By Griselda Zetino | KTAR (Photo via Phoenix Suns Twitter)
PHOENIX — Arizona is about to get a huge economic boost thanks to the Phoenix Suns making it to the NBA Finals, according to two Valley economists.
Phoenix-based economist Elliott Pollack projects the state will get tens of millions of dollars that fans locally and out-of-state will spend at restaurants, bars and hotels in downtown Phoenix.
But he believes the biggest benefit to the state’s economy will come from the exposure and publicity the Suns’ NBA Finals appearance will bring.
“People tend to pick up things from watching TV,” Pollack said. “They like the area. They like what they see. They like what they hear and so if they’re looking to move … that might be the tipping point to come to Phoenix. If you’re a business, it could be the same thing.”