LOS ANGELES : Umbrellas Put Millions Into Economy, Study Says
- Share via
Christo’s giant yellow umbrellas pumped millions of dollars into the economies of Los Angeles and Kern counties, according to a rough analysis for a state agency.
The 17-day exhibit by the artist brought $19.1 million--a figure based primarily on Christo’s financial records--to the two counties, creating a “ripple effect” with an impact of $34.3 million on their economies, said a study obtained by The Times Tuesday from the California Arts Council.
The council paid $3,000 for the report by the Torrance-based Harrison Price economic consulting firm.
Christo, a New York-based international art figure, has said he spent at least $26 million of his own money to create the controversial umbrellas project. Last year he erected 1,760 yellow umbrellas, each almost 20 feet high, along a 19 mile-stretch of Tejon Pass.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
