World Series Gives New Jersey, New York Businesses a Hit, Not a Homerun.

Oct. 28--Baseball fans bought caps and splurged on T-shirts. Many of them shelled out more than $1,000 to get into the games. And they paid for zany memorabilia such as Yankees-Mets checkers games and team-logo tattoos.

But in terms of cold, hard economic growth, the Subway Series apparently had little impact on New Jersey and New York. The fact that the Series ended in five games instead of seven didn't help.

"It definitely would have helped us if they had gone to Saturday night," said Cheryl Dewland, general manager of the Embassy Suites in Secaucus.

Though New York City Economic Development Corp. spokesman Greg Miley said the New York Comptroller's office was estimating the Series would generate $137 million in revenue for the Mets, the Yankees, and baseball-centric merchants, many economists are hard-pressed to see any economic benefits in other …