How Taylor Swift Could Prevent a Recession

Everett Collection /
Everett Collection /

By now, we all know that the US economy has seen better days. In fact, according to experts, it seems like a full-blown recession is just around the corner.

Thankfully, we have Taylor Swift.

And yes, I mean that Taylor Swift, the country-gone pop star who is currently one of the nation’s most popular singers.

So how will she save our economy?

Well, by simply doing what she does best: Singing and selling tickets.

As Fortune recently reported, a QuestionPro survey shows that fans are spending an average of $1,300 on average for tickets to her Eras tour, hotels, travel, and clothing for the concert.

And as the outlet estimates, that means some $4.6 billion could be generated and added to the US economy all because of Taylor Swift’s current tour.

Of course, it’s helping local economies more.

Per Fortune, hotel and restaurant reservations have through the roof in just about every city and place Swift visits. In Las Vegas, tourism finally reached pre-COVID levels back in March when the beloved singer-songwriter held concerts there.

Her first two concerts in Chicago resulted in an all-time high average of 44,383 hotel rooms booked each night, increasing occupancy rates to around 96.8 percent in those areas.

Naturally, this is also making Taylor herself quite a bit of money. As Bloomberg estimates, Swift earns an average of over $10 million per night just on ticket sales from her Eras Tour.

Thankfully, Swift is also a giver and doesn’t keep all that for herself. As Gleaners Community Food Bank of Southeastern Michigan recently reported, Swift made major donations to their organization while performing for two nights in the Detroit area.

And similar stories have been heard from local food banks and community outreaches throughout the US, wherever this tour has taken her so far.

As Taylor herself says, “No matter what happens in life, be good to people.”

It’s a good motto to have and one that has now served both Taylor and the US economy rather well.