Leading dance music event company Insomniac has revealed details of their contribution to the US economy over the past five years, claiming to have generated a cool $3 billion thanks to festivals such as EDC Las Vegas, Electric Forest, and Nocturnal Wonderland.
Between 2010 and 2014, 3.39 million festivalgoers–or Headliners, as Insomniac CEO Pasquale Rotella calls them–attended 48 festivals in 14 cities across the country, creating 25,000 jobs and $181.1 million in taxes along the way. Las Vegas took the lion’s share of the figure, with $1.7 billion thanks to Electric Daisy Carnival Las Vegas, while San Bernardino and New York/New Jersey generated $440 million and $215 million respectively.
“This study beautifully illustrates the powerful financial and cultural impact of dance music here in the United States,” Rotella said. “As support from our Headliners continues to grow, our contributions can continue to make a difference here at home and around the world.”
For a full breakdown of the study by financial analysis company Beacon Economics, check out the handy infographic below.