All Star Exports
The MLB All Star game was played here in Phoenix at Chase Field over the weekend. It's another example of an Arizona export - something that is paid for by someone from somewhere else.
This particular export was helpful to the local economy coming as it did during the middle of the summer. We don't usually get many visitors during the summer months and hosting an event that fills up the local hotels is significant.
Although it is a recurring event, it took a decade to get it here and probably won't be back for another decade at least. Hence there is essentially no ongoing economic impact.
Labels: macroeconomics, microeconomics
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