ATLANTA (AP) –
The Georgia World Congress Center, a key economic engine in metro Atlanta, could end the fiscal year in the black.
The facility is the country's fourth largest convention center. This week, it reported a profit against budget of $2.6 million in May and says it could close out the year with a profit somewhere above $1 million.
The facility anticipated ending fiscal 2011, which closes Thursday, with a loss of about $1.4 million.
The convention industry brings hundreds of thousands of people to metro Atlanta to spend money in hotels, restaurants and shops, keeping thousands more employed and filling the city's coffers with millions in taxes.
The facility credits the recent Microsoft convention with boosting its bottom line. More than 10,000 people attended and spent freely on food and drinks.