According to a new Arizona State University W.P. Carey\nSchool of Business study, the economic impact of the Phoenix Airport system has\nincreased nearly 15% since 2016. The study, which is based on calendar year\n2022 figures, shows that Phoenix Sky Harbor, Phoenix Deer Valley, and Phoenix\nGoodyear airports have a total economic impact of $44.3 billion per year. The\nAirport system, which continues to be the largest economic engine in the state\nof Arizona, supports nearly 246,000 jobs with an annual payroll of $14.8\nbillion. The Phoenix Sky Harbor campus supports more jobs in the state than any\nother organization.<\/p>\n\n\n\n
\u201cThe Phoenix Airport System is a critical asset to our\ncommunity and state, and this new study underscores how vital it is to our\neconomy,\u201d said Phoenix Mayor Kate Gallego. \u201cPhoenix is thriving in no small\npart thanks to our airports, and our continued investment in them creates jobs,\nsupports both local and global businesses, connects Phoenicians to worldwide\nopportunities, and leaves visitors with a desire to come back to the Valley.\u201d<\/p>\n\n\n\n
Even though data from the study includes several years\nwithin the pandemic period, and 2022 was still within post-pandemic recovery\nmode, gains were made in economic output, total income to workers, and visitor\nspending. Though employment numbers decreased slightly at Phoenix Sky Harbor,\nthe total income including wages and benefits to workers was $14.8 billion.\nThese airport jobs directly support the economy in the region as workers spend\ntheir wages.<\/p>\n\n\n\n
Additionally, visitor spending at Phoenix Sky Harbor rose\n12% from $5.8 billion in 2016 to $6.5 billion in 2022. It\u2019s estimated that\ndomestic visitors on average spend $831 per person per trip while international\nvisitors spend $1,002 per person per trip. The total for both domestic and\ninternational visitor spending is $7 billion a year. <\/p>\n\n\n\n