According to Fortune, a data report from research company QuestionPro suggests that ‘The Eras Tour’ has the potential to generate a staggering $4.6 billion in consumer spending in the United States alone. Is Taylor Swift saving the United States from a recession? How does this affect the household’s private disposable income? Can this also lead to a surge in the prices of goods?
Tune in to this episode of Decoded as we explore the economic impact of the music industry and how supporting our favourite artists affects the economy in the form of an increase in output, employment and even a rise in inflation.