Disney's Economic Impact in Florida: A $40 Billion Powerhouse

1 min read
Source: Fortune
Disney's Economic Impact in Florida: A $40 Billion Powerhouse
Photo: Fortune
TL;DR Summary

Disney has released a study showing its economic impact in Florida at $40.3 billion and 263,000 jobs, more than three times the actual workforce at Walt Disney World. The study, conducted by Oxford Economics and commissioned by Disney, attributes the company's multibillion-dollar impact to direct employment, supply chain, and employees' spending. This comes as Disney battles Florida Governor Ron DeSantis and his appointees over their takeover of the district governing Disney World. The takeover occurred after Disney publicly opposed a state law banning classroom lessons on sexual orientation and gender identity. Disney plans to invest an additional $17 billion in central Florida but has shown a willingness to pull back investments. The legal battle between Disney and DeSantis continues in federal and state courts.

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