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July 14, 2014 at 2:41 PM

Analysis: Seattle lost $6 million in productivity during World Cup

We know we like our soccer in Seattle, but were we really $6 million less productive during the just-finished World Cup?

That’s what a New York personal finance advice firm says.

We ranked No. 7 in lost productivity, with Los Angeles leading the list at nearly $20 million lost money from you people watching the games during working hours, says SmartAsset.

Worldwide, lost productivity was estimated by SmartAsset at more than $7 billion.

$7 trillion worldwide in lost productivity; Seattle's part was $6 million.

$7 billion worldwide in lost productivity; Seattle’s part was $6 million. Click on the image to go to the full interactive graphic on www.smartasset.com

Surprisingly, the U. S. led in lost productivity during the games with $2 billion, followed by host country Brazil at $970 million, World Cup-winner Germany at $750 million and England at $640 million.

It’s not that we’re so soccer-mad, says company spokeswoman AJ Smith, but because our wages are high in comparison to a country like Brazil, and our population is 3.7 bigger than a country like Germany that has more comparable wages. And, she says, a lot of the games fell during our working hours.

For U. S. cities, here’s the list of lost productivity, according to SmartAsset:

1.) Los Angeles – $19,469,135

2.) NYC – $18,054,129

3.) Chicago – $10,352,261

4.) San Francisco – $9,081,258

5.) DC – $7,152,184

6.) Dallas – $6,927,455

7.) Seattle – $6,237,254

8.) Boston – $4,916,968

Here’s a link to the complete list of countries and the methodology used.

Erik Lacitis: 206-464-2237 or elacitis@seattletimes.com

Twitter @ErikLacitis

Comments | Topics: World Cup


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