Comparison with other export-oriented industries, gross state product, and indirect, induced and secondary impacts

abstract: Travel and tourism is an important economic activity in Arizona. Spending by visitors generates sales in lodging, food service, recreation, transportation and retail businesses – the “travel industry.” This spending injects money into local economies, just as with other export-oriented industries such as manufacturing, agriculture, and mining. The State of Arizona has a direct stake in the health of its export-oriented industries because of their capacity to generate income for local economies and the state. This report compares the travel industry with some of the other major export-oriented industries in Arizona that are also of interest as a matter of economic development policy.Includes bibliographical references