$29.1 billion: The total gross domestic product for Tucson region. It’s $187 billion in Phoenix.
Tuesday, August 16th, 2011From Inside Tucson’s Business:
$29.1 billion: The total gross domestic product for Tucson region. It’s $187 billion in Phoenix.
By Hugh Holub
…”$29.1 billion – the total gross domestic product for the Tucson region. It’s $187 billion in Phoenix.”
The Phoenix area is about 4 times the population of the Tucson region.
But the gross domestic product in Phoenix is 6.5 times that of Tucson.
Arguably Tucson’s gross domestic product should be around $47 billion.
Tucson’s gross domestic product falls short by $18 billion a year.
$18 billion is the lost Motorola plant. It is the lost General Instruments plant. It is the lost Apache helicopter plant. It is the lost Raytheon Missile Systems’ new production facility and a lot of other lost opportunities that were run out of town by small-minded local “leaders.”
