Economic impact possibility to the Tulsa region 

Per a report by the Federal Reserve Bank of Atlanta:  "The impact of the 1996 Summer Olympic Games on employment and wages in Georgia"

"boosted employment by 17 percent in the counties of Georgia affiliated with and close to Olympic activity"..."the employment impact is shown to not merely be a "MSA effect;" employment in the northern Olympic venue areas was found to increase 11 percent more post- versus pre-Olympics, compared with other similar Southern MSAs."  Federal Reserve Bank of Atlanta 2003, p. 691.

The Atlanta Committee for the Olympic Games (ACOG) listed its financial statements (as of April 1997) a total revenue of $1,721,018,000 ($1.7 billion US dollars) for the Olympics. Broadcast rights fees brought in 33%, Ticket sales 25%, ACOP (use of Olympic marks in merchandising) & Joint venture 25%, The Olympic Partner (TOPS) III 5%, other revenue 10%, and merchandising 2%.  See page 222.

During the 1991-1997 period, the impact of the 1996 Olympic Games on the economy of Georgia is estimated at more than $5 billion—a sum that includes the funding and construction of new facilities, increased tourism revenue, and incremental tax benefits. Based on the 1995 study, the total economic benefit of hosting the Centennial Olympic Games on Georgia's economy was projected to be $5.1 billion from 1991 to 1997.[For the Atlanta games, 77,000 full time jobs were created, close to 38 percent in the hospitality industry.

According to the Federal Reserve Bank of Atlanta report, “overall employment in venue and nearvenue areas increased 17% more during and after the Olympic games than in nonvenue areas. We also show that this increase was not merely a metropolitan phenomenon; employment in the northern venue areas (the most heavily populated areas) increased 11% more during and after the Olympic games than did employment in other similar metropolitan areas in the south”.

References:, pages 24, 206, 220, 221, 222