Disney says its theme parks generate $67 billion in annual U.S. economic impact

Core Insights - Disney's domestic theme parks generate a national economic impact of $67 billion annually, significantly contributing to tourism, job creation, and tax revenue in the U.S. [1][6] Economic Impact - The report from Tourism Economics indicates that Walt Disney World Resort has a $40 billion economic impact in Florida for fiscal year 2022, while Disneyland Resort contributes $16 billion in Southern California for fiscal year 2023, with an additional $10 billion impact on the rest of the country [5]. - Disney supports over 400,000 jobs in the U.S., with 1 in 20 jobs in Orange County, California, and 1 in 8 jobs in Central Florida linked to the company [7]. Future Developments - Disney plans to invest $30 billion in domestic capital expenditures through 2033, which includes significant expansions at its parks [8]. - Upcoming expansions include a revamped Frontierland and new themed areas at Magic Kingdom, a tropical Americas land at Animal Kingdom, and a "Monsters Inc." land at Hollywood Studios, along with expansions at Disneyland in California [9]. Industry Context - The economic impact report coincides with Disney's announcement of a new theme park in Abu Dhabi and the opening of Universal's Epic Universe in Florida, amidst scrutiny over ticket pricing [3][4]. - Disney's chairman emphasized the company's role in defining the themed entertainment business in America and its broader economic influence beyond park gates [2].