Claggett & Sykes Law Firm - November 2023

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(702) 333-7777 WWW.CLAGGETTLAW.COM NOVEMBER 2023

A HARMONIC ECONOMIC BOOST THE UNSEEN IMPACT OF ‘THE ERAS TOUR’

a staggering 83% of attendees hailing from outside Alleghany County. Los Angeles reaped a total economic windfall of $320 million, engendering 3,300 jobs, $20 million in sales and local sales tax, along with an additional $9 million in hotel room taxes. Denver and Cincinnati, too, basked in the economic glow with visitor spending contributing an estimated $140 million and $48 million to their respective state’s GDP.

Total Economic Impact A meticulous study conducted by Question Pro underscores that Swifties have directly expended around $5 billion across the various destinations within the country. U.S. Travel corroborates this economic impact, albeit suggesting the actual figure is likely underestimated. They estimate the total economic reverberation probably surpassed the $10 billion mark, encompassing indirect spending and expenditures by others who were drawn to the lively atmosphere surrounding the events but not attending the concerts per se. Localized Impact The tour didn’t just play to local audiences; each concert also magnetized a significant number of visitors who, in addition to reveling in the concert, spent multiple days exploring the host cities. Record high occupancy rates and bustling downtowns were common scenes over the concert weekends in cities nationwide. On a personal note, many of my family members are ardent Taylor Swift admirers and were among the multitude that flocked to the Las Vegas leg of the tour. The palpable excitement in their eyes was a mirror to the euphoria shared by thousands of other attendees. Our hometown of Las Vegas seemingly ground to a halt, basking in the Swift mania that swept through the city. The streets were abuzz with revelers, and the local businesses were brimming with patrons, showcasing in real-time, the profound economic impact such events carry.

In the limelight of the musical world, the recently concluded first U.S. leg of Taylor Swift’s “The Eras Tour” has garnered massive attention, not just for its artistic brilliance but for its substantial economic impact on the local communities and economies across the U.S. The resonance of this tour has echoed far beyond the packed stadiums, reaching into the very economic fabric of the host cities. Setting the Stage Major events like concerts, professional sports games, and other large gatherings have historically been significant economic catalysts for host cities. These events attract a plethora of out-of- town visitors, thereby injecting a healthy dose of revenue into local businesses, especially those tailored to cater to travelers. A widely recognized economic principle posits that $100 spent on live performances engenders approximately $300 in ancillary expenses, encompassing expenditures on accommodations, dining, and transportation. Unprecedented Impact “The Eras Tour,” traversing through 20 distinct U.S. cities, witnessed an expenditure extravaganza by concertgoers, notably outstripping typical spending patterns. The ardent fans, colloquially known as “Swifties,” on average, disbursed $1,300 on local economies, covering the spectrum of travel, lodging, food, merchandise, and even whimsical costumes. This level of spending, remarkably, parallels that of the Super Bowl, albeit unfolding over 53 different nights in 20 various locales over a span of five months. The repercussions? Downtown areas across the nation reveled in a surge of visitors and a consequent economic uplift, courtesy of Taylor Swift.

Comparative Impact While Swift’s tour has arguably created a robust economic ripple, it’s riveting to note that the “Renaissance Tour” by Beyoncé has seen even a higher average spending per show, with concertgoers shelling out an average of over $1,800. The spending spree of these fans, too, has bolstered the local economies into the billions. Why It Matters The spending prowess of Swift and Beyoncé fans epitomizes the broader economic potential harbored by large-scale events. Such events invigorate travel to host destinations, thereby amplifying local economies. They afford cities a golden opportunity to exhibit their allure, hoping to entice repeat visits. The Bottom Line The narrative of “The Eras Tour” underscores the notion that travel is indeed a potent economic engine, ceaselessly propelling businesses and communities forward. The resonating economic tunes played by such mega-events amplify the symbiotic relationship between the entertainment industry and local economies, orchestrating a melody of prosperity that reverberates across the nation.

Delving Into Specific Cities: •

–Tom Askeroth

Pittsburgh witnessed a whopping $46 million in direct spending from the two concerts, with

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EMBRACING FALL WELLNESS SEASONAL FOODS FOR BOOSTING IMMUNITY

ROOT VEGETABLES: UNDERGROUND HEROES

As the brilliant hues of autumn leaves captivate our senses, November brings with it the anticipation of the holiday season, including Thanksgiving feasts. However, it also serves as a precursor to the colder months, making it crucial to focus on wellness. One effective way to strengthen your immune system is by incorporating seasonal foods rich in essential nutrients. Let’s explore some of these immunity-boosting foods and how to seamlessly include them in your Thanksgiving spread. PUMPKINS: MORE THAN JUST DECOR Pumpkins are perhaps the most iconic representation of fall, but their benefits extend far beyond aesthetic appeal. Rich in beta-carotene, which converts to vitamin A in the body, pumpkins play a vital role in enhancing vision and strengthening the immune system. Pumpkin seeds are also a good source of zinc, another immune-boosting mineral. Consider adding pumpkin soup to your Thanksgiving menu or roasting the seeds as a nutritious snack. SWEET POTATOES: A SWEET ADDITION Sweet potatoes are another November staple that is both delicious and beneficial. Packed with vitamin C, these root vegetables can help ward off colds and flu. Their high fiber content can also assist in digestion, making them an excellent choice for a hearty Thanksgiving side dish. You can make a classic sweet potato casserole or opt for a healthier version by roasting it with some olive oil and herbs.

Root vegetables like carrots, beets, and turnips are often overlooked but are nutrient-dense options for fall. Carrots, like pumpkins, are rich in beta- carotene. Beets contain folate and manganese, which contribute to bone health and immune function. Turnips offer a good amount of vitamin C. A medley of roasted root vegetables can serve as a colorful and healthful addition to any Thanksgiving table. INCORPORATING IMMUNITY-BOOSTING FOODS INTO YOUR THANKSGIVING MEAL Thanksgiving is the perfect opportunity to combine traditions with wellness. You can swap out some of the more indulgent items on your menu for nutrient-rich alternatives without compromising on taste. For instance, try making a pumpkin and carrot smoothie as an appetizer, or incorporate roasted sweet potatoes and root vegetables as side dishes. Not only will you enjoy a delicious meal, but you’ll also be fortifying your immune system for the winter months ahead. As we gather to give thanks this November, let’s also be mindful of the bounty of seasonal produce that can contribute to our well-being. After all, good health is something we can all be thankful for.

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WORKERS’ COMPENSATION AND PERSONAL INJURY

MITIGATE JOB-RELATED STRESS HOLISTICALLY

STUFFED PEPPER SOUP

IT COULD SAVE YOUR LIFE

Inspired by TasteOfHome.com

The relationship between stress, particularly occupational stress, and cardiovascular disease (CVD) is an area of growing concern. Board-certified cardiologist Thomas C. Hilton, MD, in a recent paper on the topic, offers a comprehensive analysis of how various forms of stress, including workplace stress, contribute to the development of CVD. Scientific evidence presented in the paper shows that occupational stress can act as a catalyst for coronary artery disease, hypertension, and other cardiovascular issues. The physiological responses induced by stress, such as the release of cortisol, have adverse effects on heart health. Occupational stress is often inevitable in today’s fast-paced work environments. The paper highlights that the Defense Base Act (DBA) acknowledges stress as an occupational hazard, potentially qualifying for workers’ compensation. This legal inclusion implicitly suggests that stress- related CVD could be a subject of litigation, particularly in workers’ compensation cases, which could be pivotal for professionals in high‑stress jobs. Given the significant impact of workplace stress on cardiovascular health, the paper advocates for a holistic approach to mitigating these risks. Here are three practical ways to reduce stress at work. Time Management Poor time management often leads to work overload and, consequently, stress. Implementing

effective time management strategies, such as prioritizing tasks and setting realistic deadlines, can significantly reduce work-related stress. Employers can offer time management workshops, and employees can use digital tools like task managers to keep track of their workload. Physical Activity Even brief periods of physical activity can relieve occupational stress. A simple 15-minute walk during lunch breaks or quick stretching exercises can refresh the mind and reduce stress levels. Companies can promote this by providing gym facilities or organizing group physical activities. In my experience, I have found that a brief walk outdoors is particularly helpful in reducing stress. Mindfulness Techniques Practicing mindfulness techniques, such as deep breathing or short meditation sessions, can also be beneficial. These practices promote mental clarity and relaxation, helping to manage stress effectively. Employers can facilitate this by creating a quiet space for relaxation or offering mindfulness training programs. In conclusion, we often underestimate the link between occupational stress and CVD. Taking these practical steps will help mitigate the risks associated with occupational stress and, by extension, cardiovascular disease.

Ingredients

2 lbs ground beef

6 cups water

1 28-oz can tomato sauce

1 28-oz can diced tomatoes, undrained

2 cups chopped green peppers

1/4 cup packed brown sugar

2 tsp salt

2 tsp beef bouillon granules

1 tsp black pepper

2 cups cooked long-grain rice

Chopped fresh parsley (optional)

Directions

1. In a Dutch oven over medium heat, cook beef until no longer pink, breaking it into crumbles; drain. Add beef back to the pot and stir in all ingredients except the cooked rice. Bring to a boil. 2. Reduce heat. Simmer uncovered until peppers are tender, about 30 minutes. 3. Add cooked rice and simmer, uncovered, for about 10 minutes. If desired, sprinkle with chopped fresh parsley.

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INSIDE

1 The Impact of Mega-Events on Local Economies 2 3 3 Ways to Reduce Job-Related Stress Stuffed Pepper Soup Seasonal Foods to Boost Your Immunity 4 Explore the Instinctual Call of Crisp Autumn Leaf Piles

THE SCIENCE BEHIND WHY DOGS AND HUMANS CAN’T RESIST LEAF PILES

humans, there are a few more reasons your canine companion can’t resist a tower of leaves.

Instinct to Dig Digging is a dog’s favorite pastime that dates back to their wolf ancestors. Just as natural as sniffing and barking, digging is an ingrained behavior for dogs, and they want to follow their instincts the moment they see a leaf pile. Whether they’re digging in to rest in the cool leaves or demolishing the pile entirely, your dog is just doing what dogs have always done. Irresistible Seasonal Scents Our sense of smell doesn’t even come close to dogs’ incredible scent skills. While we have 5 million scent receptors, dogs have anywhere between 125–300 million! This means they can smell countless other scents we can’t, and autumn may bring some exciting aromas your dog hasn’t experienced in a while. The result? They’ll dive right into a leaf pile and get sniffing! Marking Territory Another scent factor could be your dog wanting to claim a particular leaf pile. We already know dogs use their scents to mark territory, and rolling in a beloved pile of leaves is a way to infuse their scent. After diving head first into some leaves, they leave their scent behind so other animals can smell them and know that the leaf pile has already been claimed!

Whether it’s your boisterous toddler or rowdy pup, a perfect pile of autumn leaves might be too good to resist! You probably remember the days when you also jumped into a crunchy orange leaf pile without a second thought. But why do humans and dogs love jumping into huge piles of leaves? The main (and most obvious answer) is because it’s fun! For kids, dogs, and even some adults, jumping and rolling around in the fall leaves is a satisfying form of play that releases energy. While this may be the simple reason for

Whatever the case, jumping into a pile of leaves is completely normal — and fun! — for both humans and dogs.

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