Chicago Financial system Infused with File $683 Million Affect from 2024 Financial institution of America Chicago Marathon
Impartial Research Exhibits Marathon’s Affect Elevated 22%; Surge in Tourism and Job Creation
CHICAGO, June 12, 2025 /PRNewswire/ — The 2024 Financial institution of America Chicago Marathon contributed a record-breaking $683 million (PDF) to the Chicago Metropolitan Space economic system, based on an unbiased examine performed by Jones & Associates Economics. The race continues to develop year-over-year and drives financial success for the town, with a 22% improve in whole financial impression over 2023.
The elevated nationwide and international prominence of the race boosted financial impression, as practically 53,000 contributors toed the beginning line on race day. Out of state participation to race and cheer on runners greater than doubled in 2024, with a 130% improve in contributors and guests from the USA outdoors of Illinois and the Midwest since 2023. Extra guests on the town led to larger spending on lodging, meals, retail and transportation. The tourism {industry} noticed greater than $177 million in financial exercise as a direct results of the 2024 race.
“Reaching practically $700 million in impression in 2024, the Financial institution of America Chicago Marathon is one in all Chicago’s most important occasions to bolster tourism and showcase our nice metropolis to the world,” mentioned Kristen Reynolds, President and CEO of Select Chicago. “The marathon brings collectively the Chicago group in a robust and distinctive approach, combining unbelievable financial impression with an unmatched power that reaches all neighborhoods alongside the race route. We sit up for the chance to proceed to help this nice race every fall.”
In 2024, the race supported 4,589 full-time jobs, a 24% improve over the employment impression of the 2023 marathon. These jobs created $229 million in wages and wage earnings, additional highlighting the importance of the race for the individuals of Chicagoland.
“Annually, we’re amazed by all of the guests and residents who pour into our group to generate impression for Chicago,” mentioned Rita Prepare dinner, President, Financial institution of America Chicago. “On behalf of BofA, we might prefer to thank the devoted runners who raised a record-breaking $36 million to help worldwide charities near their hearts, the selfless volunteers who managed the occasion, the thousands and thousands of spectators who cheered alongside the race route, and the numerous residents, companies and organizations who created a welcoming and cordial setting for all to take pleasure in.”
“From elite runners setting world information to a worldwide group of enthusiastic spectators in one in all our nation’s most vibrant cities, the Financial institution of America Chicago Marathon continues to boost the bar in endurance competitors,” mentioned Carey Pinkowski, Govt Race Director, Financial institution of America Chicago Marathon. “Whereas the financial advantages of race weekend are immense, the true essence of the marathon lies within the enduring group and aggressive ambiance it creates. We’re grateful for the tireless dedication of numerous teammates who introduced final 12 months’s race to life, and we’re desperate to witness athletes push themselves to new limits this 12 months.”
World partnerships and occasions, together with the Chicago and Boston Marathons, present alternatives for Financial institution of America to attach with endurance athletes and thousands and thousands of sports activities followers, elevate significant funds, and produce vital financial advantages to the communities by which we reside, work and help. This financial success is felt throughout the nation, as the enduring races in Chicago and Boston totaled practically $1.2 billion in mixed financial impression in 2024.
The forty seventh Financial institution of America Chicago Marathon kicks off Sunday, October 12, at Grant Park. For extra details about race particulars and how you can get entangled, please go to chicagomarathon.com.
Financial institution of America Chicago Marathon
In its forty seventh 12 months on Sunday, October 12, 2025, the Financial institution of America Chicago Marathon will welcome hundreds of contributors from greater than 100 nations and all 50 states, together with a world-class skilled athlete discipline, prime regional and Masters runners, race veterans, debut marathoners and charity contributors. The race’s iconic course takes contributors by way of 29 vibrant neighborhoods on an architectural and cultural tour of Chicago. Yearly, greater than one million spectators line the streets cheering on tens of hundreds of contributors from the beginning line to the ultimate stretch down Columbus Drive. On account of the race’s nationwide and worldwide draw, the Chicago Marathon assists in elevating thousands and thousands of {dollars} for a wide range of charitable causes whereas producing over $683 million in annual financial impression to its host metropolis. The 2025 Financial institution of America Chicago Marathon, a member of the Abbott World Marathon Majors, will begin and end in Grant Park starting at 7:30 a.m. on Sunday, October 12. Prematurely of the race, a three-day Abbott Well being & Health Expo might be held at McCormick Place Conference Middle on Thursday, October 9, Friday, October 10, and Saturday, October 11. For extra details about the occasion and how you can get entangled, go to chicagomarathon.com.
Financial institution of America
Financial institution of America is among the world’s main monetary establishments, serving particular person shoppers, small and middle-market companies and enormous companies with a full vary of banking, investing, asset administration and different monetary and danger administration services and products. The corporate offers unmatched comfort in the USA, serving roughly 69 million client and small enterprise shoppers with roughly 3,700 retail monetary facilities, roughly 15,000 ATMs (automated teller machines) and award-winning digital banking with roughly 59 million verified digital customers. Financial institution of America is a worldwide chief in wealth administration, company and funding banking and buying and selling throughout a broad vary of asset courses, serving companies, governments, establishments and people world wide. Financial institution of America affords industry-leading help to roughly 4 million small enterprise households by way of a collection of modern, easy-to-use on-line services and products. The corporate serves shoppers by way of operations throughout the USA, its territories and greater than 35 nations. Financial institution of America Company inventory is listed on the New York Inventory Trade (NYSE: BAC).
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Reporters Might Contact:
Diane Wagner, Financial institution of America
Telephone: 1.312.992.2370
diane.wagner@bofa.com
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