A new analysis shows the WM Phoenix Open brought at least $450 million into Arizona's economy last year. This year's tournament is next weekend. abc15
PHOENIX — The 2022 WM Phoenix Open generated a $453.7 million economic impact for Arizona, according to an economic impact study conducted by Arizona State University’s Seidman Research Institute at the W.P. Carey School of Business.
The study, commissioned by The Thunderbirds — hosts of the WM Phoenix Open — reported a contribution to the state's GDP of $276.8 million and an annual employment impact of 4,290 jobs. “We’re proud to see our once small golf tournament in the middle of the desert grow into a crucial source for economic development and growth not only in the Phoenix area, but everywhere in Arizona,” said Michael Golding, 2022 WM Phoenix Open tournament chairman and current president of Thunderbirds Charities, in a statement.
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