Recent Release | 17 Oct 2023
The McDonald’s System’s Multi-Billion Dollar Impact
Economic Consulting Team
Oxford Economics
McDonald’s partnered with Oxford Economics to calculate its state-level economic impact. The results were conclusive: McDonald’s is a significant economic engine for communities across the country.
For example, in its home state of Illinois, the McDonald’s System was responsible for supporting more than $3.2 billion in total GDP and supported more than 51,000 jobs, while being responsible for nearly $700 million in federal, state, and local taxes during the period of analysis.
Other figures and more information can be viewed on our dedicated microsite, where all state impacts will be available to view by year end.
The experts behind the research
Our Economic Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Daniel Diamond
Senior Economist, Economic Impact
Laurence Wilse-Samson
Lead Economist, Economic Impact
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