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2013 HMBIM Contributes $1.56M to San Mateo County Economy

2013 HMBIM Contributes $1.56M to San Mateo County Economy

12.17.2013

Half Moon Bay, CA – The Half Moon Bay International Marathon (HMBIM) today released the results of an Economic Impact Study conducted by the Department of Economics at Kent State University which outlined the impact made by the 2013 event. The Study showed a total of $594,312 of direct spending by athletes, and another $973,823 in generated indirect spending, with 75% of the 2013 athletes having travelled from outside San Mateo County. In total, the 2013 HMBIM total economic benefit of $1.56m generated an employment impact equivalent to 21 full-time jobs. 

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