Broadway Added $21 Billion to New York City Economy, Report Finds
The Broadway League's annual report says the 2024-2025 season supported 114,600 full-time equivalent jobs and generated $979 million in city taxes.
Broadway contributed $21 billion to the New York City economy in the 2024-2025 season, according to The Broadway League's annual report, Broadway's Economic Contribution to New York City 2024-2025, as reported by Deadline.
The season supported 114,600 full-time equivalent jobs in the city and generated $979 million in taxes for New York City. Total direct expenditures came to $1.9 billion, up 7% since 2018-19.
Tourists spent nearly $12 billion on ancillary activity, a 22% increase since 2018-19. International visitors made up 19% of Broadway tourists but contributed 42% of the money brought into the city.
The 44 new shows staged in 2024-25 cost a total of $418 million to produce, up 39% since 2018-19. In 2018-19, 39 new shows ran on Broadway and production costs were 39% lower than in 2024-25.
Quick answers
How much did Broadway contribute to the New York City economy in 2024-2025?
The Broadway League's annual report puts the figure at $21 billion for the 2024-2025 season.
How many jobs did Broadway support in the 2024-2025 season?
Broadway supported 114,600 full-time equivalent jobs in New York City, according to the report.
How much did it cost to produce new Broadway shows in 2024-25?
The 44 new shows of the season cost a total of $418 million to produce, up 39% since 2018-19.