The Economic Impact Of Coronavirus Event Cancellations

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The Economic Impact Of Coronavirus Event Cancellations

The Economic Impact Of Coronavirus Event Cancellations



Major tech conferences around the world are scrapping their events due to coronavirus. As of early March, the economic impact of these cancellations had surpassed $1.1 billion and since that time, the number has only increased as more events are scrapped everyday. Major cities from San Francisco to New York have banned large gatherings, as diagnoses in the U.S. have soared. It’s undoubtedly a smart move for public safety. But all these cancellations, particularly of major conferences, are taking a huge financial toll.

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The Economic Impact Of Coronavirus Event Cancellations

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24 Comments

  • Posted on Mar 22, 2020 at 07:47 am

    wtf is Coachella?

  • Posted on Mar 22, 2020 at 07:53 am

    My Amazon ordered got delayed.
    I suffer very big loss than this companies 😭

  • Posted on Mar 22, 2020 at 09:02 am

    I’d rather se a financial toll rather than a death toll…

  • Posted on Mar 22, 2020 at 09:30 am

    All these cancelled conventions are mentioned but not a single mention of E3

  • Posted on Mar 22, 2020 at 09:56 am

    Should have ask China to pay it ya! 😆

  • Posted on Mar 22, 2020 at 10:17 am

    Somehow, 1st world countries were used to listen the word " Epidemics" only with an african country in the same sentence.

  • Posted on Mar 22, 2020 at 10:26 am

    Stay alive first, money later

  • Posted on Mar 22, 2020 at 12:19 pm

    Very misleading title. Move on, find an Economists video.

  • Posted on Mar 22, 2020 at 13:39 pm

    The world Governments are not doing their Job correctly. What they were doing ? You are spending money to discover mars blah blah blah.spending money for new tech. and AI but you can't make a vaccine? You knew something like that could happen but you are not ready for this. There are peoples out there,movies, games predicted that could happen but you did nothing. Global worming collapsing countries burning you did nothing.This is why the nature took its step to stop us. Humans are very vulnerable but we don't care we just care about lifestyle money and cool things. Bul**it.

  • Posted on Mar 22, 2020 at 13:57 pm

    Pending invoices have started rising.

  • Posted on Mar 22, 2020 at 14:08 pm

    Now imagine this, it cost you, your life.

  • Posted on Mar 22, 2020 at 14:21 pm

    Restaurants and bars are closed in major cities. Way worse than just a concert

  • Posted on Mar 22, 2020 at 14:31 pm

    SaudiArabia Cancelled Haj and Umrah which make most of the travel agent goes bangkrupt. . .

  • Posted on Mar 22, 2020 at 14:55 pm

    CNBC sure loves China and their BS — their numbers are fake

  • Posted on Mar 22, 2020 at 15:30 pm

    Meanwhile the Rothchilds are saying “everything is proceeding as planned” laughs in sith

  • Posted on Mar 22, 2020 at 15:58 pm

    Lloyd’s will be going bankrupt, I assume!

  • Posted on Mar 22, 2020 at 16:47 pm

    NOT CORONAVIRUS, IT IS CCP VIRUS!!!

  • Posted on Mar 22, 2020 at 19:10 pm

    2020: Cancelled

  • Posted on Mar 22, 2020 at 19:24 pm

    In solano county why havent i heard about this i live there

  • Posted on Mar 22, 2020 at 20:41 pm

    So the point of this video is that companies and conglomerates are not making billions of dollars, its a dark day for them that I must have to save my money and not give hours of my life away for them to profit🤔🤔🤔🤔 yes i see the tragedy entirely… So its a problem in America when they aren’t making trillions of cash… They don’t want to give money back to the people that make it as a collective they wish to give the money to hotels, airports,restaurants, tech companies. and whatever to make sure they stay stable to only pay less than above average wage so people won’t be so bad off

  • Posted on Mar 22, 2020 at 20:54 pm

    Designed in california, Made in china😊

  • Posted on Mar 22, 2020 at 21:54 pm

    So much for this Maryland Fort Detrick Virus, US really has to answer to the world of this bio terrorist attack when it's over.

  • Posted on Mar 22, 2020 at 22:36 pm

    U should really talked about the business what this cancelations hurt the worst. what r the people who build these show, produced them and install them b/c when this is over those business you guys talked about will have people how will still walk though there door vs actually losing a full year's of work

  • Posted on Mar 22, 2020 at 23:12 pm

    At this time saving people life is more important..

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