Following the recent release of an economic impact study on the Disneyland Resort’s multiyear public planning effort to expand in Anaheim, Governor Gavin Newsom on Tuesday received a briefing on Disney’s plan to invest in the region for decades to come, and attended Disneyland’s first-ever Disney After Dark Pride Nite event.
As part of its DisneylandForward initiative, announced in 2021, the Disneyland Resort recently released a study from Cal State Fullerton’s Woods Center for Economic Analysis and Forecasting. The study showed that every $1 billion that Disney invests to expand its theme parks at the Disneyland Resort is expected to generate more than $250 million annually in economic output and $15 million in tax revenue for the City of Anaheim, as well as create more than 4,000 construction and 2,000 ongoing operations jobs. In addition, more than $20 million in tax revenue will go directly to the State of California.
Disneyland is the largest employer in Orange County and generates more than $5.7 billion annually for the Southern California economy. California’s tourism industry is a major economic driver – travel spending increased to $134.4 billion last year, supported 1.09 million jobs, and generated $11.9 billion in state and local tax revenue.
