Taylor Swift’s ‘Eras Tour’ br Is Boosting the Economy, , Federal Reserve Says.br The Philadelphia Federal Reserve released its 'Beige Book' on July 12, 'Billboard' reports.br The report is released eight times annually and details the economic state of American cities.br The latest release indicates that br hotels are being booked more than they br have been in years due to Swift's fans.br Despite the slowing recovery in tourism in the region overall, one contact highlighted that May was the strongest month for hotel revenue in Philadelphia since the onset of the pandemic, in large part due to an influx of guests for the Taylor Swift concerts in the city, Philadelphia officials, via statement.br Cincinnati also revealed that br Swift has boosted its economy.br Taylor Swift is a force br to be reckoned with, Julie Calvert, presidentCEO of tourism agency Visit Cincinnati, via statement.br The economic impact Swift br creates is staggering, as fans br travel from far and wide to br attend her concerts, filling hotels, br restaurants and local attractions. , Julie Calvert, presidentCEO of tourism agency Visit Cincinnati, via statement.br Swift’s influence on tourism is a testament to her ability to captivate audiences and drive economic growth, Julie Calvert, presidentCEO of tourism agency Visit Cincinnati, via statement.