You are not beaten until you admit it. Hence DON’T.
George S Patton
Ronald J. Hansen, The Republic | azcentral.com 9:48 a.m. MST July 22, 2014
Arizona attracted a record 39 million visitors who pumped nearly $20 billion into the state’s economy last year, officials say.
The estimated direct spending, $19.8 billion, also set a new mark, though the number of jobs created by the tourism and the average earnings for those jobs remained below pre-recession levels, according to figures provided by the Arizona Office of Tourism.
For the year, the number of visitors jumped 2.4 percent over 2012 totals and the associated spending was up 2.6 percent.
RELATED: Arizona’s state park visitors spent over $700M in 2013
The visits helped directly support 163,500 jobs, the highest total since 2008, but well below the 171,500 the state reported for 2007. Those jobs had $5.4 billion in earnings, the same as in 2012 when officials said there were 2,200 fewer people working in the industry.
On average, the jobs supported by visitors paid $33,028, which was down from 2012 and, as usual, is below the state’s average wage. According to the U.S. Bureau of Labor Statistics, the state’s average wage in May 2013 was $44,370.
The visits include trips by Arizona residents, which usually account for about 30 percent of the state’s totals.
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WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
we are at on the a rise of the cycle in Commercial Real Estate. so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
If you have any questions about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
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Walter Unger CCIM
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a little about me and my expertise – video
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