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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

$11 Billion Growth of Local Economic Forecast on L.A. Olympic 2024

January, 10 2017
watermark Economic news

Host of the next Olympic games is expected to increase its local economic output as much as $11.2 billion and generate over 74,000 full-time jobs. Most of these jobs are full-time but only transient. Nevertheless, these are still substantial and means money outflow.  

Leaders direct its goals to cut the expenses that usually left the country with shortages and high debts. Hence, they try to utilize their existing arenas and stadiums. The reports from the bid committee give a positive outlook in 2024 Olympics with Los Angeles as one of them. The International Olympic Committee set its selection date in September.

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.