ASU study reports 2022 WM Phoenix Open injected over $450M into Arizona's economy
The study also reported an annual employment impact of more than 4,000 jobs.
In this story published Feb. 9, 2023, in the City Sun Times:
An economic impact study conducted by Arizona State University's Seidman Research Institute at the W. P. Carey School of Business found the 2022 WM Phoenix Open generated nearly a half billion dollars ($453.7 million) into Arizona's economy. As part of the total economic impact, the study, commissioned by The Thunderbirds – hosts of the WM Phoenix Open – also reported a total state GDP contribution of nearly $280 million ($276.8 million) and an annual employment impact of 4,290 jobs.
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