In conjunction with the capital improvement budget in 2007, the Convention, Sports & Entertainment Facilities Department conducted a study of the economic impact of the Alamodome that covered a five year period from 2003 – 2007. This period was chosen since 2003 was the first year after the Spurs left the Alamodome. Recently, we asked economist Dr. Steve Niven, with the Saber Research Institute, to update this report to cover the ten-year period from 2003 through 2012. Below are some key highlights from the report showing the economic impact of the Alamodome over the last ten years:
- Overall economic impact – $1,719,846,985
- Supported 18,337 full-time equivalent jobs (1,833/yr)
- Earnings to workers of $572,007,629 (includes benefits)
- Economic impact to state and local government – $114,193,411
- Economic impact to federal government – $116,172,683
- Average daily spending per out-of-town visitor – $257.80
Through its ability to host numerous events and activities, it is clear the Alamodome registered a substantial impact from 2003 through 2012 – over $1.7 billion.
This year also marks a significant milestone for the Alamodome, as it celebrates its 20th Anniversary. To commemorate this, we will host a celebration at the Alamodome at the end of May.