Around the Net
Baltimore Dinged By Riots
- BizJournals, Wednesday, April 29, 2015 9:45 AM
The riots in Baltimore will have a huge economic impact beyond the immediate physical and emotional damage. It includes lost revenue to cancelled Orioles games, declines in tourism, and a scar on the city's efforts to become an appealing brand for investment. And regular business transactions. A 2004 study on the 1992 Los Angeles riots showed that over the 10 years following the riots there was a cumulative loss of at least $3.8 billion in taxable sales in the city.
