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## The Economic Impact of the Total Solar Eclipse

This article originally appeared on Business Insider.

As millions of Americans gear up to witness the total solar eclipse on Monday – an event that NASA has described as rare and “spectacular” – the phenomenon is not only a visual treat but also a boon for local economies.

Various industries are poised to reap the benefits of the millions of tourists flocking to cities in Texas, Ohio, and New York, which lie on the eclipse’s “path of totality” and offer the best views of the ring around the sun.

According to NASA, this year’s eclipse is expected to last three to four minutes, longer than the previous solar eclipse in 2017. Those who miss this opportunity will have to wait until 2044 or 2045 to witness another one in the contiguous US, as per the agency’s statement.

Up to 3.7 million people are projected to travel to the eclipse’s path, joining the 31 million individuals already residing along the stretch, according to forecasts by the eclipse-tracking website Great American Eclipse.

Visitors are anticipated to spend generously, with estimates suggesting they could splurge up to $1.6 billion on accommodations, activities, food, and gas. The Texas-based economic consultancy Perryman Group provided these estimates.

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