Watch
NewsCoronavirus

Actions

Southern California economy on pace to lose $5 billion due to pandemic

items.[0].image.alt
Copyright 2017 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Getty Images
Pedestrians walk near the entrance to Disneyland Resort on February 19, 2009 in Anaheim, California.
Some Disneyland rides halt after power outage, riders rescued
Posted at 10:00 AM, Oct 26, 2020
and last updated 2020-10-26 13:00:55-04

The coronavirus pandemic is having a major impact on Southern California's economy with Disneyland being closed. Economists at Cal State Fullerton say the financial loss could total up to $5 billion.

According to Orange County officials, the southland's economy has already lost $3 billion. Another $2 billion could be lost if Disneyland remains shut down through next March.

Orange County could see a total of 33,000 jobs lost with the amusement park still closed.

Copyright 2020 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Donate Today!

Donate Today!