New Yorkers might groan about the tourists around theater-heavy midtown Manhattan, but those slow walkers helped make the city richer to the tune of $11.2 billion last season, according to a new report by the Broadway League.
The report by the League, the industry's national trade association, broke Broadway's economic contributions during the 2010-2011 season into three telling parts: all told, theater operators spent $22.3 million to maintain and renovate their venues, production companies spent $2.2 billion to mount and run shows, and tourists visiting the city for shows shelled out the lion's share: a whopping $9 billion for ancillary purchases.
This marks a 9 percent jump from the previous season's generation of $10 billion. Jobs supported by the industry also rose, according to the League's executive director, Charlotte St. Martin, from 84,000 to 86000.
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