Disney’s parks in Florida and California generate nearly $67 billion for the US economy ever year, a new report has found.
The report was prepared by economists from Tourism Economics, an Oxford Economics company, and combines the total economic impact and job creation data from both Walt Disney World in Florida and Disneyland in California for the first time.
It found that Disney‘s US resorts generated nearly $67bn in annual economic impact and supported more than 403,000 direct and indirect jobs across the US.
“Disney defines the themed entertainment business in America, and our presence is felt across the country,” said Josh D’Amaro, chairman of Disney Experiences.
“Our destinations create economies far beyond the gates of our parks, and when we invest in the groundbreaking experiences that only Disney can deliver, growth follows.”
According to the report, Disneyland contributed $16.1bn to the economy in Southern California in fiscal year 2023, and supports more than 102,000 jobs in the region, directly and indirectly.
Across the US, Disney parks generated $10bn in additional economic impact, the report said.
“Disney is an iconic economic engine”
Disney’s operations power a huge small business ecosystem across the US, as the company works with thousands of small businesses in all 50 states, Disney said in a press release.
The report builds on previous research about Disney’s operations in Florida in the 2022 financial year, which found the resort generated $40.3bn in economic impact.
The report also showed that nearly one out of every 20 jobs in Orange County, California and one out of every 8 jobs in Central Florida can be attributed to Disney.
“As we celebrate 70 incredible years in Southern California, we are deeply proud of the lasting impact Disneyland Resort has made — creating thousands of jobs, fueling the local economy and welcoming the world to this extraordinary region,” said Thomas Mazloum, president of Disneyland.
“And we’re just getting started — the decades ahead hold even greater promise, and we look forward to growing, evolving and contributing more to the community we call home.”
Adam Sacks, president of Tourism Economics, said: “Disney is an iconic economic engine powering entire ecosystems of jobs, small businesses and public revenue.”
Images courtesy of Disney
