Business
Chicago Economy Infused with Record $683 Million Impact from 2024 Bank of America Chicago Marathon
The 2024 Bank of America Chicago Marathon contributed a record-breaking $683 million (PDF) to the Chicago Metropolitan Area economy, according to an independent study conducted by Jones & Associates Economics. The race continues to grow year-over-year and drives economic success for the city, with a 22% increase in total economic impact over 2023.
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[{"type":"text","content":"Independent Study Shows Marathon's Impact Increased 22%; Surge in Tourism and Job Creation","length":94,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, June 12, 2025 /PRNewswire/ -- The 2024 Bank of America Chicago Marathon contributed a record-breaking $683 million (PDF) to the Chicago Metropolitan Area economy, according to an independent study conducted by Jones & Associates Economics. The race continues to grow year-over-year and drives economic success for the city, with a 22% increase in total economic impact over 2023.","length":392,"tagName":"p"},{"type":"image","alt":"Bank of America Chicago Marathon logo (PRNewsfoto/Bank of America Corporation)","displaySize":"","headline":null,"caption":"Bank of America Chicago Marathon logo (PRNewsfoto/Bank of America Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":201,"url":"https://media.zenfs.com/en/prnewswire.com/3a21cf11cf2523f40ef39cba974dac67"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_PMOSQldEQgiTyAAdGP6Rg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/3a21cf11cf2523f40ef39cba974dac67","width":400,"height":201}},"href":"https://mma.prnewswire.com/media/1705998/Chicago_Marathon_v2_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The increased national and global prominence of the race boosted economic impact, as nearly 53,000 participants toed the start line on race day. Out of state participation to race and cheer on runners more than doubled in 2024, with a 130% increase in participants and visitors from the United States outside of Illinois and the Midwest since 2023. More visitors in town led to greater spending on accommodations, food, retail and transportation. The tourism industry saw more than $177 million in economic activity as a direct result of the 2024 race.","length":552,"tagName":"p"},{"type":"text","content":""Reaching nearly $700 million in impact in 2024, the Bank of America Chicago Marathon is one of Chicago's most vital events to bolster tourism and showcase our great city to the world," said Kristen Reynolds, President and CEO of Choose Chicago. "The marathon brings together the Chicago community in a powerful and unique way, combining incredible economic impact with an unmatched ener...