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SpinDistribute.com Article Directory

The following article was published in our article directory on November 12, 2010.
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Court Inside and Outside View of the U.S. Economy

Article Category: Business

Author Name: xia zihui

By the financial crisis and economic downturn, nearly half of NBA teams last season losses, total loss of 3.7 billion U.S. dollars. Currently, NBA player wages between employers and employees about the new agreement negotiations are still tough going. NBA commissioner David Stern has released relentless, one-third of the first players cut salaries, reduced the market after poor team.

Although the court players of passion, the fans spirits high, but standing on the floor of the guide member Robert expression of calm. This game seems slightly higher attendance than the first few matches, but, the scene was much the fans.

Because "China Hutch" factors, the same day to watch the games of Chinese fans is estimated more than a quarter of the total number of fans. If not so many Chinese fans to join in the scene the audience will be less. Washington Wizards owner hired this year, is also an important reason for Yi Jianlian hopes to attract Chinese fans and the joint venture in China to "open source."

Wizards can accommodate nearly two million fans in home attendance for six, Qi Cheng, but obviously "uneven distribution": the cheapest fare audience of high-level grandstand area, followed by the bottom of the bleachers the highest fares, and mid-range of the middle fare the smallest audience bleachers.

Wizards ball home run every game I, like the two people who basically run the ball so much, sitting in the stands of black senior, said Lawrence, a small fan. Today, people eat and drink not to buy the first few races, and this year people seem to eat and drink to buy fewer. From this, the economic downturn does affect the team's ticket to the NBA and the food and beverage revenue.

"Washington Post" published an article recently pointed out by many economists for the local economy such as professional football and baseball games to say pull disagree, after all, the local economy can not be based on the peanuts and popcorn. Spending power of people just play a game "redistribution" feature, people spent $ 400 on the golf course, restaurants and theaters will be provincial money down, without increasing their total expenditure on entertainment.

From a number of economic indicators, the U.S. economy is gradually recovering over the past year. However, after a period of economic recession, employment and consumption tend to lag behind other indicators of gross domestic product. Currently, the United States in the current cycle hit by the financial and real estate has not yet fully recovered, the economic recovery is not solid, so a "jobless recovery" and repeated fluctuations in economic indicators is not surprising.

2009, average household wealth the American people to the level of a decade ago, and reflects the risk aversion of the public savings rate rose to more than double before the crisis. NBA teams can not support the United States for more than ticket prices, fear scare "empty pockets" of the fans. If Yao Yi next year will be staged at the Wizards home "China Derby", the small Lawrence's mother will give the fans closer to the top of the tickets he bought it?

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