Phoenix airport system's economic impact is $44.3 billion, says new ASU study
The Phoenix airport system is responsible for supporting almost 246,000 jobs as Arizona's largest economic engine, according to new W. P. Carey research study.
In this article published April 26, 2024, in InBusiness Phoenix:
According to a new ASU W. P. Carey School of Business study, the economic impact of the Phoenix airport system has increased nearly 15% since 2016. The study, which is based on calendar year 2022 figures, shows that Phoenix Sky Harbor, Phoenix Deer Valley, and Phoenix Goodyear airports have a total economic impact of $44.3 billion per year. The airport system, which continues to be the largest economic engine in the state of Arizona, supports nearly 246,000 jobs with an annual payroll of $14.8 billion. The Phoenix Sky Harbor campus supports more jobs in the state than any other organization.
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