Phoenix Relocation Guide

estimated economic impact of over $300 million. Art activity generates state and city tax revenue and contributes to job growth in critical support industries like restaurants, hotels, and retail businesses. The city of Phoenix is one of 182 commu- nities that participated in Arts & Economic Prosperity III, the most comprehensive study of its kind and documents the economic impact of the nonprofit arts and culture industry in 139 cities and counties, 31 multi- county regions, and ten states, representing all 50 states and the District of Columbia. SPORTS: CARDINALS, SUNS, DIAMONDBACKS, AND MORE With just about every major sport represented, sports tourism is big business in Phoenix. Consider these impressive and interesting facts: • Greater Phoenix has more than 200 golf courses. • The University of Phoenix Stadium hosted Super Bowl XLII and Super Bowl XLIX. • The Cactus League spring training base- ball attracts 1 million fans each year. • The annual Waste Management Phoenix Open attracts the largest galleries of any golf tournament in the world.

Phoenix is also home to several top healthcare systems as well, including Scottsdale Health, Catholic Healthcare West, and Banner Health, all of which offer an array of employment opportunities. Arizona hospital employment growth has significantly outpaced the annual employment growth of hospitals nation- wide. With new hospital facilities being newly constructed, or are at least on the horizon, the number of jobs available to those in the health- care sector will continue to rise. The Valley of the Sun also houses major data centers and technology companies. Top technology employers in Phoenix include Intel, Honey- well, Boeing, and some defense contractors. Where do U.S. residents go when its 20 degrees below freezing in their home state? Phoenix has become the go-to place for northerners to relax, unwind, and enjoy the beautiful winter weather and sun-stricken scenery, unmatched by anywhere else. For those highly-needed spa days, there are approximately 480 hotels in the Phoenix area running at full steam, with resort-like spas employed by aestheticians and masseuses for a perfectly relaxing day. Need a day outside to enjoy hitting the green with friends? Phoenix has numerous golf courses to keep golfers putting away and to fuel the industry humming alongside it. THE ARTS Arts and cultural organizations are also big contributors to the local economy, with an

University of Phoenix Stadium, funds the promotion of tourism in Maricopa County, the construction and renovation of Cactus League Spring Training facilities, and youth and amateur sports projects. Sports tourism activities contribute close to $2 billion annually to the area economy, according to a report by AZ Business Magazine . Many nearby restaurants and local businesses benefit from the abundance of crowds that spring training brings to the area every spring. In fact, many shopping and eatery districts, such as Westgate in Glendale, are open on game days, specifically to attract revenue opportunities from nearby sporting events. It’s clear that Phoenix is an exciting and vibrant place to do business with a thriving entrepre- neurial spirit and industries of all kinds. We’re glad you’re here. TUCSON With such industry leaders as Raytheon Missile Systems, IBM, Honeywell, Texas Instruments, Intuit, and Bombardier Aero- space, it’s clear that Tucson has made a name for itself as a great place to grow a business. In addition, Caterpillar, Inc. relocated their new regional headquarters to Tucson provided hundreds of jobs in its wake. Addi- tionally, Vector Space Systems launched in Tucson that same year around the same time, providing multiple jobs to those within the community. LABOR & UNEMPLOYMENT Recent studies on economic indicators in Tucson show positive growth in personal income of about 4.8 percent in 2019, which is better than the overall growth seen nation- wide, good news for those who are relocating. While the Old Pueblo unemployment rate has been hit hard by challenging economic times, it has fared better than the rest of the country and is steadily recovering with strong opportunities in various job sectors. In industry job growth news, experts report that the healthcare field is gaining about 1,000 jobs each month statewide, which is great news for those in that field.

In fact, the Arizona Sports & Tourism Authority, which owns and operates the

Downtown Phoenix Photo by Robert Silberblatt courtesy of Visit Phoenix

P H O E N I X R E L O C A T I O N G U I D E . C O M | T U C S O N R E L O C A T I O N G U I D E . C O M 23

Made with FlippingBook Annual report