Boston city officials projected that hosting the Democrat National Committee Conference would infuse $154 Million into the local economy. According to the Beacon Hill Institute, they fell just a wee bit short of that.

The Democratic National Convention netted Boston's economy just $14.8 million, less than a tenth of what city officials promised, a local think tank reported yesterday - a claim quickly rejected by Mayor Thomas M. Menino.

In total, the event brought in $156.7 million in extra spending, the Beacon Hill Institute at Suffolk University found. But BHI said the loss of events that could have happened and the drop in commuter spending cost the city $141.9 million.

The Mayor called it a "victory" because the city made money. But using the Democrat logic, this was a 90% cut.