Economic Effects
With all the cutbacks resulting from the severe economic downturn in the United States, the game was dubbed "The Recession Bowl." Restaurants were slow in business and many parties, including parties hosted by Playboy and Sports Illustrated were canceled. There were also 200 fewer sports journalists covering the game than at Super Bowl XLII the previous year. According to the online broker StubHub, tickets with a face value of $500 changed hands the week of the Super Bowl for an average $2,500 – a 40% drop from Super Bowl XLII in 2008 and 16% lower than Super Bowl XL in 2006. Ford, Chrysler and General Motors, the Big Three automobile makers, decided not to purchase television advertisements following the three companies' business struggles in 2008 and early 2009.
Read more about this topic: Super Bowl XLIII
Famous quotes containing the words economic and/or effects:
“Under weak government, in a wide, thinly populated country, in the struggle against the raw natural environment and with the free play of economic forces, unified social groups become the transmitters of culture.”
—Johan Huizinga (1872–1945)
“The best road to correct reasoning is by physical science; the way to trace effects to causes is through physical science; the only corrective, therefore, of superstition is physical science.”
—Frances Wright (1795–1852)