Arizona’s sports and tourism industry is a thriving powerhouse, contributing $24.1 billion to the state’s economy and creating numerous job opportunities, according to a report released by the Common Sense Institute (CSI). The report highlights the sector’s continued growth and emphasizes its vital role in the state’s economic success.
Arizona’s recent hosting of the Super Bowl LVII and the Waste Management Phoenix Open has contributed to the industry’s impressive numbers. With an abundance of sporting events scheduled for the coming years, including the 2024 Men’s NCAA Final Four and the 2026 Women’s NCAA Final Four, the state’s economy is expected to continue its upward trend.
The CSI report shows that the sports and tourism sector in Arizona supports more than 190,000 jobs, providing employment opportunities for individuals at all levels of skill and education. From event planners and marketers to hospitality and transportation workers, the industry offers a diverse range of career paths and plays a significant role in the state’s workforce.
The report also highlights the positive impact of the sports and tourism sector on the state’s tax revenue. In 2022, the sector generated $1.5 billion in state and local tax revenue, contributing to critical public services such as education, healthcare, and infrastructure development.
In addition to boosting the state’s economy, the sports and tourism industry in Arizona promotes community engagement and civic pride. Sporting events bring together people from diverse backgrounds, creating opportunities for shared experiences and cultural exchange. The industry also supports local businesses and contributes to the growth and development of communities across the state.
As Arizona’s sports and tourism sector continues to thrive, it is essential to recognize its importance and support its growth. The CSI report serves as a call to action for policymakers, business leaders, and community members to prioritize and invest in the industry’s future.
One way to support the sector is by advocating for policies that promote tourism and attract new events to the state. For example, investing in infrastructure, improving transportation, and offering incentives for event organizers can increase Arizona’s competitiveness and attract more visitors and events.
Another way to support the industry is by investing in workforce development programs that prepare individuals for careers in the sector. Providing education and training opportunities in event planning, marketing, and hospitality can create a pipeline of skilled workers and promote the industry’s long-term sustainability.
In conclusion, the sports and tourism sector in Arizona is a vital contributor to the state’s economy, job market, and overall quality of life. The CSI report emphasizes its importance and serves as a call to action for all stakeholders to support its growth and development. By investing in the sector’s future, Arizona can continue to reap the benefits of its thriving sports and tourism industry for years to come.
Written by: Stephen Morton