November 15, 2024 3:40 am
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Report: Barrett-Jackson auction had $167.8M economic impact in 2016

Photo by Mike Mertes, AZ Big Media
Photo by Mike Mertes, AZ Big Media

By Experience AZ

(Disclosure: Rose Law Group represents Barrett-Jackson.)

A recent economic and fiscal impact report, paid for by the Barrett-Jackson Auction Company and the City of Scottsdale, shows that the annual car auction had a total economic impact of $167,800,000 in 2016.

Local economists at Elliott D. Pollack & Company conducted the analysis, which reveals both economic and fiscal impacts. The economic impacts analyzed the direct and indirect financial output created by Barrett-Jackson’s year-round operations as well as its January auction’s activities.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.