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BofA Marathon generates record $386 Mn for Chicago Economy

The Bank of America Chicago Marathon continues to generate significant impact for the city of Chicago, with the 2022 race contributing a record-breaking $386 million (PDF) to the city’s economy, a 25% increase from 2021, according to an independent economic impact study conducted by the University of Illinois at Urbana-Champaign’s Regional Economics Applications Lab. Since 2018, the marathon’s economic impact has exceeded $300 million every year the event has taken place in-person, which was felt by tourism, hospitality, and business industries across all 50 Chicago Wards.

The 45th Bank of America Chicago Marathon kicks off Sunday, October 8 at Grant Park.

The marathon is a marquee event for the city, attracting guests from around the world and promoting Chicago as a premier tourism destination. Overall, 2022 was the first year the marathon’s impact exceeded pre-pandemic levels, a strong sign for both the local community and economy.

“The Bank of America Chicago Marathon is an incredible opportunity to showcase our city to runners from around the world, and we are thrilled to see the race continue to have such a positive impact on our city,” said Glen Eden, Chairman of the Choose Chicago Board of Directors.


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