By  on January 15, 2009

WASHINGTON — Retailers here could get a temporary reprieve from the economy’s doldrums as millions of people pour into the nation’s capital and loosen their purse strings to celebrate the historical inauguration of President-elect Barack Obama.

Stores, restaurants and hotels are expected to see a year-over-year bump of $7 million to $10 million from the inauguration, said Dan Tangherlini, city administrator. The estimated price tag of putting on the inauguration for Washington and surrounding areas in Maryland and Virginia is roughly $75 million.

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