Economy
Economic Activities (jobs/industries , etc.) : San Francisco hotels contribute to the local economy by:
• generating $6.6 billion in economic activity in San Francisco.
• providing the equivalent of 24,000 local jobs and stimulating the creation of
62,000 jobs throughout the Bay Area.
• contributing over $300 million in total taxes, of which $200 million goes to the
City’s General Fund—the largest single industry contributor.
Economic System: Since the days of the Gold Rush, San Francisco has been an important financial center. Located halfway between London and Tokyo as well as between Seattle and San Diego, San Francisco is at the center of global business.
Exports: The U.S. Commercial Service of the U.S. Department of Commerce is a federal government agency dedicated to helping small-to-medium sized companies develop international markets.
Money: The cost of living in San Francisco is high, but in general you get what you pay for – inventive, fresh cuisine, stimulating cultural events, plenty of fine art and good strong drink.
Exchange Rate To The Us Dollar: American currency is called the Dollar, and comes in paper banknotes (also called bills) and coins. Each dollar is divided into 100 cents. Bills come in denominations of $1, $2 (though these are extremely rare), $5, $10, $20, $50 and $100 dollars. Coins come in 1 (penny), 5 (nickel), 10 (dime), 25 (quarter), 50 (half dollar) cent and $1 denominations however the 50 cent and $1 coins are not very common.
*compare the cost of a pizza in your country: Arkansas $5 San Francisco $9
*compare the cost of a hotel room in your country: Arkansas $100 San Francisco $200
• generating $6.6 billion in economic activity in San Francisco.
• providing the equivalent of 24,000 local jobs and stimulating the creation of
62,000 jobs throughout the Bay Area.
• contributing over $300 million in total taxes, of which $200 million goes to the
City’s General Fund—the largest single industry contributor.
Economic System: Since the days of the Gold Rush, San Francisco has been an important financial center. Located halfway between London and Tokyo as well as between Seattle and San Diego, San Francisco is at the center of global business.
Exports: The U.S. Commercial Service of the U.S. Department of Commerce is a federal government agency dedicated to helping small-to-medium sized companies develop international markets.
Money: The cost of living in San Francisco is high, but in general you get what you pay for – inventive, fresh cuisine, stimulating cultural events, plenty of fine art and good strong drink.
Exchange Rate To The Us Dollar: American currency is called the Dollar, and comes in paper banknotes (also called bills) and coins. Each dollar is divided into 100 cents. Bills come in denominations of $1, $2 (though these are extremely rare), $5, $10, $20, $50 and $100 dollars. Coins come in 1 (penny), 5 (nickel), 10 (dime), 25 (quarter), 50 (half dollar) cent and $1 denominations however the 50 cent and $1 coins are not very common.
*compare the cost of a pizza in your country: Arkansas $5 San Francisco $9
*compare the cost of a hotel room in your country: Arkansas $100 San Francisco $200