contributed $62.6 million to the economy in 2013, and expansion of the concourse is expected to pump in an additional $7 million this year.
 
The Northeastern Pennsylvania Alliance was contracted by the Luzerne County Convention Center Authority, the governing body of the arena, in May 2014 to conduct the study on behalf of the authority. The NEPA Alliance released the study Thursday.
 
The economic impact analysis considers three things:
 
The overall impact of the operations of the arena, which includes the impact from visitors traveling from outside the impact region (farther than 15 miles).

Read more:  http://www.timesleader.com/news/business-local-news-news/153910780/

Pottstown Small Business Cash Mob Helps Local Economy

Small Business Saturday Cash Mob total dollars spent rounded to the nearest dollar: $4,250.00

*”Ripple-effect” from those dollars being spent locally on Small Business Saturday: $7,012.50!!

Thanks for your support!

Jehovah’s Witness Conventions Boosting Reading/Berks Economy

The Jehovah’s Witnesses have since 2005 spent several quiet weekends each summer at conventions in the Sovereign Center, without any of the fanfare given the concert idols and hockey giants normally associated with a sports/entertainment complex.

As a result, they are responsible for half the downtown civic center’s $254 million economic impact over its first decade.

That’s the surprise coming out of a study released last week by Dr. Lolita A. Paff, associate professor of business and economics at Penn State Berks.

The 225,000 Jehovah’s Witnesses who spent three days each at the conventions also spent nearly $111 million on gasoline, hotels (1,200 rooms a night), shopping and meals outside the arena from 2005 through 2011, Paff’s report said.

Read more:  http://readingeagle.com/article.aspx?id=415098